All Property Week articles in 02 November 2007

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  • News

    Land Securities set to de-merge Trillium


    Land Securities is set to demerge its Trillium outsourcing business into a separately listed company valued at more than £1 billion. The Times.

  • News

    Mapeley posts pre-tax loss


    Mapeley reported a pre-tax loss of £18.6 million for the first nine months of the year, against a £42 million profit last time. TheTimes, Daily Telegraph

  • News

    New Rock borrowing slows


    Northern Rock’s new borrowing from the Bank of England appeared to slow last week. Financial Times, The Times, Daily Telegraph.

  • News

    Estate agents accused of swindling schizophrenic


    A pair of estate agents fleeced a “vulnerable” schizophrenic out of money, gold, jewellery and shares worth more than half a million pounds, a court was told yesterday. The Times

  • News

    NAO hits at housing plan


    A programme to rejuvenate the housing market in some of England’s most deprived neighbourhoods will come under attack today from the National Audit Office. Financial Times

  • News

    Tchenguiz seeks to trim M&B deal to revive it


    Robert Tchenguiz is in talks with Mitchells & Butlers about reducing the size of their aborted £4.5bn pub property joint venture in an effort to revive the deal. The Times

  • News

    Homes at risk in North Sea surge alert


    England was braced for the worst coastal flooding in more than 50 years last night, as a three-metre-high “storm surge” moved across the North Sea, putting thousands of homes at risk. The Financial Times, The Times, The Daily Telegraph.

  • News

    National Trust pays £1m to save Belfast backdrop


    The National Trust has spent £1m to buy of 470 acres of Green Belt land under threat of development. Daily Telegraph

  • News

    Equest Balkan in Bucharest buy


    Equest Balkan Properties, the AIM-listed European property developer, has completed a €37.8m (£26.3m) financing for its Vitantis retail park project in Bucharest, Romania.

  • News

    Real estate investment trusts value up 25%


    The total market capitalisation of real estate investment trusts listed on the world’s stock markets increased by 25% to £367bn over the year to June 30, according to Ernst & Young. The UK REIT market, which began on January 1, is the fourth largest in the world, worth some £28bn. ...

  • News

    London & Stamford up on debut


    London & Stamford, the property developer that aims to buy undervalued assets, gained 2p on its first day of trading to reach 102p. The Times

  • News

    Experian sees two year downturn


    The housing market faces two years of blight from the impact of the global credit squeeze, with prices falling continuously over much of southern England, a report forecasts today. The Times, Daily Telegraph

  • News

    Redrow gloomy on sales


    Redrow warned it would sell about 10% fewer houses in the first half compared with the same period last year. Financial Times, The Times, Daily Telegraph

  • News

    Morgan Stanley the latest sub-prime casualty


    Morgan Stanley has said it expected fourth-quarter earnings to be reduced by about $2.5bn (£1.2bn) from a write down of its US sub-prime exposure. Financial Times, The Times, Daily Telegraph

  • News

    Rock looks to Asia as deposits tumble


    Northern Rock is thought to have contacted Asian banks such as Industrial and Commercial Bank of China and Bank of China as it stepped up its efforts to find a buyer. Financial Times. The Times

  • News

    City regions named


    Thirteen areas of England that could win new powers to boost their prosperity and development were named yesterday. Financial Times

  • News

    Olympic stadium budget pledge


    Contingency funding has been set aside for construction of the Olympic stadium in the event of cost overruns, the Olympic Delivery Authority said yesterday as London 2012 organisers unveiled the design for the centrepiece of the games. Financial Times.

  • News

    Tube deal primed for private sector


    Transport secretary Ruth Kelly has refused to rule out setting up a new public-private partnership for the two-thirds of the London Underground maintained by collapsed Metronet Rail consortium. Financial Times.

  • News

    RICS says buy-to-let only for wealthy


    Only the wealthy can afford to become buy-to-let landlords because most investors have been priced out of the market, the Royal Institution of Chartered Surveyors said yesterday. Financial Times

  • News

    Bovis urges rate cut on house price fall fears


    Bovis Homes has said that full-year house sales and prices would be lower than last year and called on the Bank of England to bring down interest rates to stimulate the market. Financial Times, The Times, Daily Telegraph, Indepednent