All Property Week articles in 29 February 2008
View all stories from this issue.
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Online
Canary Wharf goes green
Canary Wharf Group has teamed up with the Mayor of London and the Clinton Climate Initiative as part of a new sustainability drive.
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Online
Lancashire entrepreneur banned from directorships
Lancashire based entrepreneur Tim Knowles, who has a £500m property portfolio, has been disqualified from taking on any new company directorships until 2011.
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News
LDA faces £3m bill after CPO failure
The London Development Authority could be forced to pay up to £3m in costs after failing to justify an attempted compulsory purchase of land next to the 2012 Olympic Games site. Financial Times
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News
HBOS considers hub on S&N site
The bank HBOS may build a hub for 6,000 of its employees in Edinburgh on the site of a former Scottish & Newcastle brewery in the city centre’s Fountainbridge area, which is being redeveloped as an extension of the financial district. Financial Times
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News
Darling plans mortgage kitemark
All mortgages in Britain will be in effect graded and the least risky will be given an official seal of approval, under plans designed to reopen the market for wholesale mortgage financing to be unveiled in next week’s Budget. Financial Times, Daily Telegraph
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News
Mortgage frauds a £700m business say police chiefs
Mortgage frauds rake in at least £700m a year and are linked to the financing of organised crime and perhaps even terrorist 'safe houses', chief police officers claim today, in the latest sign of mounting official alarm about the problem. Financial Times
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News
Schroders wary of sub-prime knock-on
Schroders, the UK-based asset manager, warned yesterday that fund managers faced tougher times because investors were becoming more cautious in the wake of the sub-prime mortgage meltdown in the US. Financial Times, Daily Telegraph
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News
Stonemartin chief quits
The downturn in the commercial property market claimed another victim yesterday with the resignation of the managing director of Stonemartin, the Aim-listed serviced offices operator. Financial Times
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News
Taxpayer exposed to Rock vehicle
Taxpayers will bear the risks associated with Granite, Northern Rock’s offshore vehicle for long-term mortgage funding, even though it has not been nationalised, Office for National Statistics officials insisted yesterday. Financial Times
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News
PFI reporting changes too late for budget
Changes likely to put about £30bn of private finance initiative assets on to the government’s balance sheet look set to be postponed for at least a year because two big departments cannot switch to a new accounting standard on time. Financial Times
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News
HSE declares 30% of building sites unsafe
More than a third of 1,000 construction sites visited by safety inspectors last month put the lives of workers at risk, the Health and Safety Executive has said. Financial Times
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News
Liberty ponders merger options
Talks are taking place that may see Liberty International team up with a major rival to become the world's largest shopping mall group. The Independent
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News
aAim to sell hotels
The aAim Group, the property investment company backed by Sir Alex Ferguson, the Manchester United manager, is set to unveil plans to sell a package of six hotels operated by Principal Hayley Group, the hotel and conference centre operator, worth an estimated £350m. The Times
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Online
DTZ and Savills win huge King's Cross instruction
DTZ and Savills have been selected to market the office element of Argent’s £2bn King's Cross scheme, Property Week has learnt.
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OnlineFirst Silverstone pictures
The British Racing Drivers’ Club (BRDC) has gone a step closer to keeping the British Grand Prix with the first pictures of the new Silverstone racecourse and detailed plans for the site.
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OnlineLand Securities' Peter Cleary dies
Land Securities head of retail development Peter Cleary has died.
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Online
Cap & Reg sells stake to reduce debt
Capital & Regional has sold an 80% stake in its £180m Fix trade park portfolio to reduce its level of debt.
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OnlineStanhope picked for £210m Hereford scheme
Hereford Council has selected Stanhope as preferred developer for the £210m redevelopment of Hereford town centre.
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Online
HBOS in talks to buy Edinburgh brewery site
HBOS has entered into exclusive talks to buy Scottish & Newcastle’s former brewery in Edinburgh for more than £100m.
