All Property Week articles in 21 September 2007 – Page 2
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Gladman buys Dunblane site for office park
Gladman Developments has bought a seven acre site in Dunblane, Scotland where it plans a £17m office scheme.
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Highest rent in world reached in Mayfair
Irish property investors D2 Private has confirmed achieving the highest rent per square foot achieved anywhere in the world, at its building in the heart of London’s Mayfair.
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Castlemore submits Sheffield plans
Castlemore has submitted plans for a £400m ‘professional district’ scheme in the heart of Sheffield this week.
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Manorlane to develop Elphinstone residential scheme
Scottish house-builder Manorlane has secured a multi-million housing deal at Elphinstone’s 119-acre mixed-use scheme in Glasgow.
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Erinaceous delays results
Struggling property services firm Erinaceous said this morning it had delayed the announcement of its interim results because it was still in crisis talks with its bankers.
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From French bread to flowers
The French businessman behind the Paul bakery chain is to turn his attention to Britain’s flower market after teaming up with France’s biggest florist to launch a new chain of stores in the UK. The Daily Telegraph. The Times
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Airbus hangs on to Euro factories
Aircraft manufacturer Airbus has cut plans to sell its factories from three to one. The Daily Telegraph
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Tesco faces inquiry over Somerfield stores
Tesco is at loggerheads with regulators again - this time over the acquisition of five Somerfield stores. The Times
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Anger at Northern Rock dividend payout
The Treasury Select Committee called on Northern Rock to abandon plans to pay £60m in dividends to shareholders only weeks after seeking an emergency credit line from the government. The Daily Telegraph. The Times. The Guardian
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£80m for forces homes
An additional £80m will be spent building bedsits for unmarried members of the Armed Forces, defence secretary Des Browne will announce today. The Daily Telegraph. The Times
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Credit crunch claims Kenmore sale
The crisis in financial markets has claimed another victim with the collapse of the £300m sale of Kenmore. Financial Times
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Canadian High Commission for sale at £300m
The Canadian government is to bring a Mayfair building to the market with a price tag of £300m. Financial Times
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Hilton in Russian hotel partnerhip
Hilton Hotels Corporation has signed a deal with Belgravia Asset Management to open 25 hotels in Russia and other central and eastern European markets. The Times
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Dawnay Day Treveria to buy back more
Dawnay Day Treveria is seeking shareholders’ permission to buy back up to 14.99% of its shares. The Times
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Aziz joins Metropole fray
Asif Aziz has teamed up with Accor Hotels to bid for the old Metropole hotel and adjoining 10 Whitehall Place site, which is being sold by the Crown Estate at £200m-plus. The Times
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Property investor buys nine Vodka bars
Revolution vodka bars has completed a sale and leaseback of nine properties for more than £17m.
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OnlineBlack day for Erinaceous
Erinaceous shares plummeted 47% today after the company announced it was in emergency talks with its banks regarding breaches of covenants.
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Targetspace takes first Scottish office
Targetfollow has added five Edinburgh townhouses to its £3bn property portfolio.
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Housebuilder buys site close to Glasgow airport
AS Homes, the Scottish based house-builder, has paid £10m for a 50-acre site near Glasgow airport.
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Go ahead for Plymouth ex-Royal Navy base
Firmac Developments has got the go-ahead for its £60m redevelopment of a former Ministry of Defence site in Plymouth.
