All Property Week articles in 18 September 2009 – Page 4
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Firmdale buys Soho’s Ham Yard
Boutique hotel chain Firmdale, owned by Tim Kemp and his wife Kit, has bought a rare development site in London’s Soho.
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Silver Fern plans Edinburgh hotels
Warwickshire-based private developer Silver Fern Group has submitted a planning application to develop two hotels at the site of the former council offices at Shrubhill on Leith Walk, Edinburgh.
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Henderson appointed to manage Future Fund’s 33% Bullring stake
Henderson Global Investors has been appointed by the Australian Government Future Fund to manage its initial UK property investment – a 33% stake in the Bullring shopping centre in Birmingham.
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PW TV: Fashion graduates compete to be mentored by Jimmy Choo
Four graduates from the London College of Fashion have entered a competition to win a shop in London's Connaught Village rent, service charge and rates free for six months.
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Treasury Holdings gets planning for regeneration of Ballymun Town Centre in Ireland
Irish developer Treasury Holdings, on behalf of Real Estate Opportunities (REO), has received full planning permission for the €800m regeneration of Ballymun Town Centre in north Dublin.
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India's property companies expect to keep prices steady
It will be a mistake to raise prices of homes now anticipating festive season demand and because of a fall in new project launches, since the revival of consumer interest may be fragile, according to some builders.
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California home prices fell in August
California's median home price dipped slightly in August, down 0.4% from July. It's now $249,000, down from $250,000 in July.
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Stockland takeover talk picks up
Mergers and acquisitions could soon wash over the Australian REIT sector, with the suggestion that Stockland could make a tilt at GPT gaining ground in recent times. GPT has been well supported by hedge funds, which last week pushed the stock up 7.03% to 69¢ per security - still half ...
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Kuwait prices could rise by year end
House prices in Kuwait are set to level off and could rise by the end of the year, according to a new report on the country’s real estate market.
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Powerlong to use IPO funds for land
Powerlong Real Estate Holdings and a shareholder will raise as much as HK$4.9bn ($632m) in an initial public offering in Hong Kong, according to a sales document sent to investors.
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Swiss developer says institutional competition is fierce
PSP Swiss Property, Switzerland’s largest real-estate company by market value, said competition from insurance companies and pension funds is making it difficult for the company to buy assets.
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European commercial property time-bomb ticking
European commercial property owners face a wave of complex debt refinancing and restructuring that pose a threat to the sector, according to bankers and industry groups.
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Reichmann exits Canary Wharf
Paul Reichmann has sold out of Canary Wharf Group, ending a 22-year relationship with the London Docklands development he founded.
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£60m hotel planned for London bomb site
A Soho site that has been largely undeveloped since it was bombed in the Blitz is to be turned into a luxury £90m hotel, with housing, by Firmdale Hotels, the boutique hotel operator.
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'Dustbin of Leeds' to become green beacon
An eight-storey block of flats in Beeston, West Yorkshire, which had become a virtual no-go area because of the drunks and muggers, known by locals as the 'dustbin of Leeds', is about to get a new lease of life under plans to make it into one of the country’s biggest ...
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Watch retailer signs in New Bond Street
Watch retailer Kronometry has taken a 2,200 sq ft shop at 106 New Bond Street in its UK debut.
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Primark to open at the Rock in Bury
Primark will open a 50,000 sq ft store at Thornfield’s 1.6m sq ft mixed-use scheme, The Rock.
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Land Securities sells 33% stake in Bullring for more than £200m
Land Securities has sold its 33% stake in the Bullring shopping centre in Birmingham to Australia’s Future Fund for more than £200m, reflecting a yield of around 7%.
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Authors outline BCO spec guide
Over 100 property people went to the launch of the 2009 edition of the UK Guide to Specification by the British Council for Offices held at the offices of Henderson Global Investors, in the City of London last week.
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Richard Rogers steps down from Boris's design panel
Renowned architect Richard Rogers is stepping down from the Mayor of London’s Design Advisory Panel and Great Spaces Panel.