All Property Week articles in 5 September 2008 – Page 9
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BPF questions effectiveness of £1bn housing rescue package
The British Property Federation has questioned the effectiveness of the Government’s £1bn housing measures unveiled yesterday as it said measures are only focused on home ownership.
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English Partnerships sets up brownfield regeneration forum
English Partnerships is spearheading an initiative to offer free seminars and training to encourage brownfield regeneration in the northwest UK.
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Germany tops Invista Real Estate's poll
Germany, Italy, France and the Benelux countries are the top five European property prospects while Spain, Ireland, Hungary and Portugal are looking more risky, according to Invista Real Estate Investment Management.
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Measures unlikely to lure more buyers
Gordon Brown’s efforts to kick-start the housing market are unlikely to have much effect, economists agreed.
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Scepticism over homes package
Gordon Brown yesterday began his battle to reassert his political authority with a package of measures to boost the housing market, but his initiative was immediately mired in confusion about its aim and how it would be funded.
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House builders rally on Stamp Duty move
Shares in housebuilders rallied strongly yesterday after the Government lifted the stamp duty threshold from £125,000 to £175,000 and unveiled plans to help stimulate the housing market.
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Homeowners delaying divorce due to price falls
Homeowners may despair as turmoil in the property market wipes tens of thousands off the value of their home — but new research suggests the weak economic climate is all that is keeping many couples together.
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Four Seasons agrress £1.5bn debt pause
One of the UK’s leading care home operators, Four Seasons Healthcare, has agreed a standstill with its lenders after failing to make a £1.5bn debt repayment that was due on Monday. The standstill agreement prevents creditors from foreclosing and tipping the company into administration.
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Warning to maintain IHT planning
Homeowners were warned not to neglect inheritance tax planning in the wake of reports that the Tories would raise the tax threshold to £2m.
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Spanish group nears debt deal
Colonial the Spanish property group, is moving towards agreeing a debt restructuring with its creditors that may include a future cash injection from shareholders and the sale of some assets, according to reports.
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Green issues pushed off office agenda
Environmental concerns such as energy efficiency have been pushed to the bottom of the agenda for UK companies as cost becomes increasingly crucial in the more difficult economic climate.
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Lend Lease bolsters retail team
Lend Lease has appointed Prupim’s Mark Boor to join as head of asset management.
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Senior appointments at Homes and Communities Agency
Senior figures from across local authorities, government bodies and the house-building industry have been appointed to run the government’s new Homes and Communities Agency.
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Milton resigns from Westminster to take up deputy mayor job
Sir Simon Milton, Boris Johnson’s planning advisor, has resigned as a Westminster councillor following his appointment as Boris Johnson’ deputy mayor for policy and planning.
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IVG sells its caverns into a fund
German property company IVG Immobilien is to sell its 70 cavern properties into a fund which it will manage
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Boris advisor leaves City Hall to take charge of London’s housing
David Lunts, the Greater London Authority’s executive director of policy and partnerships, has been appointed the London director of the new Homes and Communities Agency (HCA).
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Terrace Hill lets Wilton Road
Terrace Hill has let more than 22,000 sq ft at its recently completed 129 Wilton Road mixed-use development in London’s Victoria
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Ealing Council sued for not revealing Crossrail plans
Ealing Council is being sued for more than £2.5m after it failed to tell a property developer that a site it was buying was safeguarded for Crossrail
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Government unveils £1bn rescue package for ailing housing market
Gordon Brown has axed stamp duty on house purchases below £175,000 for one year as part of a raft of measures unveiled today to help kickstart the housing market
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Stonemartin disposal talks ‘well under way’
Tiny AIM-listed serviced office provider Stonemartin is in talks over a corporate deal after losing most of its business contracts in April.