All Property Week articles in 19 March 2010 – Page 4
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New players enter General Growth fray
Elliott Associates and Paulson & Co. are discussing a plan to team with Brookfield Asset Management Inc. to bring mall owner General Growth Properties out of bankruptcy, two people familiar with the talks said.
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Four Seasons Maui misses mortgage payment
The Four Seasons Maui has gone delinquent on its $425m of mortgages just as the Four Seasons New York and others have reached compromises with their lenders.
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Dubai mortgage market jumps 75%
The value of the Dubai mortgage market has increased by 75% so far this year, compared to the same period last year, according to figures from the Dubai Land Department.
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Abu Dhabi moves to protect tenants
The Abu Dhabi Government has announced plans to protect tenants from volatile rents.
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Geithner urges Fannie, Freddie reform
US Treasury Secretary Timothy Geithner said the government should end the “ambiguity” over the government’s involvement in mortgage finance companies Fannie Mae and Freddie Mac.
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China developer caps buyers to battle speculation
Cheung Kong, the Hong Kong-based real estate company controlled by billionaire Li Ka-shing, is capping the number of homes for each buyer at a new residential project as the government tries to curb speculation amid concerns of a property market bubble.
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Simon Fryer to set up on his own in Bracknell
Simon Fryer, the well-known Thames Valley agent, is setting up his own firm in Bracknell.
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Housing minister Healey warns against Tory rise of the Nimby
Housing minister John Healey today raised the political stakes in housing with a warning that a vote for the Conservatives in the forthcoming election would be “the green light for Nimby shutters coming down”.
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US commercial property index up for third month
US commercial property values rose for a third month in January as the economy grew, according to Moody’s Investors Service.
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New York beats off Floria to keep JetBlue HQ
JetBlue Airways, the biggest carrier at New York’s Kennedy Airport, will keep its headquarters in the city after studying whether to relocate to Orlando, Florida, two people with knowledge of the talks said.
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Work to start on Gregory's £50m Halifax scheme
Developer Gregory Projects, part of Leeds-based Gregory Property Group, has confirmed that work will start within the next few weeks on its £50 million mixed-use scheme in Halifax. It comes after the developer was able to agree a new £2.8m funding deal with Yorkshire Forward.
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Morgan Stanley launches $370m fund of funds
Morgan Stanley Investment Management has raised $370m for a new fund that will buy secondary interests in opportunistic and value-added private equity real estate funds.
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London hotel occupancy improves
London hoteliers achieved healthy growth in February while the regions posted healthier occupancy rates.
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Regus makes £87m profit in 2009
Regus today delivered a resilient set of results for last year but warned about an “unclear” outlook for the UK.
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VIDEO: Aliens, Puff Daddy and the KJB in Rich Heap's twist on this year's MIPIM
Property Week's resident stand-up comedian Rich Heap presents his take on this year's international property festival in Cannes including mooning out of EasyJet and what Boris and Bono have in common.
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US discounters to grow on 'new frugality'
Dollar General, Saks’s Off 5th and Chipotle Mexican Grill are among the discounters and fast-food chains set to expand in 2010 as US consumers embrace a “new frugality,” according to Colliers International.
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MIPIM ARCHIVE: I'm back from planet MIPIM with a jolt
I’m back from planet MIPIM with a jolt (and a parking ticket). After an enjoyable lunch at Rado Beach restaurant courtesy of REED MIDEM I landed at Heathrow late on friday evening in the pouring rain and was just grateful that my flight hadn’t been grounded by the strike.
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India's capital region stable as price soar elsewhere
Property prices in the National Capital Region have remained more or less stable despite rising rapidly elsewhere in the country. Prices of luxury houses have however, begun to rise in Gurgaon.
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US retailers seek smaller units
Chastened by the recession retailers including Gap and AnnTaylor Stores are poring over their holdings, looking for stores they can cut down to size.
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UAE's Union Properties willing to sell assets
Dubai's Union Properties is willing to sell all any of its projects if it receives a fair price, its chairman told UAE newspapers.