All Property Week articles in 21 November 2008 – Page 2
-
News
Pre-Budget Report: Darling to hike top rate and cut VAT
Alistair Darling, chancellor, is to target the wealthy with a new top rate of tax to help pay down soaring government borrowing, as he prepares to unveil a £12.5bn VAT cut to encourage Britain to shop its way out of recession.
-
News
Recession threat to 60,000 Scottish jobs
Scotland will face a recession so severe that it could claim up to 60,000 jobs, according to a new report.
-
News
Dubai property market shows signs of stress
Dubai’s property boom, which has fuelled double-digit growth for five years, is showing signs of turning to bust.
-
News
Woolies running out of options
Woolworths has only days to complete a deal to sell its retail arm to restructuring specialist Hilco or it will have to call in the administrators, say sources close to the negotiations.
-
News
Minister reassures on social housing scheme
A firm reassurance that housing associations and other registered social landlords will continue to have a guaranteed revenue stream from their tenants has been offered to banks and other investors in social housing by Kitty Usher, the minister responsible for housing benefit.
-
News
Ex-A&L chairman ponders negative equity plan
John Windeler, the American banker who oversaw the demutualisation of Alliance & Leicester, is planning to launch the first business specialising in offering insurance against negative equity to home owners.
-
Online
Confidence in property at an all-time low
Confidence in the UK property sector has sunk to an ‘all-time low’ according to a survey of 1001 accountants by the Institute of Chartered Accountants in England and Wales (ICAEW).
-
Online
Kaupthing Singer & Freidlander has 41% property exposure
Property accounts for 41% of total lending for Kaupthing Singer & Friedlander, the insolvent UK arm of collapsed Icelandic bank Kaupthing.
-
Online
MAPIC: Old Mutual to launch socially responsible investment property fund next year
South African property investment group Old Mutual Investment Group Property Investments is set to launch a new socially responsible investment (SRI) property fund in early 2009.
-
Online
MAPIC: Quinlan Private launches Slovakia scheme
Quinlan Private Golub has revealed its plans for its South City Regional shopping centre in Bratislava, Slovakia.
-
Online
MAPIC: Saturn signs at Bouwfonds MAB Development's scheme
Electrical goods retailer Saturn has signed at Bouwfonds MAB Development’s scheme in Paris.
-
News
Repossessions up by 12%
Repossessions jumped by 12% in the third quarter of the year as increasing numbers of homeowners struggled to make their mortgage repayments, figures showed today.
-
Online
Darling must take radical action say home builders
The Home Builders Federation has called for Alistair Darling to take ‘radical action’ in next week’s pre-budget report to help the ailing housing market.
-
Online
Matrix and HBOS in fund restructure talks
Debt-for-equity swap among options under discussion
-
News
Kaupthing’s Noho plans progress
Kaupthing is progressing its plans to sell or bring in a partner for its Noho Square scheme in central London.
-
News
Repos add to Allsop success
Allsop continued to achieve remarkable success in the second of its two-day residential auctions in London last week.
-
Online
Edgbaston’s £30m redevelopment plans submitted
A planning application has been submitted for the £30m redevelopment of Edgbaston Cricket Ground.
-
Online
MAPIC: Shopping centre buyers decline
Buyers of shopping centre assets have reverted to a core specialist group of investors.
-
News
Noble sells off ‘non-core’ fund management arm
Ex-Arlington men Howie and Speedie set up Keills with £80m of assets
-
News
Invesco property trust appoints corporate fixer
Invesco Property Income Trust has appointed a corporate advisory firm to help it address its bank covenant problems.