All Property Week articles in 29 February 2008 – Page 7
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News
South London development scheme
Architect Will Alsop has designed this mixed-use development opposite East Putney Tube station, in south London, for developer Oracle. The scheme was due to be revealed yesterday.
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News
Deramore’s retail double
Deramore Property Group has bought two retail properties for £23.05m; 50,612 sq ft at 12-15 High Street in Winchester from British Land, at a net initial yield of 4.47% and 121-123 Princes Street, Edinburgh, from clients of Resolution Asset Management, for £11.8m.
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Insight
Development Delays
A four-year development boom is about to end. The numbers just don’t stack up: tenant demand is flat and debt to fund schemes has evaporated.
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News
UK housebuilders defy doom-mongers
UK housebuilders unveiled better-than-expected results this week, but warned that the sector will face more pressure in 2008.
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Insight
Debt Dilemmas
Six months after the credit crunch, Mike Phillips explains how debt-driven investors are seeing their finances stretched. And Property Week explains how fears over the wider economy are beginning to slow development
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News
Manchester mourns death of supercasino
Government finally kills regeneration dream for east Manchester
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News
Powerleague Group and JJB Sports deal
Listed five-a-side football company Powerleague Group this week bought the UK Soccer Domes property portfolio from sports retailer JJB Sports. Powerleague paid £17.4m for five indoor soccer centres, including the world’s largest five-a-side centre, near Manchester which has 19 indoor and three outdoor pitches. It now operates from 43 locations ...
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News
Croydon decision delay upsets JV
Stanhope and Schroders have lodged an appeal against Croydon Council’s failure to determine its planning application for part of the Croydon Gateway site.
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News
Ken rallies West End crowd
Ken Livingstone told London’s property community that he was the man to stave off competition from New York and emerging eastern cities.
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News
Kellogg crisp deal at Ruislip
MW Kellogg has extended its lease on 13,200 sq ft at Odyssey Business Park in Ruislip.
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News
Foxtons faces OFT in High Court
The Office of Fair trading has issued High Court proceedings against residential estate agency Foxtons in relation to the wording of lettings agreements and is seeking an injunction preventing it from using the terms.
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News
Reit’s Dutch courage
Reit Asset Management has secured a debut retailer for Belgium at its retail scheme in Antwerp.
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News
Council in market for development partner
Manchester city Council is looking for a development partner for a 35 acre market site in east Manchester.
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News
Cosgrave’s Romford duckling
Cosgrave Property Group has bought 1–10 and 44-52 Swan Walk in Romford, Essex.
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News
Sainsbury’s takes Co-op stores
Sainsbury’s has bought two Co-op stores, totalling 8,800 sq ft, in the north of England as part of a push into new regions.
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Professional
The colour of money
… is greener than ever. Kenmore, Palmer Capital Partners and Aberdeen Property Investors have all set up sustainable property funds.
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News
Classroom Pods get go-ahead
Sustainable classroom ‘pods’ on stilts at Elleray Preparatory School in the Lake District National Park, Windermere, have been granted planning consent. KITA is the designer.
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News
City View: James Whitmore
Management buyouts are rarely embraced with great enthusiasm by shareholders.
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News
Erinaceous updates City on MBO
Embattled property services firm Erinaceous plans to update the City on its strategic review in March, which could involve a management buyout of its commercial arm.