All Property Week articles in 20 November 2009 – Page 2
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OnlineHamleys and H&M open in St Enoch
Toy retailer Hamleys and fashion brand H&M will kick off the opening of the £100m extension at Ivanhoe Cambridge’s St. Enoch shopping centre today.
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Evans Randall to sell Milton Gate for £157m
Investment bank Evans Randall is poised to sell its Miltongate development in the City of London to a Spanish insurance company at a profit less than six months after it bought the property.
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OnlineF&C REIT: Viewpoint
"The property market has witnessed a marked turnaround in both performance and investor sentiment. Latest IPD figures show all property total returns up 3.3% in 3Q 2009, following two years of decline. So is property out of the woods? Has the downturn ended? The investment market certainly believes that to ...
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OnlineGerald Eve: Legal and Parliamentary Evebrief
"The first National Policy Statements (NPSs) were published on the 9 November 2009 in draft for public consultation and parliamentary scrutiny.This is the first taste of the 2008 Act planning regime which includes the establishment of the Infrastructure Planning Commission (IPC) and the publication of NPSs across a range of ...
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OnlineCushman & Wakefield: The Polish Mountains Hospitality Market
“The Polish mountains region has considerable tourist potential. Unlocking it fully, however, is possible not only through extensive redevelopment and quality improvement to the existing hotel facilities, but most of all through substantial investment to transport and ski infrastructure. Modernization of the existing and construction of new ski stations equipped ...
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OnlineCBI/GVA Grimley Corporate Real Estate Survey
"The Autumn 2009 Survey suggests a degree of optimism for some businesses over the course of the next two years. In the short term output has improved but employment remains negative."
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OnlineCB Richard Ellis: Sale and Leasebacks, a viable alternative for raising capital?
" Corporate sale and leasebacks represent a viable, effective and competitive way of securing capital in an age when cash flow is all-important and the stigma of ‘selling off the family silver’ is a fast-retreating myth."
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Dubai World seeks debt standstill
Dubai World, the conglomerate owned by the government of the Gulf emirate, today asked creditors for a six-month “standstill” and an extension of maturities on its debt.
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McKay reports robust half-year results
McKay Securities today reported a 2% drop in net asset value in the six months to 30 September.
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NB Real Estate posts steady profits
NB Real Estate has today revealed pre tax profits of £3m for the year to 30 September 2009, the same figure as last year.
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Ciref to change name after restructure
Ciref, the AIM listed property investor that had joint ventures with developer Modus, has agreed a restructuring deal with Aviva Commercial Finance for its four shopping centres and has raised £36.8m of new equity.
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Laxey’s bid for Rugby Estates Investment Trust lapses
Laxey Partners has failed in its £24.4m bid to take over Rugby Estates Investment Trust.
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Less than a week until the FREE rating revaluation webinar
Property Week's latest webinar, "2010 rating revaluation - how will it affect you?" takes place next Tuesday.
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Unitech seeks township funds
India’s second-largest property company Unitech will raise $700m through foreign currency convertible bonds. The company has sought approval from the Department of Industrial Policy and Planning and the Reserve Bank of India to raise the fund through convertible instruments.
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New York ruling permits 'public good' land grab
New York's highest court ruled that it is lawful for the state to seize private land for use by private developers, clearing a hurdle for a new basketball arena and marking a victory for local governments hoping to spur development.
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IVG back from brink
Gerhard Niesslein has succeeded in bringing IVG Immobilien back from the brink since he was brought in last November to revive one of Europe's largest listed real-estate investors.
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Aussie REIT targets long-term growth
Some $2bn worth of development projects within its existing portfolio would drive the growth of the GPT Group, chief executive Michael Cameron has said.
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London and New York agents woo Chinese buyers
Estate agents from London and New York are beating a path to wealthy buyers in China and Hong Kong to sell upmarket flats on their books.
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Gulf road building to take off
Abu Dhabi will build a new motorway to the Dubai border and several bridges and tunnels to Lulu Island in the next five years, as part of a Dh50 billion (US$13.61bn) transport upgrade, an official said.
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Abu Dhabi developer eyes Iraq move
Bloom Properties, an Abu Dhabi-based developer, is in talks with the government of Iraq to build a multibillion-dollar property development in Karbala.
