All Property Week articles in 05 June 2009 – Page 14
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Markets
Housing pain: Industry leaders give advice to young property professionals
Young property professionals debated housing and regeneration at the 1st Friday London breakfast
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News
Berkeley stake owner’s Saudi accounts frozen
The owner of the Saudi conglomerate, Saad, which is the largest shareholder in Berkeley Group and its long-term joint venture partner, has had his personal accounts frozen
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Markets
Retailers strike Bon Accord
Fashion stores Karen Millen, Coast, Oasis and Warehouse have opened at British Land and Land Securities’ Bon Accord Centre in Aberdeen across 12,100 sq ft of space
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Professional
Leisure and retail occupiers worry about paying rent
More than half of UK leisure and retail occupiers are seriously concerned about defaulting on their rent because of increasing financial pressures, a survey has shown
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News
Kemsley’s Rock buckles under £500m debt
PWC called in as Apprentice man’s firm goes into administration
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News
Lane 4 is still in Kansas
A partnership led by Kansas City-based developer Lane 4 has bought a retail portfolio in the suburbs of Kansas City, Kansas, for $62.1m from Highwoods Properties
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News
Conygar makes £30m play for Valad trust
Robert Ware’s AIM company tables three options for shareholders
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Online
Savills' Commercial Development Activity Report: May 2009
May data signalled the slowest overall reduction of commercial development activity since the start of the downturn in November 2007.
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News
Hercules labours to raise £150m from outside investor
Hercules Unit Trust is in talks with an external investor, thought to be an overseas institution, to invest £100m-£150m in the retail park fund
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News
Plans for £10m bus station revealed
Slough Borough Council has unveiled plans for its £10m bus station, part of Development Securities, English Heritage, Thames Valley University and Slough Borough Council’s £400m Heart of Slough regeneration scheme
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Markets
Manchester Arena: 1st Friday Club
Nearly 200 young property professionals gathered at the Room Manchester’s restaurant for May’s 1st Friday Club
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Markets
Investor pays £1.775m bill
A private investor has bought 42-45 Queensferry Street, Edinburgh, for £1.775m – at a yield of 7.32% – from insurance company Royal London
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Online
Knight Frank's Bangkok office market report: Q1 2009
Quarter 1 2009 has seen the market has shift back in favour of the tenant for the first time since 2002.
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Professional
Case news: Carter v Cole (20.5.09)
The message: A court can restrain a landowner from carrying out activities on its own land that interfere with rights granted to another party
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News
City view: 05 June 2009
Shares in the big quoted property companies have been savaged by the downturn, and rightly so
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News
Lloyds to close 1,000 branches
Jones Lang LaSalle and CB Richard Ellis poised to land contract as bank tries to save £1.5bn
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Online
Modus’s Blackpool centre goes into administration
Modus Group and Ciref’s newly-developed Houndshill shopping centre in Blackpool has gone into administration.
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Online
Hammerson completes £445m Bishops Square deal
Hammerson has completed the sale of a 75% stake in its Bishop’s Square development to the Oman Investment Fund (OIF).
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Online
Allianz to lend to debt-starved markets
Allianz, Europe´s biggest insurer, wants to lend money to the debt-starved real estate markets, as liquidity in the banking sector remains tight.