All Property Week articles in 05 December 2008 – Page 7
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News
Derwent buys Alban retail park
Derwent Holdings, the northern-based company, has bought the 140,000 sq ft Alban retail park in Warrington from Blackrock for £40m at a yield of around 6.5%.
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News
… as landlords agree shop assistance
The heads of some of the UK’s largest property and retail companies – among them Francis Salway, Sir Philip Green and New Look executive chairman Phil Wrigley – last week reached an agreement on how to deal with controversial measures such as service charges and monthly rents.
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Markets
New homes agency head promises seamless transfer
Sir Bob Kerslake pledges ‘really hard, tough effort’ at Thames Gateway Forum
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Online
GuestInvest sale on hold after low bids
Bank of Scotland Corporate is to put on hold the sale of buy-to-let hotel operator GuestInvest after bids came in way below expectations.
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Professional
Advice on answering awkward questions from employees and finishing the APC
James Max offers some answers to your workplace headaches
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News
Pettifer Construction in admin
Warwickshire-based construction company Pettifer Construction has gone into administration.
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News
SunGard adds Borehamwood to disaster recovery portfolio
Disaster recovery company SunGard has opened an 80,000 sq ft centre in Borehamwood in Hertfordshire.
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Professional
Building surveyors can adapt to this climate
Demand for some surveyors’ services actually increases in a recession
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News
Mustbesold.com scores 80% hit rate
Low interest rates, a host of repossessions and local marketing resulted in a strong residential sale for online auction house mustbesold.com.
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News
King Sturge to cut up to 80 jobs in London
King Sturge is to cut between 60 and 80 London jobs through a redundancy consultation announced to staff on Wednesday.
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Online
Noé’s F&C Reit wins £650m Dawnay Day portfolio
‘Textbook’ deal could be model for lenders looking to turn a ‘bad loan into a good loan’
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Markets
St Modwens sale at 8.4%
A private investor, advised by DTZ, has paid £3.2m to St Modwen for two buildings occupied by City Link and Valley Forge on Quedgeley West Business Park, near junction 12 of the M5 at Gloucester.
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Markets
London house prices to reach nadir in 2009
London is set for the sharpest slump in house prices next year, Jones Lang LaSalle said in its annual residential property forecast this week.
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News
Klépierre’s €356.2m rights issue
French property giant Klépierre has raised €356.2m (£302m) through a rights issue to partially refinance its purchase of Steen & Strom.
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Online
Ashwell seeks CB1 funding
Developer Ashwell and Bank of Scotland Corporate are exploring new ways to fund the £800m CB1 development in Cambridge.
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Professional
Case news: Alchemy Estates v Judith and Polly Astor (05.11.08)
The message: A property buyer can lose its right to terminate a contract by not acting quickly enough
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News
Taylor Wimpey to sell 5,000-plot portfolio
Further 30 sites across east and south-east on market to raise cash
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Online
La Salle Investment Management pulls out of city deal
La Salle Investment Management has pulled out of taking one floor at Hermes Real Estate's 20 Gresham Street in the City of London.