All Property Week articles in 5 August 2011 – Page 4
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Professional
Change of use proposals will impact badly on business hubs
A recent front-page article in Property Week claimed that the government’s attempts to boost the UK’s housing stock through the devolution of powers to local authorities and business-led economic partnerships would, in fact, cause a shortfall in the provision of new houses.Encouraging the building of houses makes sound economic sense ...
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Professional
Don’t get carried away on a subject-to-contract basis
The Message: Parties that jump the gun may well suffer the consequences
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News
Sirius restructure staves off attack
German flexible workspace provider Sirius Real Estate has restructured its board in response to an attack from its second-largest shareholder
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Professional
Landlords cannot claim for rogue assignees
The Court of Appeal last Wednesday dismissed an appeal in K/S Victoria Street v House of Fraser about a deal at the Beatties department store in Wolverhampton
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News
Four Stockland retail assets in receivership
Gravesend, Leighton Buzzard, Waterlooville and Rose-on-Wye malls go
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Online
Pickles asks for public property register in bid to save billions
Communities and Local Government Secretary Eric Pickles has asked public sector organisations including local councils to publish registers of all buildings and land they own in a bid to identify billions of pounds of potential savings and protect frontline services.
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Markets
Arsenal RELOADS DEVELOPMENT PIPELINE
When Antony Spencer, then partner at land agent Anthony Green Spencer, made his proposal to relocate Arsenal in 1999, he said he would deliver “more than just a stadium”
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News
Arch cubed
What better way to make quick cash from a building you are selling, and get yourself some free publicity while you are at it, than to host a pop-up restaurant on the roof?
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News
Royal heights: Saudi Arabia
Royal heights: Saudi Arabia is to become home to the world’s tallest tower
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News
Blackstone wins Valad approval
Australian property group Valad’s shareholders on Monday unanimously approved an A$806m (£537m) takeover by Blackstone
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Professional
Vexatious village green applications revealed
Government plans to combat claims used to undermine development
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Insight
Private sector funding for planning fees may not be a success for all
At a recent Property Week supper, a leading developer argued for the option to pay supplementary fees for speedy processing of planning applications to local authorities whose planning departments were understaffed and overworked. Delays of this nature, he argued, cost him significantly more than he was prepared to pay to ...
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News
Carlyle drops Alban Gate sale
Private equity firm Carlyle has pulled the £300m sale of Alban Gate in the City of London, after bids did not reach its price expectations
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Markets
Agent hope to dig up investors down under
Frasers Property will this weekend claim to be the first developer to promote a UK residential scheme to Australian investors – in Australia
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News
Hammerson rewrites retail agency script
Shake-up of advisers and fee structures across much of £2.4bn UK shopping centre portfolio
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News
Shareholders vote against Helical pay
Helical Bar last week suffered a shareholder revolt over its directors’ pay, which included a £542,000 bonus for development director Gerald Kaye
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News
Anglo Irish assets to be sold after rescue deal fails
Fund comprising UK, Irish and German properties likely to be broken up and sold separately
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Professional
People Moves: AEW Europe, CB Richard Ellis, Henderson Global Investors and more
Henderson Global Investors has hired Jasper Gilbey from Invista Real Estate Investment Management France as a fund manager for its €117m AUB French Logistics Fund, based in the Paris office.Joanna Neilson has landed a job at 19 as a trainee property manager with Cushman & Wakefield. An unemployed teenager from ...
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News
Orion’s £90m Chelsea smile
Orion Capital Managers has bought a 1 acre freehold site in the heart of Chelsea in west London out of receivership, to build a luxury residential development
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News
Rowan places Midtown’s Aldwych House under offer for £85m
Rowan Asset Management has placed Aldwych House in London’s Midtown under offer for around £85m