All Property Week articles in 13 November 2009
View all stories from this issue.
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Online
Aviva Investors to sell two City buildings
Aviva Investors has instructed DTZ to sell two buildings in the City of London for a total of more than £76m,
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GVA Grimley appointed to manage Industrious portfolio
Nick Leslau and Mike Brown’s Max Property has appointed GVA Grimley to manage the newly acquired industrious portfolio.
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Croft’s M7 buys three more industrial estates
M7 Real Estate and Europa Capital Partners have exchanged contracts to buy three industrial estates in Swindon, Basildon and Tipton.
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Michael Whelan to sell Victoria House in Midtown
Irish investor Michael Whelan has appointed CB Richard Ellis to sell Victoria House on Southampton Row.
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200,000 sq ft office requirements launch in Staines as Landid scheme gets green light
Two occupiers have launched office searches totalling 200,000 sq ft in Staines – in the same week as a 380,000 sq ft office-led scheme in the town centre won detailed planning consent.
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Mortgage lending up 5% in October
Gross mortgage lending increased by 5% in October, the Council of Mortgage Lenders (CML) said today.
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OnlineMAPIC TV: Retailers name Germany as top European hot spot for 2010
Germany has emerged as the number one target destination for retailers looking to expand their international presence in the Europe, Middle East and Africa in 2010, according to new research from CB Richard Ellis.
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SA property group reports massive jump in sales
Massive increases in residential property sales have been reported by Seeff Properties.
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India's property registration fee ceiling removed
Revenue department has approved a proposal to levy a flat 1% charge on property registrations with immediate effect, doing away with the Rs 30,000 ceiling.
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Lend Lease dumped from Melbourne project
Lend Lease has lost its role in a A$370m town centre redevelopment project in Melbourne's northeast.
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Taipei to see 15% residential price increases
Taipei's residential prices may rise 15% next year, more than in Singapore, Hong Kong and on the mainland, because there is more competition among homebuyers in the city.
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Dubai property market still 'fragile'
Dubai property prices could drop another 30% over the next 18 months and may take at least 10 years to recover to peak levels, a report by UBS says.
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Manhattan retail rents fall 9%
Retail rents fell 9% in Manhattan in the 12 months through September, as the city suffered from its highest unemployment rate in 16 years, according to the Real Estate Board of New York.
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Starwood Hotels to save with move to Connecticut
Starwood Hotels, the third-largest US lodging company, plans to move its headquarters to Stamford, Connecticut.
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Silverdome sale stalled by Michigna court
A Michigan judge temporarily blocked the city of Pontiac’s plan to sell the Silverdome football stadium for $583,000, a price that works out to $7.25 a seat.
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Former WG Mitchell hotel sold to Crimson
Ernst & Young, administrator to 28 subsidiary companies of WG Mitchell, has sold the Park Inn London, Russell Square hotel to Crimson Hotels Group.
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London & Stamford's £11.6m uplift
London & Stamford’s reported a valuation uplift of £11.6m over the six months to 30 September 2009 this morning.
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Survey shows 25% of occupiers cut space over last six months.
A quarter of occupiers have cut the amount of space they own in the last six months, business lobby organisation CBI and GVA Grimley said in their latest Corporate Real Estate Trends survey.
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OnlineBets are in for former Burberry HQ – bids next week
Jones Lang LaSalle has called for bids on the former Burberry headquarters at 18-22 Haymarket, London, which is being sold by PricewaterhouseCoopers, administrators of Rock Group.
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Conygar buys £44.6m offices portfolio
Robert Ware’s Conygar Investment has bought the “Lamont” portfolio for £44.6m from the administrator of a Jersey-based private investor fund.
