All Property Week articles in 20 March 2009 – Page 12
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Tenants exploit oversupply
Tenants are forcing down rents by negotiating hard because there is an oversupply of rental property, according to the RICS.
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Banks eye regional moves
Large financial services groups are increasingly looking to regional British cities and Northern Ireland to house key support divisions, including customer service, trade processing and relatively routine legal and compliance functions.
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FSA to end light-touch regulation
The FSA announced a sweeping overhaul of the UK’s financial regulatory regime yesterday, marking a definitive break with its previous “light touch” approach and attempting to set a new global standard for the post-crisis world.
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Hypo Real Estate gets extended guarantees
The German commercial property lender reported that the German Government had extended guarantees for €15bn (£14.1bn) in notes issued by Hypo until 31 December, taking the guarantees beyond their original deadline of the end of March.
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South-east transport investment call
Ministers must step up investment in the south-east to help the UK out of recession, the region’s leaders will insist today, as a report shows transport spending there pays far greater dividends than in other areas of the country.
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Carlyle wins legal battle with Menolly of £150m Cheapside development.
Carlyle has won a legal battle with Menolly today over the practical completion of the £150m 107 Cheapside development in the City of London.
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AEW Europe appoints new chief exec
AEW Europe has appointed Christian Delaire as its new chief executive officer.
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Fire breaks out in central London
A major fire has broken out on Breams Buildings in central London, just behind Fleet Street.
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Quintain mulls equity raising
Quintain Estates & Development has confirmed it is considering an equity raising in response to press speculation.
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Portsmouth set to agree Centros £500m scheme time extension
Portsmouth council is expected to grant Centros more time to draw up its plans for a £500m regeneration of the city’s Northern Quarter due to the delays caused by the global recession.
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AEW Europe seals second UK shed deal
AEW Europe has bought the second UK logistics building for its recently-launched value-added fund, European Property Investors Special Opportunities (EPISO).
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Knight Frank's Future Of Residential Development report
50 industry experts including Tony Pidgley, Alastair Stewart and Hon Nick Raynsford were all consulted to compile this weighty 55-page report.