All Property Week articles in 13 July 2007 – Page 11
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LandSecs wins walkie talkie green light
Land Securities has won permission for its 39 storey ‘walkie talkie’ tower at 20 Fenchurch Street in the City of London.
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M&S cleans up at Retail and Leisure Awards
Marks & Spencer stole the show at last night's Retail and Leisure Awards Property Awards, winning three prizes in front of almost 1,000 guests.
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British Retail Consortium slams empty rates consultation
The BRC has called the government’s consultation on its proposed empty rates legislation a ‘sham’ and a ‘desperate attempt’ by Gordon Brown to portray the government as business friendly.
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DTZ confirms Donaldsons buy
DTZ has confirmed that it has bought retail specialist Donaldsons for £39.8m and a deferred consideration of up to £8.8m.
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China Ocean to spend $3bn on Philippine ports
One of China’s largest shipping companies has announced plans to invest $3bn in projects in the Philippines, including a new cargo-handling hub. Financial Times
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MPs warn of Olympics shortfall
The spiralling cost of the 2012 Olympics has left the government financially exposed, the Commons public accounts committee has warned. Financial Times
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King Sturge sells Kwik Saves
King Sturge has been appointed by administrator KPMG to Kwik Save to sell off its property assets. The Times. The Guardian
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REO’s £100m Battersea fundraising
Real Estate Opportunities, the owner of Battersea Power Station in south London, is plotting to raise more than £100m in a share placing to start construction on the landmark site, which has been derelict for 25 years. The Times. Financial Times
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Bovis sees slump in homebuyer confidence
Bovis has reported that demand for its properties has all but dried up and that average sale prices are stagnating. The Times. Daily Telegraph. The Independent. The Guardian. Financial Times
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Kent Reliance seeks Welsh home
The Kent Reliance Building Society is seeking to move its UK headquarters to Wales, in the run-up to its transformation into the Internet Building Society, which is due to take place next year. The Independent
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St Modwen rides high on valuations
St Modwen’s profits jumped 48% in the first half, helped by higher property valuations. Daily Telegraph. Financial Times. The Times
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Weather fails to dampen high street sales
CONSUMERS have continued spending despite rising interest rates, prompting fears that the Bank of England will have to raise rates to 6%. Financial Times. The Independent. Daily Telegraph
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Flood-prone property insurance warning
Insurance cover for commercial and industrial properties in flood-prone regions could become more expensive, or even unavailable, following the recent deluge in South Yorkshire and Humberside, German insurer Allianz, has warned. Financial Times
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Absolute snaps up east Euro property fund
Mallorca-based hedge fund manager Absolute Capital Management took over fellow AIM-listed North Real Estate Opportunities Fund yesterday. Financial Times