All Property Week articles in 30 October 2009 – Page 4
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Bargains hunters bring fragile Dubai recovery
End-users are fuelling a fragile recovery in the emirate’s residential market, as key buyers are shifting to developments that provide both affordability and liveability, moving away from speculating on off-plan properties as a supply shock looms.
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Aussie land levies 'pricing out buyers'
Australia's federal housing minister Tanya Plibersek has warned that state governments and local councils risk pricing first-home buyers out of the market by milking the property industry for too much tax.
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Blacks Leisure announces drastic restructuring plan
Blacks Leisure, the outdoor clothing retailer, has revealed plans for a company voluntary arrangement (CVA) for its subsidiary The Outdoor Group, a debt for equity swap with its bank and the administration of Blacks Outdoor Leisure Limited.
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Chef Koffmann looks for new restaurant site
French chef Pierre Koffmann is set to open a new restaurant in London in London’s West End.
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Hester hits out at Brussels over forced sales
Royal Bank of Scotland on Tuesday criticised the agreement it has been forced to make with regulators in Brussels as part of the three-way deal to insure the bank’s toxic assets.
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Land Securities ends new development stalemate
Land Securities, Britain’s biggest property developer, has indicated its fresh confidence in the market by setting aside £200 million for two big developments in London next year.
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Marmite pops up on Regent Street
A Marmite pop up shop will open tomorrow at 82 Regent Street in London.
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Countrywide adds auctions dates due to increased demand
Countrywide Property Auctions to added three auction dates to its sale diary in response to the rise in demand from private buyers in the auction room.
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Braemar fund makes its first ground rents investments
AIM-listed Braemar Group’s Guernsey listed Ground Rents Open Ended Investment Company (OEIC) has made its first two ground rents investments.
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View the plans for the New Covent Garden Market site
Covent Garden Market Authority (CGMA) has today revealed plans for the redevelopment of its 56-acre site in the Nine Elms district of London.
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New Covent Garden Market plans revealed
The owner of the New Covent Garden food and flower market in south London has unveiled plans for the redevelopment of its 57 acre market
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M&S gets green light for second largest store in UK
Marks & Spencer has got the go-ahead for a £60m store in the north-west, its largest investment outside London in the past decade.
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Reading launches inward investment study
Inward investment agency, Reading UK CIC and local agent Hicks Baker have launched a development and investment report for Reading.
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Rockspring and Koreans buy two London offices for £268m
Rockspring Property Investment Managers has completed the purchase of two large Central London office properties for a combined £268m on behalf of the National Pension Service Central London Property Limited Partnership fund.
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Law firm to open Manchester office
Law firm Barlow Lyde & Gilbert has opened its first office in the north of England in Manchester city centre.
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Irish property market starting to improve says CB Richard Ellis
Some sectors of the Irish property market are starting to show signs of increased transaction volumes after an extremely difficult year, according to CB Richard Ellis.
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Banks get new lending rules
Federal bank regulators issued guidelines allowing banks to keep loans on their books as 'performing' even if the value of the underlying properties have fallen below the loan amount.
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CIT Group files for bankruptcy
CIT Group, the 101-year-old commercial lender that saw its funding dry up in the credit crunch, filed for bankruptcy in an effort to cut $10bn in debt following a failed debt exchange and US taxpayer bailout.
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Shanghai builders up on Disney rumour
Shanghai Lujiazui Finance & Trade Zone Development and other local developers rose after a report China approved a planned Walt Disney theme park for the city and the mayor said an announcement may come this week.
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Gulf property sector wages fall by a third
Salaries in the country’s property sector have fallen by an average of 30 per cent, pulled down by a struggling commercial and residential market in Dubai, according to a survey by the recruitment consultancy Kershaw Leonard.