All Property Week articles in 5 February 2010
View all stories from this issue.
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Land Securities lets units at Thanet and Dundee
Land Securities has signed up a raft of retailers across its retail park portfolio this month.
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Foreign office wasting money and space on £1.6bn estate, NAO says
The Foreign Office is wasting space and money on its £1.6bn overseas estate, a National Audit Office (NAO) report has shown.
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Galliford Try pays £4 for Bank of Scotland's 50% stake in London resi schemes
Galliford Try has agreed to buy out Bank of Scotland from four London residential developments for £4.
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Something "basically wrong" with retailers going in and out of administration, says PWC's Barry Gilbertson
If a retailer is placed in and out of administration three times, there must be something basically wrong, according to Barry Gilbertson, PricewaterhouseCoopers partner who was addressing the British Property’s Federation retail conference today.
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RBS’s Mike McNamara leaves
Mike McNamara, a regional managing director in Royal Bank of Scotland’s real estate finance team, is leaving the bank.
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Growth of self storage industry continues despite downturn
The UK’s self storage industry has continued to grow despite the economic slowdown, according to a report by Mintel for the Self Storage Association.
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Developers optimistic about future, says Savills
Commercial developers are optimistic about the outlook for development, according to Savills latest Commercial Development Activity report.
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DevSecs on song for MEN arena
Development Securities is in exclusive talks to buy Manchester Evening News Arena, which has hosted bands such as Take That and the Rolling Stones, for over £60m.
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New Jersey consider Xanadu mall surrender
As the developer of the stalled Xanadu project in New Jersey struggles to line up new finance, the state's new governor have floated another possibility if the $2bn project can't get its act together: Surrender it back to the state.
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DLF sold homes worth $103.1m in January
India's top listed real estate firm, sold homes worth Rs4.8bn ($103.1m) in January, group's executive director Rajeev Talwar told reporters on Wednesday.
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Dubai World wants $22bn debt freeze this month
Dubai World intends to ask creditors for a six-month standstill on $22bn in debt this month, until it completes restructuring, an Arabic-language daily said on Wednesday.
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Stockland returns to profit
Stockland, Australia’s largest diversified property group, swung to a profit in the first half on rising demand for residential properties.
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Goldman to sell Shanghai development to HK developer
Goldman Sachs plans to sell a Shanghai residential project it’s owned for more than two years to a Hong Kong-listed Chinese property developer, said two people with knowledge of the matter.
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One-fifth of US homeowners are 'underwater'
More than a fifth of US homeowners owed more than their properties were worth in the fourth quarter as the number of houses and condominiums lost to foreclosure climbed to a record, according to Zillow.com.
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Empty shop numbers continue to rise in UK
The decline of Britain’s high streets has continued with one in five shops standing empty across town centres in Kent, the Midlands and the north east.
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GVA Grimley teams up with PropRT for text enquiry
GVA Grimley has teamed up with Midlands based property marketing company PropRT to provide a text enquiry service.
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Countryside Properties and L&Q appointed for £560m South Acton regeneration
Countryside Properties and L&Q have been selected to carry out a £560m regeneration of Ealing’s largest housing estate, South Acton.
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Secretary of State for Wales backs ports redevelopment
Conygar Investment Company and The Crown Estate have received the backing of Peter Hain, Secretary of State for Wales, for the redevelopment of the ports of Holyhead in Anglesey and Fishguard in Pembrokeshire.
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Redevco sells Ignis House in Glasgow for £29m
Redevco has sold Ignis House in Glasgow to Prupim for £29m.
