All Property Week articles in 23 October 2009
View all stories from this issue.
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OnlineRSS abolition will create "vacuum at the heart of English planning", says select committee
The intended abolition of regional spatial planning strategies leaves a “vacuum at the heart of the English planning system” which could have consequences“for many years”, the all party Commons Communities and Local Government Committee has said today.
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OnlineArab Investments closes in on remaining Pinnacle funding
Arab Investments is in the final throes of securing the £1bn funding it needs to complete its 1m sq ft Pinnacle tower in the City of London.
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OnlineResidential once again deliver double-digit returns, IPD says
Residential property has repaid the faith of the relatively small band of institutional investors that favour the sector by once again delivering double-digit returns, according to Investment Property Databank (IPD).
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OnlineShareholders approve A$1.4bn ING REIM industrial fund sale
Shareholders in ING Real Estate Investment Management have approved the A$1.42bn sale of its industrial fund to a consortium led by Australian group Goodman.
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Redevco central Europe managing director to leave
Redevco’s Central Europe managing director is to leave the business - to be replaced by one of the company’s UK heads.
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OnlineLast chance to register for our free ratings revaluation online seminar
Learn the real story behind next April’s rating revaluation at the Property Week webinar tomorrow.
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Coffee shops are go
Research from the Local Data Company shows the number of coffee shops in the UK are growing faster than ever before - with the rate of increase doubling over the last two years from 3% to nearly 7%.
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OnlineHodgkinson joins Notting Hill Housing Trust
Notting Hill Housing Trust has appointed Paul Hodgkinson CBE as chairman of the board.
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Jones Bootmaker hires Kitchen La Frenais Morgan as property department
Jones Bootmaker is outsourcing its entire property function to retail agent Kitchen La Frenais Morgan.
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Seven more sign at Hammerson's Union Square Aberdeen
Hammerson has signed up seven new retailers at Union Square in Aberdeen – the retail scheme that opened yesterday.
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OnlineAREA Property Partners, Shepherd Construction and Sovereign Land rescue Trinity Walk in Wakefield
The delayed Trinity Walk retail scheme in Wakefield is back on track following the exchanging of contracts with a newly formed joint venture - AREA Property Partners, Shepherd Construction and Sovereign Land.
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RICS publishes transparency consultation responses
The RICS yesterday published the summary findings from the responses to its consultation into the transparency of professional fees.
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CB Richard Ellis makes third quarter profit
CB Richard Ellis joined its main rival Jones Lang LaSalle in returning to profitability in the third quarter of the year with a net income of $12.4m or 4c a share.
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German funds hit the road as prices plunge
Matthias Danne, head of Germany’s largest real estate mutual-fund company, is ready to return to the commercial property market and make purchases in France, Germany and the UK after prices dropped as much as 45%.
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Taiwan builders dive after loan curb call
Farglory Land Development led declines by Taiwan builders after the United Daily newspaper said the central bank asked the island’s state-owned lenders to curb loans used for property investment.
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Gulf developers down after market slump
Sorouh Real Estate, Abu Dhabi’s second-biggest property developer, said third-quarter profit declined 76% as gains from land sales weren’t repeated amid a slump in the emirate’s real-estate industry.
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US REITs yet to hit bottom
As third-quarter reports roll along, banking, transportation and heavy industry companies have said the worst is behind them. Not so for real-estate investment trusts. Their comments on third-quarter results indicate few are ready to say the worst is over.
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1m sq ft of shed space sold and let in Liverpool
Over 1m sq ft of industrial space across Merseyside has been sold or let in the last month including Liverpool’s biggest speculatively shed.
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OnlineHammerson's Union Square shopping scheme opens today
Today Hammerson is unveiling its Aberdeen shopping scheme with a series of flash mob dancers, pipe bands and a lantern parade.
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OnlineWork starts on Southwark’s Canada Water library
Work to develop the Canada Water library in London’s Southwark area has begun.
