All Property Week articles in 17 July 2009 – Page 5
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Online
Builders feel the worst has passed
The UK housing market is showing the first signs of an upturn in three years.
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Online
Chester Properties under offer to buy Aviva’s Project Ed portfolio
London-based Chester Properties is thought to be under offer to buy Aviva Investors’ Project Ed portfolio.
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Online
Yields harden for the first time since the start of 2007
Average prime yields are hardening for the first time since the start of 2007, research from CB Richard Ellis has said.
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Online
Arab Investments in exclusive talks to buy Coffee Republic
Arab Investments is in exclusive talks to buy Coffee Republic out of administration.
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Online
PWTV: The King Sturge Property Triathlon
More than 2,000 people, including Formula 1 driver Jenson Button, took part in the gruelling King Sturge Property Triathlon, sponsored by Property Week, this month.
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Online
Administrator sells Allied Carpets stores to new business
BDO Stoy Hayward was today appointed administrator of Allied Carpets Properties, and started by selling 51 stores to a new Allied Carpets business.
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Online
Government allocates £1.7bn for new homes
Housing Minister John Healey today announced £1.7bn funding to build 11,200 new homes and regenerate 10 of the most deprived areas of the country.
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Online
Residential development land values stabilise
The value of residential development land has stabilised across most UK regions after five negative quarters according to Knight Frank’s Residential Land Index.
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Online
Reita launches online property investment guide
Reita, the education and awareness campaign for property investment and REITs, has launched a new online, interactive guide, www.property-guide.reita.org , aimed at helping anyone considering investing in property.
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Online
UK pooled fund posts shallowest negative returns for 18 months
The performance of quarterly valued unlisted UK pooled funds has shown the shallowest negative returns for 18 months, according to Investment Property Databank (IPD).
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Online
Max enters exclusive talks for Industrious
Nick Leslau and Mike Brown’s AIM-listed Max Property Group has entered into exclusive negotiations to buy the remaining 79 assets in the Industrious portfolio, as tipped by Property Week.
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Online
Travelodge spends £70m for further expansion
Travelodge has stepped up its rapid expansion plans and has bought 12 sites across the UK for £70m to develop new hotels providing 1,118 new rooms.
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Markets
Troubled Waterside
A Trowbridge leisure development was all stacked up and ready to go – until developer Modus went into administration
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Professional
Prupim sets tenants sustainability targets
‘Improver’ portfolio occupiers’ carbon emissions to be monitored
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Professional
Power struggle
The European Union’s plans to strengthen the Energy Performance of Buildings Directive have come under fire from its own members
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News
Patriciu's Rutley takeover OKed
Dinu Patriciu, Romania’s richest man, will likely take over Rutley European, the listed property fund managed by Knight Frank’s private equity arm, Rutley Capital Partners
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News
RREEF offloads Welsh Waitrose
RREEF has sold a Waitrose supermarket in Pentwyn, Cardiff, for £10m at a 6.04% yield to a private investor
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Insight
Tye's new rugby pitch
Rugby Estates founder David Tye wants investors to put £100m into his new asset management venture