All Property Week articles in 22 October 2010 – Page 6
-
Markets
Buy-to-letters led by experience
Buy-to-let investors accounted for nearly one in five mortgages handled by intermediaries in the third quarter of 2010, says lender Paragon Mortgages. Of this buy-to-let business during the period, nearly half was comprised of experienced landlords expanding their portfolios and a third comprised those who were remortgaging. First-time landlords accounted ...
-
Professional
Building usage will not remain a mystery
If you are in an office reception area, you do not take much notice of who is milling about. Maybe you should. One of them could be undercover
-
News
Peveril breaks ground in Bury
Peveril Securities and Real Estate Development Partnerships have started work on a retail park on Foundry Street in Bury town centre
-
Markets
Student halls go green in Bradford
Listerhills, a joint venture between the Hayatt Group and Welbeck Land, hopes its student accommodation scheme in Bradford, the Green, will set new sustainability standards for the sector. It aims for the village complex to be the first student accommodation scheme to be rated BREEAM “outstanding”. The Green is on ...
-
News
Consortium takes bond-issue plunge
A consortium of European and US lenders has undertaken a $857m commercial mortgage- backed securities (CMBS) issue, as the market for new debt in the US continues to pick up
-
News
Mall Blackburn boosted by four retail lettings
The Mall fund has let a total of 10,000 sq ft to H M, USC, Bank and Infinities at its redeveloped and extended Blackburn shopping centre
-
Professional
Tax regime bites into holiday and luxury homes, says Patrick Cannon
There are two important property tax changes set to occur next year and property professionals will need to keep abreast of them in order to advise clients
-
Markets
Montpeliers’ new debt to increase bed turnover
Having completed a refinancing, Montpeliers of Edinburgh aims to expand its leisure portfolio next year and could buy two new venues
-
News
Helical raises bar with central Europe shed venture
Helical Bar has formed a joint venture with two former Prologis directors to develop prelet warehouses in central Europe
-
News
Banks: borrowers must innovate
The property industry is showing a lack of innovation in the ways in which it partners with lenders looking to reduce their exposure to the sector, a panel of top bankers said this week
-
News
Chinese banks seal City presence on Bart’s Lane
Two of China’s biggest companies are set to take space at 1 Bartholomew Lane, as occupiers from fast growing emerging market economies target the City as a centre for growth
-
News
Regions left ruing Osborne’s axe
Regional property companies and sustainability were the big property losers in Wednesday’s Comprehensive Spending Review, but the private sector received a boost from social housing cuts.
-
Markets
Aviva passes through Clyde Gateway for prelet Eastgate
Clyde Gateway has forward-sold a 64,600 sq ft office building to Aviva Investors for around £15m, reflecting a yield of around 6.5%. The building in Bridgeton, Glasgow, will be known as Eastgate and is to be developed by Dawn Developments
-
News
Edinburgh House wins Aviva mandate
Edinburgh House has won a mandate to asset manage an £85m shopping centre for the property lending arm of Aviva
-
Markets
Primark is centre of attention
Primark is to open a 70,000 sq ft store at Land Securities’ the Centre in Livingston
-
Markets
Invesco to cash in on assets
New Uberior House and Princes Exchange in Edinburgh have been put up for sale by Invesco Real Estate for £64.75m, reflecting a 6% yield. Invesco bought the buildings in September last year for £55.7m from the Crown Estate. The 158,501 sq ft block is let to Lloyds Banking Group subsidiary ...
-
Professional
Council assets go under the hammer in effort to nail down budgets
It may not be the best time to sell, but cash-strapped local authorities are auctioning small, secondary assets to plug budget holes
-
News
Asset managers: stick or twist?
Property Week asked a panel of experts at the Recovery Summit whether banks are better off sticking with the asset manager overseeing a property if the loan provided needs to be worked out. Here are their answers
-
News
Salvation Army seeks Sanderson
Sanderson Weatherall has been appointed to handle the Salvation Army’s commercial property activities across the north of England. The firm’s north-east team has worked with the Salvation Army since 2004 and will join forces with its Yorkshire office.