All Property Week articles in 16 April 2010 – Page 4
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Envy goes into administration
Menswear fashion retailer Envy Retail Limited has been placed into administration.
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Greenwich office on the market with £96m price tag
Lend Lease Europe and Quintain Estates and Development have put 14 Pier Walk, Greenwich Peninsula on the market for £96m.
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Private equity group invests in United House
Private equity firm LDC has bought a minority stake in social and private housing specialist United House to continue its expansion strategy.
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Evans Randall enters the UK residential market
Evans Randall is to enter the prime London residential property market after tying up with residential development Northacre in a 50:50 partnership.
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Almacantar raises €150m of equity in first closing
Almacantar, the property company headed by Mike Hussey and Neil Jones, has raised €150m of equity from investors in its first closing.
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Pennaf Housing gets green light for nursing home
Pennaf Housing Group has got the go ahead for a nursing home at Merton Place in the conservation area of Pwllycrochan, Colwyn Bay, north Wales.
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Post-election cuts herald UK housing shortage
Government house-building targets will be missed by 20 years, creating an unprecedented shortage of homes in the UK if the next Government cuts housing budgets, industry bodies have warned.
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EasyOffice.co.uk to manage Devonshire House
The low-cost serviced office provider, easyOffice.co.uk has signed a management agreement on the 14,000 sq ft Devonshire House in Manchester.
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Atlas receives £42m bid from co-founder
Atlas Estates, the AIM-listed central and eastern European property company, has received a £42m takeover approach from its co-founder.
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Basingstoke reveals new plans for The Malls
Basingstoke and Deane Borough Council has revealed new designs for The Malls shopping centre that will be refurbished this summer.
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Cap & Reg funds continue recovery
Capital Regional’s quarterly fund valuations revealed this week show that two of its three funds outperformed the market.
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IPD: values rose 1.6% in March
UK commercial property values rose 1.6% in March, up from 1.3% in February, to deliver a first quarter increase of 3.9%, according to the latest Investment Property Databank UK Monthly Index.
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Hansteen buys £80m Kilmartin portfolio
Hansteen, the UK and European industrial property REIT, has ventured into pastures new by buying a multi-sector portfolio out of receivership for £80.4m.
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Barrie blogs on the softening market
Is the property market softening? Having spoken to a top investor, top developer and top adviser this week I have to confess it is.
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CIty market heats up as more properties put up for sale
Mitsubishi Estate Company has put its Bow Bells House scheme up for sale for more than £140m in the latest raft of property assets to be brought to the market in the City of London.
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Knight Frank launches new £500m fund management arm
Knight Frank has launched a new fund management arm to provide a segregated investment management service to pension funds, insurance companies, private banks and high net worth individuals.
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Swire Pacific cleared for property spin-off
Blue-chip Swire Pacific has received regulatory approval for the initial public offering of its property unit in Hong Kong that will raise around $3bn, a person familiar with the situation said.
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Arabtec pulls out of Saudi tower bid
Arabtec Construction and its partner Samsung are no longer vying for an estimated $1.5bn (Dh5.5bn) deal to build what could become the tallest tower in the world.
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Oz Treasurer will boost home building
Australian Treasurer Wayne Swan will boost home building and avoid unpopular new property taxes as he juggles the need to revamp the taxation system with political demands in an election year, economists said.
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US stores having to wait for competitors to 'die'
Retailers planning to open stores this year may have difficulty finding space in the most desirable malls and shopping centers, industry executives said.