All Property Week articles in 11 July 2008 – Page 9
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Professional
LionHeart appeals for support from surveyors
Surveyors need to look closer to home when donating to charity
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Markets
Tories aim to cut regional quangos’ planning powers
Shadow business secretary Alan Duncan plans to overhaul RDAs.
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News
Crown Estate best in fields after outgunning rivals
Rural division rises 27% in value, taking total portfolio valuation to £7.3bn
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News
Leeds’ 952-flat Lumiere tower gets snuffed
Developers KW Linfoot and Frasers Property have put their Lumiere Leeds tower on hold.
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News
88 Wood Street scheme under offer
ING Real Estate Investment Management has placed its Lord Rogers-designed, 247,689 sq ft 88 Wood Street office scheme in the City of London under offer.
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News
Commerz Real’s €80m Paris buy
Asset manager Commerz Real has bought a newly developed 134,000 sq ft office building to the south-west of Paris.
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Online
Lone Star is loan star with €700m debt deal
Investor beats crunch to raise debt for Deutsche Post portfolio buy
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News
Watford sale at ‘realistic’ 6.85%
Henderson Global Investors’s Caspar Property Fund has sold an office building in Watford to IM Properties for £22.5m – a net initial yield of 6.85%.
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News
Unite’s 5% NAV increase
The net asset value of Unite’s student accommodation fund rose 5% in the quarter to 30 June.
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News
Westfield launches plan for £320m shopping centre
Westfield last week launched its leasing plan for its £320m Bradford shopping centre.
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Markets
£30m Spirit Business Village set to start in September
Liverpool-based Property First Asset Management starts work in September on its £30m Spirit Business Village, where it is building 200,000 sq ft of serviced and managed office space.
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News
Bellwether Allsop posts lowest auction rate since 1995
The auction room was a pessimistic indicator for the wider market on Monday, as Allsop posted its lowest success rate since 1995.
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News
Chase Midland collapse leaves 150 jobless
Chase Midland, the Midlands residential and commercial developer, has gone into administration, leading to the loss of more than 150 jobs.
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Online
LXB and HBOS form £150m distressed land fund
Regenco vehicle to consider retail on sites owned by ailing housebuilders
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Professional
Professional and legal – case news 11 July 2008
Jonathan Ross reports on an appeal case in which common sense prevailed over the wording of a lease, while Warren Gordon examines a row about a demonstration of good faith
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News
Realstar’s €1.2bn new fund
Realstar Group has raised €300m (£239m) of equity for a new UK and European fund.
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Insight
City Lofts appoints administrator, 07.07.08
Sir, It was only a matter of time before development of this type of property hit the buffers.
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Insight
Croydon Gateway inquiry closes with human rights plea, 06.07.08
Sir, I’m 24 and, as a young person in Croydon, I feel there is a lot to do in the borough apart from go to the usual shops, cinema and bars.
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News
Housebuilders lose 2,000
More than 2,000 jobs were shed in the listed residential sector this week, as volume housebuilders wielded the axe in a bid to cut costs.
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Online
Glasgow plans £100m Speirs Lock project
The Glasgow Canal Regeneration Partnership (GCRP) has unveiled a £100m regeneration project around the historic Speirs Lock canal in Glasgow.