All Property Week articles in 12 December 2008 – Page 2
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News
ECB president warns in fiscal rules
European policymakers must not tear up the rule books when launching emergency economic rescue packages, Jean-Claude Trichet, the European Central Bank president, has urged.
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News
Kingfisher urges monthly rents
Kingfisher, the home improvement retail group that owns B&Q and Castorama, will this week make a broad appeal to property landlords to switch all retailers’ rent payments from quarterly to monthly, to free up extra cash.
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Online
Liberty International ponders cash call
Liberty International, the blue-chip property company that owns Lakeside, Thurrock and London’s Covent Garden market, is examining fund raising options including a rights issue to bolster its balance sheet.
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Online
Bratislava Property Market Q3 2008
The National Statistical Office announced year-on-year (y-o-y) GDP growth of 7.6% in Q2 2008. This is in line with consistent GDP growth in the last few years, which has resulted in Slovakia having one of the highest GDP growth rates in Europe.
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Online
City West takes 22,000 sq ft in Eccles office
City West Housing Trust has leased nearly 22,000 sq ft in Centenary House in Eccles.
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Online
Total property returns to surpass 1990 levels
UK commercial property returns this year are set to be the worst for 18 years.
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Online
Mark Kingston to leave Tishman Speyer
Tishman Speyer’s managing director in the UK Mark Kingston is leaving the company.
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Online
HBOS shareholders approve takeover
The takeover of HBOS by Lloyds TSB was approved after HBOS received the support of its shareholders.
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News
Dubai's housing market 'reaching tipping point'
Dubai’s housing market could be approaching ‘tipping point’ as investors continue to exit the market and the availability of debt dries up, according to HSBC.
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Online
Capital & Regional funds suffer more woe in November
Capital & Regional, the co-investment retail and leisure property fund manager, suffered a weak November in its three funds.
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Online
Rugby directors set up new company
Two directors leaving Rugby Estates have set up a company together, Brookshire Investments Ltd.
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Online
HBOS reveals sharp rise in impairment charges
HBOS this morning warned that its bad debts and other losses, including property, this year had jumped by two thirds in just two months to £8bn just hours before a vote on its takeover by Lloyds TSB.
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Online
McGrath to buy controlling stake in socialist newspaper
F&C Reit's director Kevin McGrath is in talks to buy left wing newspaper the Tribune
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Online
Manchester rejects congestion charge
The people of Greater Manchester have rejected the introduction of a congestion charge in the city.
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News
Property sales plummet in Australia
Commercial property sales in Australia have plummeted by 65% on 2007, hitting the lowest level for 14 years.
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Online
Exemplar Properties to redevelop the Canadian High Commission
Exemplar Properties has been selected by the Canadian High Commission as its preferred partner for the redevelopment of its MacDonald House building on Grosvenor Square building in London’s West End.
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Online
Housebuilder Gleeson replaces chief executive
Paul Wallwork has resigned as chief executive of Gleeson, the listed urban regeneration and strategic land specialist.
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Online
Invista faces uphill struggle in Celsius refinancing
Invista Real Estate Investment Management said today that the refinancing of a soon-to-expire E142m (£127m) loan for its French joint venture company, Celsius, would be ‘unlikely’.
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Online
$500m ProLogis loan note offer
Global logistics developer ProLogis has launched a tender offer to buy $500m (£334m) back of its loan notes at 70% of their nominal value.
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Professional
Reinstatement obligations
Can I require my tenant to reinstate alterations at the end of its lease, if the alterations were carried out during a prior lease with that same tenant?