All Property Week articles in 08 February 2008 – Page 10
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News
Quintain adds £300m debt facility
Quintain Estates & Development, the developer behind ambitious plans to regenerate the Greenwich Peninsula and Wembley in London, has raised its debt facilities by £300m to take advantage of property investment opportunities in the UK. Financial Times, The Times
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CBRE to post slump-defying figures
CB Richard Ellis today is to reveal a 50% growth in its global revenues to about $6bn (£3bn) in 2007, in spite of a slump in certain property markets at the tail end of the year. Financial Times, Daily Telegraph
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Dubai developer eyes Moscow new town
Limitless, a Dubai developer, yesterday announced plans to help create a new town outside Moscow, broadening the Gulf emirate’s international property ambitions from developed economies to the fast-growing emerging markets. Financial Times
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Buy-to-let impact 'only moderate'
The boom in buy-to-let investing has had only a moderate impact on rising house prices, new research has found, challenging the belief that buy-to-let investors have priced first-time buyers out of the housing market. Financial Times
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Property defaults risk grows
There is a growing risk of defaults on loans on commercial property this year, in a trend that could spill over into tumbling values and create more jitters in the credit world, analysts and bankers warn. Financial Times
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Northern Rock no 'gravy train' says Virgin chief
Taking over Northern Rock is not a ticket for a “gravy train”, the man leading Virgin’s bid for the stricken lender said last night as he tried to counter suggestions that the consortium would make a killing at the taxpayers’ expense. Financial Times
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Housing market fear hits Central London
More evidence of the weakening housing market emerged yesterday when figures showed that house prices had fallen by 1% in the three months to January. The Times
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Property shares down
Property shares dipped after John Fraser Andrews of HSBC said that the recent mini-rally in property stocks was a false dawn and that a long period of below-inflation rent rises was in store. The Times
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Readymix hit by housing slowdown
Readymix, the Irish subsidiary of Cemex, the Mexican cement group, has become the latest Irish company to warn of the impact of the housing slowdown. Financial Times
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Interest rate pressure mounts on ECB
Financial market turbulence has knocked eurozone economic growth prospects more than previously thought, according to a survey that could increase pressure on the European Central Bank to open the way for interest rate cuts. Financial Times
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Online
New association to boost buy-to-let reputation
A new trade association for the buy-to-let industry was launched today to improve public perceptions of the sector.
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Online
Silverstone redevelopment motors on
An extreme sports complex, a business park and two hotels are being planned in a bid to secure the future of the British Grand Prix at Silverstone.
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Gladedale to double Aberdeen shopping centre
Gladedale Capital has submitted plans to nearly double the size of Westhill Shopping Centre in Aberdeen.
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Grainger/Helical Bar win £110 Hammersmith redevelopment
Hammersmith and Fulham Council has selected Grainger and Helical Bar for its £110m redevelopment project.