All Property Week articles in 19 December 2008 – Page 4
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Mayor to overhaul London Plan
Mayor of London Boris Johnson will carry out a comprehensive review of the London Plan following a consultation in July
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McCann in hot seat at Lend Lease
Lend Lease has appointed finance director, Steve McCann, as chief executive in Australia after a global search
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Multi halves number of UK staff
Multi Development, the UK arm of Dutch property company Multi Corporation, has made half of its UK team redundant in response to the downturn
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Job losses halt Friends Provident search
Friends Provident has stopped its search for up to 120,000 sq ft of office space in Manchester after making a large number of jobs redundant
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Ferragamo opens in Westfield
Italian fashion house Ferragamo is to open its third UK store, a 300 sq ft unit at Westfield London’s Luxury Village
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OnlineExemplar in Miltongate row
Exemplar Properties is suing UBS Global Asset Management over unpaid fees at UBS’s Miltongate scheme in the City of London (above)
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Panattoni set on Europe
The European arm of US developer Panattoni is cutting costs and streamlining to ensure that it can continue its operations in the region
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Grosvenor exits US Embassy race
Grosvenor is no longer in the running to buy the 999-year leasehold of the US Embassy in Grosvenor Square, London. Grosvenor, which owns the freehold on the building, was backed by Qatari Diar
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OnlineTottenham Hotspur unveils new stadium designs
Tottenham Hotspur has unveiled designs for the club’s proposed new 60,000-seat stadium in north London, part of the Northumberland Development Project.
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HDG Mansurs Churchill departs
HDG Mansur’s head of investment management in Europe, Philip Churchill, has left the company
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Chiltern International for Slough
Clinical trials company Chiltern International has taken 28,442 sq ft at ING Real Estate’s 171 Bath Road in Slough, on an assignment of Computer Associates’ lease, paying £23/sq ft
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F&C Reit’s McGrath to buy Tribune
F&C Reit Asset Management managing director Kevin McGrath is in talks to buy 51% of left-wing newspaper Tribune for £1
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OnlineQatari Diar Real Estate Investment Company finances Renzo Piano-designed Shard and London Bridge Place schemes
Qatari Diar Real Estate Investment Company is to provide the bulk of the development finance for the Renzo Piano-designed Shard and London Bridge Place schemes
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OnlineBoots must pay for Trafford Centre’s Santa’s grotto
Boots has lost a legal dispute over paying for a Santa’s grotto and Christmas decorations at the Trafford Centre in Manchester
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OnlineBolongaro Trevor opens its first shop
Bolongaro Trevor, the fashion brand favoured by pop stars and owned by All Saints founders Stuart Trevor and Kait Bolongaro, is to open its first shop this week at 61 Broadwick Street, off Carnaby Street in London
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Buyers baulk at bulky-goods retail parks
The number and size of retail park investment transactions has severely dropped over the last year, causing bulky-goods retail park yields to rise to more than 8%
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Grand Arcade’s smell of success
Grand Arcade Partnership, a joint venture between Universities Superannuation Scheme and Grosvenor, has signed up perfume house Penhaligon’s to its 450,000 sq ft Grand Arcade scheme in Cambridge
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Secondary shopping centre yields depreciate further against prime
Yields on secondary shopping centres are expected to reach double digits by next year
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Online‘No plan B’ after Manchester rejects congestion charge
'We failed,' admits council chief Bernstein, as region roundly rejects charging element of £3bn plan
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Strategic Retail in administration
Strategic Retail, owner of homeware and DIY chains Fads, Leveys and Texstyle World, has appointed administrators
