All Property Week articles in Global July 2009 – Page 2
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Starwood Capital buys Golden Tulip
Starwood Capital is to buy Swiss-based hotel group Golden Tulip, which filed for bankruptcy earlier this year.
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HIH buys London scheme
HIH Global Invest has confirmed its £42.6m purchase of the Friary Court office building in the City of London
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Invesco buys in Paris
Société Foncière Lyonnaise has sold an office building at 5 Rue Alfred De Vigny in Paris to Invesco Real Estate for €28m (£23.8m), excluding costs
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Westimmo issues bond
Westdeutsche Immobilien Bank has placed a €500m (£425m) mortgage pfandbrief on the capital market.
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Tiger bites into Latvia
Tiger Developments has been given the go-ahead for the 1.4m sq ft (128,000 sq m) Langas Logistics Park on the outskirts of Riga, Latvia
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My Big Move: Ian Worboys
Ian Worboys left Panattoni for a new life in the Czech Republic as CEO of Pinnacle Real Estate. He talks to Lucy Scott about the company’s plans for growth and about life among Prague’s expat property community
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BARRY GILBERTSON: ‘To have and to hold’ is best policy for distressed property owners
As a panellist at a recent conference, I was asked why PricewaterhouseCoopers was not selling more of the properties on which it had been appointed as administrator or receiver
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Kicked in the Baltics
Property values in the Baltic states have fallen of a cliff, and the countries’ artificially inflated currencies may suffer a similar fate, says BH2’s Samir Patel
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Grosvenor’s Newsum appointed as ULI’s first non-American chairman
Former Grosvenor CEO Jeremy Newsum has been appointed as chairman of the Urban Land Institute, becoming the first person from outside the US to chair the not-for-profit organisation.
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STEVE CUOZZO: Miami’s vice is a microcosm of America’s property bubble
The enormity of the US property meltdown strikes you in Miami as it does nowhere else. There might be more unsold homes in southern California and Las Vegas, but the debacle looks worse in south Florida for a simple reason: the tens of thousands of new units concentrated in clusters ...
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Ikea halts Russian expansion after claiming it was ‘cheated’
Ikea has suspended its Russian expansion, following claims by its founder Ingvar Kamprad that the Swedish home furnishings group had been ‘cheated’ out of money
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Afirma agrees refinancing
Spain’s Afirma has reached a preliminary agreement to refinance its debt
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NY tycoon Aby Rosen faces foreclosure on Manhattan hotel site
ING and Swedbank launch proceedings at $144m scheme on Lexington Avenue
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Helios SinoGulf makes Middle East debut in Abu Dhabi
Joint venture signs agreement to develop Al Ain business and logistics park
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CBRE raises $575m to pay down debt
CB Richard Ellis raised $575m (£349m) in June through initiatives to help it repay short-term debt
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Conference calls: July 2009
The message from Henderson Global Investors’ seminar was that the argument for a diversified global portfolio is stronger than ever before.
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The quoted sector: July 2009
Quotes from RBS Chairman Philip Hampton and Igor Levit, CEO of LSR.
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Global Q+A: July 2009
Q+A with Roger Mann of DHL Real Estate and Guy Frampton of CB Richard Ellis
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Extended stay in chapter 11
Extended Stay has filed for chapter 11 bankruptcy protection, citing $7.6bn (£4.6bn) in liabilities and $7.1bn (£4.3bn) in assets
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