All Property Week articles in 19 February 2010
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Centros wins Blackpool’s Houndshill asset management
Delancey-backed Centros has been selected by Anglo Irish Bank to asset manage the 400,000 sq ft Houndshill shopping centre in Blackpool.
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Wolseley’s head of European real estate leaves
Plumbing and building materials group Wolseley’s head of European real estate Paul Dove has left the company.
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General Growth to split as Westfield enters fray
General Growth Properties plans to split itself in two as part of its move to exit bankruptcy that includes a $2.63bn investment from Brookfield Asset Management.
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HK flats tipped to debut at record proces
The developers of a luxury residential project in Island South hope to ride the wave of demand for upmarket properties and launch their project at record prices for the area as early as next month.
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Centro losses down
Centro Properties Group, the Australian developer restructuring its business, said its first- half loss narrowed after declines in property values slowed.
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Lend Lease back in black and eying projects
Lend Lease Group, Australia’s largest property developer, returned to profit in the first half and announced a share sale to fund new projects.
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US new house sales at lowest on record
Sales of new single-family homes plunged last month,, dropping 11.2% in January from a month earlier to a seasonally adjusted annual rate of 309,000, the Commerce Department said.
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Primary Health shows its resilience with 2009 NAV growth
Primary Health Properties defied the recession with net asset value growth of 8.3% last year.
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UK boosts Segro's portfolio value
UK property valuation gains of 8.9% in the second half of the year buoyed Segro’s year results, revealed this morning.
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Tragus on central London expansion plan
Tragus, the restaurant operator, is to open two new Café Rouge restaurants in central London this year as part of a wider expansion.
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Eatonfield receives £250,000 boost
Eatonfield, the cash-strapped AIM-listed commercial and residential developer, this week received £250,000 of new equity to ease its cash crisis.
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Mucklow’s NAV bounces back
A&J Mucklow, the West Midlands-based industrial investor, enjoyed an 8% rise in its net asset value to 288p a share in the second half of last year – the first half of its financial year.
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Woking council buys Wolsey Place shopping centre
In a surprise move by a local council, Woking Borough Council has gazumped F C Reit to buy Wolsey Place shopping centre in Woking in a £68m deal.
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Rockspring buys Aberdeen shopping centre
Rockspring Property Investment Managers has bought the Mall Fund’s Aberdeen shopping centre, as first revealed by Property Week on 18.12.09.
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PWTV: First into Fashion - how have they coped?
It has been four months since the Church Commissioners awarded a shop - rent, rates and service charge free - to young fashion designers Julia Smith and Joanne Stoker.
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Dowley and Turner discuss the market on their first day of business (video)
Industrial specialists Keith Dowley and David Turner launched their new business, Dowley Turner Real Estate, this week.
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Legal Ombudsman signs up for Birmingham office
The Legal Ombudsman has signed up for a new 40,000 sq ft office at Targetfollow’s Baskerville House.
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US commercial mortgage default rate more than doubles
The default rate for commercial property mortgages held by US banks more than doubled in the fourth quarter and may reach a peak of 5.4% at the end of next year, according to Real Capital Analytics.
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Stamp duty move to steady HK housing market
The government is today expected to take steps to cool the Hong Kong's overheating luxury property by acting against the speculators that it worries may be creating a housing "bubble".
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Bahrain rents under pressure
Bahrain’s apartment rental market will continue to be under pressure in the short term, property experts Cluttons.