All Property Week articles in 30 October 2009 – Page 2
-
Online
Site traffic climbs 35% at Rightmove
Rightmove, the UK’s leading property search website, backed suggestions of a return of confidence in the housing market as it pointed to improved traffic generated by online househunters and a recovery in advertising revenues paid by estate agents and developers.
-
Online
Housebuilders’ fortunes turn as investors return to fold
Shares in UK housebuilders rose strongly on Wednesday after the completion of £700m of rights issues announced last month and positive updates from two of the UK’s largest listed builders.
-
Online
Housebuilder ‘runs out of homes for rest of the year’
Taylor Wimpey has raised the price of new-build homes in response to “significantly better” housing market conditions.
-
Online
My company holds a lease of office premises for a term of five years.
Our landlord (who owns the entire building) has recently gone into administration and receivers have been appointed. The building is subject to a legal charge. Will we be asked to leave? Our lease is outside the protection of the Landlord and Tenant Act 1954 and contains a mutual rolling break ...
-
Online
Grainger to be taken to employment tribunal
Grainger’s former head of sustainability Tim Nicholson has won the right to take Grainger to an employee tribunal on the grounds he was dismissed for his “philosophical belief” on climate change.
-
Online
McAleer & Rushe's £45m Bradford scheme moves forward with council loan
Bradford Council has loaned £6m to developers McAleer & Rushe to enable the development of a £45 city centre scheme.
-
Online
PODCAST: Politicians are vilifying bankers, says Credit Suisse's Ian Marcus
Politicians and the tabloid press are scoring easy points by vilifying bankers, Credit Suisse’s European head of real estate banking Ian Marcus said in the anniversary edition of Property Week’s podcast.
-
Online
Rugby REIT urges shareholders to reject £24m bid
Rugby Estates Investment Trust’s (Rugby REIT) board has again urged shareholders to reject Laxey Partners’ £24m takeover bid saying it “substantially undervalues the company”.
-
Online
Rugby Estates sells two industrial properties
Rugby Estates has sold two industrial properties for £5m to clients of CBRE Investors as part of its planned disposals intended to return money to shareholders.
-
Online
Rob Madden cancels Doherty Baines move to stay at CBRE
Rob Madden, head of office agency at CB Richard Ellis in the UK, has cancelled his move to Doherty Baines, and is to stay at the firm.
-
Online
Laxey makes £24m offer for Rugby Reit
Laxey Partners, the shareholder activist, has made a £24m ($39m, €27m) offer for Rugby Investment Trust in the first ever cash bid for a Reit in the UK.
-
Online
Northern Rock accelerates mortgage lending
Northern Rock, state-owned bank, accelerated mortgage lending to customers in the past three months, which is expected to contribute to an improved performance in the second half.
-
Online
Sovafim sells 11 Parisian properties for EUR 231m
France's Sovafim, a state-owned real estate management company, has sold the Maheu property portfolio for EUR 231 mln, excluding taxes, French business website Business Immo has reported.
-
Online
Invesco fund acquires Radisson Blu in Hamburg for EUR 155m
Invesco Real Estate has announced it has acquired the Radisson Blu Hotel in Hamburg, Germany, for EUR 155 mln on behalf of Invesco Real Estate's European hotel fund.
-
Online
Abu Dhabi rents decline slows in Q3
The rate of decline in Abu Dhabi rents slowed in the third quarter, while the number of sales dipped to “extremely low levels”, CB Richard Ellis (CBRE) said on Wednesday.
-
Online
Philippine power, property plays tipped on incentives, BPI says
Philippine investors should buy power and property stocks, including Energy Development Corp. and Robinsons Land Corp., as these companies will get an earnings boost from laws on renewable energy and real estate investment trusts, Bank of the Philippine Islands said.
-
Online
Agile said to be marketing bonds to yield about 10.5%
Agile Property Holdings Ltd., a Hong Kong-based developer of Chinese real estate, began marketing a planned sale of $300 million of seven-year bonds, according to a person familiar with the issue.
-
Online
IPOs unravel as Aviv shelves share sale amid record low returns
Aviv REIT Inc. became the second company in less than a week to postpone its U.S. initial public offering as the busiest period for new listings in two years leaves investors with the worst returns on record.
-
Online
Service industries in U.S. probably epanded for second month
Service industries in the U.S. probably expanded in October for a second month as gains in manufacturing and housing rippled through the biggest part of the economy, a private survey may show today.