All Property Week articles in 24 April 2009 – Page 4
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OnlineThe Property Rich List: 16 - 20
The super-rich have had a tough year. The Sunday Times Rich list, published yesterday, which lists the top 1,000 wealthiest people in the UK and Ireland, shows that the wealthiest people in the country have had £155bn of their fortunes wiped out by the recession.
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The Property Rich List: 21 - 25
The super-rich have had a tough year. The Sunday Times Rich list, published yesterday, which lists the top 1,000 wealthiest people in the UK and Ireland, shows that the wealthiest people in the country have had £155bn of their fortunes wiped out by the recession.
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OnlineJJB’s future decided today
The creditors of sports chain JJB Sports will meet today to decide its fate.
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OnlineBoris to headline Outer London Summit
Mayor for London Boris Johnson has been confirmed as the keynote speaker for Property Week’s Outer London Summit on June 11.
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Singapore developers hammered by falling prces
As property prices in Singapore continue to tumble, one of the country's biggest developers posted disappointing earnings while another said it will raise capital to protect itself against the downturn.
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Germany moves closer Hypo RE control
Hypo Real Estate Holding AG has taken another step toward government control of the mortgage financier.
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Aussie lenders face penalties for bad loans
Mortgage brokers and lenders will face fines or even jail terms if they fail to properly assess if a product is suitable for customers and whether a borrower can repay a loan under tough laws unveiled today.
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First fall in mainland China land prices for eight years
Land prices on the mainland fell for the first time in eight years in the first quarter, as developers were slow in replenishing land amid the uncertain outlook for the property sector.
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Hong Kong developers reap HK$5bn
Hong Kong's two largest developers pulled in more than HK$5 billion from property sales last weekend, a move analysts believe will help them build up their war chests in preparation for a land acquisition spree.
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Foreign ownership mooted within Abu Dhabi scheme
Al Falah, the next Emirati housing project to be delivered in Abu Dhabi, may include an investment zone where foreigners can purchase low-cost properties, according to its developer Aldar Properties.
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Deyaar profit slump 73%, offers buybacks
Deyaar Development, a property developer based in Dubai, yesterday announced a profit of Dh54.4m (US$14.8m) for the first three months of this year.
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Emaar has no plans for credit notes
Emaar Properties, the UAE’s largest property developer, has no plans to issue credit notes that allow customers to swap their investments between projects, the company said in a statement.
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Rock to be split and sold by year end
Northern Rock is to be sold off by the end of the year under a fast-track government plan to start clawing back some of the hundreds of billions of pounds of taxpayers’ money ploughed into the banking sector.
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House price plunge slows on rising demand
House prices fell at the lowest monthly rate for a year in April, fuelling hopes among housing experts that a bottom is being reached in the market.
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JJB creditors to decide fate
The creditors of JJB Sports will meet today to decide whether to allow the leisure wear seller to go ahead with a company voluntary arrangement, in a move that could see the retailer become the first large UK-listed business to avoid going into administration following a consensual agreement with its ...
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Seven reatialers a day collapse
Seven retailers collapsed on every single working day, on average, during the first quarter of the year, the accountant PricewaterhouseCoopers said yesterday, revealing figures that lay bare the impact of the worst recession for at least 35 years.
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Geronimo expands in Punch purchase
Pubs chain Geronimo Inns has secured £10m in funding from its private equity and banking backers to buy six London pubs from Punch Taverns.
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Poor credit rating threatens Gatwick sale
BAA’S hopes of getting at least £1.6bn for Gatwick airport have been dealt an eleventh-hour blow by the credit rating agency Standard & Poor’s.
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Liberty up a fifth
Shares in the property group have risen by 20.3% in three months as speculation has grown about a fundraising. The company is expected to try to raise £500m in a placing and open offer that is likely to be announced this week.
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Landlords warn over insolvency deals
Commercial landlords have called for tougher controls on the way insolvencies are managed to prevent firms using administrators 'to threaten suppliers'.
