27 July 2012

Property Week

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Spade of new lettings at Westfield London

27 July 2012

Westfield London has signed five new retailers.
Union buys giant Polish shopping centre

27 July 2012

Union Investment has bought the 980,000 sq ft Manufaktura shopping centre in Lódz, Poland.
‘Peeled’ bids, buy-to-let seminars and confident cabbies spell bubble trouble

27 July 2012

Sealed bids becoming “peeled bids”, the return of buy-to-let seminars and cabbies doling out property investment advice — London’s housing market in the first few months of this year sounded as hot as it had been for years.
£300m Broadgate West sold

27 July 2012

Broadgate West has been sold in one of the largest City investment deals of the year.
1960s Olympics site was squalid and smelly

27 July 2012

Sir, My agency career, which commenced in the early 1960s, included many visits to 22 Marshgate Lane, Stratford — a site that today would be in or very close to the Olympics athletics stadium (Property Week International).
40,000 sq ft leased in Edinburgh

30 July 2012

A public sector occupier has taken almost 40,000 sq ft of office space at the Westport 102 office scheme in Edinburgh’s Exchange District.
A gourmand’s guide to hunting for some Great British assets

27 July 2012

The search by fund managers for attractive investment opportunities in a market full of doom and gloom and low economic growth is not an easy one. A reasonable analogy, perhaps, is truffle hunting. Some value is out there, but you have got to dig around to unearth it.
A smart revolution

27 July 2012

A new movement that combines technology and property is sweeping the global development scene. Sarah Townsend investigates
Al Gore's firm breathes easy at Air W1

27 July 2012

Property Week was granted a first look around Generation Investment Management’s new office on the top floor of the Crown Estate’s Air W1, after the company moved in last month.
At last, property owners can speak out against telecoms troubles

27 July 2012

It is “one of the least coherent pieces of legislation on the statute book”, said Lord Justice Lewison in a 2010 judgment. Few would disagree.
Banks and Blackstone push £210m Warner sale

31 July 2012

The banks and private equity fund currently supporting listed property company Warner Estate are pushing for the company to sell £210m of assets to reduce its debt, ahead of a change of strategy.
Barclays debacle exposes banks’ gambles and greed

27 July 2012

Banks are just like water companies. If they block the money pipes to every business and household, or pollute the reservoirs, the economy chokes and dies.
Barclays in £52m Aberdeen financing deal

30 July 2012

Drum Property Group has secured development finance from a major UK bank for the 350,000 sq Aberdeen business park that it is currently “forward selling” to F&C REIT.
Barratt in sale-and-leaseback plan for show homes

30 July 2012

Barratt Developments is to carry out a sale-and-leaseback of £22.5m of show homes to the TH Hearthstone UK Residential Property Fund.
Battersea plans score

27 July 2012

Sir,The Almacantar/Abramovich scheme appears to be more rounded and capable of being realised (news, 22.06.12).
Benson Elliot halves Berlin resi blocks

27 July 2012

Benson Elliot Capital Management has sold half of the German Silvertower residential portfolio to Akelius Berlin, the German subsidiary of Sweden-based Akelius Fastigheter.
Blackstone rolls up $1.5bn of global sheds

27 July 2012

Private equity firm buys in US, UK and France, where new chairman will lead push
BNP Paribas: Berlin Office Market Report H2 2012

30 July 2012

With take-up of 2.6m sq ft in H2 the Berlin office market achieved an outstandingly good result, according to a report by BNP Paribas Real Estate.
BNP Paribas: Central London Office Market Q2 2012

30 July 2012

The remainder of 2012 will continue to be characterised by a shortage of grade A supply, which is likely to stimulate more pre-let activity, a report by BNP Paribas says.
British Land buys half-share of Eden

31 July 2012

British Land has purchased a 50% stake in Eden Walk shopping centre in Kingston-upon-Thames, as tipped by Property Week (08.06.12).
British Land buys in Mayfair

27 July 2012

British Land on Wednesday confirmed its purchase of Clarges House in London’s Piccadilly for £129.6m.
Brothers & Sisters off to Clerkenwell

27 July 2012

Advertising agency Brothers & Sisters is to move to Clerkenwell from Great Pulteney Street in Soho.
Canadian’s club of Centro banks

27 July 2012

Eddie Healey’s Stadium Group and Canada Pension Plan Investment Board have completed a €650m refinancing of one of Europe’s biggest retail and leisure schemes — the Centro shopping centre in Oberhausen, Germany.
Canary Wharf Group appoints Tech City chief executive

27 July 2012

Canary Wharf Group has appointed Tech City Investment Organisation chief executive Eric Van Der Kleij as a specialist adviser.
Candy hires Sugar Quay “starchitect”

1 August 2012

Christian Candy has hired one of the UK’s best-known architects for the redevelopment of Sugar Quay near London’s Tower Bridge.
CapCo deal to complete “in coming months”

31 July 2012

A joint venture between Capital & Counties to develop part of its huge Earls Court residential scheme is set to complete in the near future, in spite of the legal investigation into its Hong Kong funding partners.
CapCo deal with Kwoks to complete “in coming months”

31 July 2012

A joint venture between Capital & Counties to develop part of its huge Earls Court residential scheme is set to complete in the near future, in spite of the legal investigation into its Hong Kong funding partners.
Carey muses on life after Berkeley

27 July 2012

Tony Carey does not, he insists, bear a grudge against his old boss, Tony Pidgley, despite a less-than-amicable departure from his job as a director at Berkeley two years ago after a dispute over strategy.
CBRE and Jones Lang LaSalle continue to motor ahead of rest

27 July 2012

Top two firms transact more then £8bn in first half; London accounts for 58% of activity
CBRE appoints new head of Aberdeen

2 August 2012

CBRE has appointed a new head of its Aberdeen office.
CBRE appoints new head of Aberdeen

2 August 2012

CBRE has appointed a new head of its Aberdeen office.
CBRE posts income growth but Europe lags

1 August 2012

CBRE this evening posted income and revenue growth on a global basis for the second quarter of 2012 – but Europe saw operating income drop.
CBRE posts income growth but Europe lags

31 July 2012

CBRE this evening posted income and revenue growth on a global basis for the second quarter of 2012 – but Europe saw operating income drop.
CBRE: German Retail Investment H1 2012

1 August 2012

The investment market for commercial properties in Germany registered an investment volume of around €9.4bn in the first half of 2012, a decline by 15% year-on-year.
CBRE: Market View Dublin Industrial - Q2 2012

27 July 2012

There was a surge of industrial transactions completed in Dublin during Q2 2012, with take-up in the three month period more than double that achieved in the first quarter of the year
CBRE’s industrial action in Aberdeen

27 July 2012

CBRE Global Investors has bought Wellheads Industrial Estate in Aberdeen from F&C Reit Asset Management, as investor appetite for the oil-rich economy continues.
CeGeREALcompletes €400 million refinancing

27 July 2012

CeGeReal, the French property company, has completed a €400m refinancing facilitated by four German banks.
Chaldean hopes to hook tenants for Great Yarmouth development

27 July 2012

The first building is set to be completed next week at Chaldean Properties’ 5.85 acre development site in Great Yarmouth.
Champagne and hotdog restaurant to open in London

1 August 2012

A new restaurant concept Bubbledogs, which will offer champagne and hotdogs, has signed to open its first site at 70 Charlotte Street in London.
City slicker on RIBA shortlist

27 July 2012

Rothschild’s headquarters building in the City of London has been shortlisted for the 2012 RIBA Stirling Prize.
Columbus’s Liverpool voyage

27 July 2012

Columbus Capital is poised to buy the Metquarter shopping centre (pictured) in Liverpool for less than a quarter of the price it was bought for at the height of the market.
Councils use criminal law to bring rogue landlord to book

27 July 2012

Harrow and Brent pursue costs from man who squeezed 28 flats into four houses. Sarah Townsend reports
Councils use criminal law to bring rogue landlord to book

27 July 2012

Harrow and Brent pursue costs from man who squeezed 28 flats into four houses. Sarah Townsend reports
Court rules against Spicerhaart's use of 'Fine' brand

31 July 2012

The owners of upmarket residential estate agency Fine & Country have won a High Court battle to prevent its rival the Spicerhaart Group from using the ‘Fine’ brand for one of its businesses..
DB Schenker coming up with the goods at Rossington

27 July 2012

Favourite emerges in tender for operator of Helios Europe’s inland port. Rachel Hunter reports
Developer chosen for huge student accommodation project

27 July 2012

The University of Hertfordshire has chosen a preferred developer for its 3,000 bed student accommodation scheme.
DFS’s small trial starts in Stirling

27 July 2012

Furniture retailer DFS is to pilot smaller-format stores as it continues to expand and tries to access new markets.
Don’t let legal side of distressed loan sales cause you undue distress

27 July 2012

We are beginning to see more activity in the distressed loan sector, as investors increasingly look towards banks with underperforming loan portfolios for investment opportunities.
DTZ: Investment Market Update - Europe - Q2 2012

27 July 2012

Increasing inter-regional capital flows
Dunedin makes Manchester splash

2 August 2012

Dunedin Property has secured US backing to buy two Manchester blocks from CBRE Global Investors for around £23m – half the price that the fund manager paid for them in 2005.
Ethel Austin bought by businessman Basso

30 July 2012

The troubled high street fashion brand, Ethel Austin and 32 of its shops have been bought by businessman Mike Basso and one of the suppliers to the retailer, just over a week after plunging into administration for the fourth time.
Europe’s first “social ping pong” club to open in Holborn

2 August 2012

One of the entrepreneurs behind London’s popular All Star Lanes franchise is to open a £2.5m club offering table tennis, cocktails and pizza at a building in Holborn.
Freightnet let leaves one unit left at X2

27 July 2012

Segro has let a second unit to cargo handling company Freightnet at X2, leaving just one unit vacant at the double-decker shed by Heathrow airport.
GM Real Estate raids global giants

1 August 2012

CBRE’s Dan Roberts and Jones Lang LaSalle’s Sam Boreham, two of the City’s best known leasing agents, are to join the partnership of GM Real Estate at the end of this year to lead the leasing side of GM’s business, propertyweek.com can reveal.
Great Portland seeks 100 Bishopsgate exit

27 July 2012

Brookfield negotiates to buy stake as REIT’s portfolio value rises 3.1% in three months
Great Portland’s Jermyn Street spree

27 July 2012

Great Portland Estates has bought out Capital & Counties’ half-share in the £120m Jermyn Street Estate in London’s West End.
Greggs aims for upper crust of UK bakery market

27 July 2012

Chain launches upmarket artisan concept in north of England. Rachel Hunter reports
Hammerson fight back

27 July 2012

Retail developer unveils rival plans for Croydon’s Whitgift Centre
Hammerson fights back

27 July 2012

Retail developer unveils rival plans for Croydon’s Whitgift Centre
Hammerson goes exclusive on Junction Fund

1 August 2012

Hammerson has entered into exclusive talks to buy the Junction fund, for a price thought to be around £265m.
Hammerson in pole for Junction fund

27 July 2012

REIT poised to buy four retail parks and development
Hammerson’s retail resilience

27 July 2012

Office sales fill coffers in first half, but REIT predicts continuing growth from outlets and shopping malls
Henderson's £650m UK Shopping Centre Fund to be extended

1 August 2012

Investors in Henderson’s £650m UK Shopping Centre Fund have voted to extend it by seven years, enabling the fund manager to turn its attention to developments including Edinburgh’s St James Quarter.
Hook, line and sinker

27 July 2012

Russian businessman Pavel Lisitsin lost millions when he invested in a site in Reading. Patrick Gower investigates. Photos by Tom Harford Thompson
India’s Lalit lands at Tower Bridge

27 July 2012

Bharat Hotels plans to open its first luxury hotel outside India, on the south bank of the Thames, opposite Tower Bridge (pictured).
Investment slump worsens: IPD

1 August 2012

Investment into UK commercial property suffered a double-dip decline in the second quarter of 2012 as total returns halved and landlords outside London continued to look badly exposed.
It’s a nice day for a purple wedding

27 July 2012

Tim Simmons, director of Chesterton Humberts’ Yeovil branch, received an email last Friday night from a concerned mother, whose daughter Chelsea was due to be married the following day.
It’s all quiet on the western front as UK investors desert REITs

27 July 2012

A US investor I spoke to this month likened UK REITs to a 1960s’ western.
JJB chief exec steps down

27 July 2012

JJB Sports chief executive Keith Jones is stepping down from his role at the struggling sports retailer.
JLL income flat but Europe sees increases

31 July 2012

Jones Lang LaSalle posted essentially flat income for the second quarter of 2012, but European income more than doubled on the back of the acquisition of King Sturge.
John Lewis appoints Pramerica

30 July 2012

Pramerica Real Estate Investors has been appointed by John Lewis Partnership Pensions Trust to boost its portfolio of UK property investments to £270m.
Jones Lang LaSalle appoints new Nottingham head

2 August 2012

Jones Lang LaSalle has appointed a new head of its Nottingham office.
Judge calls for better resourcing of SFO to fight financial crime

31 July 2012

The judge presiding over the judicial review of the warrants and arrests of the Tchenguiz brothers today called for better resourcing of the Serious Fraud Office to make sure financial crime was adequately policed.
Kew fashion brand to be closed down

30 July 2012

Kew, the sister brand of Jigsaw, will be closed down after racking up losses of £10m last year.
Kingly Club changes hands

27 July 2012

One of London’s best known private members’ clubs is under new ownership.
Knight Frank City head to retire

30 July 2012

The head of Knight Frank’s City office is to retire next April after 25 years with the firm.
Knight Frank City head to retire

30 July 2012

The head of Knight Frank’s City office is to retire next April after 25 years with the firm.
Knight Frank: Central London Office Report Q2 2012

31 July 2012

Take-up across Central London rose by 10% to 2.4 m sq ft, although levels remained below the long-term average, according to Knight Frank’s Q2 report.
Knight Frank: UK Market Outlook - July 2012

27 July 2012

Early July saw a flurry of activity by central banks, with rate cuts in the Euro area, China and Denmark, and more QE for the UK
Ladbrokes to open 50 more shops

2 August 2012

Ladbrokes intends to open another 50 shops before the end of 2012.
Latest residential data by UK region, supplied by Hometrack

10 August 2012
Law firms downsize real estate teams

27 July 2012

City firms shift away from specialist sectors, towards large deals. Sarah Townsend reports
London & Regional buy Crowne Plaza Cambridge out of receivership

1 August 2012

London & Regional has bought the Crowne Plaza hotel in Cambridge out of receivership for more than £35m.
M&B appoints Colliers International to manage estate

31 July 2012

Propert consultancy Colliers International has been appointed by Birmingham pub company Mitchells & Butlers to manage its 1,600 strong estate, TheBusinessDesk.com reports.
Mall tales, Mumbai and murder on your midsummer reading list

27 July 2012

This summer’s books are all “holiday reads”, which will not only entertain, but also carry us away from the bad weather.
MedicX injects 31 primary care centres

27 July 2012

MedicX Fund, the healthcare property investor, has bought 31 primary care medical centres for £91.9m through a corporate acquisition.
Messy charges on high-end homes will keep buyers away

27 July 2012

A consultation on stamp duty land tax (SDLT) announced on 17 July is the latest in a series of attempts by the government to respond to objections to measures outlined in the March Budget.
Mind Candy’s Silicon Roundabout move

27 July 2012

Mind Candy, one of the UK’s fastest-growing technology companies, has agreed to lease up to 72,000 sq ft at Resolution’s 32 Bonhill Street scheme near London’s Old Street roundabout.
MORNING AFTER: Heroes National Celebrity Golf Day

30 July 2012

Celebrities, amateur golfers and spectators turned up to this charity golfing event in April.
My second life: Henry Dallal - photographer

27 July 2012

Most people in property have their hands full with one career.
NAMA reports €247m annual profit

25 July 2012

Ireland’s National Asset Management Agency (NAMA) made a net profit of €247 million in 2011 after incurring an impairment charge of €1.27bn to cover bad loans.
Native Land ends two-year Mayfair search on Old Burlington Street

1 August 2012

A joint venture between Native Land and a pair of Far Eastern backers has completed the purchase 30 Old Burlington Street, just off London’s Regent Street, as revealed by PropertyWeek.com.
Need to know: at home on Oxford Street

27 July 2012

Oxford Street may be the spritual home of the shopaholic, but an increasing number of people are calling it home.
Need to know: at home on Oxford Street

27 July 2012

Oxford Street may be the spritual home of the shopaholic, but an increasing number of people are calling it home.
Need to know: Peel Ports launches new warehouses

27 July 2012

North-west-based developer plans second age of the canal. Rachel Hunter reports
New Oxford Street’s makeover

27 July 2012

Aedas has drawn up speculative plans for a mixed-use scheme (above) on London’s New Oxford Street.
New routes to China will create new routes for investors

27 July 2012

China is still on track to overtake the US as the world’s largest economy by 2020.
Newcastle extends space and finance

27 July 2012

Bids invited for 49% stake in airport after opening of terminal extension. Rachel Hunter reports
Newport Council to sell assets

27 July 2012

Newport City Council is to sell around £50m of property assets in a bid to fund regeneration.
No gilt complex at Canada Life

27 July 2012

Canada Life is proving a popular source of cheap finance for listed property companies because of the drop in gilt rates.
Ocado rolls out virtual shopping wall with Bullring pop-up

31 July 2012

Ocado has taken a pop-up virtual shopping wall at Bullring as part of its campaign to roll out the concept in shopping centres across the UK.
Oil and gas fire up Thames Valley

27 July 2012

Cameron International is latest occupier to seek space at Stockley Park
Olympic housebuilders picked; new legacy images revealed

2 August 2012

Olympic chiefs have today appointed a pair of housebuilders to bring forward 870 new homes on the Olympic Park.
Olympic London is smartest city in the world

27 July 2012

Question: what do Londoners loathe about the “Zil lanes” that came into effect on the capital’s roads to accommodate the Olympic traffic this week?
Olympic Park gets into legacy groove

27 July 2012

Olympic chiefs this week submitted plans for a 28 acre public space at the Olympic Park after the London 2012 Games.
Olympics causes London retail footfall to plummet 21%

2 August 2012

The first Olympics weekend severely hit retail footfall across London, causing a drop of 21% year-on-year.
Operators see shore thing in London Gateway

27 July 2012

DP World’s deep-water terminal progressing as first operators line up. Rachel Hunter reports
Orchard Street buys £40m regional industrial estates

31 July 2012

Orchard Street Investment Management is buying two multi-let industrial estates on behalf of the Railways Pension Scheme for £40m.
Palmer Capital’s enterprise pays off at Eurocentral

27 July 2012

Fund’s “loan-to-own” deal on three Scottish sheds points the way forward for problematic leveraged property syndicates. Mike Phillips reports
Penney drops Simon stake

27 July 2012

US department store retailer JC Penney has sold $248m of shares in Simon Property Group back to the mall developer.
People Moves: 27 July

27 July 2012

Colliers International has appointed Olivia Hughes, a graduate from Nottingham Trent University, to its licensed and leisure team in the north of England.
People Moves: Milligan, Cala Homes, Indigo Planning, Metropolis and more...

27 July 2012

Colliers International has appointed Olivia Hughes, a graduate from Nottingham Trent University, to its licensed and leisure team in the north of England.
Pfizer site bought by private consortium

2 August 2012

A private consortium has bought a 297-acre site in Sandwich, Kent, from pharmaceutical giant Pfizer.
Pfizer site bought by private consortium

2 August 2012

A private consortium has bought a 297-acre site in Sandwich, Kent, from pharmaceutical giant Pfizer.
Phantom pregnancy

27 July 2012

Ludgate sends apologies to Cushman & Wakefield’s Tom Leeming and his wife. In his Hot 100 profile last week, Property Week incorrectly stated that Tom was a father of one.
Picton set fair after refinancing

31 July 2012

The listed Picton Property Income Trust said today it was well placed to improve its value and income in the coming months after completing a key refinancing.
Poundworld takes former Brantano store in Leicester

1 August 2012

Poundworld has signed to open a store at the St George’s Retail Park in Leicester.
Pramerica appointed to increase John Lewis property investments

30 July 2012

Pramerica Real Estate Investors has been appointed by John Lewis Partnership Pensions Trust to boost its portfolio of UK property investments to £270m.
Private equity players struggle to stand out from crowd

27 July 2012

Unless you’re at Blackstone, working at a private equity real estate fund manager is tougher than it has ever been.
Property Lexicon

27 July 2012

IRR hurdles /?????? h??dlz/look backs /l k baks/ and catch-ups /kat??ps/n. Disappointingly, not terms you will be hearing at the Olympics over the next few weeks but fortunately, at least, not vocabulary used to organise office meetings.They actually relate to the distribution of cashflows and profits, brought to you from the world of private equity.
Property Week Digital Edition - 27 July 2012

27 July 2012
Property’s junior apprentices: you’re hired

27 July 2012

Applications are up, but more companies need to offer placements. Emma Haslett reports
PropertyWeek.com is the business at digital awards

27 July 2012

Property Week takes home Website Business 2012 prize at digital publishing “Oscars”
Q+A: Clive Betts MP on regeneration funding woes

27 July 2012

The Communities and Local Government select committee this month concluded an inquiry into a European funding programme for regenerating deprived areas. Committee chairman Clive Betts discusses its findings
Real estate body paves way for CMBS 2.0

27 July 2012

CRE Finance Council Europe this week launched a consultative document designed to stimulate the moribund European commercial mortgage-backed securities (CMBS) market.
Regal ramps up resi on Bedford Row

31 July 2012

Regal Homes is close to completing the purchase of 44 Bedford Row, in London’s Bloomsbury, from investor Westrock.
Robert Tchenguiz to sue SFO

31 July 2012

Robert Tchenguiz has released a statement calling the conduct of the Serious Fraud Office “outrageous”, adding that he intends to pursue the department for damages.
Saatchi narrows West End search

27 July 2012

Advertising agency and parent Publicis close in on new HQs
Segro announces £81.8m loss

2 August 2012

Segro has posted an £81.8m pre-tax loss for the first half of the year.
Segro brews up Guinness specs

27 July 2012

Segro is planning to speculatively develop three warehouse units on the site of the former Guinness brewery in Park Royal, west London.
SFO Tchenguiz warrants declared unlawful

31 July 2012

Search warrants issued to the Serious Fraud Office for the dawn raids of the premises of Vincent and Robert Tchenguiz have been declared unlawful by the High Court.
SFO Tchenguiz warrants declared unlawful

31 July 2012

Search warrants issued to the Serious Fraud Office for the dawn raids of the premises of Vincent and Robert Tchenguiz have been declared unlawful by the High Court.
Small victory for leases

27 July 2012

Sir, The RICS Small Business Retail Lease is a well-drafted, clear document (professional, 06.07.12).
Space shortage in West Mids after shedloads of lettings

27 July 2012

Occupiers in talks on nearly 1m sq ft in region as lack of spec development drives occupiers into vacant units
Space under offer at Carlyle’s Piccadilly Place

1 August 2012

The ninth floor of Carlyle’s Three Piccadilly Place has gone under offer to a digital company, ending a lettings drought at the scheme.
St Modwen granted planning for second phase of Weston scheme

27 July 2012

St Modwen has been granted planning permission for a second phase of housing at a £400m mixed-use scheme on the former RAF Locking site in Western-super-Mare.
Success for Shropshire's “nil-CIL” plans

1 August 2012

A planning application for one of the first schemes to take advantage of Shropshire Council’s “nil-CIL” rate for commercial development has been granted permission.
Take three: companies moving to London Gateway

27 July 2012

Source: 1stsiteDB Schenker in training
Taylor Wimpey reports profit boost

1 August 2012

Housebuilder Taylor Wimpey’s operating profits rose from £28.9m to £100.9m in the six month period to July, according to its half-year results published today.
Tchenguiz to seek damages beyond the SFO

31 July 2012

Vincent Tchenguiz is planning to widen his case for damages beyond the Serious Fraud Office.
Tesco’s extension Corker

27 July 2012

Planning consent has been granted for a 70,000 sq ft Tesco extension to the Ballincollig Shopping Centre in County Cork, Ireland.
The Physiological Society acquires new HQ

27 July 2012

Third Sector Property has acquired Priory Court on Farringdon Lane for £3.5m on behalf of The Physiological Society.
The Property Archive: UK Property Investment Bulletin - Q2 2012

27 July 2012

In the land of Euro uncertainty, Central London is a beneficiary
Thomson airs next episode of BBC property programme

27 July 2012

Chief operating officer talks to Nick Johnstone about progress of broadcaster’s strategy
Tiger Tiger operator claws £100m backing

27 July 2012

The company behind bar chain Tiger Tiger has received £100m of investment to double its central London portfolio.
Town Centre Securities turns on power generation

27 July 2012

Leeds-based investor Town Centre Securities (TCS) plans to roll out a scheme that offers tenants cut-price solar energy across its entire property portfolio.
Treasury Holdings loses Nama challenge

31 July 2012

Treasury Holdings has lost its challenge to Nama’s decision to call in more than €1bn worth of loans and appoint receivers.
Trevor Wood: Retail and Leisure Parks 2012

30 July 2012

An executive summary of Trevor Wood Associates’ retail and leisure guide detailing 1,570 retail parks, shopping parks, retail and leisure parks, leisure parks, major leisure schemes and retail warehousing developments.
Trio shortlisted for €675m Allied Irish loan sale

31 July 2012

Allied Irish bank has picked a shortlist of three parties in the sale of a portfolio of Irish property loans with a face value of €675m, propertyweek.com can reveal.
Tweet of the week

27 July 2012

Mayor of London Boris Johnson’s PR team must jump Olympic hurdles to prevent the blond-mopped bumbler from pressing the “tweet” button on his Blackberry.
UK remains ‘core’ for German bank

27 July 2012

Münchener Hypothekenbank has provided £54.2m of debt finance for properties in London.
US data centre company to debut in UK

27 July 2012

A US player is to make its entrance to the burgeoning UK data centre market.
US portfolio of OTO Select-Service hotels up for sale

1 August 2012

A portfolio of OTO Select-Service hotels has been put up for sale in the US.
Vincent Tchenguiz to seek damages beyond the SFO

31 July 2012

Vincent Tchenguiz is planning to widen his case for damages beyond the Serious Fraud Office.
Walken right into it

27 July 2012

Ludgate is startled by the resemblance between number 25 on Property Week’s Hot 100, Rupert Williams, founding partner of GM Real Estate, and the Deer Hunter actor Christopher Walken.
Watch and Comment: Sociable Surveyors internship winners- who did it best?

27 July 2012

View the winning video applications from the Sociable Surveyors global internship scheme.
Wereldhave left reeling from revaluations and writedowns

27 July 2012

Wereldhave, the Dutch property company, on Monday issued a profit and dividend warning, partly because of the poor performance of two UK shopping centres it bought in the last two years.
Westfield’s new recruits

27 July 2012

Westfield has signed a string of fashion retailers at its Westfield London scheme, including Parisian handbag retailer Longchamp and children’s wear brand Trotters.
Wrenbridge pilots Norwich airport park

27 July 2012

India’s Air Livery prelet means development can begin at 850,000 sq ft scheme
Written consent can mean curtains for prescriptive rights of light

27 July 2012

The message: Rights of light based on long use are prevented if enjoyed with written consent.