All Property Week articles in 5 September 2008
View all stories from this issue.
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OnlineDeramore submits plans for Edinburgh’s Princes Street
Northern-Irish property developer Deramore has submitted a planning application for a hotel and new shops on Edinburgh’s Princes Street.
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NewsMadonna and the super-rich hit by falling house prices
Prices for prime central London residential property dropped by 1.3% in August, the fourth consecutive month of price falls - meaning prime central London property suffered negative annnual growth for first time since 2003
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News
One in five mortgages 'head for negative equity'
Britain's banks may have to write off £38bn of mortgage debt as plunging house prices send almost a fifth of the home loans on their books into negative equity, according to leading City analysts.
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News
US government takes control of mortgage firms
The US Government took control of Freddie Mac and Fannie Mae, the stricken companies that underpin America’s mortgage market, yesterday and promised to inject up to £110bn of taxpayers’ money to keep them afloat.
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News
Germans swoop £500m City raids
German investment funds have swooped to buy over £500m of properties in the Square Mile. In the worst market for commercial property for at least 15 years, German institutions have used the Euro's strength and a dearth of competition to place under offer a string of buildings.
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News
Stamp duty waiver entice buy-to-let landlords back
Sharp property price falls and an unexpected stamp duty holiday could entice professional buy-to-let landlords back into the lower end of the housing market over the next few months.
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News
House builders 'in denial' over new house prices
House builders are still increasing prices despite complaining of falling sales and seeking government aid.
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News
Qataris set to end Candy partnership
The Qatari ruling family is considering terminating its business partnership with Candy & Candy, the luxury designers, on the £1bn development of Chelsea Barracks.
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News
Builders to write off £300m on as prices fall
House builders Barratt and Redrow are expected to report that plunging land prices and a market in freefall have wiped more than £300m from their portfolios.
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News
Analysts to grill Barratt over results
The City will give Mark Clare, chief executive of Barratt Developments, an intense grilling when he unveils full-year results for the beleaguered house builder this week.
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News
Mayor seeks business input on London ‘livability’
Top business leaders will discuss London’s 'livability' next month, at the first meeting of a committee set up by Boris Johnson that is aimed at 'securing the capital’s position as a top capital city'.
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News
Livingstones award themselves £230m dividend
Ian and Richard Livingstone have banked £230m after granting themselves one of the largest dividends in British corporate history.
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News
Nationwide kicks off consolidation
Nationwide is expected to announce that it is taking over two smaller rivals in a deal that will value the building society at £191bn.
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OnlineKing Sturge Global Industrial & Office Rents Survey
Heathrow is still the world’s most expensive location for industrial property and London’s West End remains the dearest for office occupiers, despite the problems in the UK market, according to King Sturge’s latest research.
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OnlineBack-dated business rates 'could lead to exodus from UK ports'
Occupiers in the Port of Hull have warned the Government that implementing back-dated payment of three and a half years business rates could lead to an exodus from UK ports.
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OnlineRegeneration chief Ryder resigns from ISIS
ISIS Waterside Regeneration boss Mark Ryder has resigned as the business ‘streamlines’ in the difficult economic conditions.
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ProfessionalLondon Residential goes green with low emission cars
Estate agent opts for five Fiat 500 low emission compact cars for sales staff
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Online
Dunedin industrial fund ‘urgently’ needs short-term capital
Dunedin’s huge industrial property portfolio is in severe cashflow difficulties.
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OnlineHistoric banking hall to host Liverpool Biennial exhibition
A vacant Grade II listed banking hall at Martins Bank Building in Liverpool is to host a major artwork installation during the Liverpool Biennial this year.
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Online
London Town pub group appoints chief executive officer
London Town, the AIM-listed pub company backed by property entrepreneurs Jack Petchey and the Richardsons, has appointed Billy Buchanan to a joint role of chief executive officer and financial officer.
