All Property Week articles in 20 June 2008 – Page 11
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Online
Lehman takes $175m Mumbai business park stake
Lehman Brothers has paid $175m (£89m) for a 50% stake in a business park development outside Mumbai.
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Gazeley sale links
To view stories on the Gazeley sale, click on the headlines below. Dubai World buys Gazeley Dubai’s DP World closes in on Gazeley Wal-Mart to sell off industrial developer subsidiary Gazeley, despite market slowdown
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Outlet mall defies gloomy forecasts
The Lowry Outlet Mall in Salford Quays, Manchester, has signed up two new occupiers and is reporting record sales for May, despite gloomy forecasts for the retail sector.
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OnlineNew Westminster leader pledges Olympic revamp
Westminster Council’s new leader, Colin Barrow, last night pledged to revamp central London in time for the 2012 Olympic games.
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OnlineAtisreal buys Barnes Daniels
Atisreal has bought Jersey business Barnes Daniels and Partners as a springboard for its Channel Islands business.
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HBOS 'cautious' on property investments
HBOS, one of the UK’s major property lenders, has said that revenues from its corporate investment portfolio this year will be ‘as anticipated, well below the record level achieved in 2007’.
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Bar Estilo signs at £130m Surrey scheme
Crest Nicholson Regeneration and Standard Life Investement have let the final ground floor restaurant unit in their £130 million mixed use leisure scheme, The Atrium, in Camberley, Surrey.
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Bleak forecast seen at Mansion House
Alistair Darling and Mervyn King last night delivered the bleakest official assessments of economic prospects for 15 years in what the Bank of England governor said was 'the most challenging period' since 1997.
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Social housing industry urges £1bn spend on empty stock
The group representing Britain's social housing industry is in talks with the Government to free £1bn of public money to help to bail out the new homes market.
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Paulson gloomy about UK property
John Paulson, the US hedge fund manager who made a fortune for his investors by anticipating the debacle in subprime mortgages, said yesterday it was too early to look for bargains in the financial sector and predicted the worst was yet to come for the UK housing market.
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News
B&B arrears build up
Mortgage arrears at Bradford & Bingley, the buy-to-let lender that issued a shock profit warning this month, are shifting upwards, according to the latest data.
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Northern Rock has paid back around £5bn
Northern Rock has paid back around £5bn of its Government loan, reducing its debts at an even faster rate than already thought.
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Housing cost stress
Nearly a quarter of households say housing costs are causing them 'stress or depression', according to a survey of nearly 7,000 people by Shelter, the housing charity.
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London's business lead 'under threat'
Six out of 10 business leaders in London say the city’s competitiveness is under threat, citing concerns about transport infrastructure, skills shortages and changes in the taxation of foreign residents.
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DTZ cuts staff
DTZ has become one of th first big commercial property agents to announce a significant staff reduction a the property services sector starts to feel the effects o the downturn in the UK market.
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Housebuilders down
Housebuilders and commercial property groups suffered a slide in shares after Goldman Sachs, the investment bank, gave a warning about the beleaguered housebuilding sector and Credit Suisse advised caution on commercial property.
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Hamleys opens in Jordan
The iconic toy retailer Hamleys opened its first international store in Jordan yesterday.
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OnlineBoris calls for Olympic costs clarity
Boris Johnson today called for greater transparency around the cost of the 2012 Olympic Games.
