All Property Week articles in 18 February 2011 – Page 2
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Markets
Edison Park rents slashed
Quoting rents at Edison Park on Dorcan Way in Swindon have been cut from £16.75/sq ft to between £10/sq ft and £14/sq ft, now that the business park is in receivership. Keningtons is the letting agent.
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Markets
Rent remains the same as law firm docks at Harbourside
Law firm prelet brings Bristol office scheme nearer to completion
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Insight
North-south retail divide grows
Retailers have good reason to forget 2010. Sales at food stores have fallen 3.4% on 2009 – the biggest year-on-year drop since records began in January 1988
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Markets
Danes put Reading offices on the market
Abbey Gardens in Reading city centre has been put up for sale by Danish fund PFA Invest International for £23m
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News
JJB CVA deemed unsporting as it joins other straitened retailers
Chief executive Keith Jones “astonished” by reaction as landlords threaten to block proposals
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Professional
Renewed impetus for landlords and tenants to cut a deal, says Tony Lorenz
Times are changing for rent review surveyors. Our focus is no longer only on rent reviews
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News
Knight courts Hants Prince
Knight Frank Investors has bought the Princes Mead shopping centre in Farnborough, Hampshire, for £26.3m
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Professional
Failure to consult is insult
The message Landlords may not recover service charges for major works if they fail to properly consult tenants
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Professional
Sustainability 'confusion' revealed
Property companies have made little progress on reducing the carbon footprint of buildings over the past few years, a report from King Sturge says
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News
Propinvest ponders Citi workout
One of the building’s owners, Glenn Maud’s Propinvest, has engaged the financing and restructuring team at Deutsche Bank to try to find a refinancing solution for the tower. Other investment banks, including Citi itself, have also submitted structuring proposals for a loan refinancing. It is understood that options being examined ...
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Markets
GMB union cherry-picks Kembrey
Kembrey Business Park (pictured), the out-of-town development near Swindon, which attracted more office occupiers last year than anywhere else, has begun the year with a small but significant letting
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News
Grosvenor goes Native with Chelsea residential site
Grosvenor and Native Land to buy £50m 1 acre Alpha Place out of receivership
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News
King Sturge raises half a million for charity
King Sturge raised almost £500,000 for charity last year, through the 1760 Charity Appeal it set up to celebrate 250 years in business
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Professional
Crematorium to heat leisure centre
A local authority has approved plans to supply a leisure centre with heat from a crematorium
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News
White: ‘CBRE is number one in every service we provide’
Chief executive in buoyant mood as firm completes $1.2bn capture of ING REIM
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News
Time Warner picks CB Richard Ellis
Time Warner last week appointed CB Richard Ellis to advise on its central London offices, following a competitive pitch
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Insight
CB Richard Ellis’s ING deal is fund management game changer
Nomura property analyst Mike Prew was unimpressed with British Land’s third-quarter results and their purchase of a £30m shopping centre in Barnstaple
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News
Cribbs Causeway hobnobs with retailers
Hobbs and Paperchase are the latest retailers to take space at the Mall at Cribbs Causeway near Bristol
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News
Cashflow into funds dries up
The net flow of money into UK pooled property funds began to dry up in the final quarter of 2010
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Markets
Landlords still at odds with Freud’s rent cap
BPF and Lord Freud square up over government rent collection restrictions.