All Property Week articles in 29 August 2008 – Page 8

  • Online

    Stalled Newbury scheme to go ahead

    2008-08-27T10:07:00Z

    Standard Life Investments will go ahead with proposed redevelopment in Newbury.

  • Online

    Sniper takes its Macau fund into warehousing

    2008-08-27T09:19:00Z

    Macau Property Opportunities Fund has completed its first warehouse property investment near the former Portuguese colony.

  • Online

    Gloom at Taylor Wimpey despite debt boost

    2008-08-27T08:33:00Z

    Taylor Wimpey said this week that it was confident of agreeing a deal with its lenders that will see interest cover covenants relaxed before the end of the year.

  • Online

    British Land's Stephen Hester takes up non-exec role at RBS

    2008-08-27T08:17:00Z

    Stephen Hester, chief executive at British Land, is to take up a position as a non-executive director of The Royal Bank of Scotland Group.

  • Online

    Countrywide expands with Northern take-over

    2008-08-27T08:12:00Z

    Countrywide Residential Lettings (CRL) has acquired Specialist Lettings Management (SLM), a letting agencies in the north of England.

  • News

    Bovis urges Government to help solve mortgage misery

    2008-08-27T08:05:00Z

    Bovis has called on the Government to step up its attempts to support the housing market in a bid to ease the misery being felt in the sector.

  • News

    Mortgage approvals highlight household strains

    2008-08-27T08:04:00Z

    Mortgage approvals remained close to record lows last month, figures from high street banks showed yesterday, while weaker deposit growth and lower credit card spending pointed to mounting financial strains on households.

  • News

    Retail giants declare Liberty stakes

    2008-08-27T08:03:00Z

    Two of the world’s largest retail real estate companies, Australia’s Westfield and US developer Simon Property Group, have declared stakes in Liberty International, strengthening the prospect of a bid for the FTSE 100 retail property owner.

  • News

    Cap & Reg fund sells

    2008-08-27T08:02:00Z

    Capital & Regional said that the Junction, the specialist retail park fund, has exchanged contracts for the sale of Templars Retail Park in Oxford for £57m. Capital & Regional is the asset manager of the Junction and held 27.3% of the fund’s units at the end of July.

  • News

    Buy-to-let weakens

    2008-08-27T08:01:00Z

    Buy-to-let lending weakened during the second quarter, the Council of Mortgage Lenders reported. The total number of buy-to-let loans agreed fell to 69,800, down by 21% from the same period last year. The number of buy-to-let loans agreed for property purchases, rather than remortgages, fell by 33% to 31,650.

  • News

    US house prices drops ease

    2008-08-27T07:59:00Z

    US home prices posted a record annual decline of 15.9% in June, but the pace of monthly falls slowed significantly, offering hope that the ailing US housing market is edging towards a rebound.

  • News

    Rock debacle batters City's reputation

    2008-08-27T07:57:00Z

    Eighteen months ago, the City was riding high. Companies flocked from across the world to take advantage of London’s principles-based regulation and wide investor base. The mood on Wall Street was more embattled. The subprime mortgage market was showing signs of strain and three separate commissions were bemoaning a loss ...

  • News

    Fears rise over Rock mortgage quality

    2008-08-27T07:55:00Z

    New evidence that Northern Rock owns a poorer quality mortgage book than its peers has emerged just days after previously unseen documents revealed the Government was warned that the taxpayer could lose up to £1.28bn by nationalising the stricken bank.

  • News

    Obama considers direct help to housing market

    2008-08-27T07:54:00Z

    Barack Obama would consider ratcheting up support for the housing market if he wins the presidential election, a top adviser has said.

  • Online

    CoreNet sets up Central Europe branch

    2008-08-26T16:57:00Z

    Corporate real estate association CoreNet Global has set up a Central Europe arm, incorporating Germany, Switzerland, Austria, the Czech Republic, Hungary, Liechtenstein, Poland, Slovakia and Slovenia.

  • olympic stadium
    Online

    CABE and Design for London back Olympic Stadium design

    2008-08-26T15:17:00Z

    The Commmission for Architecture and the Built Environment and Design for London today backed the design of the stadium for the London 2012 Olympics.

  • Online

    Junction fund sells Oxford retail park

    2008-08-26T14:31:00Z

    Resolution has bought the Junction funds’ Templars retail park, Oxford for £57m.

  • Online

    Clydesdale Bank moves to Stockland’s City of London office scheme

    2008-08-26T13:20:00Z

    Clydesdale Bank has agreed terms to take 15,630 sq ft at Stockland’s 33 Gracechurch Street office scheme in the City of London.

  • Online

    ING sews up Kajima’s Savile Row buy

    2008-08-26T13:15:00Z

    Kajima has bought a Mayfair office building from ING Real Estate for £40m.

  • Online

    Logistics company takes South Yorks shed

    2008-08-26T13:13:00Z

    Logistics operator Cert Octavian has taken 84,000 sq ft at Adwick Park, Manvers, near Rotherham in South Yorkshire.