All Property Week articles in 24 April 2009 – Page 5
-
Online
Holiday home owners set for windfall
Britons with second homes in Europe could receive a windfall of up to five years' worth of tax paid back to them by HM Revenue & Customs.
-
Online
Bay Trading has gone into administration
Bay Trading’s parent Alexon today said it had put the women's fashion chain into administration.
-
Online
Crown Estate refuses TK Maxx's Piccadilly store
Discount retailer TK Maxx has been refused permission to take a unit at Piccadilly Circus by freeholder The Crown Estate.
-
Online
GPE’s Courtauld criticises 50% tax rate
The 50% tax rate for higher earners announced in the budget on Wednesday will damage the UK’s ability to encourage business, Great Portland Estates’ chief executive Toby Courtauld said today.
-
Online
Muse wins £300m Doncaster regeneration scheme
Muse Developments has been selected as developer of a new £300m civic and cultural quarter in Doncaster.
-
Online
Capital & Regional reports 'deeply disappointing' annual results
Capital & Regional this morning published 'deeply disappointing' 2008 annual results, which revealed a 73% plunge in net asset value and a £513m pretax loss.
-
Online
Circus legend's house price slashed by for 35%
The owner of circus entrepreneur James Bailey's 1880s mansion in New York has cut the price to $6.5 million after listing the home in November for $10m - a drop of 35% in less than half a year.
-
Online
China market tipped to recover in second half
The mainland property market may recover in the second half of the year as the economy could pick up soon following Beijing's massive stimulus package, a think-tank said yesterday.
-
Online
Emaar prepares toxic asset plan
Dubai developer Emaar Properties is drawing up a plan to deal with its toxic assets, the firm’s chief operating officer said in remarks published on Thursday.
-
Online
RAK shareholders 'pressure' forces dividend
RAK Properties will pay a dividend despite falling sales and board objections, after shareholders pressured management, the chief executive said yesterday.
-
Online
US sales down 3%
Sales of US existing homes fell by 3% during March, reversing the rise in February. Overall sales of existing homes and apartments fell to an annual rate of 4.57 million units in March, from a revised 4.71 million in February, 7.1% lower than a year ago.
-
Online
Estate agents downbeat on tax hike as prices rise
A rise in the highest rate of income tax risks stamping out the first green shoots of recovery in the prime property market, which has suffered a sharp fall in prices over the past year.
-
Online
Persimmon sales better than expected
Persimmon announced yesterday that sales volumes since the beginning of the year have been better than expected.
-
Online
Rock problem loans double
Problem loans on Northern Rock’s mortgage book have almost doubled in just six months as the poor quality of the former management’s lending continues to unwind.
-
Online
Only 1,000 homes for £100m
Plans to revive council housing were attacked as a drop in the ocean after it emerged that an extra £100m announced by Alistair Darling would create just 900 homes.
-
Online
Lloyds cuts 1,000 jobs
Lloyds Banking Group will cut almost 1,000 jobs in its car loans business over the next two years.
-
Online
City job vacancies rise again
The number of job vacancies in the City of London rose slightly last month as employers sought to fill specific skills gaps in the workforce, according to Morgan McKinley, the financial recruitment specialist.
-
News
Ryde into a Sainsbury’s
Ryde Docklands has bought a Sainsbury’s on Tewksbury Road in Cheltenham for around £40m – a net initial yield of 6.2%.
-
News
Poundland sees value in Stafford
Poundland has taken 6,170 sq ft at units 1-4, Guildhall shopping centre in Stafford from Glanmore on a 10-year lease at £150,000 a year.
-
News
Pasties for Stratford and Rugby
Oxfordshire-based the Tin Miner’s Pasty Company has opened a 650 sq ft store in Stratford-upon-Avon and a 330 sq ft shop in Rugby, both on five-year leases at a rent of around £25,000 a year.
