All Property Week articles in 20 July 2007 – Page 10
-
Online
RREEF and Pirelli buy €1.7bn (£1.1bn) German company
RREEF, the real estate arm of Deutsche Bank, and Italian company Pirelli have bought German residential property company BauBeCon for around €1.7bn (£1.1bn) from US private equity fund Cerberus.
-
Online
Qataris plot £12bn Sainsbury's bid
Supermarket giant Sainsbury’s confirmed this morning that it had received a preliminary approach from Qatari-backed investor group Delta Two regarding a potential takeover bid.
-
News
Business braced for Russian backlash
British business is braced for a possible increase in costs and delays in dealing with Russian officials following the expulsion of four Russian diplomats yesterday. Financial Times
-
News
Railtrack administrator to take on Metronet
The £30bn London Underground public-private partnership programme looks increasingly uncertain as Metronet, the company maintaining and upgrading two-thirds of the network, prepares to go into administration. The Guardian. The Times. Daily Telegraph. The Independent. Financial Times
-
News
Hunter’s £1bn charity giveaway
Sir Tom Hunter, Scotland’s richest man, announced yesterday that he is to donate £1 billion to charity. The Times. Financial Times
-
News
Sainsbury’s subject to £12bn Delta Two bid
Qatari-backed investment group Delta Two has made a tentative offer of 610p share, or about £12bn, for Sainsbury’s – just three months after the UK retailer rejected a high-profile bid from private equity group CVC Capital Partners. The Times. Daily Telegraph. Financial Times
-
News
Ascott to open Edinburgh ‘Citadine’
Ascott Group, the Singapore-listed operator of ‘apart-hotels’, has signed an agreement with Gladedale Capital to open its first ‘Citadines’ centre in Edinburgh. The Times
-
News
Center Parcs’ to refresh restaurants
Tragus has signed an agreement with Center Parcs to open nine restaurants across its four holiday villages under its Café Rouge, Bella Italia, Strada and Ortega brands over the next 12 months. The Times
-
News
The end of regional assemblies
The eight English regional assemblies that are responsible for housing and planning are to be scrapped and their powers handed to unelected quangos. The Times
-
News
InterContinental to bring Hotel Indigo to London
InterContinental Hotels Group is to bring its fledgling Hotel Indigo brand to the UK. The Times
-
News
Leslau in £622m Alton Towers leaseback
Merlin Entertainments, which operates some of Britain’s most famous tourist attractions, has sold four sites to Nick Leslau’s investment vehicle, Prestbury. The Independent. Daily Telegraph. The Times
-
News
Quill Securities increases Quintain stake
Shares in Quintain Estates & Development edged up after Quill Securities, the property investment unit of HBOS, increased its stake in the company to 13.9%. Financial Times
-
Online
GE, Crestyle and Cheyne team up in Czech spree
GE Real Estate and Crestyl, in association with Cheyne Capital, have teamed up to buy ICKM Real Estate, a €100m (£67.9m) portfolio of residential developments in the Czech republic.
-
Online
ING wins £560m advisory role
ING Real Estate has won a £560m advisory mandate for one of the UK's largest property pension funds.
-
OnlineWalbrook Square gets green light
Legal & General has been given planning permission for its 1m sq ft Walbrooke Square scheme.
