All Property Week articles in 18 September 2009 – Page 5
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LaSalle lets 6,600 sq m in Paris
LaSalle Investment Management has let a large a unit within the Delage office building in the north west of Paris.
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Biggest Topshop in Europe outside London opens in Liverpool
TopShop has today opened its 65,000 sq ft Liverpool One store, its largest in the UK bar its Oxford Circus store.
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Primary Health to raise £57.5m from share sale
Primary Health Properties is the latest listed property company to tap investors for new equity.
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Songbird buys £112.5m Canary Wharf stake
Songbird Estates is to spend £112.5m increasing its stake in Canary Wharf.
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British Land exchanges on Blackstone's £77m Broadgate purchase
British Land today exchanged contracts to sell 50% of its Broadgate estate to Blackstone for £77m.
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Land Securities poaches GPE's Noel to replace Hussey
Land Securities has recruited Great Portland Estates’ Robert Noel as head of it London portfolio.
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RESI 09: Kerslake reveals four-point plan to kickstart private rented sector
Sir Bob Kerslake this morning promised the Homes and Communities Agency would provide 'site specific' support to individual schemes and funds to kick start the private rented sector.
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Three to leave Savills retail team
Savills has been locked in talks with five members of its retail team, former Blair Kirkman staff, who have been planning to leave to set up a new firm.
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Investors aim to restore Cairo's faded splendour
Salvaging the neglected heritage of Cairo is an ambition of a new company, Al-Ismailia for Real Estate Investments, which has been buying up properties in the centre.
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Hong Kong banks warned over mortgage pricing
Hong Kong’s central bank warned lenders in the city that their 'intense price competition' on mortgages isn’t sustainable and may erode industry profit margins and increase risks.
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Austrian developer sweetens merger deal
Minority shareholders in Immoeast, the Austrian property developer that plans to merge with majority owner Immofinanz, will be offered control of the enlarged company in return for backing the transaction.
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Nakheel assets moved to investment arm
Dubai World, the government-owned ports and property conglomerate, will shift top staff along with property assets valued at billions of dirhams from Nakheel, its property arm, to Istithmar World, an investment subsidiary.
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Dubai homes 'set for more falls'
Residential property prices in Dubai will fall by up to a third by the end of the year as new housing is ready, according to analysts.
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Mainlanders drive up Kowloon penthouses
Cashed-up mainlanders are among the super-rich sending luxury property prices in Hong Kong into the stratosphere, with two apartments in Kowloon on the market for a record-breaking HK$300m.
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Kier sharply down
Kier, The London-listed construction company reported a 41 per cent fall in full-year underlying pre-tax profits to £52.8m, from £86.9m last time, broadly in line with analysts’ expectations, and said that the new financial year had started well.
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Retail gloomy on sales data
Gloomy summer weather hit sales and left retailers in the doldrums, official figures showed yesterday.
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Scotland scraps airport rail link
Plans for a £120m rail link between Glasgow’s airport and city centre have been abandoned by the Scottish government as it prepares for a 'significant squeeze' on public expenditure.
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Lloyds set to join toxic asset scheme
Lloyds Banking Group is now likely to take part in the government’s insurance scheme to ring fence toxic assets in spite of attempts to wriggle out of the programme.
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Sheep wrangler
Bloomsbury is strong on pioneering spirit and Lambs Conduit Street is well known as an enclave for independent retailers
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Victoria Street property for sale
Aviva Investors has appointed CB Richard Ellis to sell 39 Victoria Street for £42m, at a yield of 8%