All Property Week articles in 06 March 2009 – Page 3
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Bread maker bakes more space at Segro’s Woodside
Bread products producer Honeytop has taken more than 56,000 sq ft at Segro’s Woodside Industrial Estate in Dunstable, Bedfordshire.
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New York Times Company scores $225m sale-and-leaseback
The New York Times Company – publisher of the New York Times and the International Herald Tribune – has sold part of the space it owns and occupies in its New York headquarters to US sale-and-leaseback specialist W.P. Carey & Co for $225m (£162m).
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Colliers invoice supervisor set up ‘bogus businesses’ to steal thousands, High Court rules
A former accounts worker at Colliers CRE deliberately created false invoices in order to steal more than £150,000 from her employer, the High Court ruled today.
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MIPIM 2009: Brum developer plans £125m tower
Midlands developer Regal Property Group has unveiled plans for one of Birmingham’s largest towers, which it plans to build on Broad Street in the city.
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Macdonald Estates announces development plans
Macdonald Estates is to submit 12 major planning applications across Scotland in 2009.
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Colmore Business District BID gets yes vote
Businesses in Birmingham’s city centre have voted in support of setting up a Business Improvement District (BID) around the Colmore Row area of the city.
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StatoilHydro picks CBRE for global real estate advice
Norwegian energy company StatoilHydro has appointed CB Richard Ellis as its preferred global real estate provider of transaction and project management services.
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Funding secured for Corby Enterprise Centre
Bela Partnership – a joint venture between Bee Bee Developments and the Lagan Group – has picked a site and secured funding for a new enterprise centre to be built in Corby.
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Former Mosaic chain Principles sold to Debenhams but shops will close
Womenswear chain Principles has been sold to department store chain Debenhams after it went into administration.
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Netto and Iceland team up in three locations
Netto, the discount supermarket chain, has teamed up with frozen food chain Iceland on three schemes in Huddersfield, Birkenhead and Sunderland.
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UK's largest data centre receives planning permission
European data centre developer e-shelter has received planning permission for the largest campus-style data centre.
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Knight Frank Prime Central London Index
Price falls in prime central London continue, but at a slower rate finds Knight Frank.
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David Harper Sailing Blog - 4
The following morning started at 6.30am – it was still cold, and all of us had been kept up by a tremendous storm that was overhead- it was quite scary to think we would probably be going out in that storm in the morning, although as it turned out the ...
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Magnate calls bottom of Indian market
Real estate magnate Niranajan Hiranandani does not expect property prices, which have corrected by about 25% over the past year, to decline any further.
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Troubled Centro reorganises at the top
Centro Properties Group has reshuffled its senior executive team in Australia to lead the company after it successfully renegotiated debt arrangements with its lenders earlier in the year.
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Rating agency puts GPT on watch list
Moody's Investors Service yesterday placed GPT Group on review for a possible ratings downgrade.
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Rate cuts boost Oz first-time buyers
Three-quarters of first-home buyers are planning to buy a house as lower interest rates and cheaper dwellings make their dream more affordable, a survey says.
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Hongkong Land posts first loss since 2003
Hongkong Land Holdings, the biggest landlord in Central, yesterday reported its first annual net loss since 2003 in the wake of slumping property markets in Hong Kong and Singapore.
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Arabtec Saudi jv
Arabtec Construction, a subsidiary of Arabtec Holding, has formed a joint venture with two Saudi partners to establish Arabtec Saudi Arabia.
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Buyers demand Hydra guara
A group of property buyers is asking Hydra Properties to guarantee its investments as the market for home sales slows in Abu Dhabi.