All Property Week articles in 16 November 2007 – Page 10
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GE and Tishman plan £250m Bulgarian business centre
US-based developer Tishman and GE Real Estate Central & Eastern Europe have teamed up to develop a £250m business centre in Bulgaria.
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London & Stamford sell in Belgium
London & Stamford Property, the AIM listed company run by Patrick Vaughan and Raymond Mould, has made its first sale since listing last week.
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King Sturge confident for 2008 after record financial performance
King Sturge is ‘pretty confident’ it will hit its target profit for the year to 30 April 2008 thanks to the broad-based nature of its property services business.
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Bank of Scotland to fund first phase of Salford’s Media City
Peel Holdings has secured £360m of funding from Bank of Scotland Corporate for its media city development in Salford, outside Manchester.
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Wilson Bowden buys in Northamptonshire
Wilson Bowden Developments has bought a 16-acre site in Northamptonshire for a £35m business park development.
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Battersea developer carries out restructure of business
Irish group Treasury Holdings has carried out a major restructure of its company which will see it split into four main divisions covering its Chinese, UK, International and Irish businesses.
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Multiplex completes shopping centre buy
Multiplex has bought Friars Square shopping centre in Aylesbury in Buckinghamshire for less than its £90m asking price.
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Jersey 'Esplanade Quarter' consultation starts
The Jersey government has launched a public consultation into its plans for one of the biggest mixed-use schemes on the island.
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City leaders seek overhaul of Heathrow
City business leaders will demand government action to reduce the 'Heathrow hassle' experienced by air travellers when they meet Alistair Darling for their autumn summit in Downing Street tomorrow. Financial Times
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March of the civil servants has long way to go
London remains by far the biggest employer of civil servants, despite progress in moving Whitehall jobs to other parts of the country, according to official figures published yesterday. Financial Times
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Britain may run out of landfill space in 9 years
Britain is the dustbin of Europe and could run out of landfill space within nine years as households dump more rubbish than any other European Union country according to the Local Government Association. Daily Telegaph
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Blackstone sees light at the end of sub-prime tunnel
Private equity giant Blackstone is beginning to see potential in the credit crisis despite calling sub-prime a 'black hole' which looks 'scarier' than some banks first thought. Daily Telegraph, The Times
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LaSalle taps into Taiwan
LaSalle Investment Management is to tap into Taiwanese investors with a tie-up with Taishin Investment Trust for the launch of a global real estate securities fund.
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Tories moot council tax vote
A Conservative government will scrap council tax capping and instead require local authorities to hold referendums to approve 'excessive' increases, David Cameron is set to announce today. Financial Times
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Rock crisis prompts savers to spread risk
Around 1.7million people have moved their savings between different providers since the Northern Rock crisis began, according to research released yesterday. Daily Telegraph
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Brown slated as Northern Rock plan welcomed
Gordon Brown must take a major slice of the blame for the Northern Rock crisis one of the Prime Minister’s previous appointees to the Bank of England will claim today. Daily Telegraph, Independent
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Property set to fall mortgage-backed securities fall more than 80%
Global credit turmoil has spilled over into the market for bonds backed by US commercial mortgages, threatening to push down property prices and scuttle deals. Financial Times
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IMF calls for better sub-prime disclosure
European banks should be required to disclose their exposure to the US sub-prime market, the International Monetary Fund yesterday said. Financial Times
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RICS expects severe slowdown as house prices tumble
The UK property market is set for a more severe slowdown than in 2005, according to the most authoritative survey of estate agents, as hous eprices fall in all regions and faster than for two years. Financial Times, The Times, Daily Telegraph
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Thames Valley office occupational market 'strong'
The Thames Valley office occupational market is strong while the investment market is difficult.