All Property Week articles in 11 May 2007 – Page 9
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Network Rail chief to deliver Olympics
John Armitt, outgoing chief executive of Network Rail, was yesterday appointed as chairman of the Olympic Delivery Authority. Financial Times
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Booker to cash and carry on to AIM
Cash-and-carry group Booker is to return to the stock market through a reverse takeover of the convenience store wholesaler Blueheath Holdings. Independent. Daily Telegraph, The Times
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Intercontinental to add thousands of rooms
InterContinental Hotels Group expects to exceed its three-year plan to open 50,000 to 60,000 additional rooms by the end of 2008, and announced franchise and management deals that will add 23,000 rooms. The Times. Daily Telegraph. Financial Times
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Capital Pub float back on track
The flotation of Capital Pub Company is back on track after it appointed two new financial advisers. Daily Telegraph
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Empty rate threat looms
Plans to slash business rate relief on empty properties are expected to be published in a bill tomorrow. Financial Times
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Smoke cloud hangs over Wetherspoon
Shares in JD Wetherspoon took a dive yesterday after it warned that full-year profits would be hit by its preparations for the smoking ban in England. The Independent
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Nomura's London home for sale
Nomura is to be the next financial institution to cash in on booming City property prices with a sale and leaseback of its London headquarters. Daily Telegraph
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Boots bosses to pocket buyout windfalls
Alliance Boots chief executive Richard Baker is set to receive a £6.5m windfall when the £11.1bn buyout of the FTSE 100 health and beauty chain is completed. The Times. The Independent. Daily Telegraph. Financial Times
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REIT talk cheers Enterprise Inns
Shares in pub operator Enterprise Inns hit a record high yesterday as a Deutsche Bank analyst theorised on its possible conversion to a REIT. The Times
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Carlyle cleans up in Italy
The Carlyle Group has sold a portfolio of four Italian office buildings to Italian property fund manager BNL Fondi Immobiliari for E51.4m.
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Doughty Hanson sells up in Finland
Doughty Hanson & Co Real Estate has sold three Finnish shopping centres to ING Real Estate Investment Management for E186m (£126m).
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Boultbee wins €1bn Swedish portfolio
The UK’s Boultbee Asset Management has won the hotly contested race to buy a €1bn (£680m) retail portfolio in Sweden.
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Ken identifies 'opportunity areas' of the capital
The skyline in central London and the West End could be blighted by tall buildings if Ken Livingstone wins new planning powers, Westminster City Council warned today.
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OnlineODA appoints Network Rail chief
John Armitt has been appointed chair of the Olympic Delivery Authority.
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CBI calls for streamlining of planning system
The CBI warned this morning the planning system would be hobbled by lengthy appeals and inquiries unless the government streamlines the system.
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City HSBC could become luxury hotel
The Sir Edwin Lutyens-designed HSBC branch on the corner of Princes Street and Poultry in the City of London has a new owner who could converted it into a luxury hotel. The Times
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High street sales remain robust
High street activity remained strong in April, according to the latest British Retail Consortium statistics. The Times
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Deutsche Land Mainz business
AIM-listed investor in German property, Deutsche Land, has bought a batch of offices and a warehouse in Mainz for €91m. The Times
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New build is worst for buy to let
New-build property is the worst buy-to-let investment in the present financial climate, industry experts have warned. Daily Telegraph
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Green certificates for buy to let
The government confirmed last night that it was to extend the requirement for energy performance certificates, part of its controversial home information pack, to rental property in October next year. Daily Telegraph
