All Property Week articles in 02 October 2009 – Page 5
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Online
Glorious shares is fifth flop after IPO
Glorious Property Holdings Ltd. fell as much as 20% on its first day of trading in Hong Kong, the fifth straight debut slump for an initial public offering in the city.
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Online
Starwood chief sees signs of hotel recovery
Starwood Hotels & Resorts Worldwide chief executive officer Frits van Paasschen said increased demand for hotel rooms in New York City may signal the US is beginning to emerge from the recession.
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Online
China Property Index hints at disaster
China’s benchmark for property stocks is close to slipping below its 200-day moving average, signaling losses in global stocks and commodities and gains in the US dollar, according to Bank of America Corp.
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Online
UAE tipped to see growth in 2010
The UAE economy will shrink less than expected this year and return to growth in 2010, according to a new forecast by the IMF.
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Online
Watergate hotel set for sale
The famed Watergate Hotel in Washington D.C. is under contract to be sold by PB Capital, a unit of the German Deutsche Postbank AG, to a venture led by Holland Development Group for a price that is expected to be in the $40m range, according to people familiar with the ...
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Online
UPP agrees £133m University of Exeter student accommodation deal
University Partnerships Programme (UPP) has signed a £133m deal with the University of Exeter to develop and operate more on-campus residential student accommodation.
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Online
Indian watchdog to examine property deals
Financial Intelligence Unit, India’s anti-money laundering agency, wants to examine real estate deals. It has asked states to submit monthly data on registration of properties, a state government official, who did not wish to be identified.
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Online
Retail vacancies in London’s West End are lower than anywhere else in the UK
Retailer vacancies in London’s West End are lower than the rest of central London and the UK, according to the latest research from business improvement district group - New West End Company.
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Online
Companies face rates rise of up to a quarter
Companies are facing rises of up to 25% in business rates after a revaluation of commercial properties rewarded small businesses at the expense of large retailers. Supermarkets are likely to face an average 12% rise in business rate bills, said the British Retail Consortium.
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Online
House prices reach 2008 levels
UK house prices have now recovered to the same level as a year ago, according to the latest Nationwide figures.
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Online
Trump pleased with golf vote
Donald Trump welcomed the refusal yesterday by Aberdeenshire councillors to rule out forcibly moving people from land where the American property developer is building a £1bn golf resort.
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Online
Home buyers find credit tougher
British households have found it tougher to obtain credit over the past three months, but banks expect to loosen up on lending towards the end of the year, the Bank of England has said.
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Online
Quintain sees signs of life
Quintain said that it saw signs of an upturn in market conditions and aimed to attract more outside investors to a new property fund. It added that rental collection, with three tenants in administration, was at 96.5% prior to September 29, the collection day for the third quarter, down from ...
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Online
Chesterton expects Dubai growth
Chesterton, which operates in the Gulf region out of Abu Dhabi, said that Dubai’s hard-hit market was forecast to grow at a rate of 4-6% a year until 2015, despite the economic challenges facing the emirate.
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InsightStockley remixed
The Stockley Park Consortium has submitted a planning application for a giant third mixed-use phase
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News
Simon Scovell remembered
Simon Scovell passed away last month. He was 64 years old and worked at both Healey & Baker and Strutt & Parker, helping to design and let retail schemes
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MarketsRecovery is ‘two years’ off
“It’s going to be two years before we see any real signs of recovery
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MarketsRegenerators round on public sector
Pre-election call for future government to improve efficiency
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Markets
Turbine park picks up pace
The first phase of Barmston Developments’ Turbine Business Park in Sunderland has been completed
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Markets
Next’s Scarborough opening
Next’s new store in the 130,000 sq ft Brunswick shopping centre in Scarborough opens this week
