All Property Week articles in 9 April 2010 – Page 4
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Demands on housing associations up by half
The number of people seeking official help to step on to the first rung of the housing ladder is soaring, according to regional housing associations that administer government programmes to make home ownership possible.
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Novartis and Roche threaten to quit UK
The pharmaceutical firms Novartis and Roche have threatened to pull out of Britain and relocate thousands of jobs abroad, in an ongoing row over pricing for the NHS and rules surrounding safety trials.
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Ineos moving headquarters to Switzerland to cut tax bill
Debt-laden chemicals group Ineos has confirmed it is going ahead with plans to move its headquarters from the UK to Switzerland in the hope of saving £100m a year in tax.
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Former Baugur boss Jon Ásgeir Jóhannesson sued for £30m by collapsed Iceland bank Glitnir
Jon Ásgeir Jóhannesson, the retail tycoon, is being sued by a collapsed Icelandic bank in a 6bn kronur (£30m) lawsuit over claims that he used his influence as a major shareholder to secure a personal loan.
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Prince of Wales in row after 'allowing supermarket on his Cornish estate'
The Prince of Wales has become embroiled in a row with locals after granting permission to build a supermarket on his Cornish estate.
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Bidders line up for Drapers Garden
A number of parties are lining up to make a bid to buy Drapers Garden in the City of London.
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Portman Estate’s plans for Edgware Road approved
Westminster City Council has granted planning permission for the Portman Estate to develop three sites near the Edgware Road, including a landmark building of more than 100,000 sq ft.
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Forest of Dean development plans get green light
Forest of Dean District Council has given MMC Developments the go-ahead for a major mixed-use scheme near Lydney.
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“Wastefield” Bradford to become green oasis
Work to develop a temporary park on the stalled site of a £320m shopping centre development in Bradford owned by Westfield is due to begin on Monday.
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Covent Garden signs up another coffee shop
Capital Counties’s Covent Garden area in central London has signed gourmet coffee brand Andronicas which will open in its Market Building.
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Barrie blogs on Election Week One
What should property make of the first week of the election campaign? Firstly, that the industry is going to play a bigger part than usual in the big debate.
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Mountain Capital puts Portman Hotel on the market
Mountain Capital has hired CB Richard Ellis Hotels to sell its Portman Hotel in London’s West End.
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English Heritage backs Battersea redevelopment
English Heritage has pledged support for the£5.5bn redevelopment of South London’s Battersea Power Station.
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Emaar MGF targets India fund raising
Emaar MGF Land revived plans to sell shares in India for the first time, leading Rh182bn rupees ($4bn) of property offers at a time rising interest rates are deterring homebuyers.
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Dubai World plan 'manageable' for UAE banks says Moody's
The impact of conglomerate Dubai World's restructuring plan is expected to be "manageable" for United Arab Emirates banks, Moody's ratings agency said on Thursday.
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Property prices in Shanghai tipped to drop
Shanghai's property prices may fall as much as 10% this year as the government prepares to roll out tightening measures to cool the overheated market, according to consultancy Colliers International.
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LVMH checking into the hotel business
The world's largest luxury-goods company, home to brands such as the Louis Vuitton fashion house and champagne maker Veuve Clicquot, said it will develop resorts using the name of its Bordeaux winery, Cheval Blanc.
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Deyaar chief Giebel replaced
Markus Giebel has been replaced as the chief executive of Deyaar Development, Dubai’s second-largest property developer, as part of a major management reshuffle that is expected to see the departure of other top executives.
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Starbucks Oz withdrawal opens door fo new players
With Starbucks’s operations across Australia reduced to a fraction of their peak, one Malaysian entrepreneur is looking to fill the gap, starting with Melbourne’s café society.
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Citi bosses defend roles in crunch
Charles Prince and Robert Rubin defended themselves against claims by members of a panel investigating Citigroup’s $45bn bailout that they should have known the bank’s investments in mortgage bonds were headed for collapse.