All Property Week articles in 21 December 2007 – Page 12
-
News
Greenspan slammed as Fed eyes mortgage rules
The Federal Reserve yesterday announced an extensive shake-up of US mortgage regulation that it hopes will reduce abuses and pave the way for a revival in the subprime lending industry. Financial Times
-
News
New Star loses top manager to AXA
New Star Asset Management, has lost Theodora “Theo” Zemek, manager of two of New Star’s bond funds and head of fixed income, to Axa Investment Managers as global head of fixed income as the company has been hit by declines in investment performance and outflows from its flagship property and ...
-
News
US new housing at 16-year low
The US housing market continues to suffer as a direct result of the problems in the sub-prime mortgage sector, with the rate of new houses being built falling to a 16-year low. Daily Telegraph, Guardian
-
News
Irish eyes for growth
Kingspan the Irish building materials group, said that it expects to see growth next year despite a slowdown in parts of the construction sector. The Times
-
News
Carillion sells to LandSec
Carillion has said that it has agreed to sell its equity in three Public Private Partnership projects to Land Securities Trillium for £21.5m. The Times
-
OnlineEverton takes 50 year lease at training ground
AAIM chief executive Robert Whitton and Essex-based developer Daren Burney’s ROM Capital Group has signed a 50-year lease with Everton Football Club for a £17m training ground at Halewood, Knowsley.
-
Online
Dunlop Haywards ordered to pay £325,000
Erinaceous subsidiary Dunlop Haywards was today ordered to pay £325,000 after losing a trial against former director David Kahn.
-
Online
Cushman & Wakefield buy Californian firm
Cushman & Wakefield is to buy San Diego-based agent Burnham Real Estate.
-
Online
Objections to £100m Lichfield scheme dropped
Objections to a £100m mixed use scheme in Lichfield, Staffordshire have been dropped at the compulsory purchase order (CPO) inquiry into the scheme.
-
Online
Troubled architect reveals rescue share issue
Troubled architecture group SMC is to raise new equity to avoid collapse.
-
OnlineSheffield’s Sir Bob Kerslake to head housing ‘super’ agency
Sir Bob Kerslake, Sheffield City Council’s chief executive, has been confirmed as the inaugural head of the government’s Homes and Communities Agency.
-
OnlineEdinburgh secures biggest office letting in four years
HBOS is to occupy all of 1 Lochrin Square in Edinburgh, Scotland in the city’s largest letting in four years.
-
OnlineYvette Cooper outlines green changes to planning policy
Housing minister Yvette Cooper published the Planning Policy Statement on Climate Change yesterday and called on local authorities and developers to incorporate renewable energy measures in all developments to help cut carbon emissions.
-
Online
River Island latest retailer at WestQuay Southampton
River Island is to open a 15,000 sq ft store at Hammerson and GIC Real Estate’s 800,000 sq ft WestQuay shopping centre in Southampton.
-
Online
Northern Ireland’s Ewart confirms Victoria Place deal
Northern Ireland’s William Ewart Properties has confirmed it has exchanged contracts to buy the Metro Fund’s Victoria Place shopping scheme in central London.
-
Online
No corporation tax changes for NI
Sir David Varney said that introducing a different corporation tax rate for Northern Ireland would not build a strong investment strategy in the province.
-
News
Trouble down under as sub-prime crisis sparks market fears
Centro Properties, Australia’s second-biggest shopping mall owner, has become the latest victim of the US sub-prime mortgage fallout after defaulting on A$1.3bn (US$1.1bn) of loans, forcing the company into a “workout” with its banks. Financial Times, Daily Telegraph
-
News
Rental market alive as sales dry up
Worry about the future of the property market has boosted demand for homes to rent – and the money that can be charged for them, the RICS says. The Times, Daily Telegraph
-
News
ECB steps up liquidity fight
Emergency help for financial markets has entered new territory with the European Central Bank offering unlimited funds at below market interest rates in a special operation to head off a year-end liquidity crisis. Financial Times
-
News
Gooding ponders Rock re-entry
A consortium headed by Welsh entrepreneur Alfred Gooding has met the Treasury to discuss whether it should re-enter the auction process for Northern Rock. Financial Times
