All Property Week articles in 22 February 2008
View all stories from this issue.
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Online
Management buy out at Erinaceous
The management of the commercial arm of Erinaceous is planning a buyout, Property Week can reveal.
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Online
Cutts eyes £1bn retail fund
John Cutts, veteran property investor, is to launch a £1bn fund to buy discounted retail property in the UK following a sharp fall in prices over the past year.
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OnlineLaxey fund to list on AIM on Monday
Laxey, the activist investor that once tried to break up British Land, is set to list its Terra Catalyst property share fund on Monday in the biggest flotation on AIM this year.
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Online
Atisreal appointed to market 2m sq ft Prologis distribution scheme
Atisreal has been appointed joint agent to market ProLogis’ 2m sq ft distribution development and strategic rail freight interchange at Howbury, southeast London.
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OnlineConygar gets consent for £110m Pembroke port scheme
Conygar, the investment company headed by Robert Ware, has won planning consent for a £110m waterfront scheme at Pembroke Dock in Wales.
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Online
Tesco in talks to open store at Sunderland Retail Park
Tesco confirmed today it is in talks with Sunderland City Council to open a new store at Sunderland Retail Park to the north of the River Wear.
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Online
Floating marina and swimming pool planned on Dublin’s River Liffey
Dublin’s Docklands Authority has today formally launched plans to develop a floating village marina and swimming pool on the River Liffey.
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OnlineAngel of the North lights up
North East England's best loved landmark, The Angel of the North, has been lit up for the first time in a decade.
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Online
Opening volley for Durkan Estate’s Gun Wharf site
Housebuilder Durkan Estates has kicked off plans to develop a mixed-used development at its Gun Wharf site in the London borough of Tower Hamlets.
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Online
Humberts reports full-year loss
Humberts has written off £18.4m because the ‘goodwill value’ of companies bought over the last year had fallen with the declining market.
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News
Minerva's prime London sites eyed
Minerva is likely to be in focus today with sources saying that LeFrak, the family-run New York real estate group, has built a 2-3% stake in the company. Daily Telegraph
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News
Invista sets up raft of ventures
Invista Real Estate is developing a raft of new funds targeting Asia, Europe and the residential sector after delivering robust results in the face of a struggling UK property market. Financial Times
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News
Green buildings code launches
An initiative to tackle the harmful effects of commercial property on the environment is to be launched next week by a group of the sector’s leading organisations and corporate occupiers. Financial Times
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News
Paragon rights issues raises £290m
Paragon has raised almost £290m in the equity market, thanks to a 90% take-up for its deeply discounted share issue. Financial Times, The Times
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News
Watchdog to monitor Rock
The competition watchdog will regularly scrutinise Northern Rock to ensure that its new status as a publicly owned body does not give it an edge over rivals after the government caved in to opposition demands last night. Financial Times
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News
Galliford land values drop 10%
Galliford Try presented a gloomy outlook for the housing market as its land values dropped 10% as it attempted to lure buyers with bigger discounts. Financial Times
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News
Revenue investigates buy-to-let income
Hundreds of buy-to-let investors are being questioned about undeclared income in a probe launched by Revenue & Customs this week. Financial Times
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News
Spanish firm extends bid deadline
Colonial, Spain’s second-biggest property company, has extended the time that a fund owned by the Government of Dubai may consider making a bid for it. The Investment Corporation of Dubai said that it had been granted an extension until February 27. The Times
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News
Laurel wields axe worst-hit pubs
Laurel Pub Company, the high street group owned Robert Tchenguiz, is to close 22 pubs as part of a move that could see up to 100 sold. Daily Telegraph
