All Property Week articles in 15 June 2007 – Page 10
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Archie Norman returns with tools
Archie Norman, the former boss of Asda, has bought tool hire company HSS in his first acquisition through the investment vehicle he set up last summer. Daily Telegraph. The Times. Financial Times
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Portland raises $200m for global hedge fund
Portland Capital, the boutique fund-management group launched by Sir Ronald Cohen and Lord Rothschild, has raised $200m (£101.3m) for its first product – a global property hedge fund. Financial Times
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Hunter's double take for Dobbies
Sir Tom Hunter has doubled his stake in Dobbies Garden Centres, taking his holding to 20.5% – just 4.5% short of the 25% needed to block the Tesco takeover of the garden centre chain. Daily Telegraph. The Times. Financial Times
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OnlineManchester Axis tower gets green light
Property Alliance Group has received planning permission for its office tower in Manchester city centre.
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KPMG and Halabi settle out of court
Simon Halabi’s family trust reached an out of court settlement this morning over a £1.4m claim brought against it for unpaid fees relating to a £192m shopping centre sale.
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OnlineProLogis poaches Cushman industrial man
ProLogis has poached Cushman & Wakefield European industrial head Nigel Rowe, to work with exisitng and potential occupiers.
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Livingstone - keynote for London Real Estate Capital of the World
Mayor for London Ken Livingstone is to be the keynote speaker at a major cross-border investment conference being staged by Property Week on Wednesday next week
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Belfast's Victoria Square bags Cruise and Hugo Boss
Multi Development has secured retailers Cruise and Hugo Boss as the latest tenants at its £320m Victoria Square development in Belfast city centre.
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Knight Frank's continental catch
Knight Frank, through Rutley Capital Partners, its private equity arm, has bought E163m (£110.6m) of property in Germany, the Netherlands and France. The Times
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Jarvis refocus cuts losses to £14m
Jarvis cut full-year pretax losses from £59.1m to £14.1m in the year to 2 April. Financial Times
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Ted Baker stores tally
Retail sales helped clothing company Ted Baker increase sales by 6.4% in the 19 weeks to June as its wholesale sales declined. Daily Telegraph. Financial Times
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Icelandic investor's desire for Debenhams
Debenhams shares rose after a consortium led by Icelandic investor Baugur announced that it controlled a 4.87% stake in the company via derivatives. Daily Telegraph. The Times. The Guardian. Financial Times
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Spanish housing glut
Spanish house price inflation will slow sharply next year as a glut of new supply hits the market, a report has predicted. The Times
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Housebuilders land banking
The nine largest housebuilders own enough land with planning consent for almost 225,000 homes – more than double the number of houses they build annually, according to a report by the Royal Town Planning Institute. Financial Times
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EasyHotels checks into Germany
EasyHotels is to announce today a franchise agreement to open 10 budget hotels in Germany over the next four years. Financial Times
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Six in £1.5bn BUPA hospital race
Second-round bids for Bupa’s 26 UK hospitals were due yesterday. Financial Times
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Indochina seeks £300m for Vietnamese venture
A new fund is seeking up to £300m to invest in the emerging real estate markets of Vietnam and Cambodia. Financial Times
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DLF’s $2.4bn float sets Indian record
Investors are flocking to Indian real estate group DLF’s $2.4bn initial public offering. Financial Times
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OnlineSignature stamps mark on German retail
Signature Capital has bought the Galleria Kaufhof department store in Berlin for €61.3m (£42m)
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Online
Sweet end to sour tale of Oriental City
Development Securities has agreed a compensation settlement thought to be worth more than £2m with the traders of Oriental City, the Far Eastern shopping mall in Colindale, north-west London
