All Property Week articles in 06 June 2008 – Page 2
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Online
Commercial property will not recover until 2010, IPF says
The commercial property sector will not recover until 2010, a leading indicator of market sentiment said today.
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Online
McKay Securities reports 20% NAV drop
McKay Securities today reported that its net asset value slumped by 20in the year to March 31.
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Online
Bellway makes 250 redundant
Housebuilder Bellway is axing 250 jobs across the country after reporting poor sales figures yesterday.
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Online
Whittaker builds £260m Land Securities stake
Reclusive property billionaire John Whittaker has emerged as the source of a £260m stake-building in Land Securities using an offshore company called Albright Investments.
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News
House prices 'turning into a rout'
House prices fell for a fourth successive month in May, taking the annual rate of decline to levels last experienced in the early 1990s property slump, a survey by Halifax showed yesterday.
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News
Newcastle Brown site to be science quarter
Designs for the £700m transformation of the site where Newcastle Brown Ale was brewed for decades into Europe’s finest science quarter have been unveiled.
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News
Slade sees worse to come
Mike Slade, Helical Bar chief executive, warned that the worst was still to come for the property market as the company revealed a loss in its full year results.
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News
Bellway says spring season failed
The housing market is deteriorating at a much faster rate than it did during the recession of the early 1990s, according to house builder Bellway, as expectancy grew in the City that some UK house builders could be forced to raise capital to shore up their balance sheets.
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News
Northern Rock pushes remortgage business to Lloyds
Northern Rock has signed a deal with Lloyds TSB, allowing its rival to cherry-pick its best fixed-rate customers so that the nationalised bank can shrink its mortgage book and repay the Bank of England's loan.
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News
Planning bill vote delayed
A crucial Commons vote on planning reforms was yesterday delayed by a fortnight by the government, putting off a confrontation with Labour rebels until 23 June.
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OnlineProperty's Got Talent!
Party Near the Park, the property industry’s annual mega-talent show, raised more than £130,000 for Land Aid and the Unicorn Theatre last night.
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Online
Last weekend to enter for chance to win property millions
Property Entrepreneurs have only one weekend left to secure their share of £30million in funding, as the entry period for the biggest business prize in real estate is drawing to a close.
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News
Brown confident of Brussels backing over Rock
Gordon Brown said yesterday he was 'confident' the government’s rescue package for Northern Rock would be waved through by Brussels, in spite of concerns raised about the deal.
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News
Balfour Beatty in US buy
Balfour Beatty, the construction group, said Heery International, its US professional and technical services arm, has acquired Douglas E Barnhart, the Californian construction management company, for $116m (£59m).
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News
ECB stuns with rate warning
There were fears yesterday that the Bank of England could raise interest rates after the European Central Bank issued a surprise warning that surging inflation could force it to lift eurozone rates as early as next month.
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Insight
Sustainability is yet to be taken seriously
Sir, I recently Attended THE THINK 08 conference at Excel and had time to ponder the plethora of brochures on climate change, lectures on sustainability issues and impassioned appeals to make the world better for our successors.
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News
Wolves student village project
A £37m, 225,000 sq ft student village featuring four buildings and 750 units, including a 25-storey tower off Wednesfield Road, within Wolverhampton’s Canal Quarter, has won planning consent.
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MarketsA Private Panacea
How many consultations does it take to change housing policy? Ten. One Callcutt, one Hills, one Cave, two Barkers, a Rugg for good measure, one planning bill, one housing and regeneration bill, and two Green papers. If time were money, then the time spent on the above consultations could ...
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