All Property Week articles in 23 October 2009 – Page 7
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Online
Court ruling rattles New York landlords
New York's highest court has ruled that owners of one of New York City's largest apartment complexes improperly raised rents on thousands of units removed from the city's rent-regulation program.
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Online
US warehouse landlords see mixes signals
With trade picking up again, warehouse owners say they see light at the end of the tunnel. But it could be a very long tunnel.
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Online
Ability Group signs in Luton
Andreas Panayiatou’s Ability Group has signed up Hilton and is to develop a 250-bedroom hotel on a site next to London Luton Airport. The hotel will trade as a Hilton Garden Inn.
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Online
NY court rules Tishman wrongfully raised rents
New York’s highest court ruled on Thursday that the owners of Manhattan’s biggest apartment complex wrongfully raised rents on thousands of tenants, in a decision that analysts say will bring the property closer to default and could further rattle the commercial mortgage-backed securities market.
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News
Wellcome offloads Trailfinders shop
King Sturge has been instructed to sell the freehold of the Wellcome Trust’s 1 Threadneedle property in the City of London
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News
Tesco moves into Newbury store
Aberdeen Property Investors has let a 33,165 sq ft store at London Road Retail Park in Newbury to Tesco on a 25-year lease
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Markets
Sisk in the market
Kettering Borough Council has awarded a contract to Sisk to build a £2.5m mixed-use scheme, which will feature 6,000 sq ft of restaurants and 12 flats, in the town’s Market Place
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Professional
Professional opinion - Robert MacGregor
CMBSs pose a challenge but also produce opportunities
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News
L&G Property in Lotus position
Legal & General Property has beaten fierce competition to buy McKay Securities’ Lotus Park in Staines (above) for £24.23m
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News
Sala negotiates stepped rent in Leeds
Rockpoint has let 92,000 sq ft at Building 92 at Sherburn Distribution Park near Leeds to Sala Document Storage
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Markets
Workplace parking: Levy or leave?
Nottingham City Council plans to introduce a levy on workplace parking in the city centre to reduce congestion and fund the extension of the Nottingham Express Transit (NET) tram system. Property Week asked the local market for its take on the controversial plans
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News
Lloyds loses leading lights
Top bankers Nick Robinson and John Moran relinquish key roles two years into long turnaround journey
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News
River Island takes Liberty in Romford
Cosgrave Property Group’s 1m sq ft Liberty shopping centre in Romford has signed River Island to open in an 8,000 sq ft flagship store on a 10-year lease this week
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News
Insolvencies let up in north-east
Prospects are looking up slightly for business owners in the north-east
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Markets
High rollers show their hands in Leeds
Fashion retailers Louis Vuitton, Paul Smith, Mulberry and Harvey Nichols took part in Leeds’ Victoria Quarter’s one-day Shopping Affair event last week
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Markets
MAN IN THE MIDLANDS: Peter Gadsby
Rams have what it takes to go all the way in the World Cup
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News
UK unlisted pooled funds return to positive territory
Sector records average return of 1.7% after eight consecutive negative quarters
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News
Wrenbridge flourishes in Norwich
Wrenbridge Land is to speculatively develop 10,000 sq ft at its Gateway 11 scheme in Norwich after the first phases of the scheme were prelet and sold.