All Property Week articles in Global Russia October 2008 – Page 4
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News
World's 'most northernly castle' up for grabs at offers over £2.7million
Balfour Castle on the Orkney isle of Shipinsay is being offered through Savills Edinburgh
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Online
Yorkshire Forward plans £48m Leeds scheme
Yorkshire Forward has submitted plans for a £48m mixed-use scheme on the banks of the river Aire.
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News
House prices fall at fastest rate for 16 years
House prices in England and Wales are falling at their fastest rate since 1992, with the screech of brakes loudest in the capital as the market slams into reverse, according to the FT House Price Index.
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Online
Argo Real Estate refinances Romanian shopping centre
AIM-Listed Argo Real Estate has refinanced a loan with Europe’s Alpha Bank in a deal which it said will allow it to progress further developments.
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News
Colonial agrees €7bn debt restructuring
One of Spain’s largest property groups is expected to unveil a debt restructuring under which creditors could end up owning equity, and assets would be sold in an attempt to keep it out of administration.
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News
JP Morgan to sign for £1.5bn Canary Wharf HQ
The chief executive of JP Morgan, Jamie Dimon, is close to confirming a new headquarters in London’s Canary Wharf.
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Online
Laxey ups its stake in Italy’s Spazio
Activist investor Laxey Partners increased its stake in Spazio Investments, the Italian industrial property investor from 15.73% to 20.45%.
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Online
CBRE buys in Belgium
CB Richard Ellis has bolstered its European retail team with the purchase of C&T Retail, the Belgium-based tenant representation firm.
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Online
Summit Germany agrees letting with Berlin hospital
AIM-listed German investor Summit Germany has reduced the vacancy level at its Osram House office in Berlin with a large letting to the Berlin State Hospital.
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Online
Capital & Regional sees further falls in fund values
Capital & Regional, the co-investing retail and leisure property fund manager, suffered further portfolio value falls in August.
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Online
Eco-town protest heads for courts
Campaigners against a new wave of 'eco-towns' are to take their case to the High Court after a judicial review ruled in their favour.
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Online
Birmingham office scheme cuts rent to attract tenants
Rents at a Birmingham office development on Newhall Street have been cut from £28/sq ft to £25/sq ft to attract an occupier.
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Online
St Modwen's green light in Stoke-on-Trent
St Modwen has received planning permission for the development of six retail units at its Norton Park District Centre in Stoke-on-Trent.
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Online
Carlyle promotes French duo
Carlyle Europe Real Estate has appointed Agnès Riban and Oliver Petreschi as co-heads of acquisitions for France.
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Online
Barker Brettell to expand office in Birmingham’s Western Gateway
Birmingham’s Western Gateway will undergo a major development later this year after property firm Barker Brettell LLP agreed to consolidate its existing offices on the Calthorpe estate to one single location.
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Online
Humberts starts international expansion in the Middle East
UK property advisor Humberts is to open its first international offices in Dubai and Abu Dhabi.
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Online
Spanish REITs to be introduced
Spain’s government has turned to Real Estate Investment Trusts (REITs) in a bid to save its faltering property market.
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Online
Town Centre Securities sees 7% fall in net asset value
Town Centre Securities, the Leeds based property and development company, has been hit by a 7% fall in net asset value after writing down its property portfolio by 15.7% to £450m.
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OnlineM&S signs up at Preston’s Tithebarn scheme
Grosvenor and Lend Lease have signed Marks & Spencer at their Preston Tithebarn scheme.
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Online
Former Irish PM Bertie Ahern appointed to board of Irish property company
Ireland’s former prime minister Bertie Ahern has been appointed to an advisory board of major Irish company Parker Green International.
