All Property Week articles in 19 March 2010 – Page 3
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Australia home price rises slow
Australian home price growth will slow to about 5% in the next 12 months as falling affordability and the end of government stimulus measures constrain gains, said AMP Capital Investors.
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UPP’s student scheme at King’s College London gets green light
Student accommodation developer University Partnerships Programme (UPP) and King’s College London have been granted planning permission for a major student accommodation scheme by Southwark Council’s planning committee last night.
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Bank bonus tax could net Treasury £2bn, E&Y says
The one-off bank bonus tax could generate £2bn of revenue for the Treasury which could fund targeted measures announced in today's Budget, Ernst & Young has predicted.
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Carpetright shares tumble on profits warning
Carpetright shares fell by 12% after the retailer sounded a surprise profit warning and said it had suffered a slowdown in sales growth.
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Bellway shifts back into profit
Bellway, the national house builder, has moved back into profit for the first time since the housing slump after recording strong growth in the number of homes sold in the UK.
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Invesco in first $120m closing of US real estate fund
Invesco Real Estate has had its first closing of a US real estate fund - US IV fund - which is the fourth fund in a series of “tactical funds” investing European institutional capital into the US real estate markets.
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Major Isle of Wight scheme plans agreed
The Isle of Wight Council and Spectrum Housing Group have signed a development agreement to carry ou a £120m residential development on the Isle of Wight.
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Goodman proposes £40m international space centre
Business secretary Peter Mandelson and science minister Lord Drayson have announced plans for a £40m international space centre at Harwell Science and Innovation Campus.
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Mayor reviews London-wide target for Gypsy and Traveller pitches
The Mayor of London Boris Johnson has published proposals to reduce the London-wide target for Gypsy and Traveller sites from 538 to 238.
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HSBC hires new global head of real estate
HSBC has appointed John Herbert to the newly created role of global head of real estate.
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LSH's Nahome expects "caretaker's budget"
The Budget will be a missed opportunity to win the support of the property industry, Lambert Smith Hampton's Ezra Nahome said today.
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PWTV: Cuts are not the way forward, says Cable
The government should resist making big spending cuts straight after the general election if it wants to help the UK tackle its public sector deficit, deputy leader of the Liberal Democrats told Property Week.
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Hansteen kicks off UK spending spree
Hansteen, the European industrial property REIT, has begun investing for its new £180m UK fund.
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Select Committee criticises Decent Homes progress
The government's £40bn Decent Homes programme should target private as well as social housing in future, a Select Committee report has warned.
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Second month of High Street growth expected to continue over Easter, says CBI
Retail sales on the UK high street have grown for the second month running, and sales growth is expected to continue at a similar pace through Easter, the CBI said today.
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Savills makes £23bn 'case' for new housing
An extra 100,000 new homes built each year would put £23bn into government coffers over the life of the next parliament, according to research by Savills.
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Asda sells in Paisley
Asda has sold the former Arnotts department store in Paisley to Park Lane Developments.
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London surrenders top city ranking to New York
London has surrendered its ranking as the world’s top city to New York as wealthy residential investors retreat from a punitive tax regime in the UK, according to the 2010 Wealth Report.
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Lend Lease appoints new US chief
Lend Lease Group has appointed a new chief executive, Robert McNamara, to reposition its US business as the country recovers from the downturn.
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Luxury home prices dip on global crisis
Luxury homes became more affordable last year as the financial crisis eroded prices from Monaco to Barbados, according to Knight Frank.