All Property Week articles in 26 March 2010 – Page 4
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India to review housing levy
The urban development ministry will seek a review of the proposed service tax levy on sale of housing projects under construction. The levy has been proposed in Budget 2010-11.
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Guangzhou eyes HK list system
Guangzhou has proposed launching a land sale system similar to the application list in Hong Kong as it seeks to cool home prices.
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Google Japan to moves into Tokyo tower
Google will relocate to the Mori Tower in Tokyo’s Roppongi Hills complex where Goldman Sachs Group has its Japan headquarters.
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Aussie central bank warns on house prices
Australia’s central bank Governor Glenn Stevens said house prices are “getting quite high” and signaled that interest rates may need to be increased further to contain inflation.
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Best Buy confirms UK opening dates
US electrical retailer Best Buy has today revealed launch details for its first four stores to open in the UK.
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London luxury home prices increase at slowest pace in a year
Luxury-home prices in central London increased at the slowest rate since a recovery started a year ago on the prospect of lower bonuses for bankers and increased taxes for higher earners, Savills Plc said.
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BOE’s Sentance says global ‘Imbalances’ may re-emerge in pick-up
Bank of England policy maker Andrew Sentance said global disparities in trade flows and domestic demand may re-emerge as economic growth resumes.
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Office rents in capital rise by 12pc
Office rents in the City of London, a key economic indicator, rose by 12pc in the final three months of 2009, according to property agents NB Real Estate.
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European banks face $209bn shortfall on real estate debt
European banks may face a 156 billion-euro ($209 billion) shortfall in funds needed to refinance commercial real-estate debt in the next two years, DTZ Holdings Plc estimates.
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Invista European Markets Report: March 2010
"Even though we expect European leasing activity to improve from low levels in 2010, we believe that further rent declines are possible in the short term. In contrast, capital values are expected to be influenced by the positive impact of yield compression."
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Knight Frank's European Market Indicators: Spring 2010
Knight Frank's report focuses on the major European cities and shows wherer they are in the rental cycle, the average rent and yield in each city, and vacancy rates across offices, retail and industrial.
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The Wealth Report 2010 - Citibank and Knight Frank
"Three years into the global housing market downturn, and at the tail end of the world’s worst recession for 70 years, we might have expected to see the beginning of a slow and measured property recovery. Instead, on the one hand, we have strong growth in London and huge uplifts ...
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BLOG: Barrie on Boris’s Olympic Orbit
My spies in City Hall tell me the Mayor is gearing up any day to launch `Olympic Orbit 2012’ – his personal legacy from London’s Games.
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HCA and NWDA pledge £84m for Pennines
The Housing and Communities Agency (HCA) and the North West Regional Development Agency (NWDA) have pledged £84m to support housing and regeneration across Pennine Lancashire.
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Industrial spec development to start by end of 2010
Speculative development could return to the industrial market as early as the end of 2010, research from Lambert Smith Hampton has said.
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Cordatus appointed asset manager to Castlemore Group assets
Cordatus has been appointed asset manager to Castlemore Group’s UK wide portfolio of 16 assets against which HSBC is the principal lender.
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PWTV: Edinburgh Come Dine With Me - The Final
In the final episode of "Property Come Dine With Me - Edinburgh" the foursome dine at the home of DTZ's Howard Ounsley - wine lover and self-confessed foodie.
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Birmingham Development Company in administration
The Birmingham Development Company has gone into administration.
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Threadneedle signs three in London's West End
Threadneedle Property Investments has signed three new tenants at 85 Newman Street in London’s West End increasing its rental income by £258,000.
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Warner completes debt refinancing
Warner Estate Holdings has ensured its survival, by agreeing a refinancing of its debt with its three lenders, as tipped in today’s Property Week.