All Property Week articles in 09 March 2007 – Page 6
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Hunter secures £715m Crest Nicholson takeover
Sir Tom Hunter has finally secured the £715m takeover of Crest Nicholson, it was announced today.
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Macquarie Goodman to buy Rosemound
Macquarie Goodman is poised for a huge expansion of its UK logistics portfolio by purchasing sector specialist Rosemound
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Pearl takes a shine to Shaftesbury
Private property investor David Pearl said today he was interested in bidding for Shaftesbury, the quoted West End property specialist, which owns large parts of London’s Chinatown
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Online20-30-40-50
Each week we meet a property character from a different age bracket. Today, Claer Barrett meets Tony McGough, 39, head of forecasting and the economy (EMEA) at Jones Lang LaSalle
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OnlineBank of England opts against interest rate hike
The UK property industry breathed a collective sigh of relief this afternoon after the Bank of England announced it had opted against raising interest rates for the second time in three months.
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OnlineMitsubishi to open Tokyo's tallest skyscraper
Mitsubishi Estates, one of Japan’s biggest property companies, is expected to officially open Tokyo’s tallest skyscraper, the Shin-Marunouchi building within six weeks.
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Mapeley portfolio reaches £2.2bn
Mapeley’s portfolio has grown by almost a quarter to £2.2bn in its first year as a publicly-listed company
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O Twelve splashes £50m in south-east
O Twelve Estates, the Guernsey-domiciled, closed-ended investment company, has completed a £50m investment spree on three assets in south-east England
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Slough boasts 14% rise in adjusted NAV
Slough Estates chief executive Ian Coull today boasted that his company ‘entered 2006 in good shape and left it in even better shape’
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LandSecs confirms £509m spend on two major portfolios
Land Securities Trillium today sealed a phenomenal first quarter of investment activity by confirming the acquisitions of the Royal Mail and Accor Hotels portfolios for a total £509m.
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German fund manager buys Glasgow site
German fund manager IVG Immobilien has bought its first development site in Glasgow.
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Peel: no intention of UK Coal offer
Peel Holdings, the property and transport group owned by John Whittaker, today reiterated that it had no intention of making an offer UK Coal.
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Unite Group to double business size
Mark Allan, chief executive of the Unite Group, the UK’s largest provider of student accommodation, today announced plans to double the size of its business as demand for quality student housing goes from strength to strength.
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£2.2m for King Sturge partner
King Sturge partner Phil Marsden, regarded as one of the UK’s top investment advisers, earned £2.2m in the year to 30 April 2006, which makes him one of the best-paid agents in the UK.
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OnlineDevelopment Securities' Willis to retire
Development Securities today announced that Paul Willis, its joint chief executive, has decided to take early retirement citing family reasons
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Erinaceous puts aside £4.4m to cover fraud
The one-stop-shop property services group, has made a £4.4m provision to cover the alleged fraudulent valuation that was identified in its City office a year ago.
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Tchenguiz builds Sainsbury's stake to 3%
Robert Tchenguiz has built up a 3% stake in Sainsbury’s, stoking speculation that he could be involved in a bid for the retailer.
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Minerva secures CPO rights for Park Place
Minerva has moved a step closer to kickstarting development of its Park Place scheme in Croydon after securing Compulsory Purchase Order rights on land surrounding the site.
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Sainsbury's bidders given deadline
The UK's takeover watchdog has given the private equity consortium circling Sainsbury’s a bid deadline of 13 April.
