All Property Week articles in 07 September 2007 – Page 2
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Online
Norwich’s Euro fund goes on €140m spending spree
Norwich Union’s European Property Fund has bought €140m (£95m) of property, taking the value of its portfolio over the €400m mark.
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News
HR Owen may go under offer
HR Owen, the car retailer, said it has received an indicative offer for the company, which may or may not lead to a formal offer. The Times
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News
Metnor profits rise
Metnor Group, the property company, has reported increased first-half pretax profits of £1.03m, compared with £744,000 last year. The Times
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News
Galliford Try boosted by flood work, Olympics and house sales
Galliford Try, the construction and housebuilding group, announced a 63% rise in full-year pretax profits to £53m. The Times
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News
Housebuilders race for first carbon-neutral village
English Partnerships has drawn up a shortlist of five housebuilders to bid for the site for Britain’s first carbon-neutral village. The Times
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News
Government to crack down on land banking
Loopholes that allow developers to sit on valuable land for years without building on it are to be closed by the government in an attempt to boost the number of new homes. The Guardian
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News
Credit crunch bites into property lending
Investors are finding it harder to borrow against property assets as banks tighten their loan criteria amid the credit crunch. Financial Times
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News
Hull’s World Trade Centre opens
The world’s newest World Trade Centre opens doors today in Hull. Financial Times
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News
Starbucks makes its name in Russia
Starbucks opened its first coffee shop in Russia yesterday – in Khimki, just north of Moscow – two years after winning a legal battle to protect the right to use its brand name in the country. Financial Times
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News
Punch: summer profits warning ‘just a blip’
Punch Taverns dismissed its warning that profits will be hit by this summer’s weather as ‘just a blip’. The Daily Telegraph. The Independent. The Guardian. Financial Times
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MarketsA river ran through it
More than half the shops that were damaged by the recent floods at Meadowhall are still closed. Lydia Stockdale examines the repercussions for the centre and its owner, British Land
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News
Prupim serves in Wimbledon
Prupim has let 22,107 sq ft of offices at Wimbledon Bridge House on Hartfield Road in south-west London at £27.14/sq ft, to Unibet London. Knight Frank acted for Prupim; Bond Woodhouse acted for Unibet London.
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News
Now then, Now then
There was fear, anticipation and great excitement as the NB Real Estate team arrived in Fort William at the start of the Three Peaks Challenge.
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News
Wenceslas looks at Polish mall
The St Wenceslas Property Fund, managed by Mark Hunter’s Hunter Property Fund Management, has bought the Witawa Shopping Centre in Gdynia, north Poland, for €8.5m (£5.7m), reflecting a net initial yield of 7.4%. The 64,875 sq ft centre has 36 tenants and flats above the shopping area.
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MarketsThe market in minutes -Yorkshire + north Lincs
Lydia Stockdale gives you the lowdown on all the sectors across the region
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News
LandSecs split
UK’s largest REIT ponders breaking up business amid UK REITs’ poor share performance
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Insight
LandSecs shake-up is now overdue
While Land Securities is looking at its structure, you can be sure others are also looking to snap it up. Sitting at a whopping discount to net asset value, and with its shares having slumped 20% after a euphoric run, Britain’s biggest property company is under increasing pressure to ...
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News
Schroders lands in Mayfair
Global asset manager Schroder s has taken 12,082 sq ft of office space at Gracemark’s 20 North Audley Street in Mayfair at a rent of £90/sq ft on a 10-year lease. King Sturge acted for Gracemark; Jones Lang LaSalle acted for Schroder
