All Property Week articles in 16 October 2009 – Page 15
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Call to end stamp duty
A coalition of housing organisations has called for abolition of stamp duty tax.
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IPD shows growth
The Investment Property Databank said that commercial property values had increased by 1.1% in September, the highest monthly rise for three years. But the pace of falling rental levels rose in September to minus 0.64%, after easing on a monthly basis in August.
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Auctioned homes prices soar
Homes sold at auction are achieving record sums above the guide amounts set by valuers as lower property prices have brought about a bidding war among bargain-hunters.
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McCloud builds green houses
Kevin McCloud, presenter of Channel 4’s Grand Designs, is finally set to embark on his own development of 42 eco-conscious houses in Swindon.
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Punch pushed to £406m loss by estate writedowns
Punch Taverns, Britain’s biggest pub owner, reported a £406m annual loss after writing down the value of its recession-hit estate by 11%.
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Aviva signs first tenant at Cardiff’s 3 Assembly Square
Aviva has signed its first tenant at its 3 Assembly Square office development at Cardiff Waterside in Wales.
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Wynyard Park gets the go-ahead for £500m hospital
Hartlepool council’s planning committee has given the go-ahead for plans to create a £500m hospital at Wynyard Park in the Tees Valley.
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Take up in Glasgow increases fourfold in last quarter, says JLL
Office take up in Glasgow more than quadrupled in the third quarter of 2009 compared to the second quarter, according to Jones Lang LaSalle research.
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Property values in biggest rise since 2006
The UK’s commercial property markets delivered the largest monthly capital growth since June 2006, at 1.1%, according to the Investment Property Databank Monthly Index for September.
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Leeds Arena to go-ahead despite Government opposition
Leeds City Council has confirmed that the development of Leeds Arena will go ahead as planned and open by 2012, despite concerns raised by the government.
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Derwent seals pre-let deal at Charlotte Building
Derwent London has pre-let part of the Charlotte Building at 17 Gresse Street in London’s West End.
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Student accommodation group UPP seals 100% occupancy
Student accommodation provider UPP has achieved 100% occupancy across its student rooms portfolio for the start of the academic year 2009/2010.
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Invest UK: Hear our in depth interview with Peter Robinson, First Minister for Northern Ireland.
Register for the FREE Invest UK event to hear the electric interview with Northern Ireland First Minister Peter Robinson at 11.30am today.
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First tenant at Edinburgh's Tanfield
Carlyle Group and Bellhouse Joseph have achieved their first letting at the newly refurbished Tanfield office scheme in Edinburgh.
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Allianz expects US commercial property bargains
Allianz SE, Germany’s biggest insurer, expects to find bargains in US commercial real estate as property values slide and banks move to foreclose on more distressed borrowers.
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US foreclosures 'set to peak in 2010'
Foreclosure rates will continue to climb through late next year, peaking only after the U.S. unemployment rate reaches 10.2% in the second quarter, the Mortgage Bankers said.
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China developers set for IPO hearings
Three Chinese property developers will have their initial public offering proposals vetted by the Hong Kong stock exchange’s listing committee next week.
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Dubai office glut forecast
Landlords in Dubai may miss out on an estimated Dh7 billion (US$1.9bn) in rental revenue within two years because half of all office buildings are expected to be empty.
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HK market wants sounder planning
The revitalisation of industrial space is tipped to be the main property sector focus of today's policy speech by Chief Executive Donald Tsang Yam-kuen, but market players have a long list of additional measures they would like to see enacted by the government.
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Tishman's Australia fund hits the buffers
In late 2004, when Tishman Speyer Properties became one of the first US real-estate companies to launch a publicly listed fund on the Australian Stock Exchange, the future looked bright.