All Property Week articles in 05 December 2008 – Page 8
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Online
Goodman gets go-ahead for Brum’s £450m Eastside Locks
Goodman has got the green light for its £450m, 1.5m sq ft Eastside Locks development in Birmingham.
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Online
AAIM subsidiary falls into adminstration
Grant Thornton today confirmed it had been appointed administrator to a key company within the AAIM property fund management group.
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News
RICS Property Quiz 2008
Almost 800 people took part in the 16th LionHeart London Property Quiz.
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Online
City Lofts gets planning permission for Sheffield's tallest building
Developers and Creative Sheffield welcome planning approval for the building
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Videos
Giles Barrie on the BBC discussing St Paul's Tower in Sheffield (audio)
Property Week editor Giles Barrie on BBC Radio Sheffield talking about the future of the controversial St Paul's Tower in Sheffield.
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Online
Interest rate cut to 2%
The Monetary Policy Committee has cut the UK base rate to 2% from 3%, a further 1% cut on top of last month’s 1.5%.
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Online
Minerva drinks to iconic Ram Brewery redevelopment
Minerva has got the green light for a 1m sq ft redevelopment of the former Young’s Ram Brewery in Wandsworth, south west London.
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Online
Boris Johnson seeks £300m for Crossrail via new revenue stream from developers
Mayor of London Boris Johnson has announced a consultation on draft proposals which would allow money from developers to be used towards Crossrail's £300m costs.
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Online
Heron's Cahit Atasoy to retire
Heron International’s projects and construction director is to retire at the end of the year.
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Online
Sterling tumbles ahead of rate decision
Sterling sank below $1.45 against the dollar this morning after the UK’s bleak economic landscape was blackened further with data showing house prices had another sharp fall in November.
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Online
House prices fell by 2.6% in November, bringing the average price down to July 2005 levels.
The average house now costs £163,445, according to the monthly Halifax house price index for November.
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Online
AAIM in crisis
The directors of the fast-growing fund manager AAIM have appointed Grant Thornton as administrator to one of their key vehicles.
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Online
Birmingham City seeks own bank to boost local economy
The leader of Birmingham City Council has unveiled a proposal for the city council to set up its own municipal bank, to offer loans and banking services direct to the local economy.
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News
Dubai house prices 'to drop'
The fourth quarter of 2008 will likely show 'drop in overall residential prices' in Dubai, the property consultancy Colliers International said in a report released on yesterday.
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News
HK sales hit 17-year low
Home sales in Hong Kong dropped last month to the lowest level in 17 years as the worsening global financial crisis scared away buyers.
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News
Oz building approvals slump
New home building approvals tumbled in October to their lowest level since March 2001 as the Government's stimulus package and rate cuts failed to ease fears about the future of the economy.
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News
Property trusts seek capital
The Dexus Property and ING Office funds have taken advantage of the fall in interest rates by tapping the market for up to $800m in capital raisings to retire debt from their balance sheets.
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News
Shun Tak and Jumeirah team up in Macau
Shun Tak Holdings plans to develop a resort complex on Macau's Cotai Strip and has contracted Dubai's state-backed Jumeirah Hotels & Resorts to manage the hotel property, managing director Pansy Ho Chiu-king announced yesterday.
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News
Refinancing rush as rates fall
The housing market may finally be getting some relief, with lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers.
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News
Babcock & Brown shares soar on rescue
Babcock & Brown's emergency funding lifeline has breathed life into the struggling investment bank's shares, as the market digests the new loan.