All Property Week articles in 14 December 2007 – Page 12

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  • News

    City set for job losses


    The Square Mile is expected to suffer job losses next year for the first time since 2001, although the axe will fall less heavily and with more precision than during the downturn that followed the bursting of the technology bubble. Financial Times

  • News

    UBS write-down sparks more sub-prime fears


    Bankers are steeling themselves for more sub-prime write-downs after UBS, Europe’s largest investment bank, more than tripled its provision to $14.4bn (£7bn) and warned of a 'possible' full-year loss. Financial Times, Daily Telegraph

  • News

    Carillion and McApline tie the knot


    Carillion has agreed a cashand-share offer for Alfred McAlpine that values the target at £572m, which is 4% lower than its original bid of about £600m. Financial Times, Daily Telegraph, The Times, Guardian

  • News

    Northern Rock decision put back


    Hopes of naming a winning bidder for Northern Rock by Christmas receded yesterday. The future of the bank, which owes £25bn to the Bank of England, is not likely to be decided until mid-January. Financial Times

  • News

    Tesco complains over web site ban


    Tesco has complained to the Office of Fair Trading about the refusal of Rightmove, the property website, to list its properties. Financial Times

  • News

    CLS Holdings signs computer group


    CLS Holdings has signed new leases with Capgemini (UK) for the latter’s current accommodation at Vauxhall Cross, London. The property investment group said Capgemini has signed new reversionary leases effective from March 2009, when the current leases end, until December 2016. The Times

  • News

    House price inflation weak


    House price inflation increased in October to 11.3%, against 10.8% the previous month, the Government said. However, over the month prices were flat, the weakest monthly reading since February. The Times

  • News

    India seeks to lure home builders


    India’s largest listed developer is aiming to entice thousands of Indian construction workers home from the Middle East in a sign that the country’s acute skills shortages are spreading from the professional to the manual end of the labour market. Financial Times

  • Judith Armitt

    Armitt quits Thames gateway


    Judith Armitt, chief executive of the government’s Thames Gateway regeneration project, has quit her job after a year. Armitt, who took the job in November 2006, was in charge of delivering the plan for the £9bn regeneration of the area.

  • Online

    Vantage spends £55m to neighbour Harrod's


    Vantage Asset Management has bought a mixed-use block next to renowned department store Harrod’s in London’s Knightsbridge for £55m.

  • The distinctive New Star billboard

    New Star slashes portfolio value by 8%


    New Star Asset Management has slashed the value of its UK property by 8.2% to make sure it is in line with market sentiment, it revealed today.

  • Online

    Judgement favours Earl but costs may sully victory


    A High Court judge today set the amount of damages owed by Strutt & Parker to the Earl of Malmesbury over negligent lease advice at £1.24m.

  • Online

    Allsop sale lifts market gloom


    Allsop provided some relief from the negativity surrounding the property market as it posted an excellent result at its auction last Thursday.

  • Online

    Merger creates Northern Ireland's largest property consultancy


    Northern Ireland’s BTW Shiells has merged with residential specialist The Eric Cairns Partnership creating the largest property consultancy firm in the province.

  • city park

    Quintain wins 1m sq ft consent in Birmingham


    Quintain has been granted outline planning permission for its 1m sq ft Birmingham City Park Gate regeneration scheme.

  • Jones Lang Lasalle

    Property investment down 60% on same quarter last year


    Property investment volumes have fallen victim to the credit crunch, plummeting by 60% in the last quarter of 2007, according to new research by Jones Lang LaSalle.

  • salm-trump

    Salmond in Trump golf plan row


    Scotland's First Minister Alex Salmond is under pressure to explain a meeting he had with Donald Trump’s spokesman the day before ministers announced they would have the final say on the billionaire’s plans for a golf resort in Aberdeenshire.

  • North Quay

    Treasury Holdings submits Dublin hotel plans


    Treasury Holdings' Spencer Dock Development Company has submitted a planning application for a 35-storey hotel which will form part of Ireland’s first National Conference Centre at Dublin’s docklands.

  • Online

    Property investors hit by lack of cash


    Fears are mounting that small investors may find it harder to get their money out of property funds as the credit crisis continues to bite.

  • News

    Property funds face liquidity crisis


    Fears are mounting that small investors may find it harder to get their money out of property funds as the credit crisis continues to bite. Observer, Sunday Telegraph