All Property Week articles in 22 August 2008
View all stories from this issue.
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Online
APC Advice - Week 7: How to progress your APC
Jon Lever explains how you can take control of your APC and progress it, and Ben Elder writes about the teamworking competency
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Online
DEGI’s €167m Warsaw splash
Degi, the German open-ended fund manager owned by Aberdeen Property Investors has increased its investment into Poland with the €167m (£134m) purchase of a business park in Warsaw.
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OnlineGreen cranks up monthly rent pressure on landlords
Billionaire retailer Sir Philip Green has stepped up his campaign with landlords to pay rent monthly and is now also to ask for concessions on service charge and insurance.
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Online
Carpathian seeks senior listing
Carpathian, the AIM-listed property company which focuses on investing in central and eastern Europe, is to seek a senior listing on the London Stock Exchange by the end of the year.
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News
Stephen Hester and Northern Rock
Property Week reports on Stephen Hester's appointement to the troubled Northern Rock in February 2008
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Online
Israelis seal deal for Café Royal
Israeli hotel group Alrov has exchanged contracts with the Crown Estate for a 125 year-lease of the Café Royal block at the south end of Regent Street.
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Online
Russia’s AFI reports strong half year figures
Shares in AFI Development rose 3% today as the company released a positive set of half year results, in contrast with the wider performance of the listed sector.
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Online
Cap & Reg shares soar as bankers relax covenants
Shares in Capital & Regional rose 12% to 173p after the company revealed it had agreed a relaxation of loan-to-value covenants with its banker.
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Online
Losses increase at MWB
Marylebone Warwick Balfour Group posted a pre-tax loss today in the first six month of the year but said today there had been a ‘significant over-reaction’ towards its share price despite continued business growth.
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OnlineSavills to cut staff as profits drop 41%
Property services firm Savills will look to make £20m of cost savings in 2008 after a lack of investment activity caused a drop in profits.
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Online
Forth Ports planning win brings a new Leith of life to Scottish docklands
Forth Ports' plans for Edinburgh’s Leith Docks, the largest planning application ever submitted in the Scottish capital, were given outline approval by the city council today.
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Online
B&Q kick starts Rotherham retail scheme
B&Q has exchanged contracts with developer Henry Boot Developments to take 51,000 sq ft at Northfields retail and business park in Parkgate, Rotherham.
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Online
Warner Estate signs £100m Aylesbury development agreement
Warner Estate and Aylesbury Vale District Council have signed a development agreement for the 360,000 sq ft Waterside Shopping regeneration scheme in Aylesbury town centre, it was announced today.
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OnlineIreland’s Swords Pavilions plans €1bn expansion
Ireland’s Chartered Land has applied for planning permission for a major expansion of its Swords Pavilions shopping centre in Fingal, north Dublin.
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Online
Segro looks East as UK and Western Europe struggle
Central European development was the star performer in the first half for Segro, as the UK and Western Europe continued to experience problems. The value of the company’s European Portfolio rose 0.7% to £1.2bn, driven by gains in Poland, the Czech Republic and the Netherlands, whereas the UK portfolio dropped ...
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Online
Irish commercial property market ‘at virtual standstill’ says CB Richard Ellis
The Irish property investment market is at a ‘virtual standstill’ ahead of the autumn selling season with investment totals for the first half of the year down significantly from previous years, said CB Richard Ellis today.
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NewsHalfords head of property completes Zurich Ironman for charity
Andrew Mason, head of property at Halfords, has raised more than £3,000 for Action Heart by completing the Zurich Ironman in 14 hours 29 minutes and 55.5 seconds.
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Online
Second retail giant buys into Liberty
Australian shopping centre giant Westfield has a 2.96% stake in UK shopping centre REIT Liberty International.
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News
Overdue mortgages rising
Strains among borrowers with patchy credit are rising, with more falling behind on their mortgages and fewer able to refinance their higher interest rate loans, according to a report by Standard & Poor’s, the credit rating agency.
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News
Gloom set to drag on, says Bank deputy
The new deputy governor of the Bank of England sees no imminent end to the economic downturn, which he believes is as bad as the crash of the 1970s.
