All Property Week articles in 27 February 2009 – Page 7
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News
Sanahujas hand over control of Metrovacesa
The Sanahuja family has handed over control of Spain’s largest property company, Metrovacesa, through a debt-for-equity arrangement
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News
DTZ director cull continues
Four DTZ directors – Peter Mawson, Guy Varney, Brian Penman and Daniel Jefferies – have left as consultation continues at the firm
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Professional
Condemned
A Town Centre Securities retail park in Rochdale will be the next victim of empty rate relief
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News
Colliers CRE’s Midlands move
Colliers CRE is moving its 60-strong Midlands office from Embassy House on Church Street to Argent’s 107,000 sq ft 11 Brindleyplace in Birmingham
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Professional
RICS consultation tests climate
The RICS launched a consultation on its draft climate change strategy last Tuesday at the National Liberal Club in Whitehall, London
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Insight
A new reason to be cheerful
Sir, Your positive column on reasons to be cheerful (Property Week, 06.02.09) overlooked a significant one: the availability of unclaimed capital allowances
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News
Charles Stevens’ new firm
Former Knight Frank office agency partner Charles Stevens has set up his own business, Maple Burton
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News
Gloucester seeks city centre mate
Gloucester City Council is tendering for a partner to develop a £350m retail scheme
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News
Laxey calls for Hirco stand-downs
Laxey Partners has renewed its assault on Hirco, calling an emergency meeting of the AIM-listed Indian developer for a vote on overhauling the board
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News
JLL-managed fund quits Business Homes
A fund managed by Jones Lang LaSalle Corporate Finance is thought to have pulled out of backing troubled small business accommodation provider Business Homes
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News
Oz fund exits Bullring talks
Future Funds, the Australian fund manager has pulled out of talks to buy Land Securities’ stake in Birmingham’s Bullring shopping centre
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News
Brixton and Segro on cash-raising missions
Industrial REITs renegotiate debt and review assets to shore up share price
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News
SEB under offer in Bristol
German fund manager SEB has placed under offer 2 Templeback East in Bristol for around £27.5m from Invista Real Estate Investment Management at around a 7% yield, in what would be one of the largest deals in the region for more than a year
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Professional
Elements Square indoor shopping centre receives first 'excellent'rating from BREEAM
Land Securities’ £130m extension to the Almondvale Shopping Centre in Livingston, West Lothian, called Elements Square, is the first indoor shopping centre in the UK to be awarded a BREEAM ‘excellent’ rating.
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News
More London owner breaches loan covenants
The owner of the More London estate on the south bank of the River Thames has breached its loan-to-value covenant
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News
Bosch heads for Droitwich
Domestic heating and hot water company Worcester Bosch is in talks with Advantage West Midlands and Wychavon, Worcestershire and Worcester councils to move its Bosch Thermotechnology base from Warndon, in Worcester, to an 86 acre site near Droitwich, just south-east of junction 6 of the M5
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Professional
Lenton boosts Colliers’ health
Colliers CRE has appointed Adam Lenton as a director and head of the healthcare valuation team