All Property Week articles in 21 November 2008 – Page 3
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NewsKurash ventures into Mideast for ‘under-the-radar’ deals
Former Topland and DD2 financier sets up Real Estate Capital Group
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News
British Land to sell high street shops at 8%
British Land is poised to sell a portfolio of high street shops at a yield of 8%.
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News
Building falls but mortgages offer hope
House building has slumped to a record low, with the number of new houses started almost 50% down on a year ago.
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News
Mortgage debt forces thousands to sell up
More than one in five homes on the market are there because their owners cannot afford the mortgage repayments, The Times has learnt.
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Crosby sells Brum flat £1m
Crosby Lend Lease said that one of its penthouse flats, set at the apex of the 25-storey Orion Building in Birmingham, had been sold for £1 million and described the sale as a 'huge coup' for the city.
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News
Rock to end Granite vehicle
The vehicle that funded Northern Rock’s ambitious expansion of mortgage lending has been cut loose by the state-run bank – a move that represents a shift in the wider world of mortgage finance.
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News
US: support for mortgage protection plan
Support is building for an anti-foreclosure plan proposed by Sheila Bair, the head of the Federal Deposit Insurance Corporation, in spite of resistance from the Bush administration.
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News
JP Morgan cuts first of an up to 3,000 jobs
JPMorgan, the investment banking division of JPMorgan Chase, began what is believed to be a 10% reduction in its workforce yesterday.
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News
Osborne urges state to act as direct lender
George Osborne, shadow chancellor, called on the government yesterday to consider acting as a bank – offering direct loans to business as a 'radical' last resort if banks continue to starve companies of credit.
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News
North-east businesses gloomy
More than half of north-east entrepreneurs fear the tough conditions could put their business at risk. Many say their banks have halted both short- and long-term lending, while 90% of those who are struggling said they were experiencing cash-flow problems.
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News
Tesco’s Tyneside regeneration
Tesco’s regeneration arm, Spen Hill, has begun a consultation programme for its Hebburn regeneration scheme in Tyneside in the north-east of England.
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MarketsThe market in minutes - Sussex + Surrey
Aditi Shah gives you the lowdown on all the sectors across the region
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ProfessionalPlanners word is not law
I am considering buying a residential development site where a planning permission has expired. a planning officer has told me that the permission stands because preparatory works were done after permission was granted. Can I rely on this assurance?
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Markets
Tenants like landlords
Most tenants get on well with their landlords, it was claimed this week by the Deposit Protection Service (DPS), the government-approved custodial scheme for the safeguarding of tenants’ deposit money.
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InsightProperty joins the party
Property companies are donating millions to political parties. Who are they and why do they do it?
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News
Mellor joins Staveley
Former Tory minister David Mellor is to join Amanda Staveley’s PCP Capital Partners as a partner in the next month.
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NewsJLL to set up recovery squad
Jones Lang LaSalle’s England chairman, John Stephen, and national investment head Andrew Hynard are to set up a corporate recovery team to assist clients as the economic crisis deepens.
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InsightRights issues are right on money
Twenty per cent-plus falls in Land Securities’ and British Land’s net asset value in the six months to 30 September come as no surprise.
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News‘Perfect time to invest’ in UK, ING tells institutions
Chief investment officer Ian Whittock tells investors UK is ‘opportunity of the decade’
