All Property Week articles in 18 March 2011 – Page 4
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News
Cardiff Bay washes up on market
A 50% stake in Cardiff Bay Retail Park is being put on the market for £27m, reflecting a yield of 6.25%
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Insight
Don’t bank on a local branch
Retail banking has been criticised recently for a reduction in the number of high street branches over the past 10 years
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Professional
Councils await new business rate regime
Budget to clarify whether the government favours grants over retention
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Markets
Auntie keeps crunching in UK
Auntie Anne’s, a US pretzel chain, plans to open up to 100 units in the UK over the next five years
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News
Make Cable’s land auctions compulsory, says economist
But property experts warn system could undermine local plans for development
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Insight
Loony land auctions will never take off
Land auctions, which are to be introduced in next week’s Budget, are the most radical idea for the property industry since Development Land Tax
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Professional
Government to attack tax avoidance in Budget
Stamp Duty Land Tax dodging and non-doms likely to be targeted
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News
Distressed Irish assets go under hammer
Allsop and Dublin-based property consultant Space have revealed the 80-strong catalogue of Ireland’s first distressed multi-lot property auction
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Insight
My aspirations for localism in housing design, by Paul Finch
The housing and planning minister, Grant Shapps, has made a spirited and largely welcome call for an end to what he describes as “identikit Legoland” housing design
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News
Australian bank signs cheque for Area’s European strategy
Europe and Asia CEO Bill Benjamin aims to diversify with new fund launches
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News
Mitchells & Butlers to buy another round
Pub group to open more than 200 restaurants, pubs and bars over next two years
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News
Rosen is always ready to roll
Not being a slave to fashion, last month’s launch of high-fashion men’s luxury clothing online retailer, Mr Porter, passed me by
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Markets
London’s alive but needs more beds
The London hotel market has survived the Black Death, the Great Fire, the Blitz and now the recession
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Markets
Alexon catwalks into Capability
Alexon has taken 25,000 sq ft of office space at IVG’s 75,000 sq ft 500 Capability Green building in Luton. The women’s fashion retailer is relocating from Luton town centre. It will pay £16/sq ft on a 10-year lease for one floor of the building. Savills and Bray Fox Smith ...
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News
L&G in Citygrove Aldershot tie-up
Legal General Property has agreed to forward-fund the Westgate leisure scheme in Aldershot
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Markets
Henderson swims against current at Old River scheme
Developer adamant that controversial scheme will improve retail in Bishop’s Stortford
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Markets
‘Facebook generation’ scoops agency award after eight months in business
Agents once needed a few years in business before they could win awards. But property people at Young Norwood’s charity dinner in February voted Hatton Real Estate agency of the year
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Markets
Express owner to create ‘media city’ after Luton scoop
Media mogul Richard Desmond plans to create a £100m “media city” for his Northern Shell newspaper group on an industrial site in Luton
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Professional
Act fast to cure a nasty dose of flue
The message: A builder escaped liability for economic loss through a contractual exclusion