18 May 2012

Property Week

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€7.6bn fund to liquidate

22 May 2012

Credit Suisse’s €7.6bn CS Euroreal fund failed to meet investor redemptions yesterday and will be closed down over the next five years.
€7.6bn German fund to liquidate

22 May 2012

Credit Suisse’s €7.6bn CS Euroreal fund failed to meet investor redemptions yesterday and will be closed down over the next five years.
Administrators confirm 44 Clinton and Birthdays closures

23 May 2012

The administrators to Clinton Cards have today confirmed the closure of 25 Birthdays and 19 Clinton Cards stores.
AEW to target Thames Valley offices with £500m fund

18 May 2012

Fund manager to buy secondary assets in Western Corridor for refurbishment
Arcadia heads to Swansea retail park

24 May 2012

The Crown Estate has secured Arcadia’s Outfit concept as its first new letting at Morfa Shopping Park in Swansea, south Wales.
Asos signs deal for Emap HQ

17 May 2012

Asos has today signed a deal to take Emap’s 100,000 sq ft headquarters at Greater London House, more than doubling the space it currently occupies in the building.
Axa extends on Oxford Street

18 May 2012

Axa Real Estate has been granted planning permission for a £40m retail-led scheme on London’s Oxford Street.
Bakewell takes chair at Aston Rose

18 May 2012

Simon Bakewell has been appointed as non-executive chairman of Aston Rose.
Balding shows some spunk at Resi Awards dinner

18 May 2012

Horse racer-turned-likeable sports presenter Clare Balding was overflowing with Olympic excitement over dinner on Tuesday.
Banks are not blameless in valuation disputes

18 May 2012

Sir, I read Peter Sudell’s article “In valuation disputes, it’s the client’s fault as much as the valuers” with interest (professional opinion, 27.04.12).
BCO 2012: Barclays - banks can't fill the property funding gap.

24 May 2012

Banks alone will not be able to fill the current property funding gap admitted Gregor Bamert, UK head of real estate at Barclays Corporate at the BCO Conference this afternoon.
BCO 2012: Parris says London 'too successful'

24 May 2012

Times columnist and former MP Matthew Parris set the cat among the pigeons at Manchester’s British Council for Offices conference today by saying London is ‘too successful’.
BCO 2012: Sir Howard Bernstein - Coalition growth strategy beginning to work.

24 May 2012

Sir Howard Bernstein, chief executive of Manchester City Council, this morning opened the British Council of Offices annual conference by praising the coalition government’s approach to growth.
BCO 2012: Supply/demand mismatch may stunt UK growth

24 May 2012

A new report out today from Centre for Cities and the British Council for Offices shows a disparity between where offices are needed in the UK and where they are being built.
Blackstone buys Accor's $1.9bn US Economy Hotels Division

22 May 2012

Accor has agreed today to sell its United States Economy Hotels Division to an affiliate of Blackstone Real Estate Partners VII, for $1.9bn.
Board of playing catch-up

18 May 2012

A panel of top women in property discussed how it is time to bring gender balance to the boardroom. Hardeep Sandher reports
Boardrooms are not playing the percentage game

18 May 2012

Recently I was looking at the 30% Club website. The club was established by a group of chairmen committed to bringing more women on to UK boards, giving their support for the 30% goal, although not as a call for a quota.
Boultbee Corinthian JV to bolster homes in the south east

18 May 2012

Developer Boultbee has formed a joint venture with Hampshire-based Corinthian Homes to build 9 homes on a site in Carshalton Beeches.
British Land posts 4.9% NAV rise

21 May 2012

British Land posted a 4.9% rise in net asset value this morning to 595p per share for the year, broadly in line with analyst expectations.
British Land posts NAV rise

21 May 2012

British Land posted a 4.9% rise in net asset value this morning to 595p per share for the year, broadly in line with analyst expectations.
Burberry to grow stores as sales and profits jump 24%

23 May 2012

Burberry has reported a 24% leap in total revenue to £1.9bn and plans to open 15 stores in the next year.
Canada’s Realstar scores in Chelsea with third block

18 May 2012

Purchase for private-rented venture follows two in Hackney and Wandsworth. Emma Haslett reports
Canary plans South Bank flats

21 May 2012

Qatari Diar and Canary Wharf Group are planning around 800 homes at their planned redevelopment of London’s Shell Centre, and are consulting the local community on the possibility of a 37 storey residential tower.
CBRE appointed to sell Oxford Street receivership block

23 May 2012

Receivers to an island block opposite Selfridges, owned by David Pearl and his Middle Eastern partners, have appointed CBRE to sell the asset.
Central Bank makes concrete office plan

18 May 2012

Institution said to be paying NAMA €8m for Anglo Irish headquarters. Christine Eade reports
City of London: unpredictable

18 May 2012

The City of London provides the most unclear picture of all in terms of development activity.
Clapham books in new library

18 May 2012

Developers Cathedral Group and United House have completed the redevelopment of a former council building on Clapham High Street, south-west London, into a new public library.
Clarges Estate deal falls through

24 May 2012

One of Mayfair’s largest development opportunities is to be remarketed for £150-200m, after plans to sell it to Chelsfield Partners officially fell through today.
Coast takes on Clinton store

18 May 2012

Fashion retailer Coast plans to trial a larger-format store after signing up for a flagship shop on London’s Oxford Street.
Conygar increases NAV by 3.1%

22 May 2012

Conygar Investment has increased its net asset value per share by 3.1% to 159p despite difficult market conditions outside London.
Corestate sells German portfolio for more than €100m

22 May 2012

Corestate Capital has sold a portfolio of German properties to two separate buyers for more than €100m.
Cost of running government estate slashed

23 May 2012

The cost of running the central government estate was slashed by £278m in 2010/11, the Cabinet Office minister announced this morning.
Crunch time for United House and Allied London on Chrisp Street

18 May 2012

Partnership picked to develop £100m residential and retail regeneration scheme in East End of London
Debt-bound banks: better to give than to receive

18 May 2012

Property Week was among the loudest voices speaking out against soaring bank lending to real estate in the mid-2000s.
Deutsche Bank restricts sell-off to RREEF

18 May 2012

The world’s second-largest property fund could still be sold, despite a wider business sale by its parent, Deutsche Bank, falling through last week.
Developers in Dubai have revealed plans for the world's first underwater hotel.

18 May 2012

Developers in Dubai have revealed plans for the world’s first underwater hotel.
Disappointing NewBuy numbers revealed

15 May 2012

Two months after its launch, there have been just five completions under the government’s NewBuy scheme, according to research by investment bank Canaccord Genuity.
Draco tests liking for Facebook HQ

18 May 2012

Facebook’s London headquarters has been put up for sale for more than £65m, reflecting a yield of 5.25%.
Exercise caution, but don’t risk missing out on opportunities

18 May 2012

Mitigation of risk is perhaps the overriding factor driving the property market.
Farmer reaps resi reward

18 May 2012

That much-told Irish property crisis joke, “development land for sale with agricultural potential”, has come true.
Gazeley buys LandSecs out of Magna Park

22 May 2012

Gazeley has completed its acquisition of a 50% stake in the Magna Park industrial park in Milton Keynes from its joint venture partner Land Securities, as revealed by Property Week last month.
German bank pulls out of UK property lending

24 May 2012

A German bank has become the latest lender to pull out of the UK property sector, PropertyWeek.com can reveal.
Great Portland enjoys bumper financial year

23 May 2012

Great Portland Estates enjoyed a bumper 2011, generating net asset value growth of 11.9 %.
GVA nabs two retail investment agents from Capital Retail

23 May 2012

GVA has recruited two new retail investment directors from Capital Retail to strengthen its existing team.
Hammerson appoints Sainsbury's Burr as non-exec director

21 May 2012

Hammerson has appointed Sainsbury’s Gwyn Burr as a non-executive director.
Hammerson gets Croydon Centrale consent

18 May 2012

Hammerson last night secured planning consent for its £50m extension of the Centrale Shopping Centre in Croydon.
Hammerson rejigs retail team

22 May 2012

Hammerson has rejigged its retail team as it prepares to focus purely on retail property in the future.
HBO starts cameras rolling again at Titanic Quarter

18 May 2012

Game of Thrones maker returns to scheme to make third series. Christine Eade reports
Healthcare giant prepares for £2bn debt workout

24 May 2012

Britain’s biggest private hospital owner and its lenders have appointed advisers to try to tackle its huge property debt mountain, PropertyWeek.com can reveal.
Hearthstone wins thumbs-up for Britain’s first resi PAIF

18 May 2012

Hearthstone Investments has received Financial Services Authority (FSA) approval for the UK’s first residential property authorised investment fund.
Hedge funds and private equity look to property for distress

21 May 2012

Private equity firms are looking to step up their purchases of distressed property loan portfolios this year according to a new report from PWC – but want a bigger discount for their troubles.
Henderson to launch two lending funds

22 May 2012

Henderson Global Investors is planning to launch its debut funds to lend to the property market.
Hercules fund signs £350m loan agreement

21 May 2012

Retail park fund the Hercules Unit Trust has signed a new £350m five year loan facility.
Heron frozen out as tenant gives no ground

18 May 2012

The message: A landlord must be competent to oppose statutory lease renewals.
Hotel's new digs

18 May 2012

A hotel operator is close to buying Belfast Metropolitan College in the city centre.
Hotter Shoes steps up pace of expansion

18 May 2012

Lancashire-based shoe company Hotter Shoes plans to expand its store portfolio by 35 sites by the end of 2013.
HSBC sells New York branch portfolio

21 May 2012

HSBC has completed the sale of a portfolio of Upstate New York branches for $900m.
I dare you to step back on the British high street

18 May 2012

When will it be safe to go back into the high street?
In for a penny at Battersea

18 May 2012

Received wisdom dicatates that Battersea Power Station’s buyer will need so-called deep pockets, no to mention serious development clout
International joint venture to invest $500m in Chinese outlet malls

21 May 2012

An international retail joint venture has been formed to invest $500m in Chinese designer outlet centres.
Internos to buy Invista

24 May 2012

The two year process to wind-up Invista Real Estate Investment Management is close to ending with the announcement today that Jos Short’s Internos has made a recommended offer for the fund management business.
Investors circle Gazeley

18 May 2012

Buyers pore over details of UK developer’s £300m of assets before deadline for bids closes at end of month
It’s business as usual, in or out of the limelight

18 May 2012

I’ve become used to seeing my picture in the papers over the last 10 years or so, and it’s neither bothered me nor excited me much because it has all been factual, pretty accurate and, for the most part, favourable.
Knight Frank poaches Savills director

23 May 2012

Knight Frank has poached Savills’ director of UK leisure and retail investment in advance of the launch of a leisure and out-of-town retail team.
Knight Frank poaches top Savills leisure agent to launch new team

23 May 2012

Knight Frank has poached Savills’ director of UK leisure and retail investment as it prepares to launch a new leisure and out-of-town retail team.
Knightsbridge barracks prepared for £300m+ sale

18 May 2012

The Ministry of Defence is preparing to offload Hyde Park Barracks - a much sought after development opportunity on Hyde Park, PropertyWeek.com can reveal.
Laura Ashley House, Shipley acquired

23 May 2012

Real Estate Investment Partnerships and Hardy Mill Property LLP have acquired Laura Ashley Housein Shipley, West Yorkshire.
Lenders appoint adviser to start €460m Irish loan workout

21 May 2012

The lenders to one of Ireland’s biggest property companies has brought in advisers to kickstart a €460m distressed loan workout, which will also have a big effect on NAMA.
Lloyds checks out of £500m hotels group

24 May 2012

Conference hotel owner Principal Hayley is latest disposal from HBOS legacy
Lloyds launches second giant loan portfolio sale

23 May 2012

Lloyds Banking Group has launched the sale of a second giant portfolio of UK property loans, propertyweek.com can reveal.
Local Shopping REIT suffers NAV drop

24 May 2012

Local Shopping REIT, the investor in urban and suburban shops, suffered an NAV decline of 7.9% in the first half of its financial year in a sign of the continued economic woes of the UK retail sector.
London pipeline picks up pace despite double dip

18 May 2012

Drivers Jonas Deloitte Crane Survey shows signs of improvement. Mike Phillips reports
Lone Star hopes to square Birmingham Cube for £40m

18 May 2012

Project Royal asset that has been in administration for two years to be put up for sale in summer
LXB Retail increases NAV by 3%

22 May 2012

LXB Retail has increased its EPRA NAV by 3% to 111.6p following significant pre-lets to Marks & Spencer and planning consents at Gloucester, Stafford and Banbury.
M&S cuts UK store investment by £200m

22 May 2012

Marks & Spencer has cut the amount it plans to invest in its UK store portfolio by £200m over the remaining two years of the investment plan.
Macmillan starts a new chapter at Kings Cross

22 May 2012

Henderson Global Investors and Istithmar P&O Estates have let the final phase of their Regent Quarter Development in London’s King’s Cross.
Managing agents prepare for power struggle

18 May 2012

Industry reacts over utilities firms’ excessive payment demands. Sarah Townsend reports
MASH to open at Crown Estate's Quadrant 3 scheme

21 May 2012

MASH, the Modern American Steak House, has signed to open a restaurant at the Crown Estate’s £300m Quadrant 3 development which fronts on to Brewer Street.
McQueen’s tailor made for Savile Row

18 May 2012

Alexander McQueen has signed a lease to open a flagship store at 9 Savile Row in London’s West End.
Midtown, south bank, King’s Cross and Docklands: sharp contrast

18 May 2012

Midtown was the only market in central London that suffered a decline in construction activity during the period.
Midweek Bulletin: Quintain - the end of the Wyatt era

24 May 2012

With the departure of Adrian Wyatt as chief executive of Quintain, Property Week’s James Whitmore and Mike Phillips reflect on the legendary bon viveur’s 20 years at the helm.
Milton Keynes council waits in the wings

18 May 2012

Quango poised to sell more than 1,700 acres of development land. Sarah Townsend reports
Mortgage lending slumps by £2bn

21 May 2012

Mortgage lending fell by more than £2bn last month, the Council of Mortgage Lenders said today.
Mothercare confirms store closures as UK sales drop 4.6%

24 May 2012

Mothercare has confirmed plans to shut 111 UK stores by 2015, after a poor UK performance hit profits last year.
NAMA to pump €2bn into projects

23 May 2012

Ireland’s National Asset Management Agency is to invest €2bn to bring forward Irish schemes, “in anticipation of future supply shortages in some market segments” and because its Irish assets have more potential than previously thought.
National Grid switches on to asset management

18 May 2012

Energy operator splits portfolio to maximise value from 2,400 acres of surplus sites. Rachel Hunter reports
Need to know: Athlone Euro-Chinese ‘trading hub’

18 May 2012

What is it?
Need to know: East Village

18 May 2012

Delancey and Qatari Diar’s East Village E20 (pictured) will be the first “legacy neighbourhood” to come out of this summer’s Olympic Games.
Need to know: RICS retail lease consultation

18 May 2012

This week, the RICS concludes a consultation on a new template for retail leases.
Nick Leslau's Max Property loan boosts spending power

22 May 2012

Max Property Group has arranged a £32m loan, taking its war chest to around £90m of uncommitted cash and is on the lookout for new deals.
Noel in bullish mood after LandSecs’ 4.5% NAV rise

18 May 2012

New chief executive “having bloody good fun” as London office and retail portfolios outperform
Noel Smyth’s UK portfolio in receivership

18 May 2012

The UK portfolio of Irish investor Noel Smyth was put into receivership on Wednesday, in one of the largest property insolvencies this year.
Occupancy up but Big Yellow hit by tax change

22 May 2012

Listed self storage REIT Big Yellow today revealed a strong rise in the occupancy of its portfolio – but has seen 6% wiped from the value of its assets because of a change in VAT rules.
OpCapita talks to get shops back in Game

18 May 2012

OpCapita, which bought struggling retailer Game out of administration, is starting to sign leases with landlords with an average rental discount of 25%.
Out-of-town Essex is only way for Aquila

18 May 2012

Aquila Developments has been given a resolution to grant detailed planning consent for the £20m Causeway, a 70,000 sq ft out-of-town retail scheme in Maldon, Essex.
Oxfordshire business park plans revealed

21 May 2012

Plans for an £80m business park in Oxfordshire have been announced.
Partridge flies the Cordea Savills nest

18 May 2012

John Partridge has resigned from his role as executive chairman of Cordea Savills.
Patisserie Valerie enters Scotland

18 May 2012

Patisserie Valerie has signed to open its first stores in Scotland, as it continues to expand its portfolio.
PayPal cashes in at Xerox’s Dundalk park

18 May 2012

PayPal, the Ebay-owned online payment service, is fitting out the 50,000 sq ft former Xerox Technology Park at Dundalk, near the border with Northern Ireland, to be its European operations centre, which will open in July.
Peddling bikes to Africa

18 May 2012

After selling out to King Sturge, then taking six months’ garden leave when it merged with Jones Lang LaSalle, Hanrahan Deane co-founder Nick Deane is doing more than a spot of weeding.
People Moves: 18 May

18 May 2012

Roger Bright the former chief executive of the Crown Estate for 10 years, has joined community engagement and consultation specialist Curtin & Co
People Moves: Savills, Forsters, Assura, Corestate and more...

18 May 2012

CBRE has set up a northern petroleum and automotive team, which will be part of a 30-strong group in the global corporate services division.
Pharmaceuticals giant begins search for Thames Valley HQ

18 May 2012

Healthcare and pharmaceutical company Allergan is hunting for a new headquarters in the Thames Valley, PropertyWeek.com can reveal.
PHP seeks shot in the arm with £19m rights issue

18 May 2012

Health property group Primary Health Properties has made a £19m rights issue following its negotiation of a £75m seven year fixed-rate loan from Aviva last year.
Pinnacle debt project frozen

18 May 2012

HSBC stops practical work on finding funding
Pinsent Masons and McGrigors merger saves lonely Soloist

18 May 2012

This month’s takeover by international law firm Pinsent Masons of Scottish and Ulster firm McGrigors could mean salvation for Belfast’s speculative office market.
Plaza sells off US assets

18 May 2012

Developer Plaza Centers has sold off its two remaining US shopping centres, it announced today.
Podcast: Henderson eyes secondary retail

25 May 2012

Mike Sales, managing director of global property at Henderson Global Investors joined LBC’s James Max in the Property Week podcast studio this month to discuss funds, Europe and why he likes secondary retail.
Posh occupiers flock to low-rate Arthur Street

18 May 2012

Arthur Street is Belfast’s newest chic shopping street. Yet there is no landlords’ sprucing-up initiative. Arthur Street’s success is based partly on low business rates, which have not been revised for more than decade.
Praxis makes mark in mall market

18 May 2012

Isle of Man property company Praxis has placed under offer Crossgates Shopping Centre in Leeds, as it seeks to increase its shopping centre exposure.
Private equity firm snaps up former Blackrock MD

23 May 2012

Private equity property company Henley Investments has snapped up the former head of investments at Blackrock’s £2bn UK Real Estate Fund.
Property Week Digital Edition - 18 May 2012

18 May 2012
Property Week Digital Edition - 25 May 2012

25 May 2012
Property Week's RESI Awards 2012

23 May 2012

Over 500 property professionals turned out to Property Week’s RESI Awards 2012 at the Intercontinental Park Lane hotel in London
Property's debt mountain reduces but £73bn of loans can't be refinanced

18 May 2012

This year’s De Montfort property lending survey paints a bleak picture of an industry struggling to shake off the shackles of debt. Mike Phillips reports
Public procurement needs "radical reform", says RIBA

24 May 2012

European public procurement rules must be radically reformed to give a much-needed boost to the UK construction industry, a report has urged.
Quintain and Wellcome secure Shoreditch finance

23 May 2012

Quintain and the Wellcome Trust have secured a £70m financing for their iQ Shoreditch student accommodation scheme.
Receivers appointed in Oxford Street

18 May 2012

Receivers have been appointed to a highly contested £75m block at 431/451 Oxford Street owned by a joint venture between David Pearl’s Structadene and a private Middle Eastern investor.
Redefine wins Harrow consent

17 May 2012

Investor Redefine International received planning consent last night from Harrow Borough Council for a residential-led, mixed use scheme in Harrow town centre.
Redemption D-day for second German open-ended fund

18 May 2012

When frozen €6bn Credit Suisse fund opens for one day, investor withdrawals could lead to its liquidation
Rent reform weathers storm as US fund invests in Dublin

18 May 2012

One Warrington Place buy shows new rules have not destroyed market. Christine Eade reports
Rent reform weathers storm as US fund invests in Dublin

18 May 2012

One Warrington Place buy shows new rules have not destroyed market. Christine Eade reports
Research expert Blake to join CBRE

18 May 2012

CBRE has appointed Neil Blake as head of Europe, Middle East and Africa (EMEA) and UK research.
RESI Awards: The 2012 winners

18 May 2012

Property Week celebrates the best in the world of residential real estate
Retail trompe l'oeil

18 May 2012

“Shopjacket” has been entered as a new word in the Cambridge Dictionary to describe a fake frontage to a vacant store that makes it look like a functioning shop.
Reubens back Battersea bid

18 May 2012

Brothers to invest £50m with Godfrey Bradman to buy site
Revealed: full details of Robert Tchenguiz and SFO High Court row

23 May 2012

The legal battle between the Tchenguiz brothers and the Serious Fraud Office was laid bare yesterday afternoon.
Robert Tchenguiz takes turn to criticise SFO

23 May 2012

The judicial review into events surrounding the arrests of the Tchenguiz brothers heard fresh criticism of the Serious Fraud office this morning, with Robert Tchenguiz’s legal team taking its turn to slam the agency.
Rockspring makes €77m Swedish acqusitions

18 May 2012

Rockspring has acquired six retail assets in Sweden from Redevco for €77m.
Rossopomodoro signs fifth UK site

18 May 2012

Italian restaurant chain Rossopomodoro has secured its fifth UK location on Rufus Street, near London’s Hoxton Square.
Russian spends €22m on Dublin hotel

18 May 2012

Yelena Baturina buys the Morrison from NAMA for chain. Christine Eade reports
Sales soar at Young's after brewery arm disposal

24 May 2012

Pub group Young’s unveiled a 25.5% rise in revenue to £179m this morning, while adjusted profit before tax also shot up 17.4% to £21m.
Savills appointed to sell Liverpool shopping centre

18 May 2012

Savills has been appointed to sell the Metquarter in Liverpool on behalf of the Irish Bank Resolution Corporation.
Savills hires DTZ director

23 May 2012

Savills has appointed a director from DTZ’s retail investment team to lead its industrial investment team in London.
Segro sells £205m portfolio to Harbert Management Corporation

21 May 2012

Segro has exchanged conditional contracts to sell four non-core industrial estates for £204.5m to a fund advised by Harbert Management Corporation, as tipped by Property Week in January
Sense and sustainability

18 May 2012

As part of Property Week’s Site Life campaign to resurrect property projects that stalled during the downturn, several social initiatives in the Capital are coming to fruition. Lee Mallett reports on the events held as part of the Meanwhile London project, ready to contribute to the Olympic festivities in the east of the capital.
Seven wins consent for Shoreditch hotel

17 May 2012

Leisure investor Seven Capital has secured planning permission for a 125-bed hotel in Shoreditch, east London.
SFO to review Tchenguiz case after damning day in court

22 May 2012

The Serious Fraud Office is to conduct an ‘urgent review’ of its investigation concerning Vincent Tchenguiz after it emerged in court that the department has admitted to making further mistakes.
SFO to review Tchenguiz case after day in court

22 May 2012

The Serious Fraud Office is to conduct an ‘urgent review’ of its investigation concerning Vincent Tchenguiz after it emerged in court that the department has admitted to making further mistakes.
Shaftesbury continues to impress with solid first-half figures

23 May 2012

Shaftesbury this morning posted another good set of financial results, showing London’s West End is still a ‘different world’.
Shropshire hopes to get one over with “nil-CIL”

18 May 2012

A planning application has been submitted for one of the first schemes to take advantage of Shropshire Council’s “nil-CIL” rate for commercial development.
Small investors could hold key to high street renaissance

18 May 2012

The high street may be suffering at the hands of insolvencies and the internet, but the value of shops sold at retail auction was up by 1% in the first quarter, IPD’s new research shows.
Spain’s banks take €30bn pain as it plots ‘NAMA’ rescue

18 May 2012

Government attempts to reassure international investors by ordering more property loan writedowns
Sports Direct model is win-win for shoppers and retailers

18 May 2012

As one retailer after another disappoints the stock market in the current reporting season, some observers have tried to use the “w” word to justify the sector’s malaise.
St Ermin’s on block at £150m

18 May 2012

The four-star St Ermin’s Hotel in Westminster has been put up for sale for around £150m after a refurbishment and extension.
Stanhope terminates Stevenage regeneration scheme

24 May 2012

Stanhope and ING Real Estate have pulled out of their agreement with Stevenage Borough Council for a £250m regeneration project in Stevenage town centre.
Supercar dealer parks at the Bullring

23 May 2012

Supercar dealership, The Torque Project, has chosen Birmingham’s Bullring Shopping Centre as the location for its Midlands showroom, TheBusinessDesk.com reported today.
The Property lexicon

18 May 2012

Paddygarchs /pædIga:s]Origin: Irish. Adopted after an influx of high net worth Russians (“oligarchs”), whose wealth is linked to political connections forged following the collapse of the former Soviet Union. Refers to new flood of migrants to London from Ireland, who are more likely to declare themselves bankrupt than buy a football team or an expensive apartment. Most arrive because bankrupt individuals are only barred from directorship for one year ...
The word … on resi funds

18 May 2012

A report published earlier this month by the Communities and Local Government Committee, Financing of New Housing Supply, called for the government to do more to encourage institutional investment into rented housing. How can it get money flowing into the sector?
Top Right takes air at Regent Street

18 May 2012

Media group Top Right is in talks to take around 30,000 sq ft at a high-end location in London’s West End.
Training company seeks Manc office

18 May 2012

Rapidly expanding education group BPP Professional Education is seeking a new Manchester campus.
Valuation losses hit Quintain results

24 May 2012

Valuation losses contributed to a net asset value decline of 7.6% at Quintain last year, caused by falls on its secondary property and its Wembley estate.
VAT will kill historic assets

18 May 2012

Sir, I write to state our opposition to the government’s decision to remove the zero rate of VAT on alterations to historic buildings (news, 05.04.12)
Vendor surveys are a false economy, so get it right on the night

18 May 2012

Vendor surveys are now a common feature of commercial property transactions.
West End: still in demand

18 May 2012

As always, developers have been keen to build in London’s ever-profitable West End, leading Drivers Jonas Deloitte to ask whether there is beginning to be an oversupply of new space.
Westfield first off mark with Whitgift retail mammoth

18 May 2012

Developer unveils Croydon plans as rival Hammerson receives decision on Centrale
Westminster to wheel out Hub across borough

18 May 2012

City of Westminster Council plans to create 50,000 sq ft of space for small businesses in central London over the next two years by investing in underused property.
Westrock and Quora's supermarket sweep

18 May 2012

Property investment company Westrock last month formed a joint venture with retail developer Quora to develop £150m of supermarket space across the UK.
Widows enlists Cap & Reg in Edgware

18 May 2012

Capital & Regional is being lined up by Scottish Widows Investment Partnership to asset manage and extend the Broadwalk shopping centre in Edgware, north-west London.
Widows wins Lloyds orphans

18 May 2012

Pioneering tie-up as UK’s property debt mountain still at £212bn
Widows wins Lloyds orphans: pioneeering debt tie-up

18 May 2012

Pioneering tie-up as UK’s property debt mountain still at £212bn
Wyatt steps down at Quintain

24 May 2012

Adrian Wyatt, founder of regeneration developer Quintain, is stepping down as chief executive.
Wyatt steps down at Quintain

24 May 2012

Adrian Wyatt, founder of regeneration developer Quintain, is stepping down as chief executive.
Yorkshire site debut for Yorvale joint venture

21 May 2012

Leeds-based property firm Yorvale has acquired its first development site under a joint venture with Maple Grove Developments, TheBusinessDesk.com reported today.