All Property Week articles in 04 December 2009 – Page 3
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Miller to develop 105-acre Scottish site
Miller Developments has signed an agreement with the Locheil Estate to develop a 105-acre site in Fort William, Scotland.
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Simon Property buys US outlet centre owner in $2.3bn deal
Simon Property Group, the US shopping centre REIT, is to buy outlet shopping centre company Prime Outlets in a $2.3bn deal.
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Internos to take over European fund manager GPT Halverton
Internos Real Estate Investors, the fund manager set up last year by property veterans Jos Short and Andrew Thornton, is taking over a loss-making European firm with $2bn of assets under management.
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Johnson Controls appoints new Europe workplace boss
Johnson Controls has appointed Steven Quick as vice president and general manager for its global workplace solutions business in Europe, the Middle East and Africa.
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Nokia to close flagship Regent Street store
Nokia, the world's biggest mobile phone maker, has admitted defeat in its battle to reclaim Regent Street from the grasp of rival Apple.
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Push to complete America's tallest building
The stalled construction of North America's tallest building, a 150-story luxury residential tower planned for downtown, may get a boost from unionised construction workers desperate for jobs.
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Shanghai, HK and Beijing seen as top Asia markets
Shanghai is rated by international property professionals as Asia's top real estate market next year, followed by Hong Kong and Beijing, according to a survey by the Urban Land Institute and PricewaterhouseCoopers.
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Pearl Dubai eyes McLaren brand hotel and homes
The developer of the Dubai Pearl mixed-use project is in talks with Formula One racing group McLaren to brand a hotel and homes on the site.
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Korean group to build $10bn Ghana housing scheme
South Korea's STX Group agreed with Ghana’s government to build a $10 billion residential project in the African nation, the South Korean land ministry said.
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Green light for regeneration in Manchester’s Wythenshawe
Manchester City Council has approved plans for the regeneration of Wythenshawe town centre, including a new bus station at Forum Square and a new office building called Etrop Court.
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Central London take up increases in November
The amount of space under offer in Central London continued to rise last month reaching 3.4m sq ft at the end of November, a 21 per cent rise on October and more than double that recorded at the start of the year, according to CB Richard Ellis.
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Masterplanning team selected for Qatari Diar’s Chelsea Barracks Development
Qatari Diar Real Estate Investment Company has selected a design team to prepare a new masterplan for the development of its Chelsea Barracks site.
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ING REIM buys £21m retail park
ING Real Estate Investment Management has bought a retail warehouse at Mucklow Hill, Halesowen, West Midlands for £21.7m on behalf of the Skandia Property Fund.
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BT calls up Stoford’s All Saints
British Telecom has signed up as a 75,000 sq ft pre-let at Stoford’s £75m All Saints office scheme in West Bromwich.
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OnlineJoin our online debate on green issues facing property sector
A debate on green issues facing the property sector will take place on Wednesday at the Sustainability Now virtual event.
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U.K. November house prices rise 1.4% on month, Halifax says
U.K. house prices rose more than twice as much as economists forecast in November as demand for property outstripped supply, Halifax said in a report.
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Wichford’s assets drop 60%
Wichford, the property investment company, saw the value of its assets fall 60 per cent to £47.4m this year as the property market struggled.
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Liquidity woes threaten India-Aim love affair
Ishaan Real Estate, an Indian property company, is exploring ways to reduce its exposure to Aim.
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'Disappointing start' to Christmas trading, says BRC
Retail sales rose 1.8pc on a like-for-like basis in November, marking a disappointing start to the key Christmas trading period, the British Retail Consortium (BRC) suggested.
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DTZ Echinox: CEE Investment
"Transaction activity practically froze in H1 2009 with a volume of approximately €26 million, representing a 97% decrease year-on-year. The volume diminished by a third (quarter-on-quarter) in Q3 when institutional transactions amounted to €13.3 million. "
