All Property Week articles in 16 October 2009 – Page 4
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Offices 09: Bootle is bullish, but not too bullish
Economist Roger Bootle forecast a modest recovery for the economy and the property industry over the next couple of years, but warned that the pain was not over yet.
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Green light for 2.3m sq ft Cambridge Biomedical Campus
Plans for the 2.4m sq ft Cambridge Biomedical Campus development in Cambridge have been given the green light by Cambridge City Council.
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LXB to float at £110m
LXB Retail Properties will float on AIM with a share placing of £110m on Friday.
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Beijing needs time to adjust say developer
Soho China, the biggest property developer in Beijing’s central business district, said the area needs time to 'digest' its current supply of land and commercial property.
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GPT eyes Oz after overseas sale
GPT Group is 'well placed' to buy commercial properties in Australia after selling most of its overseas assets, chief executive officer Michael Cameron said.
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Hamptons sees prices rise as rich return
Home prices in the Hamptons, the Long Island beachside getaway for Wall Street financiers and celebrities, rose 4.7% in the third quarter amid a surge in sales of properties from $2m to $5m.
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Fannie, Freddie shares 'worthless' says analyst
Fannie Mae and Freddie Mac each fell 22%, to the lowest prices since August, after analysts at KBW Inc. said the shares of the government-run mortgage finance companies are probably worthless.
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Nakheel uses rally to address debt
Dubai and the companies it controls are taking advantage of a rally in global markets to pay off loans and seek cheaper funds from international investors as the emirate tackles its $85 billion (Dh312.16bn) debt burden.
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Deyaar to target affordable housing and rentals
Deyaar Development has spelled out its 'next generation strategy' of refocusing on affordable housing and the rental market, after reporting a 74% decline in third-quarter profit.
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Kuwait prepares for new town programme
The Kuwaiti government has created a task force charged with building a number of brand new towns in the country.
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US home builder confidence dips
Confidence among US home builders slipped in October, mostly on the looming expiration of a big tax credit.
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India Property demand up 15%
Property saw a growth in demand of 15% in the second quarter of financial year 2009-10, after slowing down to 10% during the first quarter of 2009-10. The rise has, of course, been helped by the base effect of a negative growth in the corresponding quarter of the previous year. ...
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Slovakia wants Lisbon treaty land assurance
The Lisbon reform treaty faced another setback yesterday when Slovakia said it would block a Czech bid to seek an opt-out unless it too had guarantees that ethnic German and Hungarian deportees would not press legal claims to confiscated property.
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Chocolate retailer expands at Connaught Village
Cocomaya, the luxury chocolate shop, is expanding its operation at the Church Commissioners’ Connaught Village in London’s West End.
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Commerz Real buys €120m Paris office
Commerz Real has bought an office building in Paris, Espace Kléber, for €120m from shopping centre operator Klépierre.
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Carpetright moves for Centaurus Retail Park
Carpetright has taken 10,000 sq ft at Centaurus Retail Park, Cribbs Causeway, Bristol.
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Banana Republic signs at Brent Cross
Gap’s Banana Republic has signed up at Brent Cross shopping centre in north London for its second UK store.
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Tristan Capital Partners appoints chief operating officer
Tristan Capital Partners, the property investment manager set up by former Curzon Global Partners chief executive Ric Lewis earlier this year, has appointed a chief operating officer.
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British Land buys £40m office in London’s West End
British Land has bought 39 Victoria Street in London’s West End for £40.3m.
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St Modwen appoints architects for £100m Longbridge town centre
St Modwen has appointed Holder Mathias Architects to design the £100m town centre at its Longbridge scheme.