All articles by Aditi Shah – Page 14
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News
The ING reformation
The world’s largest fund manager, ING Real Estate, is struggling and has been forced to streamline its activities
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Online
There will be no super-hubs, says Boris
Mayor of London Boris Johnson said there will be 'no super-hubs', at the Property Week Outer London Summit.
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Online
Prologis European Properties extends Spanish electric lease
Prologis European Properties (PEPR), the largest pan-European owner of distribution and logistics facilities, has extended the lease on a 302,468 sq ft unit in Spain let to Schneider Electric.
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Online
XXI Century sells Ukraine stakes
AIM-listed property company XXI Century Investments has sold its stake in four projects in Ukraine for $8.6m.
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Online
House prices up after three months of decline
Halifax recorded a first time increase in house prices in May after three successive months of decline.
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Online
UK commercial property £50bn in the red
The UK commercial property industry is in negative equity to the tune of £50bn, according to a Savills banking expert.
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Online
First Property Group to launch UK property fund
First Property Group, the AIM-listed fund manager, said it is considering the launch of a UK property fund in excess of £100m by the end of the year.
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Online
Bulgarian Land starts 1m sq ft Black Sea scheme
AIM-listed property company, Bulgarian Land Development said it has raised sufficient finance to begin work on the first phase of July Morning, its 1m sq ft seaside development in Karvana along the Black Sea coast.
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Online
Blacks suffers £14.4m loss
Blacks Leisure Group suffered a pre-tax loss of £14.4m for the year end 28 February 2009 compared to a loss of £9.3m the previous year.
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Online
First images of £10m Slough bus station
Images of a £10m bus station in Slough, part of the £400m Heart of Slough regeneration scheme, have been released.
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Markets
Gatwick spreads wings...
The new owner will be decided any day now – and a new runway is on the cards
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Markets
Occupier exits Sussex in search for home
Crawley’s Aerotron buys Surrey freehold site because of lack of availability
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Markets
Crawley gains from wait
Retail landlords are benefiting from the delay in Grosvenor’s town centre revamp
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Markets
...as Crawley's are clipped
Gatwick’s neighbour has a shortage in freehold space for owner-occupiers
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Online
Degi sells Seoul office
Degi International, one of Germany’s largest property funds, has sold a 161,460 sq ft office tower in Seoul for E39m.
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Online
Aberdeen Property Investors wins €1.4bn management tender
Aberdeen Property Investors has won a tender to manage assets worth €1.4 billion for insurance company Gamla SEB Trygg Liv, a part of Sweden’s SEB bank.
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Online
Coastal Innovation gets planning for Hastings wind turbine
Developer Coastal Innovation has received planning consent from Hastings Borough Council for a two megawatt wind turbine in Queensway South.
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Professional
Occupational hazard
With 2.2 million people unemployed and growing social unrest, employers and landlords can find their property targeted by protestors
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Online
Birthdays retail chain goes into administration
Clinton Cards has placed Birthdays into administration after it said it could not continue to support the loss-making subsidiary which had ‘little prospect of generating a profit in the near future’.
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Online
Southbank rents fall furthest in EA Shaw report
Rents in Midtown, Soho & Southbank fell an average of 11% in the first quarter of 2009 compared to the last quarter of 2008, EA Shaw's office report has said.