All Property Week articles in 31 October 2008 – Page 7
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Professional
Climate Change Capital revs up £50m green machine
Sustainable property investment vehicle successfully reaches its first close target
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News
Size 8 lease for Number 35
The Wellcome Trust has signed upmarket London-based womenswear brand Number 35 for open a 409 sq ft store at 46 Fulham Road.
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News
Kuwait bids adieu to £280m Hammerson sale
St Martins withdraws from Paris investment as emirate struggles to bail out banking sector
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Online
Failed card group to pay no rent until 2009
Kroll, administrator to 200-store Celebrations Group, writes to landlords
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Online
Citygrove secures €20m loan
Citygrove has secured a €20m (£16m) loan from Banco de Andalucia, part of Grupo Banco Popular, to complete the site purchase for a retail development in the Spanish port city of Algeciras.
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Markets
Will retailers follow John Lewis to St David’s 2?
St David’s 2 will bring John Lewis to Wales for the first time, but will other occupiers sign in the face of high rents and recession?
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News
Two let at 2 St Paul’s Place
CTP St James and Standard Life Investments have appointed Atisreal and Knight Frank as joint letting agents on the 66,000 sq ft 2 St Paul’s Place in Sheffield.
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Online
David McLean hits rocks with £100m of debts
North-west housebuilder and developer files for administration
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News
City view - 31.10.2008
There is precious little good news in the market, but, like Asterix’s small village, which was the only part of Gaul to resist Julius Caesar’s conquering army, one type of property is defying the downturn.
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News
Office for Government Commerce to eke up to £1.5bn out of property
The Office for Government Commerce (OGC) is to seek savings of up to £1.5bn from the running costs of the civil estate by 2013 and move 20,000 jobs out of London and the south-east by 2010.
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Online
Invista weighs up future of £1bn assets
Fund manager set for action as buyers’ and sellers’ expectations meet
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Online
Goodman’s A$1.5bn recovery position
Troubled Oz group pins hopes on disposals, rights issues and Asian focus
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Professional
Case news: Finn-Kelcey v Milton Keynes Council (10.10.08) and Persimmon Homes v Hall Aggregates (10.10.08)
Warren Gordon reports on an unsuccessful challenge to the construction of a wind farm, while Jonathan Ross highlights the importance of examining the terms of a sale agreement
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Markets
Ashtenne sells at 8.08%
A private client of Alder King has paid Ashtenne Industrial Fund £1.435m for the Aberaman Industrial Estate, Aberdare.
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Online
100,000 people flock to Westfield London today
It opened at 8am, and by 5pm, 100 thousand had arrived.
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Online
Four Seasons extends debt deadline
Four Seasons Health Care has been granted a 12 month extension to a standstill agreement over the restructuring of its £1.5bn debt.