All Property Week articles in 14 September 2007 – Page 3
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OnlineTop brass to exit Segro
UK property head John Heawood, is to leave Segro after 11 years as the company confirmed a management restructure.
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News
John Lewis profits up 50%
The new chairman of John Lewis unveiled a 50.6% rise in half-year pretax profits, but called for a reality check over the health of the high street yesterday. The Times. The Daily Telegraph. Financial Times
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News
£500m cash-for-council homes scheme
Yvette Cooper, the housing minister, will announce a £500m package today to fast-track housebuilding for first-time buyers and young families. The Times. Financial Times. The Daily Telegraph
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News
Crossrail go-ahead threatens to shunt Tube into sidings
Crossrail is set to be approved after an 18-year wait, but an upgrade of the Tube network may be sacrificed to pay for it. The Times
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News
Northern Rock bailed out by Bank
Northern Rock became the first high profile British victim last night of the credit crunch, after admitting that it has received a financial bail out from the Bank of England. The Independent. The Times. The Daily Telegraph
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News
Annabel’s founder Birley cut son’s inheritance
Mark Birley, the founder of Annabel’s nightclub, cut his son, Robin’s inheritance in his will after a bitter family feud. The Daily Telegraph
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Bovey shelves £200m Imagine flotation
Grant Bovey has postponed a float of his buy-to-let property company, Imagine Homes, in favour of a £37.5m equity-and-debt financing arrangement from HBOS. The Daily Telegraph
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Segro to shed £500m portfolio in shake-up
Segro has undergone a shake-up of senior management and plans to sell up to £500m of its property in the UK. The Daily Telegraph
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News
Fit-out firm’s profits sales top £lbn
SIG, the insulation and office fit-out company, has recorded interim sales of over £1bn for the first time. The Daily Telegraph. The Times. Financial Times
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Burj Dubai tower becomes world’s highest
Burj Dubai has become the world’s tallest freestanding building, beating the 31-year-old record held by the CN Tower in Toronto, Canada, its developer announced yesterday. The Daily Telegraph
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Japan’s Mori buys share in China’s tallest building
Mori Building Group, of Japan, has sold a 10% stake in China’s tallest building. The Times
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ProfessionalNo smoking’ signage,
uestionN: I am a business tenant in a multi-let building with a communal entrance staircase and lift. What ‘no smoking’ signage do I have to provide under the Health Act 2006, and what if my landlord fails in its obligations?
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News
By the rivers of rybnik
Off to Poland to Parkridge’s bash for the opening of the Focus leisure park in Rybnik.
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MarketsRegency period
Swindon is on the edge of its seat as the multiplex saga Regent Circus v Regent Place nears a climax.
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InsightThe scandalous state of parent
Sir, I concur with many of the points raised in ‘The Parent Trap’ article (analysis + opinion, 31.08.07). While it dealt, in particular, with surveyors, it is pertinent to all aspects of the property world.
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NewsSupport network
Railway town Swindon’s first tenant for its new office scheme could well be Network Rail.
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And NAV raising
AIM-listed Russian residential developer RGI International increased its net asset value by 167% to $12.03 a share in the first half of the year. Its portfolio comprised 11 projects and another in the pipeline, valued by DTZ at $2.05bn (£1bn).
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News
Modus mule
Manchester-based Modus Properties can’t often be accused of ass-ing around when it comes to marketing.
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News
Scarborough’s maiden purchase under Valad
Scarborough Continental Partners has completed its first purchase since being taken over by Australian-listed Valad Property Group.
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NewsLots to watch
Erinaceous’s commercial auction will take place at Le Meridien, 21 Piccadilly, in London’s West End on Wednesday 26 September.
