All Property Week articles in 02 May 2008 – Page 2
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Online
West End office investment doubles
Investment in West End offices has more than doubled in the first quarter of this year compared to the previous three months.
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Online
Gladman joins forces with UBC for serviced office spree
Gladman Developments has teamed up with United Business Centres to open a portfolio of serviced offices across its portfolio.
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OnlineTesco agree 'huge warehouse' deal with PD Port
Tesco has agreed a deal with PD Port for a huge distribution warehouse in the north east.
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OnlineStewart Milne to judge property entrepreneurs
Successful Scots Property Entrepreneur, Stewart Milne, has signed up as one of the judges on Property Week and the Bank of Scotland’s £30million search for property entrepreneurs.
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Online
Cap & Reg admits loan covenant breach close
Capital & Regional has admitted it is close to breaching a loan-to-value covenant on its £2.9bn Mall shopping centre fund.
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News
Cap & Reg plunges on covenant fears
Capital & Regional suffered a brutal share sell-off yesterday amid concerns that its flagship fund had breached its banking covenants. The Times
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News
City job puts rents under pressure
Hammerson warned that job losses in the City of London were having an impact on demand for offices in the financial district. Financial Times, The Times, Daily Telegraph
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News
City and Thames Gateway at climate change risk
London and the Thames Gateway are at particular risk of flooding caused by climate change, a report says today, pointing to the scale of housing development planned in the region and danger to the capital’s financial district. Financial Times
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News
Rock shareholders call for leak inquiry
Northern Rock shareholders are demanding a public inquiry into the dramatic leaking last September of the stricken lender's pleas for emergency funding from the Bank of England. The Independent
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News
Henderson refocus eyes property
Henderson may spend up to £75m on bolt-on acquisitions as it looks to capitalise on investment opportunities following the market turmoil of recent months. Financial times The company said it was 'actively looking' for acquisition opportunities in areas such as property and hedge funds as part of a strategy to ...
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News
Rocks starts job loss talks
Plans to cut 2,000 jobs at Northern Rock as part of its restructuring began to go into action yesterday with the start of the formal 90-day consultation period with the union Unite and other employee representatives. Financial Times, Daily Telegraph
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News
US mortgage bill gets House nod
The US House financial services committee yesterday approved a sweeping bill to enable the government to finance $300bn (£150bn) in distressed mortgages with the aim of helping 2m homeowners. The legislation would provide an infusion of capital and new mandate for the Federal Housing Administration to guarantee home loans when ...
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News
Balfour Beatty completes military buy
Balfour Beatty, the construction group, has completed the acquisition of the military public private partnership accommodation business of GMH Communities Trust, the US property investment trust, for $350.5m (£177.6m). The Times
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News
Equest Balkan sells
Equest Balkan Properties, the AIM-listed developer, is looking to sell up to €150m (£117.4m) of property, starting with a shopping centre in Sofia last valued at €96m. The Times
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News
New construction falls
The Office for National Statistics said that demand for new construction fell from £8.3bn in the fourth quarter of 2007 to £7.7bn in January to March this year. The Times
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MarketsA White River runs through it
A new retail scheme in St Austell should benefit from a planned 60% increase in the town’s housing stock.
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Professional
PW’s top rent review surveyors
Property Week’s online vote to find Britain’s best rent review surveyor is now closed.
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News
Troc revisions in for planning
Revised redevelopment proposals for the Trocadero in London’s Piccadilly, owned by Asif Aziz’s Criterion Capital, are due to go before Westminster City Council next week.
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