All Property Week articles in 29 June 2007
View all stories from this issue.
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OnlineCB Richard Ellis to market CityPoint
The global property services company has been appointed as letting and management agents at CityPoint in the City of London.
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Online
Segro completes its largest ever European deal
The company, formerly known as Slough Estates, has bought a 30 ha office and distribution campus in Frankfurt in a €197m (£133m) sale and leaseback transaction with mail order retailer Neckermann.
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Online
Grainger gets consent for £100m Hampshire scheme
Grainger has been granted outline planning consent for a 1m sq ft scheme in Waterlooville in Hampshire.
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News
Gastropub fuels expansion with Front Page
Food and Fuel, the gastropub company founded by former Spirit Group chief executive Karen Jones, has doubled in size by acquiring Front Page Pubs, the owner of five leasehold outlets in London. The Times
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News
Westfield fund raises £520m
Westfield has raised £530m with the launch of its wholesale UK Shopping Centre Fund. The Times
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News
Multiplex wins £339.5m Peterborough hospital contract
Multiplex has won a £339.5m private finance initiative construction contract for a hospital in Peterborough. The Times
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News
Moscow luxury resi developer quadruples land bank
RGI, the AIM-listed Moscow luxury flats developer, has bought four sites totalling 1.73m sq ft in the centre of the city for $190m. The Times
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News
Delek buys Swiss centre
Delek Global Real Estate has bought four packages of European property, including the World Trade Centre in Lausanne, worth a total of £177m. The Times
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News
Coles clinched by Australian Wesfarmers
Australian conglomerate Wesfarmers yesterday clinched a A$22bn (£9.4bn) buyout of retailer Coles in the country’s biggest takeover. Financial Times
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News
Balfour-Lynn 'appalled' at shareholder criticism
Richard Balfour-Lynn, chief executive of Marylebone Warwick Balfour, has hit back at demands from his biggest shareholder to carry out a 'broad-based auction' of hotel chains Malmaison and Hotel du Vin, or face dismissal. Daily Telegraph
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News
Buyers baulk at £1.8bn New Look price tag
The auction of New Look, the fashion chain, collapsed last night after bidders refused to meet the £1.8bn reserve price set by its private equity owners, Apax and Permira. The Times. Daily Telegraph. Financial Times
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News
Branston pickle maker axes six factories
Premier Food, the company that makes Oxo, Branston pickles and Bisto products, is to close six of its 11 UK factories as it aims to make £85m of cost savings after its £1.2bn acquisition of Mr Kipling maker RHM in March. The Times. Daily Telegraph. Financial Times. The Independent. The ...
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News
Waitrose 'is bigger threat than Tesco to independents'
The growth of Waitrose, which aims to double annual sales in the next decade, poses a bigger threat to the future of independent delicatessens and farm shops than Tesco, Asda and Sainsbury's, according to a report published this week. The Guardian
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Online
MWB appoints Bank of America to sell hotels
Marylebone Warwick Balfour Group has appointed Bank of America to sell its £500m Malmaison and Hotel du Vin property assets following the failure of its Vector Hospitality float.
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OnlineShaid Luqman handed 18-month jail term
The property financier at the centre of a £119m court case was jailed for 18 months today.
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OnlineFitch group in £290m Canary deal
Rating agency Fitch is to establish its new London headquarters at Canary Wharf in a £290m deal.
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Westfield launches shopping centre fund
The Australian developer has confirmed the launch of its UK shopping centre fund.
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Online
Quinlan and Maud secure Canary Tower
The Irish investor Derek Quinlan has teamed up with Glenn Maud’s PropInvest to buy bought Citigroup’s headquarters in Canary Wharf from Royal Bank of Scotland.
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OnlineCapCo takes half of Earl's Court
Liberty International’s Capital & Counties has entered into a joint venture with Earl’s Court & Olympia in a £380m deal.
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Online
Wichford buys in Germany
The AIM-listed property company has bought a 95% stake in a German office portfolio for around €149.5m (£100m) from an unnamed vendor.
