All Property Week articles in 24 February 2012 – Page 4
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Insight
The number’s up for Britain’s housing shortage
A mantra could be defined as a phrase of religious or mythical script repeated to the extent that adherents develop an unquestioning belief in its veracity. Housebuilders and politicians have been repeating their own incantation for more than two decades, to the extent that just about everyone has elevated to ...
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News
Profits up at BNP Paribas Real Estate
BNP Paribas Real Estate, the development to transactional agency arm of the French bank, lifted operating profit by 11% to €156m in 2011.
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News
Who needs Cannes? Blighty hosts indie MIPIM
Forced into a horrible choice between four days of blistering French sunshine and a four-course lunch at 23 Ludgate Place in Birmingham on Wednesday 7 March, Ludgate naturally picked the lunch. Sadly, one of the events is already sold out.
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News
Pontiff struck by property tax bill
The Catholic Church could be hit with a hefty bill after the Italian government announced plans this week to end a tax exemption on Church-owned commercial properties, as it wrestles with its sovereign debt problems.
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Professional
House of Lords drills down to details of underground bill
Legislation would require subterranean planning application. Sarah Townsend reports
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News
BGC Partners tucks into Grubb & Ellis
BGC Partners, the acquisitive financial services firm that bought Newmark Knight Frank last October, has expanded its property services platform by buying Grubb & Ellis.
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Professional
Erect barricades and you might just spark controversy
The message A lawful user of an easement cannot be punished for other users’ unlawful use.
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News
Banks call time on Balls
The banks that own Balls Brothers’ wine bars and other bars and nightclubs in London have put the business up for sale for more than £120m.
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Insight
Don’t use derivatives as a crystal ball
For some reason, many still see property derivatives as a forecasting tool.
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News
Debt refinancing helps REIT back to Primary Health
Primary Health Properties has agreed to refinance the bulk of its debt that was due to expire in January 2013.
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Professional
London & Continental on track for Department for Transport assets
Channel Tunnel builder pursues property joint ventures across UK. Sarah Townsend reports
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News
NAMA beats other lenders to distressed asset vehicles
Irish “bad bank” sets up funds to attract investment to some assets. Mike Phillips reports
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News
Co-op poised to give developer what it Asks for
Ask Developments is in advanced talks with its lender, Co-operative Banking Group, over the refinancing of £42m debt that matures by October.
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News
Coventry Arena extension begins
A joint venture between Aviva Investors and Tesco is undertaking a 60,000 sq ft extension to the Coventry Arena Shopping Park after signing two prelets.
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News
Give us some band aid
Suggestions continue to flood in for artists and songs for a three-day festival at Battersea Power Station later this summer.
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Insight
Mayor must up his game after shambolic debate
“Unprofessional, poorly managed, poorly constructed and rude” is how one industry grandee described mayor of London Boris Johnson’s performance at LandAid’s London versus New York “Battle of the Giants” debate.
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Markets
Swindon’s Regent Circus recruits acts
Cineworld, Nando’s and Prezzo prelets enable first phase to begin. Sarah Stewart reports
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Professional
Energy act could force upgrades
Almost half the UK’s commercial buildings are in danger of failing new energy efficiency standards, a report by DTZ warns.
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News
Novel achievement
Staring through the wet train window makes many of us dream of holidays or new jobs.
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News
Foreign affair endures with £600m City trio
South-east Asian and Qatari buyers could take foreign investment past £2bn