All Property Week articles in 05 June 2009 – Page 4
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Lloyds shuts C&G branches
Cheltenham & Gloucester's 164 branches will be closed, ending 159 years on the High Street.
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House prices show rise again
House prices rose for a second consecutive month in April, official figures published yesterday showed, providing another fillip for the housing market.
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Saad slashes Berkeley stake
Saad Group, the Saudi Arabian investment company, has sold half its stake in Berkeley, sending shares in the UK house builder plunging to their lowest level since last autumn.
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Lenders not passing on interest cuts
Britain’s lenders are failing to pass on cuts in interest rates to consumers, undermining efforts to get credit flowing around the economy again, according to data published yesterday by the Bank of England.
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Henderson sells in Enfield
Henderson’s UK Retail Warehouse Fund has said that it had sold Enfield Retail Park in Enfield, North London, to the Universities Superannuation Scheme for £38.35m - an 8.5% yield.
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Thomas Cook put up for grabs
Thomas Cook faces a merger with Rewe, its German rival, after the collapse of the UK travel operator’s biggest shareholder yesterday.
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Manchester more 'liveable' than London
'Manchester’s got everything except a beach,' declared Ian Brown, the Stone Roses singer at the heart of the 1980s 'Madchester' scene.
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‘West End Task Force for 2012’ announced
New West End Company and Heart of London Business Alliance brought together 150 major retail, property and leisure businesses at the ‘West End for 2012’ conference today to plan how London can best leverage the opportunity of London 2012.
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Lloyds announces beginning of branch closure programme
Lloyds Banking Group has announced a host of organisational and property cuts today.
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PWTV: Super-hubs won't damage London's retail centres, says mayoral adviser
Steve Norris, the Mayor of London's adviser on transport and development, told Property Week that Boris Johnson's plans for outer London 'super-hubs' will not damage smaller town centres in the capital's fringes.
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Hollister to open in Bristol
Abercrombie & Fitch’s sister brand Hollister is to take a store at Cabot Circus in Bristol.
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Junared goes into administration
Private developer the Junared Property Group has gone into administration.
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USS buys Enfield retail park from Henderson
Universities Superannuation Scheme (USS) has bought Henderson Global Investors’ Enfield Retail Park for £38.35m.
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Swinney defends inactive Scottish Futures Trust (audio)
John Swinney, cabinet secretary for finance and sustainable growth in the Scottish government, has maintained that the Scottish Futures Trust will play a significant role in building infrastructure in Scotland going forward.
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MORNING AFTER: BCO Conference in Edinburgh
The 18th BCO Annual Conference returned to the EICC in Edinburgh from 20-22 May 2009, with the theme of "Challenging Conventions" in the commercial property industry.
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Oval granted planning consent
The Oval cricket ground in Kennington, south London has been granted planning consent for a £35m redevelopment.
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Tesco gets go ahead in Wrexham
Tesco and J Ross Developments have been given the go ahead for redevelopment of the NEWI Cefn Druids Football Club's Plas Kynaston Lane ground.
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4Recycling lands in Beeley Wood
National recycling company 4Recycling has taken a new unit at Beeley Wood Recycling Village in South Yorkshire.
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Greater Manchester Pension Fund appoints Sanderson Weatherall
The Greater Manchester Pension Fund (GMPF) has appointed Sanderson Weatherall to manage its 1m sq ft commercial property portfolio.
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Prologis European Properties extends Spanish electric lease
Prologis European Properties (PEPR), the largest pan-European owner of distribution and logistics facilities, has extended the lease on a 302,468 sq ft unit in Spain let to Schneider Electric.