All Property Week articles in 20 March 2008 – Page 10
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News
Mapeley hit by NAV falls
Mapeley, the Guernsey-based property investment and outsourcing company, revealed a drop in net asset value of 23% in 2007 owing to a £148.6m loss through revaluation of its property portfolio. Financial Times, The Times, Daily Telegraph
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News
Call to improve northern towns’ road and rail links
Small northern towns and cities need better communication links with regional capitals if they are not to fall further behind counterparts in the south , according to a regeneration think-tank. Financial Times
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News
TfL extents control of Tramlink
The London mayor’s transport organisation is set to extend its influence over the capital’s network after Transport for London announced it intended to take over the owner of the Croydon Tramlink system. Financial Times
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News
Northern Rock to axe third of staff
About one-third of Northern Rock's 6,500 workforce face the axe, as the nationalised bank begins the painful process of paying back the taxpayer and complying with European state aid rules. Financial Times
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Speculation mounts that Fed will step up intervention
Analystsare speculating what unorthodox policy measures US policy makers might resort to, following Sunday’s decision by the Federal Reserve to offer emergency financing to all its primary dealers. Financial Times
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Online
Go-ahead for Bromsgrove Technology Park
A new phase of development for a park situated in an area known as the West Midlands Central Technology Belt got the go-ahead this week from the local council.
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Online
Liverpool One signs up more tenants
Grosvenor has secured a further seven retailers at its Liverpool One retail development in Liverpool city centre.
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Online
Scottish Highland set for 3.8m sq ft business park
More than 600 acres of Scottish Highland is to be turned into a business park under plans submitted to the Highland Council this week.
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Online
Government taskforce set up to revitalise East Manchester
Communities Secretary Hazel Blears chaired the first meeting of a regeneration taskforce set up to revitalise East Manchester yesterday.
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Online
Sainsburys submits revised Portswood bus depot plans
Sainsbury has submitted revised plans for the redevelopment of the Portswood bus depot in Southhampton.
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Online
Next starts fit out at Westfield London
Fashion retailer Next has taken possession of its store at Westfield London and will begin fit out ahead of the £1.6bn scheme’s December opening.
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Online
Mapeley shares drop on takeover worries
Mapeley suffered a plunge in its share price on today, as investors feared its proposed takeover would be abandoned.
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Online
Park Lane’s £27m cash flow for Renfrew Riverside schemes
Glasgow-based developer Park Lane is expanding the Renfrew Riverside regeneration project with two more schemes.
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Online
Protego buys Helsinki’s Kamppi centre from Boultbee
Protego Real Estate Investors has purchased the Kamppi shopping centre in Helsinki, Finland from Boultbee for €452.5 (£334m) in the biggest investment in the country this year.
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Online
Mission Capital founders lose High Court reinstatement fight
Ousted Mission Capital founders Neil and Emma Sinclair today lost a High Court battle to be reinstated as executive directors up until the end of the legal trial over their future with the company.
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Online
£120m Norwich college development finalised
The redevelopment of a £120m campus for a college in Norfolk moved a step closer this week.
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Online
Gareth Lewis leaves the British Property Federation for EPRA
The British Property Federation’s head of finance and investment Gareth Lewis is leaving to join the European Real Estate Association (EPRA).
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Online
Manchester plans 4m sq ft ‘Harley Street of the North’
Grangefield Estates has submitted plans for a 4m sq ft health services-led mixed use development in Manchester which it has dubbed the ‘Harley Street of the North’.