All Property Week articles in 22 August 2008 – Page 3
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News
Tesco in more sales and leaseback
Tesco has bolstered its cash position with a £605m sale and leaseback of properties to insurers and pension funds.
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News
Coventry mortgage surge shows flight to low risk
Coventry Building Society has seen a surge in mortgage lending as people turn back to 'low-risk' mutuals. The deepening credit crisis has enhanced the safe haven status of the building society, boosting net mortgage lending 24% to £851m in the first half — three times its normal market share.
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News
Retail sales give unexpected boost
Retail sales confounded City predictions of a further fall in the volume of goods sold to stage a surprise 0.8 per cent rise during July. The modest but unexpected revival came after a sharper than previously estimated 4.3% plunge in June and despite an average 1.6% rise in prices in ...
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News
US mortgages higher despite slashed rates
Mortgage rates for the average US homeowner are higher now than at the beginning of the credit crisis a year ago, despite massive interest rate cuts by the Federal Reserve and a string of other efforts to kick-start credit markets.
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News
Freddie and Fannie woes ease
The crisis surrounding Fannie Mae and Freddie Mac eased a notch yesterday as the debt of the two US mortgage financiers rallied strongly and Fannie’s stock ended higher, although worries remained that a government bail-out would ultimately be necessary.
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News
News International delays move
News International, the publisher of the Times, has delayed the relocation of its headquarters from the Wapping site in London.
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News
Telford move for Norbert
French logistics company Norbert Dentressangle has taken space at Blackrock UK Property Fund’s ‘Big Tel’ warehouse in Telford in Shropshire.
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News
Stewarts moves to Midtown
UK law firm Stewarts has agreed to take the 23,311 sq ft eighth floor at Land Securities’ 5 New Street Square in London’s Midtown on a lease assignment, with a reverse premium, from US law firm Howrey.
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Markets
MEPC’s successful seven months
MEPC experienced a better-than-expected performance in the first seven months of 2008.
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OnlineProperty lending: a regime to prevent more Northern Rocks
The Treasury is consulting on a special resolution regime for banks.
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ProfessionalLease obligations for land next to rivers
My building adjoins a river. I understand I have certain obligations in relation to the river. Can I pass these on to my tenant?
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MarketsJohn O’Neill launches One Interiors
Construction and fit-out company John O’Neill & Partners has branched off its interior construction service, creating a separate company called One Interiors.
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News
US office vacancy rates increase
The average office vacancy rate across US central business districts rose by 0.5% over the last year, research by Cushman & Wakefield has revealed.
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MarketsHeritage at a premium
House prices higher in areas with greater concentrations of listed buildings
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News
Primary Health Properties shows vital signs
Primary Health Properties, the healthcare provider, has increased its net asset value, despite tough market conditions in the first half of the year.
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Markets
Rok’s Wilmslow park is stuck in hard place
Rok Development’s £50m Manchester business park scheme on hold
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Online
Murdoch and Google searches shelved
Downturn forces News International and search engine to rethink London relocations
