All Property Week articles in 05 November 2010 – Page 2
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Savills: Commercial Development Activity - October 2010
Commercial developers remain pessimistic over future business prospects in the three months ahead. However, the degree of negative sentiment eased in September from August’s eighteen-month low.
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Gerald Eve: Legal and Parliamentary Evebrief - October 2010
The Department for Communities and Local Government will see a 70% drop in its Quangos, including the Infrastructure Planning Commission (function going into the Planning Inspectorate as the Major Infrastructure Planning Unit) and the Olympic Park Legacy Company (function going to the Mayor’s office).
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CB Richard Ellis Central London Marketview - Q3 2010
Boosted by UBS’s pre-let of 700,000 sq ft, take-up for the third quarter rose to 3.5m sq ft which was a 27% increase on the previous quarter and 12% above the long-term average.
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Rok goes into administration
Rok, the London-listed construction group, has gone into administration today.
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£450m Chiswick Park sale
The fund that owns the Chiswick Park business park has put the scheme up for sale for £450m.
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Residential Land hires former Cluttons senior partner
Richard Cotton, the former senior partner at Cluttons, has been appointed as property director of Residential Land, central London’s largest private landlord.
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St James's Hotel and Club sold
The St James’s Hotel and Club has been bought by Far Eastern-based investors for around £60m.
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Vision for York takes shape
The city of York has launched ‘New City Beautiful’- a vision document for York drawn up by a team led by urbanist Professor Alan Simpson.
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Rockspring buys industrial estate near Heathrow
Rockspring’s Hanover Property Unit Trust has bought the Court Lane Industrial Estate in Iver, Buckinghamshire, for £12.6m.
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Barker-Mill wins permission for 350 houses at inquiry
Barker-Mill Estates has secured planning permission for 350 houses on Redbridge Lane near Southampton after a public inquiry.
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Co-operative refinances Ladysmith shopping centre
The Co-operative Bank has provided a £36m loan to refinance the Ladysmith Shopping Centre in Greater Manchester.
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RBS to halt Irish development lending
Royal Bank of Scotland today revealed that it has taken a strategic decision to stop lending on early stage developments through its Northern Irish subsidiary Ulster Bank.
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New Connaught debt discovered
The administrators of property services firm Connaught believe the amount owed to unsecured creditors could be as much as £100m, the Financial Times reports.
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UPP completes £24m Kent student investment deal
UPP has completed a £24m transaction with the University of Kent to build a new student accommodation facility.
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City Property Association calls for better design following CABE wind up
The City Property Association this week called on the City to continue to emphasise and champion good design following the decision to wind up the Commission for Architecture and the Built Environment following the Spending Review.
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Wilson Bowden wins Wokingham work
Wilson Bowden Developments has been selected by Wokingham Borough Council as its development partner for the £100m regeneration of the town centre.
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Unite reveals ambitious development plans
Unite Group has a construction pipeline of 2,300 student beds in London between 2012 and 2014, according to its latest interim management statement.
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London & Stamford buys £82m distribution portfolio
London Stamford has bought the £82m Lojix distribution portfolio from Harbert Management Corporation.
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St James office take up is twice level of previous year
Take up in the St James office market, in London’s West End, in the last year reached 253,523 sq ft, twice the level of the previous year, BNP Paribas Real Estate research has found.
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West End secures 185,000 sq ft of lettings
Central Saint Giles, in London’s West End, has secured another tenant with Universal Pictures having gone under offer on 107,000 sq ft, as tipped by Property Week.