All Property Week articles in 11 May 2007
View all stories from this issue.
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Benson Elliot reveal Spanish plans
Benson Elliot Capital Management, the private equity real estate firm founded by Marc Mogull, today revealed details of its debut development joint venture on Spain’s Costa Dorada.
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Blackstone completes £1bn Centre Parcs refinancing
Blackstone has completed a £1bn refinancing of Center Parcs a year after buying the village holiday business. Daily Telegraph
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Starbucks to go in airports
Peter Williams, chief executive of the airport retail operator and airline caterer Alpha Airports, has agreed a tie-up with coffee seller Starbucks. Daily Telegraph
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'Man in street' property investment up 18%
Research from the Association of Real Estate Property show that unit trusts aimed at UK retail investors have soared in popularity. Financial Times
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Secret talks over twin supercasinos
Government insiders say plans plans are afoot that will result in proposals for two super-casinos - in Manchester, as originally planned, and Blackpool - being proposed to a committee of MPs within weeks. The Observer
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Sainsbury's property rockets to £10bn
Sainsbury's chief executive Justin King is this week expected to reveal this week that its supermarket estate is worth in the region of £10bn. The Observer
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Lords urged to kill home packs
Politicians in the House of Lords are being urged to block plans to introduce home information packs. Sunday Telegraph
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Conflict concerns over hotel REIT float
Prospective investors in the £2bn flotation of hotel company Vector Hospitality have started to raise concerns about potential conflicts of interest in the new company’s management structure. Sunday Telegraph
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Foster to build Abu Dhabi desert city
Lord Foster is to create the world’s first city powered entirely by renewable energy in Abu Dhabi. Sunday Times
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Brown to build five green towns
Gordon Brown has announced that he will create five new environmentally friendly towns when he becomes prime minister. Sunday Times. Sunday Telegraph
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EMPTY THREAT: Lib Dems join row over rate relief raid
The Liberal Democrats this weekend accused Gordon Brown of carrying out a £3bn stealth-tax raid on British pensions and funds by slashing business rate relief on empty property. Sunday Times
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Strutt & Parker loses High Court battle
Strutt & Parker lost its negligence case in the High Court today. But the damages awarded were only a fraction of the £180m originally claimed against it
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Property Week crowned UK's top business weekly
Property Week on Wednesday achieved an outstanding double success at the magazine industry’s biggest awards ceremony
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Canary Wharf flies high with six lettings
Canary Wharf Group is continuing to put pressure on the City for the title of London’s premier business community as financial institutions and blue chip companies continue to flock to the Docklands
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RICS Scotland elects first female chairman
The Royal Institution of Chartered Surveyors in Scotland has elected its first female chairman in its 110-year history
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Countryside and Quintain: green light for £250m scheme
Countryside Properties and Quintain have achieved the go-ahead for their £250m City Park Gate mixed-use development in Birmingham, it was revealed this morning.
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Marston’s seals AAIM pub sale
Marston’s, the Midlands brewer and pub operator, confirmed the sale of 279 of its tenanted pubs for £82.5m in cash to AAIM, the property investment firm backed by Manchester United manager Sir Alex Ferguson and pop music impresario Simon Cowell. The Times. Financial Times
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OnlineShell-Mex sale imminent
Shell-Mex House, the famous art deco landmark on London’s Strand, is poised to be sold after nearly 18 months on the market.
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Marston’s seals AAIM pub sale
Marston’s, the Midlands brewer and pub operator, confirmed the sale of 279 of its tenanted pubs for £82.5m in cash to AAIM, the property investment firm backed by Manchester United manager Sir Alex Ferguson and pop music impresario Simon Cowell. The Times. Financial Times
