All Property Week articles in 28 November 2008 – Page 2
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News
Bloomberg eyes three sites for London HQ
Bloomberg, the media empire founded by the current Mayor of New York, has shortlisted three sites for its new London headquarters.
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News
Marriages at risk in property slump
Thousands of couples could split up as a result of Britain’s crumbling property market, economists warn.
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News
Estate agents slam Scottish seller packs
Estate agents have criticised the introduction from today of sellers’ packs in Scotland, claiming they could harm an already vulnerable market.
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HBOS merger illegal, say Scots challengers
Scottish businessmen has launched a last-minute legal challenge to the merger of HBOS with Lloyds TSB, claiming that the Government’s approval of the deal was illegal.
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Pressure builds for big interest rate cut
Dire figures from Britain's manufacturers today will put extra pressure on the Bank of England to make a big cut in interest rates this week.
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Online
RICS issues further guidance on ‘valuation uncertainty’
The RICS said valuers must not use Guidance Note 5 in the RICS Red Book in a manner which could cause ‘the client or auditor to question the validity of the valuation, or to qualify a valuation report’.
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Online
Regus to buy Stonemartin Corporate Centres
Services office operator Stonemartin has conditionally agreed to sell its operating business to rival Regus Group for a price of up to £1.5m.
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News
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Online
Green light for Titanic in Belfast
The Northern Ireland Executive yesterday gave the go ahead for the £97m Titanic Signature Project at the Titanic Quarter regeneration scheme in Belfast.
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OnlineEuropean Space Agency to land in Oxfordshire
The European Space Agency has signed up to open a research centre at Harwell Science and Innovation Campus in Oxfordshire.
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OnlineRonan scoops big one at Irish Property Awards
Last night the great and the good of the Irish property world gathered to celebrate the achievements of the past 12 months.
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OnlineRetailer and landlord group hammer out agreement
A group of property heads and retailers including Sir Philip Green, Phil Wrigley executive chairman of New Look and Francis Salway, chief executive of Land Securities, has reached an agreement on a number of controversial measures including monthly rents and service charges.
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Online
F&C Reit to buy Dawnay Day portfolio
F&C Reit Asset Management has been selected as the preferred bidder for the £600m Dawnay Day portfolio.
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OnlineDarling's empty rates claim 'ridiculous' says IPD chief
Only 1% of properties on the IPD universe will be affected by the empty rates relief announced in the pre-budget, said a leading real estate economist.
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News
Buyers struggle to make payments
Property developers are seeing more defaults by home buyers and property investors, who are caught between declining prices and a shortage of lending by banks, Dubai’s property regulator said today.
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News
Beijing ready for further rate cuts
Mainland officials say they may cut interest rates further and ease the tax burden on low-income earners as the country's deepening economic slowdown threatens social stability.
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Rate cut to stabilise China market
The central bank's rare big interest rate cut will help stabilize the property market but will not ease property developers' tightened cash flow, experts said.
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News
Trilogy eyes mortgage fund
Brisbane-based funds manager Trilogy Capital Group has launched a takeover offer for the management rights to the $970 million City Pacific First Mortgage Fund.
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News
B&B fights to resolve crisis
Last ditch talks were under way last night between Babcock & Brown and its banking syndicate to try to resolve the financial crisis that could plunge the beleaguered asset management group into administration.
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News
New-Home sales down 5.3%
New-home sales tumbled to the lowest level in 17 years during October, while prices kept retreating.
