All Property Week articles in 28 August 2009 – Page 6
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News
US embassy’s £50m VAT row
British and US government’s square up over tax payments at new Battersea embassy
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News
St John’s Square sale at 6.3%
Priory House on St John’s Square in Clerkenwell, London, has been sold to private clients of Michael Elliot for £6.3m, at an initial yield of 8.34%.
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News
Derivative values: August 2009
A monthly look at the derivatives market with Tullett Prebon’s Rob Atkin
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OnlineThe Local Data Company: Discount Stores Report 2009
’One silver lining in the current recessionary cloud has been an expansion of discount retailing. The sector has seen significant growth over the past two years with the UK’s top ten cities seeing an increase of some 60% in store numbers.’
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NewsCity stalwart Baker exits BH2
Michael Baker this week left City of London agent BH2 after relinquishing his partnership at the practice
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News
West End firm H2SO recruits Strutts man
A new West End start-up firm has recruited a new partner, agreed a name and secured an office
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ProfessionalCrafty retailer on hunt for 180 out-of-town stores
Hobbycraft expansion fuelled by demand for low-cost leisure activities and landlord incentives
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Professional
Crest Nicholson faces £11.7m counterclaim
A property investor wants Crest Nicholson to pay it £11.7m because of an alleged breach of contract in the purchase of a site in Guildford
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Online
Property management: 10 tips to avoid void headaches
Minimise your empty property liabilities
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Professional
Case news: Transport for London v Spirerose (in administration) 30.07.09
The Case: Should compensation for land that has been subject to statutory compulsory purchase be assessed on the basis that consent for development would be granted, or should the amount produced by such an assessment be discounted to reflect the lack of certainty?
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NewsHammerson and Hermes let 50,000sq ft to 15 new retailers
Hammerson and Hermes have let a total of 50,000 sq ft to 15 new retailers at Highcross Leicester shopping centre this year
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OnlineMcCabe to take 19.9% in Valad
Valad has agreed to restructure its outstanding A$60.7m (£31.2m) payment to Kevin McCabe for the purchase of his Scarborough Group two years ago.
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Online
Harbert completes 2.1m sq ft deal with Segro
Harbert European Real Estate Fund II has completed the purchase of four industrial estates from Segro for £103.75m.
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Online
Baird on board for Crown Estate in Scotland
Scottish Borders’ farmer Gareth Baird has been appointed as the next Crown Estate Scottish Commissioner.
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OnlineAuditor warns on future of Battersea Power Station owner
Real Estate Opportunities’ (REO) £1.6bn debt pile represents a ‘material uncertainty’ that the company can continue as a going concern, its directors and auditors said today.
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Online
Matrix European receives takeover approach
Matrix European Real Estate Investment Trust has received a takeover approach from a third party.
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Online
GPT Group to start fund manager sale next month
GPT Group will formally start the sale of its fund and asset management business GPT Halverton next month.
