All Property Week articles in 15 October 2010 – Page 9
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Professional
Bribery Act to criminalise lavish lunches
For most in property, lavish entertaining is a relic of the noughties boom. This is just as well – some of it could now be called bribery under laws due to come into force next April
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Insight
What to know - Accessible Retail
Aditi Shah sums up the key talking points at the out-of-town retail organisation’s annual conference last week
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Markets
£7m and vision needed to revive hospital
Two grade ll-listed buildings in Bristol from different eras, both overlooking water, are set for a change of use
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News
Crown close to £550m sale of London jewels
The Crown Estate is in the final stages of agreeing a £550m-plus sale of some of its London assets (box,below), which includes a stake in its prestigious Regent Street estate
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News
Capital Shopping Centres’ £500m plan
Capital Shopping Centres is to embark on a 1.5m sq ft extension programme of its shopping centre portfolio, as an alternative to buying new centres
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News
Stoneham Park's 7.46% yield
Capital Trust Group, on behalf of a Middle Eastern investor, has bought Stoneham Park offices in Eastleigh, Hampshire, for £9m from Jeeves Investments, a joint venture between AEW Europe and Mountgrange
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News
Malaysian buys in Kensington at 3.75%
In a further sign that prime London residential property is attracting strong overseas interest, an apartment block in Kensington has been bought out of receivership for £10m
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News
Forever 21 adds three in Europe expansion
US “fast fashion” group Forever 21 has stepped up its expansion into the UK and Europe
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Insight
20-30-40-50: BNP Paribas Real Estate associate director Gregor Wallace
Every week, we meet a property person from a different age group. This week, Kat Baker talks to 33-year-old Gregor Wallace, associate director of central London investment at BNP Paribas Real Estate
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News
Battersea powers on with £150m debt deferral
In one of the most complex debt transactions of the downturn, the owner of Battersea Power Station has reached a debt-waiver agreement with the site’s former owner, which could lead the way to a wider deal to restructure its debt
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News
Invista to offload £120m of resi as wind-up commences
Invista Real Estate Investment Management is bringing its £120m residential investment portfolio to the market, as part of the break-up of the UK’s only listed property fund manager
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News
Cubemaker squares £11m ITV purchase
Cubemaker Partnership, a £100m fund set up by Cube Real Estate and BP Pension Fund and Staffordshire County Pension Fund, has bought three sites from ITV for £11.3m
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News
Goldman’s £107m hotel deadline
Pressure was mounting this week from creditors on Goldman Sachs’ Whitehall Street fund management arm ahead of refinancing a £230m hotel portfolio. A £107m loan secured on a portfolio of 14 Queen’s Moat House hotels bought by Whitehall in 2005 matures in February. Whitehall is attempting to refinance the portfolio ...
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News
$1.1bn debt becomes Jones Lang LaSalle
Jones Lang LaSalle has increased and amended its debt facility to strengthen its balance sheet and provide more firepower
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Online
IPD: values barely rose in September
UK commercial property values suffered another shallow month of growth of just 0.2%, according to September’s Investment Property Databank UK Monthly Index. The 12-month change in capital growth is now 14.2%.
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Online
Tesco wins green light for North West store
A 90,000 sq ft Tesco superstore in Hattersley, Greater Manchester, has been given the green light – despite attracting criticism from the government’s architecture watchdog CABE.
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Online
Travelodge to open at St Modwen's Edmonton Green
St Modwen is to develop a Travelodge hotel at its Edmonton Green shopping centre in North London.
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Online
Property and construction recovery to struggle as 28,000 companies in financial trouble
Nearly 28,000 property and construction companies are in “significant” or “critical” financial trouble, a report from Begbies Traynor has said.
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Online
CABE future uncertain as nearly 200 quangos axed
Francis Maude has announced that 192 government quangos are set to be axed, and a further 289 to be reformed.
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Online
Cowell Group buys Hilton London Hyde Park hotel
Cowell Group has also completed on the purchase of Hilton London Hyde Park, as first revealed by Property Week .