All Property Week articles in 27 April 2007 – Page 8
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News
German investment soars in 2007
Atisreal reports that €12bn (£8bn) has been invested in Germany’s property market in the first three months of 2007 up 20% compared with this time last year.
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News
Golf group’s £200m sale and leaseback
Club Company instructs Savills on golf courses and country clubs
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Markets
Liverpool landmark store up for grabs at £20m
Administrators handling the sale of the landmark Lewis’s department store in Liverpool city centre are holding out for a trade sale, despite pressure from buyers keen on converting the building into other uses.
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Insight
20-30-40-50
Each week we meet a property character from a different age bracket. Today, Richard Heap meets Howard Westgate, 28, associate at Cambridge-based Jeffersons Commercial
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News
Balfour-Lynn and Michels line up £2.6bn hotel float
Richard Balfour-Lynn, the head of Marylebone Warwick Balfour, and Sir David Michels, the former chief executive of Hilton Group, are planning the UK’s largest-ever property flotation.
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Markets
Londonewcastle doubles money in £19.4m sale to Unite
Londonewcastle, the residential developer, has more than doubled its money in just a year by selling a development site in London’s Southwark.
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News
Grainger issues £112m of bonds
Grainger has issued £112m of convertible bonds maturing in 2014 with a coupon of 3.625%.
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News
Baron Bloom blossoms in €107m German spree
(£73m) German investment spree over the last four weeks as the quest to find value on the continent continues.
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News
Morley to spend $10bn in Asia
Fund manager to forge joint ventures in Japan, China, India and Korea
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News
Prime growth outperforms in Q1
Prime growth properties far outperformed high-yielding secondary assets in the first quarter.
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Markets
Frontier Estates to cross resi threshold with 2,000 homes
New subsidiary already has consent for part of £325m development pipeline
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Online
Liberty chief exec to leave
Liberty, the Regent Street department store controlled by Marylebone Warwick Balfour, has lost its chief executive.
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Online
Qataris confirm 17.4% stake in Sainsbury’s
An investment fund backed by the Qatar government today confirmed that it had taken a large stake in supermarket group Sainsbury’s.
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Online
Terrace Hill buys big Bracknell site
Terrace Hill, the AIM-listed developer and investor, today announced that it had bought a large office development site in Bracknell.
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Online
Hilton sells €566m European portfolio
Hilton Hotels Corporation has sold a portfolio of 10 European hotels to a fund managed by Morgan Stanley Real Estate Funds (MSREF) for €566m (£386m).
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Online
Vaquier is new chief at Axa REIM
Axa Investment Managers has confirmed the appointment of Pierre Vaquier as chief executive of Axa Real Estate Investment Managers.
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Online
Cushman bags Midlands retail company
Cushman & Wakefield has made its first step to create a Midlands office with the purchase of a small retail company.
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Online
M&S announces sustainability partnership with BRE
Marks & Spencer has announced a five-year partnership with the Buildings Research Establishment to help the retailer become carbon neutral.
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Online
Morley to spend $10bn in Asia
Fund manager to forge joint ventures in Japan, China, India and Korea
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News
Green 'not interested' in Debenhams
Sir Philip Green, who owns Bhs and Arcadia, said yesterday he is not interested in buying Debenhams, the UK’s second-largest department store group. The Times