All Property Week articles in 16 October 2009 – Page 12
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News
DTZ to advise Limitless in Jebel Ali
Limitless has appointed DTZ to advise it on leasing the Galleries at Downtown Jebel Ali in Dubai
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Markets
Glasgow east end’s industrial action
Clyde Gateway’s regeneration of the deprived area is progressing after it received consent to develop an industrial business park
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News
Outen about at Mall opening
Denise Van Outen has become a household name thanks to roles on TV shows such as The Big Breakfast and more recently the BBC’s Any Dream Will Do and I’d Do Anything
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Markets
Office space abounds in Edinburgh
Drivers Jonas’s Crane Survey shows there is a flood of new office space in Edinburgh city centre
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Markets
Aberdeen garden plans grow
A local tycoon plans to replace a public garden in Aberdeen with civic space
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News
Savills achieves 80% sale
Savills ’ fourth commercial auction of the year achieved a sale rate of 80% and raised £6.7m at Claridges hotel in London ’s Mayfair on Monday.
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News
British Land takes £40m London plunge
REIT in talks to buy 39 Victoria Street in first large office purchase for two years
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News
Qatar increases its hold over Canary Wharf with £350m stake
Qatar Holding, the investment arm of Qatar’s sovereign wealth fund, has become the joint largest shareholder in Songbird Estates, the owner of much of the Canary Wharf estate
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News
Axa sells Ipswich sites to ING at 6.34%
Axa Real Estate Investment Managers, on behalf of Co-operative Insurance Society, has sold 18 and 20-22 Tavern Street and 13-15, 17 and 19 Butter Market in Ipswich for £12.3m to ING Real Estate Investment Management — a 6.34% yield
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News
Opus Land makes Point 3 at Opus 40
Opus Land has sold Point 3 at Opus 40 Business Park in Warwickshire to Hildane Properties for £14m
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News
Barnard Marcus sale raises £9.3m
Barnard Marcus continued a consistently strong run at London ’s Grand Connaught Rooms on Tuesday where it claimed a 75% sale rate and raised £9.3m.
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News
Laxey drop kicks £24.4m bid for Rugby Estates Investment Trust
Laxey Partners, the activist investor, has made a £24.2m offer to take over one of the UK’s smallest REITs, Rugby Estates Investment Trust
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News
Southwark Tower to go up in 2010
Russian developer Mirax Group chairman Sergei Polonsky claimed it would start building the Mirax–Beetham Tower in Southwark, London, next year
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Online
Colliers CRE:Central Leeds Offices Net Stock Absorption - Autumn 2009
"Net stock absorption in Leeds fell to -107,995 sq ft in the first half of 2009. The Southern Gateway submarket saw absorption rise by 41,947 sq ft but in the City Core occupation levels fell by 115,889 sq ft."
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Online
CB Richard Ellis's Monthly Market Index: October 2009
CB Richard Ellis's monthly market index looking at total returns and change in returns across offices, retail and industrial property.
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Online
Colliers CRE: Specialist Property Snapshot - September 2009
"Service sector PMI data suggests that Q3 09 may return positive quarterly GDP growth of around 0.3% to 0.5%. Sustainability of a recovery remains the key question, and is linked to concerns about continued business finance constraints, and increasingly the impact of deteriorating public finance."
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Online
Colliers CRE: Birmingham Offices Net Stock Absorption - Autumn 2009
"Net stock absorption of offices was down by 86,975 sq ft for H1 2009, although this was a marked improvement upon the previous six months when occupation fell by over 260,000 sq ft."