All Property Week articles in 12 March 2004 – Page 3
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News
Hull city centre masterplan unveiled
Hull’s Urban Regeneration company Citibuild launched its masterplan for the regeneration of the city this week at the MIPIM conference in Cannes. Under the plan, Hull’s centre will be transformed into offices, retail and leisure at five key areas, including the waterfront. The regeneration aims to propel Hull into the ...
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News
Duo set to strengthen celebrity fund manager
Active Asset investment Management, the fund manager backed by sports celebrities such as Manchester United manager Sir Alex Ferguson and Leeds United striker Alan Smith, has made two key appointments. Jo Costello joins from Deloitte & Touch Corporate Finance as chief financial officer and is expected to take up a ...
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Professional
MIPIM: pleasure or strictly business?
How to get the most out of property's biggest event
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Markets
Open for business
After the success of Gateshead Quays, Newcastle's poor relation is hungry for more – so it's time to bring on a whole new city centre.
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News
Brascan's Wharf offer 'fair'
The board of Canary Wharf Group, which has recommended a 275p-a-share offer from a consortium led by Morgan Stanley, has conceded that a similar bid from a rival consortium led by Brascan is 'fair and reasonable'. However, it has held back from recommending the Brascan deal in case Morgan ...
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News
Morgan Williams branches out
Morgan Williams, the London-based niche investment firm, is going into the asset management business. Adam Kerr, investment director at Merrill Lynch Investment Managers, will join the firm in May to take on the asset management work for the firm's institutional clients and its expanding private client business. The move ...
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News
Southampton planners block city tower scheme
Developers go back to drawing board as 16-storey development is deemed too tall
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News
Bilton and Hirsch to sell Swan Hill
Entrepreneurs put housebuilder on market following November takeover
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Markets
Gateshead's big match
One NorthEast and UK Land Estates are about to embark on one of the largest property deals ever to have taken place in the region.
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News
Hyman and Reid launch bid for split cap
BFS Managed Properties, a property-dominated split-capital investment trust, has received a bid approach. HR Properties, a company controlled by two of BFS's directors, Harry Hyman and Tony Reid, is preparing to submit a 20.25p-a-share offer, which would value BFS's ordinary shares at £17.8m. This is just below BFS's net asset ...
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Insight
An effective asylum policy requires realism, not racism
You can't avoid the arguments over immigration and asylum in this country, even if you want to. No other subject provokes such fierce emotions, and from time to time the arguments and resentments spill over and real violence erupts. The political classes routinely condemn that violence, and they are right ...
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Professional
French prison instruction for Allen & Overy
Allen & Overy has been chosen by the French Ministry of Justice to advise on a prison construction programme. It will work alongside Société Générale Group to give legal and financial advice for a public-private partnership scheme to build 18 prisons for ¤900m (£602). Allen & Overy will advise on ...
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Professional
Agents hit out at VOA bills mistake
The Valuation Office Agency has been criticised by agents after giving local authorities the wrong figure for calculating business rates bills. The VOA has sent letters of apology to local authorities for wrongly assessing the level of inflation used to adjust this year’s bills. Local authorities are reprinting thousands of ...
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News
CBRE plucks London star for agency team
CB Richard Ellis has strengthened its London West End agency team by appointing a rising star from Cushman & Wakefield Healey & Baker ’s City office. Emma Crawford is joining as a director in Stewart Smith’s West End team, having resigned from CWHB last week. She had been a ...
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News
Savills soars after results
Savills and DTZ were two of the property share stars last week in the wake of Savills ’ record annual profits. Savills ended the week at 419.5p, a rise of almost 4%, after it reported a 73% increase in pretax profits to £35.3m for 2003. Shares in its ...
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Professional
RICS website money laundering advice
The RICS has posted advice on how to comply with new money laundering regulations at its website, www.rics.org. Property professionals are required to make more in-depth checks on a buyer’s credentials in transactions of more than ¤15,000 (£10,040). The new regulations affect auctioneers and estate agents in particular.
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News
HBoS fund chief to fill asset advice gap
Changes at fund management arm leave Goble with ‘too narrow’ role
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News
Prudential adds some MIPIM chic to portfolio
When not tramping through itS conference centre or guzzling champagne in the numerous bars, visitors to MIPIM this week will usually be found on the Rue d’Antibes, Cannes’ top shopping street. The property team at Prudential will need no excuse to visit the street, as they have agreed to ...
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Professional
Brown's balancing act
The chancellor has the difficult task in the Budget of filling the gap between his spending and tax receipts.
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News
£85m Little Britain deal is Resolution's City debut
Robert Laurence's company takes Nippon Life's half share of EC1 office block
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