All Property Week articles in 03 April 2009 – Page 4
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NewsYacht a mistake
MIPIM 2009 will be remembered for being a more restrained affair than in previous years, but some had not realised that even the Y word had been banned. Yacht, that is.
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NewsStandard Life under offer
Henderson’s German property fund, GB Immobilien Beteiligung, has placed under offer Standard Life’s 1 and 7 Exchange Crescent in Edinburgh for £55m – a net initial yield of 6.5%.
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NewsLetting off steam
Tony Gibbon, the outspoken overlord at City agent BH2, has long been contemptuous of the role played by letting agents, or ‘leasing clerks’.
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News
JD Sports scores in Merthyr Tydfil
JD Sports has taken a 5,000 sq ft store at Cyfarthfa Retail Park in Merthyr Tydfil, from Hammerson at £35/sq ft – or £175,000 a year – on a 10-year lease.
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News
Inlands losses rise
Inland, the AIM-quoted residential land specialist, has posted an increase in interim pretax losses from £1.18m to £4.24m.
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News
Smiths Kent injection
Smiths Medical International, the medical devices manufacturer, has taken 24,172 sq ft at Quadrant Estates’ Eureka Park in Ashford, Kent.
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News
London mayor to revamp homes
London mayor Boris Johnson is to spend £22m on transforming more than 1,300 of London’s abandoned, derelict and blighted buildings into family homes.
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MarketsZero-carbon hero
Quintain’s Adrian Wyatt will this month unveil his final plans for a new ‘green’ Gateway
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News
Healthy verdict for Primary
AIM-listed Primary Health Properties has won a High Court judgment over the amount of rent reimbursed by the Department of Health for GPs’ leasehold premises.
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News
Grid pulls plug on Peel sale
National Grid has put the £100m sale of up to 1,000 acres on the Kent coast to John Whittaker’s Peel Group on hold.
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InsightRiders of gravy train head for trouble
Lords Young, Kalms, Myners and Harris were there, joined by Sirs Victor Blank, Rocco Forte, David Frost and David Clementi.
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News
Regional industrial gluts
There are still pockets of industrial oversupply in England, despite the virtual halt in development.
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Markets
Thames Gateway parks proposals
The London Development Agency last week revealed its vision for a series of large parks along the Thames Gateway.
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NewsPinder Fry pulls land fund
Pinder Fry & Benjamin has been forced to put its £20m strategic land fund on ice after its backers pulled out.
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NewsPalmer picks Manse to find forced sellers
Palmer backs 10th venture: Scotland and northern England asset worker
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NewsThe Kallakis Files
Serious Fraud Office investigates entrepreneur as prior conviction for conspiracy comes to light
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News
F&C proposes new structure
F&C Commercial Property Trust has proposed introducing a new listed holding company that would be subject to fewer restrictions, and have greater flexibility to raise cash and take on more varied forms of debt.
