All Property Week articles in 5 October 2007 – Page 9
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Spring nets Aston Martin site for resi
Spring, the urban regeneration arm of Castlemore Securities, has bought a former Aston Martin factory in Buckinghamshire for a £50m residential development.
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Sainsburys confirms King's Cross move
Sainsbury’s has confirmed that it will relocate its London Holborn headquarters to premises in King’s Cross, as revealed by propertyweek.com at 7am this morning.
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Pru and Berkeley plan Green Park homes
A Prudential/Berkeley joint venture has submitted a planning application for a 60-acre village near Reading.
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CBRE Investors Newcastle buy
CBRE Investors has bought a £25.3m office and industrial development in Newcastle.
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$12.5bn Indian township contract
Indian property group DLF said that it has won a contract for a township development project from the Karnataka government. The Times
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Green goes solo with Topshop in US
Sir Philip Green is expand Topshop in the US without the help of a partner. The Times. The Daily Telegraph
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BAA threatens to cut London airport investment
BAA faces further financial penalties unless it tackles ‘unacceptable delays to passengers, crew and flights’, the Competition Commission warned yesterday. The Times. Financial Times. The Guardian. The Daily Telegraph
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Lookers buys Dutton Forshaw for £60m
Lookers is buying the Dutton Forshaw chain of 31 dealerships from Lloyds TSB for £60m. Financial Times
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Indonesia plans world’s longest bridge
Indonesia yesterday gave the initial go-ahead for the world’s longest road and railway suspension bridge. Financial Times
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Values to fall 5% for next two years
The RICS cast further gloom over the outlook for commercial property, predicting a 5% fall in prices this year and next. Financial Times
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Cadbury to close Bristol factory
Cadbury Schweppes is shut its Somerdale factory in Keynsham, near Bristol, by 2010, and shift much of its manufacturing to Poland. The Times. The Independent. Financial Times. The Guardian. The Daily Telegraph
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Call to scrap investor tax break
Buy-to-let property investors would lose a £1.9bn tax break under a proposal by the Institute of Directors to shake up the tax regime on savings. Financial Times
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Russians prepare to float $50bn of property
Private property groups in Russia with assets of up to $50bn are preparing to float within the next year, bankers and brokers report. Financial Times
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Disney to bring small world to Hawaii
Walt Disney has bought a parcel of beachfront land in Hawaii to develop a hotel resort. Financial Times
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Sainsbury's heads to King's Cross
Supermarket giant Sainsbury’s is to relocate its London Holborn headquarters to one of Britain’s most important regeneration projects at King’s Cross.
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Bill Hughes takes Legal & General job
Bill Hughes has been appointed as the new head of property at Legal & General.
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Virgin Money stalls in Edinburgh
Richard Branson’s Virgin Money has ‘paused for breath’ over its expansion into Edinburgh because of the impact of the credit crunch.
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Prime London houses suffer from credit crunch
The credit crunch has taken its toll on prime central London housing after annual growth levels fell in the third quarter – the first quarterly slow down in two years, according to Savills.
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LandSecs confirms letting at One New Change
Land Securities has confirmed it has secured its first tenant at its £500m One New Change scheme in the City of London.
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Cluttons buys West Sussex agent
Cluttons has bought niche West Sussex agent Tod Miller Thomas