All Property Week articles in 19 December 2008 – Page 3
-
Online
Modus to sell out of shopping centre venture with Ciref
Developer to sell its stakes in Wakefield, Newport, Crewe, Coventry and Warrington centres
-
Online
Goodman fund in £300m asset injection
Investors in £1.5bn business parks fund carry out ‘recapitalisation’
-
Online
DTZ in rescue equity share issue
DTZ is aiming to raise up to £52m of new equity to keep itself afloat.
-
Online
Citibase delays AIM flotation by a month
Citibase Holdings, a serviced office provider, has delayed its flotation on AIM until the middle of January.
-
Online
AIM-listed Fabian Romania to be taken over
Fabian Romania, the AIM-listed Romanian property investor, is to be taken over in an E50.8m (£48m) deal.
-
Online
Tokyo condo supply set to rise next year
The condominium supply in Tokyo and surrounding areas may rise for the first time in five years in 2009 after dropping to a 16-year low in 2008, the Real Estate Economic Research Institute has said.
-
Online
US 30-year mortgage rates hit record low
Interest rates on 30-year fixed rate mortgages dipped to their lowest level in at least 37 years after the Federal Reserve this week reaffirmed its commitment to a program designed to loosen consumer lending, according to a closely watched weekly survey released yesterday.
-
Online
Japan cuts rates to 0.1%
The Bank of Japan has slashed its benchmark interest rate to just 0.1%, joining a wave of global cuts as it warned of a sharp deterioration in the world's second largest economy.
-
Online
Aussie household wealth crashes
Australian households have lost a quarter of their wealth since the global financial crisis began late last year, with the latest official count putting the carnage at a total $700bn.
-
Online
Rising mortgage rates to hamper HK upgrading
About 450,000 homeowners who are enjoying low-interest mortgage loans may defer plans to move to bigger flats now that it appears Hong Kong's eight-year 'negative mortgage rate' regime will end next year, said Midland Realty Holdings.
-
Online
Beijing policy moves boosts mainland property shares
Hong Kong-listed mainland property shares rallied yesterday, a day after Beijing unveiled new measures to support the ailing market.
-
Online
Abu Dhabi homebuyers 'hungry' for mortgages
Home buyers in the capital 'are hungry for mortgages', according to the chief executive of a new home finance company.
-
Online
Dubai rents show signs of slipping
Residential rents in Dubai are showing signs of weakening as more properties come on the market and demand eases with the slowing economic growth. However, in Abu Dhabi brokers say rents are still increasing.
-
Online
CML warns of arrears surge
The number of mortgages in serious arrears is set to double next year as conditions in the housing market continue to deteriorate, the Council of Mortgage Lenders said yesterday.
-
Online
Retailers question accuracy of sales data
Economists and the British Retail Consortium yesterday criticised the Government's latest retail sales data for being 'overly rosy' and not matching the harsh reality that shops and consumers are facing.
-
Online
Darling plans fresh lending package
Alistair Darling will next month announce a package of measures designed to kickstart bank lending, amid signs of a worsening recession and fears that good businesses are being forced under by a shortage of credit.
-
Online
British Land shares boosted by chief exec choice
British Land has chosen another banker to lead the company through the worsening property slump with the appointment of Chris Grigg, the former head of UK business banking at Barclays, as its new chief executive.
-
Online
Morgan Sindall orders 'robust'
The construction and regeneration group said that it was in line to hit its targets of 'record' profits this year, with its order book looking robust at £3.8bn and a development pipeline of £1.3bn in its urban regeneration division.
-
Online
Battersea power station plan scaled back
London’s Battersea Power Station redevelopment has been scaled back following opposition to parts of the original proposals.
-
Online
Medics for Spinningfields
The General Medical Council has placed Allied London’s Spinningfields office scheme in Manchester under offer
