All Property Week articles in 14 October 2011 – Page 6
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Property and construction administrations rise
The number of property and construction companies falling into administration in the third quarter has increased by 11%, according to latest figures, TheBusinessDesk.com reported today.
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City agent Mark Creedy Smith, 54, dies
Mark Creedy Smith, a partner in City of London property services firm, Ingleby Trice, died on Sunday 9 October after a short illness at the age of 54.
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Central Saint Giles named BCO 'Best of the Best'
Central Saint Giles was named the ‘Best of the Best’ workplace in the country at the British Council for Offices’ (BCO) annual national awards in London last night.
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Grosvenor and Derwent to develop 1-5 Grosvenor Place
Grosvenor and Derwent London have formed a joint venture to redevelop 1-5 Grosvenor Place in London’s West End.
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Portman Estate appoints army man as chief executive
The Portman Estate has appointed Bill Moore as its chief executive.
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Pramerica closes S$3bn Asian retail fund
Pramerica Real Estate Investors has completed the fundraising for a S$3bn (£1.5bn) Asian shopping centre fund.
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Grainger and Bouygues set up private rented sector housing fund
Grainger has teamed up with Bouygues Development to create a build-to-let residential fund for institutional investors to invest in the private rented sector.
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Aspinal of London and Sacoor sign at Bluewater
Aspinal of London has agreed to open its first standalone store outside the capital at Bluewater, while Portuguese menswear brand Sacoor Brothers will open its third UK shop at the scheme.
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Capital Hill Hotels to buy £190m Morgans' London hotels
Morgans Hotel Group is understood to have agreed to sell its two London hotels to Middle Eastern investor Capital Hill Hotels for around £190m.
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Le Bunny Bleu to open first UK store
US shoe retailer Le Bunny Bleu will open its first UK store at Westfield Stratford.
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Treveria secures three-year €424m debt extension
Treveria, the German retail property company with a €1.37bn property portfolio, has agreed a key loan extension with one of its lenders.
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EXPO REAL 2011: New York knocks London off top spot for investment
New York has beaten London to the title of most popular investment destination for the first time since 2007.
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EXPO REAL 2011: Insurance companies must "gallop faster" into European property lending
Insurance companies need to “gallop faster” into European real estate, Paul Rivlin, co-founder and joint chief executive of Palatium Asset Management, said at Expo Real in Munich today.
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EXPO REAL 2011: Investors will stick with property funds because "there's not much else" says Union's Kutscher
Investors will continue to invest in property funds, despite the difficult economic conditions, because “there isn’t much else around”, Reinhard Kutscher, chairman of the management board at Union Investment said today.