All Property Week articles in 27 August 2010 – Page 2
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Cluttons' Residential Property Forecast: August 2010
House price growth in 2010 has so far exceeded expectations. We now expect price growth of around 4% over the year, with the rate of growth moderating slightly in the latter half of the year.
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LandSecs’ Peel in Arsenal transfer
Nick Peel, head of retail property management at Land Securities, has been poached by Arsenal football club.
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Aldi portfolio bought by MGPA
Discount retailer Aldi has sold a portfolio of 140 properties to MGPA for an undisclosed sum.
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Christie + Co opens new Vienna office
Christie + Co is set to open its first office in Austria in a move aimed at establishing a stronger presence in south east Europe.
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Exemplar and City of London sign development agreement for London Fruit and Wool exchange site
Exemplar Properties and The City of London Corporation have signed a development agreement for the regeneration of the London Fruit and Wool Exchange site in the City.
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Asset sales among £90m savings identified by Brum
Birmingham City Council has identified £90m yearly savings on “back office” costs, which will include money earned from the sale of assets.
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Sainsbury’s gets go ahead for Derbyshire supermarket
Sainsbury’s, advised by Indigo Planning, has been given the go ahead for a major superstore extension in Chesterfield, Derbyshire, following an appeal.
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House prices set to slump even further as home loans stay scarce
The housing market faces a “double-dip” recession this year, with falling prices and a rising tide of negative equity hitting homeowners hard, the Independent reported today.
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Tesco dirty tricks row: Retail giant accused of bulldozing through plans for big new stores
Tesco has been accused of using its financial muscle and dirty tricks to win approval for a series of new stores, the Daily Mail reported today.
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M&G drops price of property fund units
A property fund managed by M G has been forced to cut the price of its units following a “persistent” outflow of investor money, in a move that will again raise questions over sentiment towards real estate assets, the Financial Times reported today.
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CABE Review: Ashton Green, Leicester
Proposals for a 3,000 homes, employment uses, retail, education, community and health facilities by Leicester City Council. Designed by Taylor Young.
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Latest Farebrother report shows take up in Midtown strong
The drying up of new office space in London’s Midtown area is encouraging the take-up of refurbished offices.
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Invista buys Aberdeen shopping centre
Invista Real Estate Investment Management has bought the Westhill Shopping Centre in Aberdeen for £9.25m.
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Knight Frank's Second Home Revival: New-Build Second Homes Report 2010
The second home market was one of the most resilient sectors of the housing market throughout the recent recession surprisingly so, perhaps.
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Knight Frank: European Investment Commentary - Summer 2010
The European economy has continued its recovery from recession, though weak consumer spending and concerns over sovereign debt are hampering the momentum of growth.
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CB Richard Ellis Global Marketview: Office Rental Cycle - Q2 2010
Global economic indicators improved in the second quarter of 2010 and world GDP growth for the year is forecast at around 4.5%, according to the IMF.
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Land Securities sells Stratford mall
Land Securities has sold its Stratford shopping centre to Catalyst European Property Fund for £91.5m, as first tipped by Property Week.
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Gerald Eve: Legal and Parliamentary Evebrief - August 2010
Both the Conservatives and the Liberal Democrats made pre-election promises in their manifesto to automate the small business rate relief (SBRR) scheme.
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CB Richard Ellis Marketview: Central London Offices - Q2 2010
In the wake of two very strong previous quarters, take-up weakened in the second quarter, albeit to 2.7m sq ft which was just below trend.
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GL Hearn poaches planning heads
GL Hearn has poached three senior names in planning from rival consultancies.