All Property Week articles in 27 July 2007 – Page 10
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News
Queens Moat first-round bid
Jefferson Hotels, which is controlled by the Landesberg and Rosenberg families, is among the first-round bidders in the £450m auction of 19 former Queens Moat Houses hotels that were put up for sale recently by Goldman Sachs’s Whitehall Funds property investment arm. The Times
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News
US lender’s subprime woes hit prime book
Countrywide Financial, America’s largest mortgage lender, issued a profit warning for the year yesterday and sent shockwaves across the credit industry when it declared that the problems with its high-risk subprime home loans had spread to its prime loan book. The Times
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News
Bank deputy warns of UK subprime risks
Sir John Gieve, the Bank of England’s deputy governor for financial stability, has warned that key parts of Britain’s lending markets faced risks similar to the US sub-prime mortgage sector. The Times
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News
Admiral secures £760m on pubs
Admiral Taverns has completed a £760m debt refinancing. The Times. Daily Telegraph
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News
Latin American sell-off hurts McProfits
McDonald’s reported a quarterly net loss of $711.7m (£345.9m) after taking a charge on the sale of its outlets in Latin America. The Times. The Guardian
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Online
Kelly approves three major rail projects in rail white paper
London’s £5.5bn Thameslink project is to get the go-ahead as well as major redevelopments at Birmingham New Street and Reading Stations after government approved the three schemes in a rail White Paper published today.
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Online
Sony moves in to Prologis' French distribution Park
Prologis has secured two new tenants for its distribution park based near Paris, France.
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Online
Evans Randall buys in Canary Wharf
Evans Randall has bought the freehold of 5 Canada Square in Canary Wharf from the Royal Bank of Scotland for £452m.
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Online
Candy-backed resi scheme gets go ahead
Plans to redevelop two Thistle Hotels in Kensington into a luxury residential scheme have been approved by planners.
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Online
Housebuilders buys Lanarkshire site for new resi development
Housebuilder Manor Lane has bought a 37-acre site near Bellshill in Lanarkshire to develop a residential site of around 500 homes.
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Online
Lend Lease bags Elephant & Castle regeneration
Lend Lease has won the battle to regenerate London's rundown Elephant & Castle in one of the largest regeneration schemes in Europe.
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Online
Brighton and Hove Albion wins stadium battle
Brighton and Hove Albion FC has been given planning permission to build a 22,000 seater stadium in Falmer after a 10 year battle for a permanent home for the League One side.
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Derby lands £1.3m footbridge
Plans have been unveiled for a new £1.3m footbridge in Derby City Centre.
