All Property Week articles in 27 August 2010 – Page 3
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OnlineBerners Hotel up for sale
Jones Lang LaSalle Hotels has been appointed by administrators of Berners (BVI), to sell The Berners Hotel in London’s West End.
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OnlineFurniture chain plans 33 stores expansion following investment
Furniture and home accessories retailer Dwell is planning to open 33 stores over the next four years following investment from a private equity house.
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Insight
Negativity breeds negativity
There was no change in the IPD Curve this week. This reflects the current neurosis in the wider market. Positivity breeds positivity and negativity breeds negativity. It all depends on whom you are talking to
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Online
Richmond to set up central property team
The London Borough of Richmond upon Thames is centralising its property teams as part of a bid to save £1.4m a year on back office costs.
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Online
Hansteen focuses on income, as capital growth prospects “limited”
Hansteen, the European secondary industrial property REIT, suffered a 5% drop in its net asset value in the first half of the year, due mainly to adverse currency movements.
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Online
Liverpool and Knowsley to share regeneration chief
Knowsley Council and Liverpool City Council are set to share a head of regeneration after Liverpool’s regeneration chief John Kelly stepped down.
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Online
Carrefour sets sights on key growth markets
Carrefour aims to accelerate store openings through acquisition or partnerships in key growth markets such as Brazil, China, Indonesia and Turkey as well looking to re-enter Russia, the Financial Times reported today.
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Online
Nelson Industrial Park in receivership
Profile Park, a 150,000 sq ft mixed use commercial site on Junction Street in Nelson has been placed in the hands of Law of Property Act (LPA) receivers LPA Direct.
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OnlineThree shortlisted for Lord's cricket ground redevelopment
Native Land, Almacantar and Capital and Counties have made it through to the final stage of the competition to develop the first phase of a £400m regeneration of Lord’s cricket ground – the Vision for Lord’s.
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Online
ING sells Canadian property portfolio for C$1bn
ING has agreed to sell its 50% stake in a light industrial property portfolio in Canada for C$1bn (£0.6bn), including debt.
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Online
Real I.S buys £52m West End office
Real I.S, the asset management company for BayernLB’s commercial real estate, has bought 21 Bloomsbury Street in London’s West End for around £52m.
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Online
Thurrock development body to escape axe
The Thurrock Thames Gateway Development Organisation is set to escape government plans to roll its powers into the Homes and Communities Agency (HCA), civil servants have indicated.
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MarketsQuintain warms up for Wembley phase two
Developer plans homes and retail around a new civic centre for the council
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Professional
Planning inspectors rule retail a valid use of space
Retail is a valid form of employment
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News
Susskind trio launch Hatton
Three directors at London agency Richard Susskind Co have left to set up Hatton Real Estate
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NewsUrban Outfitters’ gold Rushden
Retailer negotiates discount on Prupim’s vacant Northants distribution site
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Markets
Need to know: where to get your student loans
David Hatcher examines the three large-scale lenders to the student accommodation sector: Barclays Corporate, the Royal Bank of Scotland and Santander
