All Property Week articles in 15 July 2011 – Page 4
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News
Blackstone and Catalyst retail spending spree
Joint venture to invest in booming market for secondary shopping centres
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Markets
Redrow Scotland purchase takes Springfield into the big league
Springfield Properties has been a dominant force in the north of Scotland for many years but all of a sudden the Elgin-based housebuilder has emerged as a national player
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Markets
Big Yellow expansion on hold once pipeline is wrapped up
The effect of tough market conditions on the self-storage market may not improve until 2013, warns Big Yellow chief executive James Gibson
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Professional
Pro-development belt tightening poses ‘threat to green belt’
The government’s presumption in favour of sustainable development could make it difficult for local councils to block environmentally unfriendly schemes
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News
Moorgarth beatifies St Catherine’s
Moorgarth Group, acting on behalf of an overseas investor, has bought St Catherine’s Retail Park in Perth, Scotland, for £12m, reflecting a yield of 6.82%. The bulky-goods retail park, was bought from Henderson Global Investors. Colliers International acted for Moorgarth Group; Harvey Spack Field acted for Henderson.
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News
A Cross to bear for landlords
Southern Cross leaves landlords in lurch while ownership of its care homes is negotiated
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Insight
Funds should rush in where banks and NAMA fear to tread
Are you a bull or a bear? To what extent does or should our market be affected by the overall outlook for the UK or come to that matter, global economy?
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News
Bank of Ireland shuts the door on UK property
Bank of Ireland has shut down its UK commercial property lending business and will now aim to sell off and run down its £1.5bn loan book
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News
Foxtons founder tries luck on south bank
Home of Lord Archer could face loss of daylight from proposed resi tower
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Professional
Justice Bill set to banish “no win, no fee”
Unlike its title suggests, the Legal Aid, Sentencing and Punishment of Offenders Bill (the “Justice Bill”) may surprise the surveying profession.
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News
Rabeanco bags Covent Garden store
High-end Hong Kong handbag retailer Rabeanco is to open its first shop in the UK after exchanging contracts on a unit in London’s Covent Garden
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Insight
Olympics and Crossrail CPOs have dealt property owners a bad hand
Two women from the Olympic Park Legacy Company came to see me the other day to talk about a property I own in Stratford
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Markets
Pendragon claws back as industry recovers
Car industry recovery signals end of dealer’s property disposals
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Professional
Developers await solution to planning policy conundrum
Leaked draft of National Planning Policy Framework offers hope to developers
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News
Blackstone asks to extend German loan
Private equity fund manager Blackstone has requested a loan maturity extension from lenders to help it sell German assets and repay a €45m loan
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News
Morgan Stanley starts Asian shift with de Poulpiquet …
Relocation signals end of credit crunch turnaround and new focus on growth in east
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Professional
Top five ... tips for preventing tenant arrears
1. Do your due diligence Before you enter into the lease, ensure you are fully conversant with the occupier’s covenant strength, as prevention is better than cure. Ask for current management accounts and trading forecasts. The audited accounts are historic and, in a fast changing financial world, can be misleading.If ...
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Professional
Gradual Improvement: the first annual graduate recruitment survey
Property Week’s first graduate recruitment survey, carried out by London South Bank University in association with Deverell Smith Recruitment, shows that the property sector is recruiting more graduates once again
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News
American yoghurt maker gives UK a whirl
US-based frozen yoghurt retailer Pinkberry will enter the UK market this summer. Pinkberry is looking for 12 standalone stores of between 1,000 and 1,500 sq ft in London and the south-east.The retailer has already signed to open a 485 sq ft unit at Selfridges.In addition to frozen yoghurt flavours such ...
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News
Pension funds flock to ‘alternative’ property
Funds nearly triple allocation to top 50 real estate fund managers