All Property Week articles in 6 July 2007 – Page 2
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News
Redrow slams council planners
Local authorities are restricting the availability of affordable housing on the open market, according to Neil Fitzsimmons, chief executive of Redrow. Daily Telegraph. The Times. Financial Times
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News
British Land begins share buyback
British Land has begun a £250m share buyback over the next 12 months in an attempt to bolster its share price. Daily Telegraph
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News
Uniqlo owner battles for Barneys
Fast Retailing, the Japanese owner of high street clothing retailer Uniqlo, is offering $900m (£450m) for the upmarket US retail chain Barneys New York, topping a bid from Istithmar, a Dubai private equity firm. The Times. The Telegraph. Financial Times
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News
Marfin’s €5.19bn buyout fundraising
Marfin, the private equity division of Marfin Popular Bank, will today unveil the price of Europe’s biggest share issue this year, raising €5.19bn (£3.5bn) for buyouts. The Times
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News
Spanish group pounces for British hotels
Barceló Hotels & Resorts, the Spanish hotel company, is in advanced talks to take over a clutch of some of Britain’s best-known provincial hotels, including the Lygon Arms, in the Cotswolds, and the Imperial, in Torquay. The Times
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News
Kwik Save crashes into administration
Kwik Save is to go into administration at midday with the loss of 1,100 jobs and 90 stores after a High Court judge approved a partial rescue plan. The Times. Daily Telegraph. The Independent. Financial Times. The Guardian
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News
Port of Belfast’s £630m expansion plan
The Port of Belfast’s £630m 20-year expansion project was unveiled yesterday. The Independent
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News
Costa coffee brews Balkan tie-up
Whitbread’s Costa coffee chain has signed a franchise deal with Serbian retailing group Delta to open 100 stores in the Balkans over the next five years. The Times
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Insight
Sir, Void rates
Sir, Void rates will create hardship on genuine landlords who, for no reason of their own, find their property vacant for more than three months.
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NewsSilly Piper
Kenmore chairman John Kennedy may have made oodles of money from property and have a fabulous house outside Edinburgh, but he has Van Gogh’s ear for music.
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News
UBS wins Tower revamp nod
The UBS Triton Property Fund with Chester Properties has got the go-ahead for a £25m refurbishment of its 95,000 sq ft Tower Centre in Hoddesdon, Hertfordshire.
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InsightWhat next for the shard?
A project run by a dysfunctional trio arguing over the spoils or a happy band of visionaries keen to develop Europe’s tallest tower?
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ProfessionalPlucked from the nest
Hedge funds and accountants are luring property graduates with big pay packets and prospects. In the latest in our series for younger readers, Mike Phillips asks: can property compete?
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News
The Mayor of Riyadh
The Mayor of Riyadh this week appointed British architect Barton Willmore to masterplan a 392 acre Botanical Gardens scheme in Riyadh, Saudi Arabia. King Abdullah International Gardens is scheduled to reach completion by 2010. It will be funded by local businesses and individuals from Riyadh.
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MarketsMargram pumps up Tank & Rast retail …
Retail specialist to assist roll-out of four trial petrol stations in Germany
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News
Lots to watch
The Allsop commercial auction will take place at the Berkeley, Wilton Place, London SW1, on 10 July. Lot 7 HSBC , 1 Regina Road, Southall A bank sale and leaseback in an area popular with many regular investors. This lot could be an interesting barometer for the market since ...
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News
Segro swaps with L&G
Segro has sold an industrial portfolio for £103m to Legal & General, and has purchased the Airlinks Trading Estate near Heathrow airport from L&G for £31m.
