All Property Week articles in 14 December 2007 – Page 2

  • Online

    Dire November forces Cap&Reg to pay back fees


    Capital & Regional, the co-investing property fund manager, admitted today that it would have to pay back performance fees earned in 2006 because of ‘significant’ drop in the value of its two large funds in November.

  • Victoria plans

    CABE wants LandSecs to rip up Victoria plans


    The government’s architecture watchdog said today it was unable to support Land Securities’ masterplan for the £2bn Victoria Transport interchange in Westminster.

  • Online

    Westfield gets go ahead for Sydney scheme


    Westfield got the go ahead for the redevelopment of its Centrepoint, Imperial Arcade and Skygarden properties in Sydney.

  • Barratt

    Barratt wins English partnerships carbon challenge


    Barratt has won a competition to build a carbon-neutral development of 188 homes at Hanham Hall near Bristol.

  • Online

    Wilson Bowden signs first tenant at Manchester business park


    Wilson Bowden Developments has signed up the first industrial tenant for Kingsway Business Park in Greater Manchester.

  • News

    Flat glut leaves regional markets facing collapse


    The filling of city centres with 'Identikit' apartments has left the price of such developments in danger of collapse. Housebuilding analysts are giving warning of price falls next year in some regional cities, saying that declines might be followed by years of stagnation. The Times

  • News

    Olivant set to stay in Northern Rock race


    Olivant last night appeared to have been persuaded to stay in the auction for Northern Rock after gaining reassurance it would be treated on equal footing to a rival bid consortium led by Virgin Group. Financial Times, The Times

  • News

    Aviva property fund cash slips as investors head for exit


    Aviva will unveil a near halving in the cash position of its flagship £3.2bn property fund today as it struggles to deal with continuing calls for cash from investors. Daily Telegraph

  • News

    Erinaceous sues property company


    Erinaceous is suing the previous owners of a group of companies it bought two years ago as it believes it was overcharged by more than £20m. Financial Times

  • News

    Darling delays CGT announcement to New Year


    Business anger over changes to capital gains tax intensified yesterday after Alistair Darling delayed an announcement on concessions to his contentious reforms until the new year. Financial times, Daily Telegraph

  • News

    HBOS in £180m write down


    HBOS yesterday brushed off concerns about the credit squeeze as it wrote down £180m on its investments because of the market turmoil. Financial Times

  • News

    Court hears of UBS 'hiding' sub-prime hit


    UBS, the Swiss bank, has been accused in a court in New York of hiding losses and misleading shareholders as the US sub-prime mortgage market collapsed. The Times

  • News

    House market slump hits Travis Perkins


    Deepening uncertainty in the housing market has led Travis Perkins to warn of a short-term growth slowdown. Financial Times, The Times, Daily Telegraph

  • News

    Morgan Sindall order book up


    Morgan Sindall the construction group, said that its order book had grown to £4.2bn, from £3.3bn at the start of the year.The Times

  • News

    O Twelve Estates reports loss


    O Twelve Estates, the commercial property developer which is investing in sites near the 2012 Olympics at Stratford, East London, reported a first-half pre-tax loss of £10.6m, against profits of £2.6m last time, after value declines in parts of its £267m property portfolio. The Times

  • Professional

    Up in smoke

    14 December 2007

    Land Securities is among the landlords that have doubts about carbon trading.

  • News

    Rosenfeld's return

    14 December 2007

    After a torrid three years, ex-Minerva chief Andrew Rosenfeld has orchestrated a timely comeback to UK property. He also sets the record straight on ‘cash for honours’.

  • Green returns: Clarke hopes the ethical fund will attract investors

    Rupert’s responsibility

    14 December 2007

    Hermes’ new ‘chief of chiefs’ is driving sustainability.

  • News

    Nordic posts NAV rise

    14 December 2007

    Nordic Land, the AIM-listed investor managed by Lathe Investments, increased its net asset value by 12% to 101p a share between 26 July the day it listed on AIM and 30 September.

  • News

    Wrenbridge sells at Mariner Park

    14 December 2007

    Cambridge-based property company Wrenbridge has sold three units totalling 58,000 sq ft at the 10 acre Mariner Park on Lichfield Road Industrial Estate in Tamworth, Staffordshire.