All Property Week articles in 13 March 2009 – Page 4
-
Online
Anglo Irish pulls funding on Modus’ Trinity Walk in Wakefield
Anglo Irish Asset Finance has withdrawn its development funding for Modus Properties’ 520,000 sq ft Trinity Walk Scheme in Wakefield – Modus’s only scheme under construction.
-
Online
Crossrail levy won’t work, says Snyder
City of London grandee and Crossrail champion Sir Michael Snyder has become the latest high-profile name to criticise the controversial Crossrail levy.
-
OnlineYour questions for Theo Paphitis
This week TV Dragon - and all round nice guy - Theo Paphitis will be the studio guest for our Property Week Podcast and we are giving you the chance to quiz him.
-
Online
Brixton results see 47% fall in NAV and no rights issue
Brixton’s net asset value fell nearly 47% in its full year results as it scrapped its final dividend and failed to announce a widely-expected equity raising.
-
Online
India headed toward deflation says Goldman Sachs
The Indian economy is headed towards deflation, which could raise unemployment, even as its central bank, the Reserve Bank of India, was expected to cut the cash reserve ratio by some 150 basis points, says Goldman Sachs.
-
Online
Wells Fargo and HSBC accused of racism
Wells Fargo Corp. and HSBC Holdings PLC defended their lending practices on Friday after the National Association for the Advancement of Colored People's announcement it was filing lawsuits against the two banks alleging 'systematic, institutionalized racism' in their lending to certain borrowers.
-
Online
US Mortgage rates fall
Home-mortgage rates fell this week following news of a weaker job market, which 'may slow consumer spending and keep inflation at bay,' said Freddie Mac chief economist Frank Nothaft.
-
Online
Oz house sales crash
House sales have plummeted nationally as middle and high-end owners avoid listing their properties as the financial turmoil continues.
-
Online
China insurers allowed to invest in property
The decision by the National People's Congress Standing Committee to allow mainland insurers to invest in the real estate market will provide fresh funding for cash-strapped developers, experts say.
-
Online
Soho China set to wake from 'winter sleep'
Soho China, a Beijing-based commercial property developer, is ready to pursue acquisitions after a year of inactivity.
-
Online
Eta Star focusses on core
Dubai developer ETA Star is focusing on the core demand for homes in Dubai to make it through the downturn, a company executive said.
-
Online
Trump sued over Mexico project
Donald Trump is being sued by buyers who lost millions of dollars in deposits on a failed hotel-condo in the Mexican border city of Tijuana.
-
Online
Mortgages to be capped at three times salary
Home buyers will be prevented from borrowing more than three times their annual salaries under new mortgage rules to be announced this week.
-
Online
Pidgley calls bottom of the house market
Berkeley Group boss Tony Pidgley has called the bottom of the market.
-
Online
Work starts today on Shard site
Construction of western Europe’s tallest building will begin in London today amid the gloomiest market for commercial building in decades, thanks to backing from a group of Qatari banks.
-
Online
West End weathers storm
Retailers in London’s West End say the number of shoppers visiting their stores in February held up well in spite of the recession and the loss of four days’ trading to heavy snow. Footfall figures were down just 0.4% on last February, well ahead of the national average of a ...
-
Online
Villagers vandalise Dorset 'second homes'
Villagers have daubed 'No More 2nd Homes', 'Greed' and 'Go Away' on buildings in a picturesque village where many properties were empty for long periods of the year.
-
Online
Germans move to block McCarthy bonuses
LandesBank Berlin, part of a 60-strong group of lenders negotiating a restructuring of the retirement homebuilder McCarthy & Stone is attempting to block a pay package that could see senior managers earn millions of pounds in bonuses.
-
Online
Where is Wrekins ruby?
Investigators are trying to establish whether a gem said to be worth £11m was used to inflate the assets of Wrekin Construction, which has gone into receivership.
-
Online
Liberty founder stalls cash call
Sir Donald Gordon, founder of Liberty International, is stymying plans by Britain’s biggest shopping-centre owner to raise more than £350m to bolster its battered balance sheet.
