All Property Week articles in 21 September 2007 – Page 12
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Pramerica teams up with Banimmo in France.
Pramerica Real Estate Investors has teamed up with Belgium developer Banimmo SA to form a €200m (£139m) joint venture aimed at developing and refurbishing retail properties in France.
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OnlineKenmore buys Bristol retail
Kenmore Property Group has bought a retail complex in Bristol city centre for £20.5m.
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Claret Capital buys Washington hotel
Irish investment company Claret Capital has bought a majority stake in a 5-star hotel in Washington DC in a purchase and leaseback deal.
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Occupiers willing to pay for green buildings
Occupiers want green buildings – and they are prepared to pay for them, according to the first ever CORENET sustainability survey conducted by Jones Lang LaSalle.
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News
BAA pays staff to lobby for Stansted expansion
BAA, the airport operator, paid its security staff to protest at a public inquiry hearing into the expansion of Stansted. The Times
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News
UK tops hotel price league
UK hotels are now the most expensive in Europe. The Daily Telegraph. Financial Times
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Paragon predicts slowdown
Paragon, the buy-to-let mortgage specialist, is predicting a slowdown in the housing market next year. The Daily Telegraph. The Times
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Lehman takes $700m credit crunch hit
Lehman Brothers admitted yesterday that it had lost more than $700m (£350m) in its third quarter, as it reported its first quarterly loss in five years. The Times. The Daily Telegraph. The Guardian. The Independent. Financial Times
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Debenhams signals further high street pain
Department store chain Debenhams warned yesterday that the consumer climate would be ‘more challenging’ in the short term. The Independent. The Times. Financial Times. The Daily Telegraph
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Northern Rock to draw on Bank
The Daily Telegraph reported that Northern Rock is poised to draw on the Bank of England’s credit lifeline after bundling up £5bn of mortgages as collateral. The Times. The Daily Telegraph. Financial Times. The Independent
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New rights for council petitioners
Councils would be forced to act on issues where petitions are submitted that have more than 200 signatures under new proposals to devolve power to voters. The Times
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Mayor raises London housebuilding target
London mayor Ken Livingstone has announced plans or 50,000 more affordable homes in London over the next three years. The Times. The Daily Telegraph. Financial Times
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Dolphin in the swim with triple profits
Dolphin Capital Investors reported a tripling in first-half profits. The Daily Telegraph. The Times
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Qatar is secret Shard investor
The Qatari government has emerged as the secret investor set to buy the one-third stake in the Shard of Glass development from Simon Halabi. Financial Times
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OnlineLivingstone backs London's private rented sector
London mayor Ken Livingstone today published a draft housing strategy for London and backed measures to encourage institutional investment in the residential sector.
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Quinlan sells Prague centre
Quinlan Private has sold an office and retail centre in Prague to german investor Commerz Grundbesitz for E90m (£62.6m).
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OnlineBallymore appoints chief operating officer
Sean Mulryan’s Ballymore Properties has appointed David Brophy as chief operating officer for the company worldwide.
