All Property Week articles in 5 October 2007
View all stories from this issue.
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Online
Akeler's Patrick Going quits
Patrick Going, an executive director at Goodman, has announced that he is leaving the company.
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Grosvenor Waterside scheme bought by Candy jv
A joint venture between Christian Candy’s CPC Group and investment company Qatari Diar is to buy a 355-apartment development at Grosvenor’s Waterside scheme.
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Derwent London lets city building
Derwent London has let its entire office scheme at 186 City Road in the City of London.
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Rugby Estates to launch two new funds
Rugby Estates is planning to launch two new property funds.
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London best business city in Europe
London and Paris have emerged as the best cities in Europe to locate a business while Moscow was rated the best city for future expansion in the latest European Cities Monitor report.
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Aberdeen raises €121m for fund of funds
Aberdeen Property Investors revealed today it raised €121m (£84m) at the first closing of its European fund of fund
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Palmer Capital Partners launches in Europe
Palmer Capital Partners, the venture capital and fund management company led by Ray Palmer, is to make its first push into Europe with the launch of PCP Europe.
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OnlineWestfield Derby opens 98% let
Westfield and Hermes today opened their £340m Westfield Derby shopping centre – six months ahead of schedule.
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News
Rents in Luanda ‘higher than Tokyo or New York’
Luanda is in the throes of a property boom. Financial Times
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News
Sainsbury family issue pension fund ultimatum
Sainsbury’s founding family shareholders will not back Delta Two’s £10.6bn takeover bid for the supermarket unless the fund reaches an agreement with the pension fund trustees. The Times. The Independent. The Guardian. Financial Times. The Daily Telegraph
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News
House prices to fall 6%
House prices are set to fall by 6% over the next two years, a report from consultancey Capital Economics has predicted. The Times. Financial Times. The Daily Telegraph
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News
Qataris’ $1.5bn Harare project
A company run by a member of Qatar’s ruling family is to invest $1.5bn (£735m) in Zimbabwe, to build an oil refinery and a hotel. Financial Times
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Harris lays down £800m Carpetright buyout
Lord Harris, the founder of Carpetright, is poised to agree a buy-out of the flooring chain after four months of takeover talks. Financial Times
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News
Qataris buy Chelsea’s Grosvenor Waterside
The Qatar government has added to its portfolio of west London properties with Grosvenor Waterside, a luxury residential complex next to Chelsea Barracks. Financial Times.
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Hermes reduces BT’s UK property weighting
The BT Pension Scheme is selling a chunk of its £1.4bn holdings in 10 UK property funds, as it switches to international real estate. Financial Times
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News
Hilton in Turkish tie-up
Hilton Hotels Corporation has signed an agreement with a Turkish property company to develop 15 hotels under its Hampton by Hilton and Hilton Garden Inn brands in Turkey over the next five years. The Times
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News
Whittaker ups stake in Pinewood
Continued stakebuilding by John Whittaker sent Pinewood Shepperton shares to a record high yesterday. Financial Times
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News
Dragon debutant circles Erinaceous
Asian entrepreneur James Caan has become the latest predator to eye troubled property services group Erinaceous after building a 3% stake in the company. The Daily Telegraph
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Online
Cordea launches £800m UK ventures fund
Cordea Savills has launched a £800m property ventures fund to target non-traditional areas of the property market.
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Unites reveals student accommodation value uplift
Student accommodation provider Unite defied market gloom by revealing a rise in its net asset value for the last quarter.
