All Property Week articles in 11 July 2008 – Page 6
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News
Savills and DTZ give downbeat outlook
The two largest UK-listed property services firms added to property’s woes this week, saying the downturn that has hit the UK is spreading quickly to other markets. A gloomy trading statement from Savills , which hinted at redundancies to come, led its corporate broker to cut profit forecasts by 16%, ...
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Online
Stelios slams Dixon in press slander row
Easyjet founder’s dispute with Regus boss escalates over FT interview
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News
Make REIT foreign subsidiary dividends tax-exempt
Melville Rodrigues reviews the Treasury’s proposed changes to the taxation of foreign profits
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News
LandSecs and DevSecs shares rise
Shares in Land Securities and Development Securities rose by more than 2%, against the prevailing market trend, to 1230p and 286p respectively after Merrill Lynch upgraded the shares from underperform to neutral.
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Insight
Empty rates force rise in demolitions
With the wrecking ball swinging, Jennifer Rigby continues our campaign against empty rates
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News
Pizza Express delivery in Mailbox
Pizza Express has taken a 3,000 sq ft restaurant at Birmingham’s Mailbox.
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News
Swiss foundation’s Spanish debut
The Swiss Foundation for International Real Estate Investments has bought a shed in Malaga from Grupo Prado for €8.9m (£7m) in its first deal in Spain.
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News
Cushman expands the reign of Spain
Spain’s not had a bad sporting year so far: the football team are Euro 2008 champions and Rafael Nadal (eventually) beat Roger Federer to win Wimbledon this week.
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News
Gladman plans in Cullompton
Gladman Developments has drawn up plans for 150,000 sq ft of office and industrial space at Cullompton Business Park, on junction 28 of the M5 in Devon.
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Markets
No spec in west corridor
No speculative development is due to start in the western corridor this year, predicts Jones Lang LaSalle.
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News
Cordea launches core Euro fund
Cordea Savills is to launch a core European property fund aimed at investing in the continent’s mature property markets.
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Professional
Russell Cooke promotes to partner
London-based law firm Russell Cooke has promoted two of its property lawyers to partner.
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News
Manchester park cleans up with Cussons
Goodman has secured a key prelet at its Manchester Business Park in a lift for the south Manchester office market.
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News
Thales takes Virgin City floor
Virgin Media, advised by Atisreal, has sublet the remaining space at Land Securities’ the Quadrant, 17 Thomas More Square, on the fringe of the City of London, to Thales UK.
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Online
City Lofts founder sets up global ‘prime’ venture
Co-founder of collapsed resi developer Mansoori-Dara sets up with Middle Eastern backer
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News
Roth is Ernst & Young’s new global property chief
Ernst & Young has appointed Howard Roth as head of its global property division.
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News
Trio vie for Cheapside scheme
Three tenants are vying to occupy St Martins Property Group’s 87,000 sq ft 150 Cheapside scheme in the City of London.
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Professional
Electricity connection charges
Question: We want to develop land with an electricity substation on it. When we asked the supplier for a quote for connection, it informed us the substation needed upgrading. Are we liable to pay for the full amount of the upgrade?
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News
Schroders to plough cash into farm land
Schroders is set to launch an agricultural land fund to capitalise on growing demand in the sector.