All Property Week articles in 15 December 2006
View all stories from this issue.
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REITs drive FTSE 100 to five-year high
The FTSE 100 reached its highest level in more than five and half years today as the new era of REITs began
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Eight new year honours for property
The property industry was well represented in the new year honours list with particular recognition for services to regeneration and sustainable development
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Israeli investor splashes £1bn on Marriott hotels
Israeli investor Igal Ahouvi has completed the purchase of a £1bn portfolio of Marriott hotels
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Treasury gets Battersea go-ahead
Real Estate Opportunities, the property group majority-owned by Dublin-based Treasury Holdings, is to complete the purchase of Battersea Power Station today
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Shares rise ahead of REIT conversion
Shares in the UK’s top property companies have significantly risen in value just days before REIT legislation takes effect
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Birch exits after £927m LandSecs deal
Land Securities chief executive Francis Salway paid tribute to chairman Peter Birch after it was confirmed this morning that he would step down from the position
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UK retailers outperform last year's footfall figures
Retailers in the UK are enticing more bargain hunters into their shops than they did last year, according to research announced today.
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Deutsche Land shares suspended after Frankfurt buy triggers AIM rule
Shares in Deutsche Land were suspended from AIM in advanced of a large acquisition in Germany
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Scotland ends year with trio of lettings
The Scottish letting market is to end the year on a high following a hat trick of deals across Edinburgh and Glasgow
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Rodamco Europe makes Russian debut
Rodamco Europe is to enter the Russian property market for the first time with the purchase of a 50% stake in one of Moscow’s biggest planned shopping centres
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Livingstone blocks plans to cut affordable homes in Hammersmith
Mayor of London Ken Livingstone has today rejected plans by Hammersmith and Fulham Council to cut the number of affordable rented homes at a development in the borough
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ING Lionbrook Property Fund buys IBM disaster recovery centre
ING Lionbrook Property Fund has purchased an IBM data centre and disaster recovery facility in Greenford, West London for £18.5m from Highcross
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Savills severs ties with Trammell Crow
Savills today confirmed that it had severed its ties with former US partner Trammell Crow following its takeover by rival CB Richard Ellis.
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Slough in Euro bonanza
Ian Coull's Slough Estates is to finish 2006 on a high note following the agreement of more than 758,000 sq ft (70,500 sq m) of pre-lets across its European portfolio.
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McCabe to take Teesland private
Kevin McCabe, chairman of Scarborough Properties, has made a £200m recommended cash offer to take Teesland private, it was announced this morning
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LandSecs to sell Newcastle leisure scheme for £72.5m
Land Securities is to sell its sole leisure asset to focus on retail for REIT conversion next year
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Green light for St Enoch upgrade
Glasgow City council has given the go ahead for the upgrade and extension to the St. Enoch centre in Glasgow city centre.
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Arlington launches €1.2bn fund
Arlington Securities has launched a €1.2bn (£800m) European logistics fund
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Westfield sells off 50% interest in Merry Hill
The Australian shopping centre owner has confirmed the sale of a 50% interest in its Merry Hill shopping centre in the West Midlands.
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Summit Germany spends €58.8m across 3 major cities
The AIM-listed German commercial property investment company, has bought five mixed-use properties for a total E58.8m (£39.4m).