All Property Week articles in 30 March 2007 – Page 3
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News
Modus to rebuild Coventry
Modus is set to buy a large chunk of Coventry’s main shopping area for redevelopment. Modus is understood to be in advanced talks with Prupim to buy its West Orchards shopping centre.
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News
North Tyneside Council
North Tyneside Council is to take 100,000 sq ft (9,290 sq m) of offices at Highbridge’s Cobalt 16 at the junction of the A1 (M) and the A69 in Newcastle. The council will move this October. GVA Grimley and Cushman & Wakefield are the letting agents.
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Markets
Moving costs triple under Labour government
The cost of moving house has more than tripled over the 10 years that Labour has been in power, says research by Propertyfinder.com. Overall costs now average £9,486, up from £2,925.
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Insight
Corrections
May Street church’s congregation in Belfast did not purchase the land the church is built on in the 1950s, and the project is not planned to be progressed in dispute with its owners. We apologise for this mistake.
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Professional
Unused sinking fund contributions
Questions One of my outgoing tenants has asked for their unused service charge contributions to a sinking fund to be refunded. It is an unusual request. Do I have to do this?
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News
New vehicles may compete with REITs for your favour
Open-ended investment companies could become investors’ vehicle of choice, says Melville Rodrigues
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Markets
Ealing Council close to Uxbridge Road sale
Ealing Council is poised to sell the site of its office at 22-24 Uxbridge Road for a figure that could reach £15m.
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News
City view: James Whitmore
Peter Redfern, chief executive of Wimpey, this week described his company’s proposed £5bn merger with Taylor Woodrow as a ‘marriage made in heaven’.
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News
Chinese property law reforms
Chinese President and Communist Party leader Hu Jintao on Sunday hailed a new property law enacted last week as ‘a significant move towards implementing the basic strategy of governing the country according to law’.
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Insight
Earls Court is ideal home forEarl’s Court is ideal home for Chelsfield
While east London wrestles with the Olympics, developers may be tempted to ignore the west of the capital.
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News
Whitbread ponders gym chain sale
Whitbread has confirmed that it is in early talks about a sale of its David Lloyd chain of health clubs.
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News
More woes for ING at giant Warsaw shopping centre
ING unable to deliver 50% stake in 2.4m sq ft scheme to joint venture partner
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News
CBRE tells retailers to up their property game
CB Richard Ellis, the world’s largest property services company, has called on retailers to take property more seriously.
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News
Castlemore to float local shops REIT
Riley and Gregory aim to raise £160m to expand high-y ielding portfolio
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Professional
Case news
Jonathan Ross reports on a right-of-way decision against West Yorkshire Police, and Warren Gordon looks at a row over who benefits from a rise in property values
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Professional
Clamping unauthorised cars
Question: I own premises with a private car park, on which unauthorised members of the public park their cars. Can I have them towed or clamped?
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News
… and takes steps to cut carbon footprint
British Land aims to become the ‘greenest’ company in the UK’s quoted property sector.
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News
Investor buys LandSecs’ Manc retail park
Land Securities has sold the £85m White City retail park in Manchester to a local investor as part of its focus on the development of open A1 schemes.