All Property Week articles in 27 July 2007 – Page 2
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Flood threat to £29m Oxford library plan
Plans to build a £29m home for one of the country’s most important collections of books have been put on hold after river water flooded parts of Oxford near the proposed site. Financial Times
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Thames Gateway bridge inquiry re-opens
The Thames Gateway development, Europe’s largest regeneration project, suffered further delays yesterday when the planned construction of a bridge was thrown into confusion. Financial Times
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Saudi Kingdom checks into Indonesia
Kingdom Hotel Investments, the hotel investment company chaired by the Saudi Arabian Prince Alwaleed Bin Talal, has bought the Four Seasons Hotel Jakarta, its first investment in Indonesia, for $48m (£23.4m). The Times
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Grosvenor House may be sold
The Royal Bank of Scotland is said to be considering putting the Grosvenor House hotel in London’s West End on the market for about £650m after receiving several approaches. The Times
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Somerfield store plans
Somerfield has announced plans to refinance the business and open 40 new stores. Daily Telegraph. Financial Times
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Asda rolls out adjacent land projects
Asda is to seek to develop land surrounding its stores for the first time. Daily Telegraph
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Floods help to fill Liberty’s malls
Liberty International has posted a 4% rise in net asset value, despite fears of a high street slowdown. Daily Telegraph. The Times. Financial Times
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Grosvenor in first Japanese derivatives trade
Grosvenor has agreed ‘a small test trade’ with Royal Bank of Scotland in Japan’s first property derivative deal. Financial Times
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Hermes chief resigns
Hermes was dealt a severe blow yesterday when Mark Anson, its chief executive of just 18 months, suddenly announced he would leave at the end of August. Financial Times. Daily Telegraph
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MarketsA valuable space
As markets start to cool, developers are realising car parks are hot property.
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Secondary yields on the up
Yields on secondary and retail property bought at auction rose in the second quarter of this year, research released last week has shown.
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Welsh mine to be regenerated
SpringUR, the regeneration division of Castlemore Securities, has bought The British, an old coal mining site in Talywain, South Wales, from Britannia Land.
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MEPC welcomes Watford trio
A trio of tenants has taken almost 40,000 sq ft of offices at MEPC’s Leavesden Park in Watford, Hertfordshire.
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Slough takes space at St Martins
Slough Council has taken 43,097 sq ft of offices on a new five-year lease with a rolling break after three years for an undisclosed rent at Capital & Counties ’ St Martins Place, 51 Bath Road, Slough. CB Richard Ellis acted jointly with Vail Williams on behalf of ...
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MarketsStop, look, listen
In a Property Week first, Lydia Stockdale examines the top 10 issues facing car park developers and operators
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Savills is latest to set sights on a transatlantic wedding
UK firm joins race to find US partner.
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Londonewcastles land purchase
Londonewcastle has bought Quest House on Cross Road, Croydon, from Wichford for £5.6m.
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Orwellian sale in Ipswich
Threadneedle Property Funds has sold the Orwell retail park in Ipswich for £16.6m.
