All Property Week articles in 24 September 2010 – Page 3
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Online
London residential and Asia drive Knight Frank profits up 168%
Knight Frank grew profits by 168% in the last financial year, the company said today.
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Thetrainline.com rolls into Edinburgh's Tanfields
Thetrainline.com is moving its Edinburgh office to Carlyle Group’s Tanfield development.
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Carlyle Group enters UK student housing market with £350m joint venture
Private equity firm The Carlyle Group has entered the UK student housing market after forming a joint venture with Generation Estates Limited.
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Beckwith to launch open-ended property fund
Sir John Beckwith, the veteran financier, will next month launch a fund offering institutional investment in real estate through capital markets instruments such as equities, debt and derivatives, the Financial Times reported today.
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BCO calls for worldwide office standards benchmark
The British Council for Offices (BCO) has called for a universal specification to benchmark Grade A offices, to eliminate variances in its definition around the world.
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BNP Paribas Real Estate begins City move
BNP Paribas Real Estate has begun its move into its new UK headquarters at 5 Aldermanbury Square, in the City of London.
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Travelodge in Bromley appoved
Plans submitted by Skillcrown Homes and Travelodge for a 92 bed hotel and shop on London Road, Bromley, were approved unanimously by Bromley Council’s planning committee last night.
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Taunton Firepool scheme gets green light
Outline plans for the £270m Firepool scheme, the first phase in the regeneration of central Taunton, have been give the green light from the council’s planning committee.
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Ravenscraig development moves forward
Consultants have been hired to draw up plans for the second phase of Ravenscraig - the redevelopment of the former Lanarkshire steelworks in Scotland.
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OFT tells Asda to sell 47 Netto stores
The Office of Fair Trading is to force supermarket chain Asda to sell 47 Netto stores to satisfy competition concerns.
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Hines looking for record rent in Mayfair
Record Mayfair office rents for this cycle are being sought with the launch of Hines’ One Grafton Street in London’s West End.
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Salmon Harvester makes Birmingham debut
One Victoria Square in Birmingham has been placed under offer by Salmon Harvester Opportunity Fund for just under £18m, its first purchase in the city.
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Expressions of interest called for Olympic media centre
The Olympic Park Legacy Company has called for expressions of interest for the redevelopment of the Broadcast and Press Centres within the Olympic Park site, after the Games.
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Arsenal buries debt with Highbury property sales
Arsenal Football Club has paid off all the debt used to develop apartments on its former stadium through sales of the flats.
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IIGCC report Climate Impact Reporting for Property Investment Portfolios
The Institutional Investors Group on Climate Change has published a report to advise property owners and fund managers on how to report environmental variabls such as energy, water and waste.
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Property insolvencies continue to fall
Property business insolvencies have almost halved year on year, according to financial analyst Experian.
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Targetfollow seeks legal advice as Lloyds pushes for administration
Targetfollow has lined up its lawyers to seek advice if its lender Lloyds forces it into administration.
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Gazeley gets green light in Stoke
Gazeley has beren granted planning permission for a 462,000 sq ft distribution shed at Meir Park in Stoke-on-Trent.
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Professional
Wise words
College of Estate Management principal Ann Heywood (right) awarded Argent Group joint chief executive Roger Madelin (far right) the college’s award for outstanding contribution to the property sector at the CEM annual lunch in the City of London on 3 September
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Insight
Reading resurgent
Sir, In reporting Stanhope’s tie-up with Sackville on the Station Hill project in Reading (news, 03.09.10), you correctly quoted Hicks Baker research which stated that office take-up has declined 80% since 2007, but this needs to be put into context.