All Property Week articles in 20 July 2007 – Page 9
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Online
Candys in High Court branding row
Luxury residential developer Candy & Candy is suing a firm of East London builders accused of stealing its name.
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OnlineWilson is Midlands Personality of the Year
Wilson Bowden founder David Wilson, who sold his Leicestershire-based developer and housebuilder to Barratt for £2.2bn earlier this year, was last night crowned as the first Midlands Property Personality of the Year.
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Great Portland reveals strong first quarter NAV rise
Great Portland Estates this morning revealed an increase in net asset value of 8.1% a share in its first quarter results
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Property funds move closer to REIT status
Authorised property investment funds took a step closer to achieving the same tax-free status as REITs yesterday.
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News
Delta pledges £3bn investment in Sainsbury’s
Delta Two, the Qatari-backed investment fund seeking to buy Sainsbury’s, pledged to invest £3bn in the retailer to create thousands of jobs and take it into inter¬national markets. Financial Times. The Times. Daily Telegraph. The Guardian. The Independent
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Wetherspoon breathes easy after smoking ban
JD Wetherspoon shares rose nearly 10% yesterday as the pub chain pointed to an encouraging sales performance in light of the smoking ban. Financial Times. The Times
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News
Bahrain bank to build $5bn city near Beijing
A consortium led by Bahraini Islamic investment bank Gulf Finance House unveiled plans on Tuesday to build a residential and industrial city in China worth up to $5bn. Financial Times
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News
Dragon parks caravan share
Deborah Meaden, the Dragon’s Den star, is set to reap a second multimillion-pound fortune from the sale of caravan park operator Weststar Holidays to rival Parkdean Holidays. Daily Telegraph
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Baugur founder eyes Debenhams with £600m war chest
Jon Asgeir Johannesson, the Icelandic entrepreneur who has stakes in many of Britain’s best-known retailers, has hinted that he is considering a bid for Debenhams. Daily Telegraph
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News
Wal-Mart ponders China shopping trip
US supermarket retailer Wal-Mart is considering a part- or full purchase of one of China’s biggest retail groups. Daily Telegraph
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News
Macy's is on KKR’s shopping list
American department store group Macy's could be about to fall into the hands of private equity. The Independent. The Times
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Tchenguiz close to Mitchells & Butlers deal
Robert Tchenguiz is close to tying up a £4.5bn property joint venture with pub operator Mitchells & Butlers. The Times
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Jones Lang LaSalle pumps up volume to £187bn
Jones Lang LaSalle reported a record £187bn of property deals in the first half of the year. The Times
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Italian fund suspension
Shares in Berenice, the Italian property investment fund, were suspended pending a statement. The Times
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Online
Land Securities makes first share buyback
Land Securities kicked off a share buyback programme today with the purchase of £5m of shares.
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Hull Citybuild appoints new CEO
John Holmes, director of regeneration of One NorthEast, has stepped up to lead flood-stricken Hull through its clean-up and redevelopment period as the new chief executive of Hull Citybuild.
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GCP in £160m central London spree
The Great Capital Partnership, the 50:50 joint venture between Great Portland Estates and Capital & Counties, has bought £160m of property in central London.
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REO appoints technical team for Battersea development
Real Estate Opportunities, the owner of Battersea Power station in London, has appointed a technical team to work with architect Rafael Viñoly on the masterplanning of the development of the power station.
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Modus picked for Blackpool regeneration
Modus has been selected as preferred developer for the next phase of regeneration in Blackpool.
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Property profits rise at UK Coal
UK Coal’s property division is expected to report a £30m rise in profits this year, following ‘significant progress’ in developing the portfolio.
