All articles by David Doyle – Page 8
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UK & European buys Farringdon office
UK European Investments has exchanged contracts to buy The Smithfield Building in London’s Farringdon for around £7.5m.
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Malkin's Value Retail secures Spanish outlet debt
Scott Malkin’s Value Retail has secured €120m in loans to refinance a luxury outlet village in Spain.
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Treasury wins High Court battle against NAMA
Treasury Holdings has won a High Court battle against Ireland’s National Asset Management Agency (NAMA), allowing it to challenge the agency’s decision to appoint receivers to some of its property portfolio.
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ECOBUILD: Cost of carbon zero is too high, says Barratt chief
Building sustainable homes is still too expensive, Mark Clare, chief executive of Barratt Homes, has said at the EcoBuild conference.
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ECOBUILD: Property needs to "up the pace" to hit carbon targets says Salway
Different levels of business rates should be introduced to encourage the property industry to hit ambitious carbon reduction targets, outgoing Land Securities chief executive Francis Salway has said.
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Next pledges faith in retail property and plans new stores
Fashion brand Next plans to open around 300,000 sq ft of shops this year, and said it was confident in the future of the shop properties, working alongside online retailing.
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BUDGET BULLETIN: The impact on property explained
Join Property Week’s Giles Barrie and Patrick Gower as they explore the key points affecting the property sector from today’s Budget announcement.
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BUDGET 2012: The industry responds
A selection of expert reactions to the key Budget issues that will have an impact on the property industry.
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ECOBUILD: "The writing's on the wall for the property industry" says Wyatt
“The writing is on the wall for the property industry”, Quintain chief executive Adrian Wyatt has warned, unless it adapts to the sustainability demands of occupiers.
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ECOBUILD: Heathrow extension is the "economic and environmental" answer says Wyatt
Adrian Wyatt, chief executive of regeneration specialist Quintain, said today that a proposed third runway at Heathrow was the “green” answer to London’s problem of aviation capacity.
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Mortgage lending up 14% year-on-year
Mortgage lending stayed steady in February ahead of the end of the Stamp Duty concession at the end of this week.
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UK Commercial Property Trust suffers 1.9% NAV decline
UK Commercial Property Trust suffered a 1.9% decline in net asset value in 2011, but said it would look to take advantage of the demand for prime “passive” properties.
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Tamar suffers 8.7% NAV fall
Net asset value at the Tamar European Industrial Fund fell by 8.7%, primarily due to portfolio valuation declines and currency exchange movements.
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Tristan Capital Partners buys in Frankfurt
Tristan Capital Partners has bought two Frankfurt office buildings for €90m.
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Corporate takeovers to be key theme of 2012, JP Morgan says
Corporate takeovers in the listed sector will be a key theme of the year, JP Morgan said today, with Big Yellow, Helical Bar, Hammerson, Metric and Workspace being prime candidates.
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Barclays and RBS refinance St Pancras hotel
Barclays and Royal Bank of Scotland have re-financed the St Pancras Renaissance Hotel in London’s King’s Cross
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Insurance group plans £30m UKCPT share sale
Insurance group Phoenix Life is planning to sell £30m of shares in UK Commercial Property Trust – totalling 3.6% of the company.
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Major casino scheme at Birmingham's NEC secures approval in principle
Plans for a 500,000 sq ft leisure scheme at the National Exhibition Centre in Birmingham have been granted approval in principle.
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Sinn Féin tables legislation to end upward-only rents
Irish republican party Sinn Féin has tabled legislation to end upward-only rent clauses in existing leases - labelling the practice “anti-competitive and anti-jobs”.
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Savills enjoys 9% profit growth, despite Europe languishing
Savills today reported a 9% increase in pretax profit in 2011, off the back of continued strength in Asia and London offset by the ongoing economic difficulties in continental Europe.