All Property Week articles in 8 July 2011 – Page 3
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NewsCitygrove’s party runs to the letter
How do you ensure that property’s great and good come to your summer party, when schedules are stuffed with champagne-quaffing, canapé-munching soirées?
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InsightDevelopment takes a long nap in ‘the city that never sleeps’
Around 700-odd construction sites in New York City remain “stalled” as counted by the Department of Buildings
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News
Siskind exit sparks change at Goldman
Head of real estate investment retiring, funds to focus on US and Europe
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MarketsHomes in the castle
Meteor Asset Management has won planning permission from Perth and Kinross Council to develop up to 25 luxury homes on the grounds of the 1552-built Taymouth Castle. Restoration is already under way to turn one wing into a luxury boutique hotel, due to be ready by late 2012.
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Cordea Savills student fund buys in Edinburgh
Cordea Savills has rebalanced its £150m Student Hall Fund and fulfilled its stated strategy of investing in a capital city with the purchase of a development site in Edinburgh
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MarketsExpansion on horizon as ink dries on Officers Club buyout
Cheap and cheerful menswear outlet has defied conventional wisdom to resist high street despair
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InsightTackling ‘staggering’ business rates will revive our high streets
Town centres are the lifeblood of our communities and the businesses operating from them are fundamental to sustainable economic growth and social progress
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MarketsRock progresses in Bury
The Rock in Bury will be a year old on 16 July, but its impact on the town is yet to be felt, centre manager David Laycock admits
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News
Spickernell brothers fly to Wrenbridge
Wrenbridge has hired Ben and Tom Spickernell to expand its Midlands business
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NewsGuardian hopes to make it on Broadway
The Guardian is close to signing a 9,000 sq ft lease at Thor Equities’ 536 Broadway in New York, as UK newspapers take space near each other, creating a “mini-Fleet Street”
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Pirc challenges British Land pay
Shareholder research and advisory group Pirc has recommended shareholders in British Land to reject its remuneration report at the annual meeting next Friday
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NewsCrown’s Bright outlook: Roger Bright on his ten years in charge
Roger Bright will leave the Crown Estate on a high after the best set of annual results in his 10 years at the helm
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Lloyds’ leading lady opens her cheque book
Lynda Shillaw pledges to lend £1bn a year for the foreseeable future
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NewsBlue skies coming
Construction work at the Co-operative Group’s new headquarters building in Manchester city centre is well under way
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Earthquake fails to deter Japan bidders
Bidders were this week lining up for the biggest Japanese property sale since 2007
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Professional
Bankers meet young entrepreneurs at London gathering
Money could flow from property bankers to investors as a consequence of a reception on 30 June for the Association of Property Bankers (APB) and Young Entrepreneurs in Property, where relationships were formed between investors and lenders of the future
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Irish upward-only rents ban looms
The Irish government’s plan to ban upward-only rent reviews and implement a retrospective downward rent review was understood to have moved a step closer this week, after the details of the bill were put before the cabinet
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InsightCalculating landlords’ losses when retailers bail out
The recent spate of administrations in the UK high street could wipe out up to £393m of rent payments to UK landlords over the course of their leases
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InsightWhy pension funds are now warming to infrastructure’s attractions
Most sizeable pension funds see property as a natural part of the investment portfolio. But infrastructure – a more hybrid investment with some property-type characteristics – is another matter
