All Property Week articles in Global Russia October 2008
View all stories from this issue.
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Online
Citi to sublease three floors at Canary Wharf
It said today it had instructed Knight Frank and Cushman & Wakefield to market floors 22 to 24 totalling 87,000 sq ft. The quoting rent has not been revealed. The space will be available for occupation by the middle of next year. The decision follows the ...
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News
Lands Secs' Cleary took his own life after becoming 'somewhat stressed' at work
Peter Cleary committed suicide after becoming stressed about a possible restructuring of his department at Land Securities, an inquest into his death heard this week.
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NewsPeak time for the Urals
The property market in Yekaterinburg, the largest city in the Urals region, may be reaching saturation point
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NewsMoscow moolah
The Russian capital continues to attract investment across the office, retail, industrial and leisure sectors. Maria Yurieva reports
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You know you want to, and now you can
There’s a saying in Russian: ‘I khochetsya, i koletsya’, which translates as ‘you want to, but you just can’t’
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Growing pains
Russian retail is still in its infancy, but a raft of new ‘mega schemes’ could signal the sector’s coming of age. Anastasia Anisiforova reports
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NewsPeter the great
Investment and development is increasing across all market sectors in St Petersburg. Anastasya Yasinskaya reports
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NewsNice little earners
Russia’s regional cities, for a long time off the investment and development radar, are now starting to gain in popularity. Alexander Argunov reports
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NewsHow to buy in Russia
Alexander Argunov looks at the state of property investment in Russia, and examines the different ways cross-border operators can get a foothold in the market
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NewsThe big country
Developers are scrambling to build large ‘integrated’ schemes in Russia’s main cities, but overseas investors remain wary of financing them.
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Merrill Lynch raises $2.65bn for Asian splash
Merrill Lynch has raised $2.65bn (£1.52bn) of equity to invest in Asian property.
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Rom tops £100m with UK shed deal
Robert Whitton and Daren Burney’s Rom Capital Group has taken its spending for the year to more than £100m with the £35m purchase of an industrial portfolio from RREEF.
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Cap & Reg agrees new covenant for Junction fund
Capital & Regional revealed today that it had agreed a deal with lenders to relax the loan-to-value covenant on its £962m Junction retail park fund.
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Taylor Wimpey close to securing new debt deal
Taylor Wimpey said today that its bankers had ‘indicated their intention’ to agree to replace its current covenants with revised terms ‘ which are more appropriate to the current market environment’.
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St Modwen sees market deteriorate
St Modwen Properties said that it is to cut costs and maintain cash to make sure it continues to operate within its covenants.
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NewsStanhope and Bovis Lend Lease annual Alliance Ball
The seventh annual Stanhope and Bovis Lend Lease ball raised in the region of £200,000 in aid of UNICEF on September 20.
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Regions hit by financial crisis as well as London
The turmoil in the financial markets has hit the property markets in regional cities like Bristol as well as in London, a report from DTZ has found.
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OnlineGordon Brown says only Labour can help Britain survive downturn
The prime minister has said that the Labour Party was a progressive party, with 'fairness in its DNA' and with the right policies to lead Britain through these difficult economic times.
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OnlinePetchey sells 28% Rugby stake to Laxey
Property entrepreneur Jack Petchey has sold a 28% stake in Rugby Estates to corporate raider Laxey Partners.
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Deka poaches Oppenheim MD
Deka has poached Marlene Raffault, managing director of the French subsidiary of fund manager Oppenheim, to be its head of real estate management in France.
