All Property Week articles in 9 April 2010
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NAMA appoints Emmett as head of lending
The National Asset Management Agency (NAMA), Ireland’s “bad bank”, has appointed property banking expert Graham Emmett as its head of lending.
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MPs face off in our live General Election debate
Labour and the Conservatives will go head-to-head in a live televised debate days before the General Election and hosted on PropertyWeek.com.
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St Modwen gets green light for £1bn Newport scheme
St Modwen has signed a section 106 agreement with Newport City Council for its £1bn redevelopment of the former Corus Llanwern steelworks near Newport in Wales, and will now go on site with the first phase of the vast scheme.
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Lib Dem manifesto backs Tory “localism”
The Liberal Democrats have today pledged support for the Conservatives’ proposed overhaul to the planning system.
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China's March property prices leap 11.7%
China’s property prices rose at a record pace in March, indicating government efforts to stem gains aren’t working and more drastic measures may be needed amid concern of a bubble in the nation’s housing market.
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Morgan Stanley to take battering on property fund
Morgan Stanley, which once ran the biggest property-investment arm among Wall Street banks, expects to lose $5.4bn, or 61%, of its $8.8bn global fund from 2007, said a person familiar with the situation.
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Feds selling bad loans on 'hard to lose' terms
Starwood Capital Group, Colony Capital and TPG, whose leaders profited from the 1990s savings and loan crisis, are among firms buying assets from the Federal Deposit Insurance Corp. for as little as 22 cents cash on the dollar, according to data compiled by Bloomberg .
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Oz first-home buying set to plunge
First-home owner activity is expected to plummet more than 40% this year amid rising interest rates, tight lending criteria and reduced government incentives.
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Italy's Beni Stabili to sell 7% of capital
Italian property company Beni Stabili SpA said in a statement that its board approved a sale of 7.04% of the company’s share capital to Italian and international investors.
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Oversupply to cut Dubai house prices
Dubai house prices and rents are set to fall 10% more in 2010 and not recover until 2012, as the resumption of some projects and completion of others weigh on an already-oversupplied market, according to a Reuters poll.
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Australian resi rents could rise 10% in 2010
Australian residential rents may rise by more than 10% this year as landlords pass on higher home prices and increased borrowing costs to tenants, Australian Property Monitors said.
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Vodafone picks agents for international property advice
Vodafone has picked Colliers International, Cushman & Wakefield, DTZ and Jones Lang LaSalle as its preferred suppliers to advise on its international property portfolio.
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Cadena hires Chris Jolly as chief executive
Cadena Group has appointed Chris Jolly as its first chief executive.
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Affordable homes given the go ahead at King's Cross
Detailed plans for the first fully residential building at King's Cross Central were given the green light by Camden Council last week.
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Questor share tip: Grainger is an affordable investment in property
With Grainger, the residential property landlord, trading at a discount to its net asset value, Questors says its buy.
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Robert Tchenguiz was Icelandic banks' biggest borrower
Iceland's investigation into the collapse of its financial system has laid bare the astonishing relationship between London-based property billionaire Robert Tchenguiz and its largest failed bank, Kaupthing.
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Morgan Stanley appoints European real estate head
Morgan Stanley Real Estate Investing has rehired Olivier de Poulpiquet as its European head to succeed Marco Polenta.
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ProLogis signs host of European deals
ProLogis has signed two ‘build to suit’ agreements in Europe, including one in the UK, totaling 920,000 sq ft.
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Barrie blogs on Ronson’s `10 commandments’
King of the house builders Tony Pidgley today told us his friend the `Guv’nor’ Gerald Ronson’s 10 Commandments for property success in a speech at the Heron annual lunch.
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PWTV: Ladies do Lunch at King Sturge
Property Week Global editor Lucy Scott visited the West End offices of King Sturge earlier today to join the Ladies in European Property Lunch.