All Property Week articles in 20 July 2007 – Page 2
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Decision day for Candys in Kensington
Kensington councillors will today decide whether to give the green light to the latest block of luxury flats from Candy & Candy. Financial Times
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Ascendas to list Indian fund in Singapore
Property management company Ascendas is this week to announce the pricing for the first listing in Singapore of a fund investing in Indian property. Financial Times
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Family hardens against Sainsbury’s ‘op-co/prop-co’
Delta Two, the Qatari-backed consortium that has launched a £10.4bn takeover bid for Sainsbury’s, is this week set to resume efforts to win over sceptical members of the Sainsbury family. Independent on Sunday. The Times. Financial Times. The Independent
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Qataris prepare to bid for US embassy
The Qatari ruling family has instructed its advisers to prepare a bid for the American embassy in Grosvenor Square, Mayfair, one of the capital’s most exclusive sites, which could be worth about £500m. Sunday Times
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Lend Lease in lead at Elephant
Lend Lease is tipped to win the right to carry out a £1.5bn plan to transform the rundown Elephant and Castle in south London into 170 acres of upmarket flats and shops. Sunday Times
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AAIM targets mainland Europe
Property fund manager AAIM is to follow the flood of money into property on mainland Europe with the launch of a £2bn fund. Sunday Telegraph
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Blacks defies Ashley over Freespirit sale
Blacks Leisure, the struggling camping and sportswear retailer, is set for a head-on collision with Mike Ashley, the Sports Direct founder, after it appears to be preparing a sale of its Freespirit clothing chain for surfers and snowboarders. Sunday Telegraph. Financial Times
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Auckland airport board backs Dubai bid
Dubai is set to acquire a majority stake in Auckland airport, the largest airport in New Zealand. Financial Times
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Sellar lodges plans for Seal House
Irvine Sellar has lodged plans for a David Chipperfield-designed scheme at Seal House in the City of London.
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OnlineJLL pulls off Morocco's biggest Hotel deal
Jones Lang LaSalle Hotels has sold the Hilton Rabat in Morocco for around U$89m (£43m) to Risma Holding in the country’s largest ever single hotel deal.
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Grosvenor makes new fund management appointment
Grosvenor Fund Management has appointed Sharon Bloodworth as senior asset manager on its specialist shopping centre team.
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ING fund manager shrugs off ‘scaremongering’
Michael Morris, fund manager of the £401m ($821m) ING UK Real Estate Trust, remains positive on the property sector, despite concerns that the market is reaching a peak. Financial Times
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International boost for Mothercare
International expansion helped Mothercare to sales growth of more than 20% in the 15 weeks to 13 July. Financial Times
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Morgan Stanley’s high hopes in Hong Kong space squeeze
Morgan Stanley is likely to become the first tenant at what will be Hong Kong’s tallest building amid a property crunch in Asia’s financial capital. Financial Times
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Port planning policy guidance
Commercial port operators should retain the main responsibility for deciding where new ports are built around England and Wales, the Department for Transport has said. Financial Times
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Heathrow chief’s flight path to Laing
Tony Douglas, chief executive of Heathrow airport, to join BAA’s biggest building contractor, Laing O’Rourke. Financial Times. Daily Telegraph. The Times
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Audit Office warns of Olympics ‘grey hole’
The £9.3bn London Olympics budget contains ‘significant areas of uncertainty’ that could drive costs up, the National Audit Office is to warn today. Financial Times
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Qataris bid 600p a share for Sainsbury's
Sainsbury's directors met yesterday to discuss the £10.44bn takeover bid tabled by Delta Two, the government of Qatar-backed fund. The Guardian. Financial Times
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Hunter digs even deeper for Dobbies
Sir Tom Hunter increased his stake in Dobbies Garden Centres – as Tesco extended the deadline for shareholders to accept its takeover bid for the company. Daily Telegraph
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HMV eyes former Fopp stores
HMV is considering buying a handful of Fopp stores from the administrator of the collapsed music retailer. Daily Telegraph
