All Property Week articles in 12 December 2008 – Page 4
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Insight
Correction
We stated in the article ‘ProLogis and AMB freeze expansion to steady finance’ (Property Week, 28.11.08) that a 65 acre former Peugeot site was being sold by the Barclay brothers at Ryton in Coventry for around £40m.
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News
Corestate seizes opportunities for new property fund
Corestate Capital Aims to begin fundraising for an opportunistic property fund in the new year.
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Online
Tesco and Waitrose swoop for Co-op stores
Rivals follow Morrisons in taking stores to allow takeover of Somerfield to go ahead
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News
Wrenbridge launches ‘development consultancy’
Wrenbridge aims to sell its property experience to other businesses in the tougher economic climate.
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News
Middle Easterners check out hotel
Several Middle Eastern investors are in talks to buy the Royal Bank of Scotland ’s Grosvenor House hotel on London ’s Park Lane, among them Kuwaiti-backed investor Adeem.
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News
Climate changes as Titchen joins Qataris
Former Grosvenor man swaps Climate Change Capital for Qatari Diar
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Professional
Property services firms try to cash in on corporate recovery
Corporate recovery is the hot new market for agents
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News
Carphone Ross property loans ‘currently not in default’
Spotlight falls on boss’s £250m property investments with Kandahar and Morgan Stanley
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Professional
Committee sets tough carbon cuts target
The UK Green Building Council has welcomed tough targets on cutting greenhouse gas emissions set by the Committee on Climate Change last week.
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Markets
Campus Living moves into UK student halls
Australians pay Salford University £11m for 755 flats
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News
Wrenbridge sells Cambs offices
Wrenbridge has sold Lloyds House in Cambridge to Howard Group for £6.7m – an initial yield of 6.7%.
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Online
Buy-to-let king wants Tchenguiz tie-up
Instant Access founder may sell members’ properties to new vehicle
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News
Citicourt buys UK portfolio
Citicourt Investment Partners has made its first deal since securing equity funding from investors in New York and the Middle East for a UK investment drive. It has bought a £70m portfolio, totalling 970,000 sq ft, from Henderson and Threadneedle.
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Online
Peel in talks to buy Grid’s Kent port site
Developer to spend £100m on National Grid’s 1,000 acres at Isle of Grain
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News
Burns strikes up on his own
Barry Burns, investment director at Harvey Soning’s property consultancy, James Andrew International, is leaving after 14 years to set up ABB Property Consultancy.
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Markets
The bubble bursts
Ballsbridge is becoming a test case for how developers cope with land bought during the boom
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Online
Brush sweeps in
RREEF man back with a bang as driving force behind $1.5bn global opportunity fund
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News
Global view: Jonathan Brasse
In a global recession, the term ‘emerging countries’ becomes a misnomer, as the Bulgarias and Montenegros struggle from a drying-up of foreign capital.