All Property Week articles in 14 May 2010 – Page 4
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Qatari Diar allegations "a shaggy dog story" says Candy lawyer
Further damages will be sought from Qatari Diar if allegations that Christian Candy acted in bad faith on the Chelsea Barracks scheme fail, the High Court heard today.
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Liverpool appoints GVA Grimley for regional land study
Local authorities in the Liverpool region have appointed GVA Grimley to undertake a review of the supply of development land in the region.
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Blackpool gives green light to £220m regeneration scheme
Blackpool Borough Council has given outline planning permission for Muse Development's £220m Talbot Gateway scheme.
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Liberty's rival bidder was not "frozen out" board says
Claims that a potential buyer was “frozen out” of buying the Liberty store close to London’s Regent Street have been rebuffed.
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Osborne’s “emergency Budget” due on 22 June
Chancellor George Osborne plans to hold an emergency budget on 22 June, and will give more detail on his £6bn cuts plan next Monday.
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Economy and employment are key drivers for occupiers
The economy and employment regulations are the key drivers for office occupiers wanting to implement new flexible working practices in buildings according to the British Council for Offices latest report.
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Dubai World debt restructure nears resolution
The restructuring of Dubai World’s $24.8bn debts is close to completion, The National reported today.
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German funds buys Swiss shopping centre
German closed-end fund manager Acron has bought a retail centre in south Zurich for €24m, according to PropertyEU.
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Political protests won't hit targets says Thaliand's largest industrial land seller
Thailand’s biggest seller of industrial land has said it was maintaining its 2010 land sales target despite fears around the country’s political protests, Reuters said today.
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Kuwait plans $17.2bn economic investment
Kuwait is planning to invest around 5bn dinars ($17.2bn) in its economy in the 2010-2011 year, Bloomberg reported on the weekend.
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Bahraini investors eye stalled luxury seaside scheme
Bahraini investors are planning on buying out a stalled project in Bahrain’s capital city in order to develop a luxury seaside resort, Bloomberg reported yesterday.
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Potential rival bidder cries foul over proposed £32m sale of Liberty
A bitter row has broken out over the future of Liberty after a potential rival bidder cried foul over the £32m sale of the London department store best known for its patterned fabrics.
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Dubai to see 44,000 vacant homes
Dubai’s residential property market will see 44,000 vacant homes in 2010, Bank of America Merrill Lynch said today.
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Signs of life in Australian property fund sector
The global financial crisis may have spared the wider Australian economy but the real estate investment trust (Reit) sector was hit hard. Now, however, there are signs of a recovery and analysts are looking favourably at the sector’s value for money and growth potential.
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London house prices record first drop this year, Rightmove says
London home sellers lowered asking prices for the first time this year in May as more properties were put on the market and tighter lending conditions restrained buying, Rightmove said.
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"Lower than expected" profits at India's largest developer hit share price
India’s largest developer DLF has reported first quarter profit lower than analysts expectations, Bloomberg reported today.
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Highcross buys Waverley Gate
Highcross has bought WaverleyGate, one of Edinburgh’s city centre landmark office buildings, from the joint administrative receivers of Castlemore (Edinburgh) Ltd.
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US property returns to positive returns
US commercial real estate has delivered its first positive quarterly return in 18 months.
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Evenbrook Group gets go ahead for 155 homes in Birmingham
Evenbrook Group got the green light for 155 new homes at Browns Green in Handsworth Wood, Birmingham from Birmingham City Council last night.
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Salford council approves Carlyle Group scheme
Salford City Council has approved the planned redevelopment of the former Colgate factory in Salford Quays as a 380,000 sq ft office scheme, pending section 106 agreements being agreed.