All Property Week articles in 04 April 2008 – Page 11
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Erinaceous wins first round in High Court insurance fight
Dunlop Haywards has won the right to sue an insurance broker for failing to provide adequate professional indemnity insurance to protect it from High Court claims.
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Beetham’s Southwark Tower called in
Secretary of State Hazel Blears has called in plans for the Beetham Tower’s £600m tower in Southwark on the south side of Blackfriars Bridge in London.
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Photo of the week
It was all work, work, work on the 1st Friday's ski trip to France, as this picture clearly shows.
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Primark signs up in Corby
Land Securities has signed budget retailer Primark as an anchor store at Willow Place in Corby town centre.
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Regus picks off Stonemartin sites
Regus will operate three buildings formerly managed by troubled serviced office provider Stonemartin.
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Slowing UK construction industry will cause housing headache says RICS
A slowing housing market that is hitting the UK construction industry will make it even harder for the Government to reach its housing targets, says the RICS.
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Land Securities announces board changes as part of de-merger.
Land Securities has appointed three new non-executives as part of its plan to split into three separate companies.
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Barry Gilligan submits plans for Belfast’s ‘northern gateway’
Big Picture Developments has submitted plans for a major mixed used development called The Lighthouse which it says will create a northern gateway to Belfast city centre.
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Government hits back at empty rates opponents
The Government has responded strongly to increasing pressure from business groups over empty rates reforms, which come into force today and are set to net £1bn a year for the Treasury.
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Last ditch bid to stop empty rates change
The property industry is to make a last-ditch effort to persuade the government to reverse its £1.3bn tax on empty commercial buildings, claiming it could stymie development and lead to urban wastelands. Financial Times
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Surveyors see plunging workload
Growth in work for surveyors in the construction industry has fallen to its lowest rate in more than a decade, according to the RICS. Financial Times, Daily Telegraph
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Paragon mortgages show sharp dip
Paragon, the specialist buy-to-let mortgage lender, has estimated total advances for new mortgages for the first half will be about 50% less than a year ago as it grapples with the credit crunch and its own financing issues. Financial Times
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Housing woes hit wealthy America
The US housing slump has arrived at the Hamptons, summer playground of the Manhattan elite. Financial Times
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Stonemartin shares suspended
Stonemartin, the provider of managed offices, fell 0.5p to 3.625p before suspending trading pending a deal that 'may or may not be completed'. It is thought to be seeking £7m from the landlord of three of its four office blocks, which is scrapping its management contract. It recently failed to ...
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Banks start to hit existing mortgage customers
Fears were raised yesterday that more than two million home owners could face higher mortgage bills after NatWest became the first lender to increase repayments for existing customers. Daily Telegraph
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Private sector set to continue Tube role
The private sector should continue to play a significant role in London Underground, the Department for Transport said yesterday, as it rejected a highly critical report into the public-private partnership. Financial Times, Daily Telegraph
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Rock to encourage customers to leave
Northern Rock has painted an extremely gloomy picture of the housing market and said it would shrink its balance sheet by encouraging existing customers to leave. Financial Times