All Property Week articles in 22 June 2007 – Page 2
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Planet Beach to come to Britain
US tanning salon and spa chain Planet Beach is planning to expand into the UK ahead of a possible £50m (£25m) flotation. Sunday Times
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Dubai pitch for New Look
Dubai investment firm Landmark Group has approached Guy Hands’s Terra Firma and HBOS Integrated Finance for backing to mount a last-minute bid for New Look. Sunday Times
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Karstadtquelle's €5.5bn German sell-off
Karstadtquelle has appointed bankers to sell off its €5.5bn (£3.7bn) portfolio in one of Europe’s biggest retail property disposals. Sunday Times
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Benetton family has appetite for Little Chef
Italy's Benetton family is in talks to buy Little Chef. Sunday Times. Daily Telegraph
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Whitehall to buy US hotel REIT for $2.2bn
Equity Inns, a US hotel REIT, has agreed to be bought by Goldman Sachs’ Whitehall Street Global Real Estate for $2.2bn (£1.1bn), including debt, continuing a string of hotel-chain buyouts.
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Shurgard cancels flotation
Shurgard Europe, the largest self-storage company in Europe with 170 centres in seven countries, has cancelled its flotation, blaming adverse market conditions.
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New town planned in Cambridgeshire
A new draft masterplan for Northstowe, Cambridgeshire was unveiled today.
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Pressman replaces Pralle at GE Real Estate helm
GE Real Estate boss Michael Pralle has left the company ‘to pursue other interests’.
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Competition watchdog to probe housebuilding
Britain’s housebuilding industry is to be the subject of a competition watchdog investigation.
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Basildon seeks £1bn regen partner
Basildon District Council is to seek a development partner for the regeneration of Basildon town centre from today.
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Prince’s pal buys Midsomer Murders village
Hambleden Estate, the Buckinghamshire setting for the filming of Chitty Chitty Bang Bang and television series Midsomer Murders, has been bought by a friend of the Prince of Wales for £39m. The Times
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Blackstone measures up New Look
US private equity firm Blackstone has emerged as a surprise contender to buy fashion chain New Look. Daily Telegraph
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B&B's bull stance over buy-to-let
Bradford & Bingley has predicted that buy-to-let mortgages will continue to outperform the mainstream market. The Guardian. Daily Telegraph. The Times. Financial Times
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Polish prisoners to build Euro 2012 stadia
The Polish government may enlist the services of up to 20,000 prisoners to build the stadia and infrastructure for the Euro 2012 football championship. BBC
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Conran group adds to restaurant roster
D&D London, formerly Conran Restaurants, is to buy Image Restaurants, a privately owned rival that owns fashionable London restaurants Kensington Place, The Avenue and Launceston Place, as well as a fish shop, for a figure believed to be between £5m and £10m. The Times
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Luxottica focuses on Oakley in $2bn deal
Italy’s Luxottica Group, which owns Ray Bans and Ralph Lauren sunglasses, has bought the Californian company that makes Oakley sports sunglasses and ski goggles for just over $2bn (£1bn). The Times. Financial Times
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Make's wrap for City's Monument
Bellhouse Joseph and private equity firm Carlyle Group have submitted plans for a 90,000 sq ft, 10-storey office building on one of the City of London’s most sensitive and historic sites. Financial Times
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Tesco may have to raise Dobbies offer
Analysts have said that Tesco will have to raise its £15-a-share offer price for Dobbies Garden Centres if it is to win over investors after share purchases made at £18.45 by Sir Tom Hunter. The Times
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Multiplex to build Dubai hotel
Multiplex, the Australian construction group that built Wembley stadium, has won a $570m (£286m) construction contract for the Emirates Park Towers Hotel in Dubai. The Times
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Interest rate fears spook property sector
Property shares were the biggest fallers in the FTSE 100 yesterday. Daily Telegraph
