All Property Week articles in 16 October 2009 – Page 5
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Treasury Holdings submits masterplan for Battersea Power Station
Treasury Holdings has formally submitted a planning application on its masterplan for the £5.5bn redevelopment of the 40-acre Battersea Power Station site.
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Muse gets green light for Doncaster scheme
Muse Developments has got the go-ahead for its £300m Waterdale Civic and Cultural Quarter scheme in Doncaster town centre.
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Kajima buys in London
Kajima Properties has bought 103 Mount Street in London’s Mayfair from Prupim for just over £31.5m.
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Pederson onsite hotel to take off at Bristol International Airport
Bristol International Airport (BIA) has signed an agreement with Pedersen Airport Hotels to develop the airport’s first on-site hotel.
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Morrisons signs up for store in Harrow
Transport for London (TfL), Parkridge and Morrisons have teamed up to create a mixed-use scheme in Harrow.
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Heron International's chief executive Gerald Ronson cuts own pay from £12.9m to £1.7m
Gerald Ronson, the property entrepreneur, has slashed his pay package and dividend at Heron International following the collapse in the commercial property market.
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New Star move signals recovery
New Star’s flagship retail property vehicle has begun to look for new investments for the first time since 2007, marking the return of retail investors to the recovering commercial real estate sector.
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U.K. regulator proposes ban on ‘self-certification’ mortgages
The U.K. financial regulator called for a ban on self-certification home loans as part of a review of the country’s 1.2 trillion pound ($1.96 trillion) mortgage market. The Financial Services Authority also called for mandatory affordability tests for all mortgages and making banks and other lenders ultimately responsible for assessing ...
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Lord Rogers sues Qataris for £2m over Chelsea barracks
The architectural firm headed by Lord Rogers is suing the owners of London’s Chelsea barracks for £2m over unpaid fees.
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London property prices fuelled by bonus effect
The expectation of big City bonuses is helping to boost sentiment in the London property market, with asking prices jumping by 6.5 per cent in the past month alone.
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Qatar set for 10% resi vacancy in 2010
One in ten residential units in Qatar are likely to be empty in 2010 as supply outweighs demand in the Gulf state, a new report has said.
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Landlord can evict a tenant for 'own business', rules Indian supreme court
A tenant can be evicted if the landlord wants to start his own business even in a field in which he or she has no prior experience, the Supreme Court has ruled.
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Emaar could shelve Burj Dubai towers
Emaar could shelve plans to build 13 high-rise buildings earmarked for the site of the world’s tallest tower in Dubai after investors transferred their down payments to other projects.
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Dalton to merge Japanese units
Dalton Investments, the Los Angeles-based fund with $1.3bn in assets, will merge its Japanese unit with real estate investment specialist Lexington Corp to cut costs and help raise funds as markets recover.
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Goldman's Accordia targets Japan golf courses
Accordia Golf Co, in which Goldman Sachs Group is the biggest shareholder, increased its credit lines to 16.5 billion yen ($182m) to help buy golf courses in Japan, said two people familiar with the matter.
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US housing 'probably busier in September'
Homebuilders and real-estate agents were probably busier in September, and the index of leading indicators increased, adding to evidence the next U.S. expansion has begun, economists said before reports this week.
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Australia a 'beacon' investor says
The outlook for Australian listed property trusts is improving as the nation’s currency strengthens and the local economy weathers the global recession, according to AMP Capital Brookfield.
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China's Evergrande seeks $780m from IPO
Evergrande Real Estate Group, the largest Chinese developer by third-quarter sales, aims to raiseup to HK$6.05b ($780million) in a Hong Kong initial public offering, according to a sale document.
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Savills maintains good sale rate
Savills enjoyed strong sales at its fourth commercial auction of the year on Monday at the ballroom of London’s Claridges Hotel.
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South East office market set to recover first
The South East office market should recover from the credit crunch quicker than other regions due to refurbishment opportunities according to BNP Paribas Real Estate.