All Property Week articles in 04 December 2009
View all stories from this issue.
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Online
The Crown Estate completes purchase of 50% stake in Exeter shopping centre
The Crown Estate has bought a 50% stake in Land Securities’ 530,000 sq ft Princesshay shopping scheme in Exeter as part of a major move to diversify its property assets.
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News
I am applying for planning permission for an investment property but am conscious that a buyer may not want to carry out the development in the current economic climate.
With this in mind, is there anything that I can do to make the permission more attractive to potential buyers?
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Edinburgh conference centre extension gets go-ahead
Councillors yesterday unanimously granted planning consent to the enlargement of Edinburgh International Conference Centre.
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News
I am a landlord with an office portfolio and I have heard I need a hot works procedure in place for insurance purposes.
What is a hot works procedure? And will it make me more attractive to my insurer?
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News
I am a retail landlord and my tenant is disputing the level of its service charge.
How can I resolve this problem quickly?
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Online
PRE-BUDGET TV: Two out of three on empty rates, says Cosmetatos
The British Property Federation has claimed victory on two out of the three main points it lobbied the government on over empty rates.
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Government branded "sluggish" on the private rented sector
The government was accused of being “sluggish” in its response to the to the private rented sector in today’s Pre-Budget Report.
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PRE-BUDGET TV: Liz Peace on on the good and the bad of the pre-budget report.
The pre-budget report has laid some good groundwork for the property sector, whichever government is running the country in 2010, Liz Peace, chief executive of the British Property Federation told Property Week today.
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PRE-BUDGET REPORT: Government sets up new infrastructure body
The government is setting up a new body to bring together funding for the UK infrastructure and coordinate private sector investment in public sector projects.
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PRE-BUDGET REPORT: Government gives TIFs the “amber light”
The government has given Tax Increment Funding (TiFs) the “amber light” in its pre-budget report today.
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PRE-BUDGET REPORT: Government to cut £5bn from public sector spending programmes
The government is to cut £5bn from public sector spending programmes including regeneration, the chancellor has announced.
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PRE-BUDGET REPORT: Darling admits the recession was worse than expected
Chancellor Alistair Darling today admitted that the recession had been worse than anticipated, and forecast that the economy would shrink by 4.75% this year.
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PRE-BUDGET REPORT: Darling ignores retailers calls for delay to VAT rise
Chancellor Alistair Darling has resisted pressure from the retail sector to delay the rise of VAT back to 17.5%.
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PRE-BUDGET REPORT: Empty rates exemption extended
Chancellor Alistair Darling has extended the relief on Empty Rates tax for properties below the value of £18,000.
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PRE-BUDGET REPORT: Government backs economic development education scheme
The government has backed a scheme to educate councillors and planners on the economics of development in the downturn.
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£23bn UK investment market in 2009, predicts JLL
Investment in the UK property market is expected to total £23bn this year, according to Jones Lang LaSalle.
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Dubai World arm loses Manhattan hotel to foreclosure
Dubai World's private-equity arm paid about $282m in 2006 for the trendy W Hotel on Union Square, Manhattan. At a foreclosure auction yesterday, the winning bid was $2m.
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Lend Lease to launch bargain hunt fund
Lend Lease is to launch a A$400m private equity fund to invest in distressed assets in Australia.
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China set to curb property speculation
China is to crack down on speculation in the property market and try to increase the supply of lower-cost housing, said the head of the country’s powerful planning agency.
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Nakheel had over $800m help from Dubai World
Nakheel, the Dubai property developer, received Dh3 billion ($816.8m) in financial assistance from Dubai World in the first half of 2009 as it dealt with a cash flow shortage and mounting obligations, according to a financial statement.