All Property Week articles in 23 October 2009 – Page 4
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PW TV: How can CVAs, prepacks and turnover rents work for you?
Hear from three top legal minds at law firm Lovells on prepack administrations, company voluntary arrangments and turnover rents.
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Regal submits plans for Birmingham’s tallest tower
Regal Property Group has submitted plans to develop the £125m Regal Tower which will be Birmingham’s highest building.
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Dreams signs five store deal with British Land
Dreams, the bed retailer, has signed a multi-property deal with British Land.
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LaSalle Paris Office Ventures fund makes its €100m Paris debut
LaSalle Investment Management's LaSalle Paris Office Ventures (LPOV) has made its first purchase in Continental Europe with the purchase of Le Blériot office building in Suresnes, Paris for around €100m.
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Think tank warns against failure to invest in public infrastructure
A think tank has warned there could be a “ tsunami of a public sector recession ” in Britain if there is a decline in public spending.
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Redevco’s £65m Glasgow plan rejected
Glasgow City Council has refused planning permission for Redevco’s £65m redevelopment of George House in the city.
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Decathlon submits plans for west Midlands store
Sports retailer Decathlon, advised by Indigo Planning, has submitted a planning application for a 51,871 sq ft store on Axletree Way in Wednesbury in the West Midlands next to Junction 9 retail park.
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Recession shuts down 26,000 shops
The recession has forced almost 26,000 shops out of business according to figures from The Local Data Company.
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£300m Chesterfield Waterside project plans submitted
Regeneration company Urbo has submitted an outline planning application for the £300m Chesterfield Waterside Project in Derbyshire.
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Manchester occupiers see growth in 2010
Just over a third of 100 occupiers in Manchester city centre surveyed by Drivers Jonas are planning to move to larger premises in the near future, the firm said.
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ING Industrial Fund seeks fund to clear debt and build
ING Industrial Fund, owner of industrial properties in Australia, Canada and Europe, is seeking to raise A$700m to repay debt and resume development activities.
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Aldar sees modest Q3 pick up
Abu Dhabi's Aldar Properties saw land sale transactions pick up in the third quarter and expects the property market to stabilise next year, a top official said.
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Dubai rents slide from heady days
Prices for available space are falling to levels that would have seemed more fantasy than fact just a few months ago as Dubai’s commercial property market becomes hamstrung by the practice of multiple owners having interests in the same development.
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Norway set to raise rates
Norges Bank will probably raise its benchmark interest rate tomorrow, becoming the first European central bank to reverse monetary support measures as policy makers steer the oil-rich economy through its recovery.
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Deyaar cuts workforce
Deyaar Development, the Dubai- based developer that put a quarter of its projects on hold in February, cut about 20% of its workforce after construction in the sheikhdom dried up. The shares advanced.
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Goldman warns of 'false bottom'
The stabilisation in US home prices won’t last, according Goldman Sachs. BofA Merrill Lynch Global Research see a 'treat' rather than a retreat.
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US home prices 'steadied'
Home values in the US kept stabilisng and consumer confidence rose, bolstering the case that an economic recovery is at hand, economists said before reports out today.
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Spurs score wtih stadium plans
Tottenham Hotspur has today submitted to Haringey Council the planning application for the redevelopment of its White Hart Lane ground.
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Property tycoon Steve Roth buys Bernard Madoff's beachside home for $9.4m
It was the beachside home in which Bernard Madoff spent a lot of his time, just a three-hour drive from his New York 'money management' empire.
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Land Securities calls halt to softer retail rent deals as demand rises
Britain’s biggest property developer sounded the death knell for rent concessions for its retail tenants yesterday.