All Property Week articles in 05 April 2012 – Page 5
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Insight
British politicians are poster boys for excessive advertising spend
For an enormously successful businessman, Conservative co-treasurer Peter Cruddas still managed to make a complete fool of himself when he was secretly filmed making extravagant promises of access to prime minister David Cameron, in language more suited to a bookies’ runner.
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News
Ilford tower in administration
A part-completed residential tower in Ilford, east London, has gone into administration. The towers of 33 and 25 storeys, comprising 294 units,are nearly fully developed.
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News
Two RBS Isobel loans in administration
Administrators were last week appointed to two of the loans in the Project Isobel portfolio - the first administrations from the UK loan portfolios sold by taxpayer-owned banks.
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News
90 Fenchurch Street for sale
A City of London office building is to become the first asset to be sold from a €1bn fund set up by Anglo Irish Bank that is in liquidation.
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News
Strathclyde’s £60m Sydenham park
Strathclyde Pension Fund has agreed to forward fund the £60m development of a retail and industrial park in Sydenham, south-east London.
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News
AAIM founder's £50m fund in administration
A joint venture between Lloyds Banking Group and one of the founders of collapsed fund manager AAIM has been put into administration.
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News
Noé’s £50m prepack buyout of £40m distressed portfolio
Leo Noé’s family trust has reached an agreement to pay off the bondholders that have security over a distressed portfolio of properties.
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News
Goldman to raise $3bn property debt fund
Goldman Sachs is aiming to raise capital for a new fund to lend to property companies in the US and Europe, as its post-credit crunchtransformation continues.
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News
Deka makes £235m Guardian headline
Guardian Media Group’s headquarters in London’s King’s Cross has been sold off market to a German fund manager.
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News
St Modwen shares bounce back in first quarter after poor 2011
St Modwen was the star listed property company performer in the first quarter of the year.
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Markets
Little change for first-time buyers since 1950s
As first-time home buyers continue to struggle to get on the housing ladder, a new report by London South Bank university masters in real estate course director Scott King analyses how trends have changed since the 1950s.
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News
Saxo’s €114m Danish Resolution
Resolution Property and Saxo Properties have agreed to buy around €114m of properties in Copenhagen, Denmark.
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Online
Aldo Zilli quits London and sells restaurants to Caring's Bill's Produce
Celebrity chef Aldo Zilli has quit the London restaurant scene and sold his two remaining restaurants to Bill’s Produce.
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Online
Asics jumps onto Oxford Street
Japanese sports retailer Asics has signed to open a flagship store on Oxford Street, in time for the Olympics.
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Online
Canadians buy famous Paris office building for €245m
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, has agreed to buy PSA Peugeot Citroën’s historic head office building in Paris for €245.5m.
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Online
Prezzo profits up 14%
Prezzo is set to open 20 new restaurants this year after growing revenues by nearly 20% in 2011.
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Online
Deka buys Amsterdam office tower 'The Rock'
Deka Immobilien GmbH has acquired prime office tower ‘The Rock’ in Amsterdam Zuidas for €132m from privately-held UK investment banking group Evans Randall.
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