All Property Week articles in 7 November 2008 – Page 4
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Online
Metrovacesa and L&G agree new deal at Walbrook Square
An end to the saga over the torturous sale of the Walbrook Square site in the City of London was agreed last night after Legal & General and Metrovacesa signed a new contract with an extended payment schedule.
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Online
2009 Property Awards launched
The 1st of April 2009 sees the return of our annual Property Awards at the Grosvenor House on London's Park Lane.
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Online
Covent Garden's St Martin’s Courtyard signs first retailer
H&M’s sister brand COS (Collection of Style) has signed at Shaftesbury and The Mercers Company’s Covent Garden development.
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News
Rate cut: 53-year low, more to come
Interest rates were cut to their lowest level in 53 years yesterday with clear indications of more cuts to come, as the International Monetary Fund forecast that the British economy would suffer a downturn next year on a par with the early 1990s recession.
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News
Rate cut: Banks pull trackers
All but two UK banks snubbed government calls to pass on yesterday’s dramatic interest rate cuts to new customers and more than 20 lenders withdrew deals that would have slashed borrowers’ monthly mortgage repayments.
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News
Rate cut: Lenders defends slow actions
Mortgage lenders tried to defend their decision to withhold the Bank of England’s 1.5 percentage point interest rate cut from borrowers yesterday, in the teeth of a public and political backlash.
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News
Segro warns that worst is to come
Segro yesterday warned of a further fall in the value of its portfolio and says the slump in the commercial property market could be even worse than research suggests.
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News
15% fall in house prices
House prices in the UK plunged 15% in the year to October, Halifax said yesterday, as tighter lending continued to deter first-time buyers. Britain's biggest lender said prices fell 2.2% last month and warned conditions 'remain challenging'.
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News
Mayor scraps Livingstone transport plans
London’s mayor yesterday slashed several long-planned infrastructure schemes from the city’s transport plans, portraying the move as honest recognition that they would never be built.
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News
Rate Cut: lucky few to feel 'historic' cut
Lloyds TSB and Abbey were last night alone in promising to pass on the one and a half percentage-point cut in base rates to homeowners.
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News
'Seminars' pressure desperate owners
Some buy-to-let property courses are urging members to cash in on rising home repossessions by persuading desperate homeowners to sell and rent back their properties.
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News
Four Seasons Heathcare values dive
The value of real estate held by Four Seasons Healthcare has fallen more than a third, according to a recent assessment by Knight Frank.
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News
Bovis in writedowns
The Kent housebuilder said it will have to write down the value of its land and inventory of houses next month, after a deterioration in selling prices since August, saying it was experiencing the worst trading environment for many year.
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Online
CBRE reveals 2009 Central London retail report
The report highlighted need for new property development in central London to be implemented for Central London to continue to trade successfully into the recession and beyond.
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Markets
Return of the Saint
A striking Renzo Piano-designed scheme is spearheading plans to revive Midtown’s neglected St Giles area.
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News
RICS survey’s worst-ever results
Demand for property in the third quarter of this year fell at the fastest pace in a decade.
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Professional
Questioning their values
With the debt crisis creating a transactional void, how are valuers to determine a property’s true worth?
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Markets
Midtown mission
Property Week’s Discover Midtown conference tackled transport, branding and market conditions.
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Online
Squatters settle in Mayfair
Vincent Tchenguiz’s former headquarters at 18 Upper Grosvenor Street has been invaded by squatters.
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News
Ludgate @ Westfield London
Last week’s opening of the Westfield London shopping centre in Shepherd’s Bush was one of the biggest gatherings of famous property people after our own Property Awards.