All Property Week articles in 15 October 2010 – Page 2
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News
Lok’nStore returns to profit
Lok’nStore, the UK self-storage company, returned to the black in the year to 31 July.
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News
Cotton and Price join Hansteen board
Hansteen, the European secondary industrial property REIT, has appointed two well-known property men to its board.
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Online
Former WP Carey foursome set up sale-and-leaseback firm
Four former executives at WP Carey have set up a company to carry out sale-and-leaseback property deals.
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Online
September mortgage lending hits ten-year low as CML warns on cuts
Gross mortgage lending in September was an estimated £12bn, the Council of Mortgage Lending said, the lowest September in the last ten years.
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Online
Allsop hits 71.5% at autumn auction
Allsop raised £73m from 155 lots at its autumn auction today. One hundred and eleven lots sold, representing a success rate of 71.5%.
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Online
Defence review sets out £850m property plan
The government has set out plans for an £850m programme of asset sales and efficiency savings in the Ministry of Defence’s Strategic Defence Review.
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Online
Cushman poaches CBRE investment star
Cushman Wakefield has hired a senior CB Richard Ellis man to lead its capital markets business.
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Online
Take up rises and supply continues to fall in Central London
The Central London office market saw take-up levels rise in the third quarter of 2010, according to research by CB Richard Ellis.
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Online
Defence ministry axes £12bn St Athan training base
The Ministry of Defence (MoD) has terminated plans to rationalise its training facilities into a single base at St Athan in the Vale of Glamorgan in Wales.
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Online
RBS appoints administrator on Beetham London Tower as talks break down
Royal Bank of Scotland has put a giant 52-storey development scheme on London’s South Bank into administration, ahead of a potential £150m sale of the site.
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Online
The Midweek Bulletin: Ian Coull, Prime flotation and LandSecs/Canary £500m JV
The first in a regular series of video updates looking at what’s been happening since the last issue of the magazine and what stories have got everyone talking so far this week.
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Online
What the world thinks about the Comprehensive Spending Review
Visit PropertyWeek.com tomorrow to see, minute-by-minute, what experts from across the UK and the world think of tomorrow’s spending review.
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Online
Creative Scotland signs at Waverley Gate
Creative Scotland has taken 13,010 sq ft of space at Highcross’s Waverley Gate in Edinburgh.
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Online
Cameron: Departments should pay property vehicles market rent
New property vehicles to own and manage the government office estate should charge departments “market rent”, prime minister David Cameron has said.
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Online
Prime to raise £200m in IPO
Prime, the Worcester-based healthcare property company, is to float by the end of the year.
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Online
Hatfield Philips warns on LTV foreclosures
Debt servicer Hatfield Philips today said that breaches of loan to value covenant should rarely form the basis for a decision for lenders to foreclose on a loan.
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Online
DJ Deloitte poaches DTZ’s Simon Williams
DJ Deloitte has recruited former DTZ and Donaldsons partner Simon Williams as a partner in its capital markets team heading up retail investment and central government procurement.
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Online
Investment in European property in 2010 surpasses that of last year
Investment in commercial real estate across Europe in 2010 has reached €63.6bn, surpassing last year’s total volume of €62.4bn, according to DTZ Research.
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Online
Former Modus man launches development venture
Former Modus Properties director Richard McGawley has launched a new retail development company Pulse Partnerships.
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Online
Ombudsman calls for consumer legislation to be extended to letting agents
The Property Ombudsman, Christopher Hamer today called for residential property letting agents to be brought under the same consumer redress law that governs sales agents.