All Property Week articles in 27 November 2009 – Page 3
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Oz building approvals show unexpected dip
Australian home-building approvals unexpectedly fell in October for the first time in five months after the government reduced grants to first-time buyers and the central bank raised interest rates.
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New US guidelines aim to give alternative to foreclosure
The Obama administration has laid out final guidelines that should make it easier for some financially troubled borrowers to sell their homes.
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M&B hits out at its biggest shareholder
Tensions within one of the country’s biggest pub operators spilled into the open on Monday when Mitchells & Butlers accused a representative of its biggest shareholder of actions that could undermine the independence and effectiveness of its board.
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U.K. nationwide house prices rose for seventh month
U.K. house prices rose for a seventh month in November as the labor market showed signs of improvement and the recession eased, Nationwide Building Society said.
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World’s Most Expensive Office Markets Get Cheaper on Job Cuts
The world’s most expensive office markets got a little cheaper this year.
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Southwark Council and Lend Lease agree development heads of terms
Southwark Council’s executive has approved a heads of terms agreement with Lend Lease Europe to carry out a multi million pound regeneration scheme in Elephant and Castle in South London.
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Dubai World to restructure $26 billion of debt
Dubai World said it began “constructive” talks with banks to restructure $26 billion of debt, including liabilities owed by units Nakheel World and Limitless World.
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West End strengthens Shaftesbury results
Office rents continue to fall and property values remain depressed, the property group Shaftesbury warned on Tuesday.
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UK house prices to fall in 2010 says Jones Lang LaSalle
London and the South East have led a strong recovery for UK house prices during the past six to eight months and average house price growth for 2009 could reach 5% by the year end.
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British Council of Shopping Centres calls for retail kickstart
The British Council of Shopping Centres is calling on the Government to make a firm commitment to measures that kick-start the retail property development pipeline in its pre-Budget Report next week.
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Higgs & Sons settles on new office at Brierley Hill
Law firm Higgs & Sons has signed up to move to offices at Westfield’s 3 Waterfront Business Park in Brierley Hill in the West Midlands.
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High net worth investor confidence in property is back, says Barclays
High net worth investor confidence in property is returning, with 76% of investors seeing opportunities in residential investment and 68% seeing opportunities in commercial investment, according to a report by Barclays Wealth.
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MORNING AFTER: Argent's Piccadilly Place party
Argent Group threw a party to celebrate the launch of its Piccadilly Place scheme in Manchester.
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Eat & Two Veg to close on Marylebone High Street
Vegetarian restaurant Eat & Two Veg is to close on Marylebone High Street and the lease has been sold to entrepreneurs, Julie Van Oostende and her father Luc, the operators of Cafe Theatre in Ghent, Belgium.
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Westfield signs Best Buy at Merry Hill
Westfield has signed up Best Buy, the electrical goods retailer, at Merry Hill in the West Midlands.
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Coplan starts Bedford Aldi
Coplan Estates has begun work on a £2.5m Aldi supermarket, the first phase in the Bedford Church Lane Neighbourhood Centre Regeneration.
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Wealthy investors plan to buy more real estate, Barclays says
Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey.
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Mortgage approvals at highest level for almost two years as housing market bounces back
The number of mortgages approved for house purchase rose to its highest level for nearly two years during October as buyers continued to return to the market, figures showed today.
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London goes for gold at the low-carbon Olympics
Staging the London 2012 Olympic Games is a huge undertaking. Hundreds of contractors are being hired and billions of pounds spent. Behind all the activity is the promise that the games will be environmentally friendly — indeed, the pledge to make these the first low-carbon games helped London beat off ...
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Dubai property owners fear fresh price falls
High anxiety: one analyst fears a 70 per cent peak-to-trough fall in Dubai property prices within six to nine months