All articles by Nick Duxbury – Page 6
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Online
Government doubles council housing cash
The government has almost doubled its investment in building new council housing in what it has labelled the largest spending in the sector “for at least two decades”, in a sign of Labour setting out its priorities compared to the Conservatives ahead of the election.
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OnlineHughes launches new company as Helios restructures
International sheds developer Helios Properties has carried out a restructuring which will see its co-founder, Mike Hughes, depart to set up a new business.
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News
Heavyweights lobby Tories on planning
Land Securities, Segro, Countryside and Places for People warn of risky proposals
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ProfessionalAuctions: Singer Vielle composes hit online sale tune
The traditional auction may be extinct in a few years if the London agency’s new internet technology takes hold
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Insight
What to know: Planning Policy Statement 4
Last week, the government published its long-awaited PPS4
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OnlineThornfield arm in administration
Thornfield Ventures Limited, a holding company of HBOS backed developer Thornfield Properties, has been placed into administration.
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Online
Colliers International merges to become the third largest property services firm in the world
FirstService Real Estate Advisors, which bought a major stake in Colliers CRE in the autumn, has merged with Colliers International to become the world’s third largest property services firm.
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Online
Mayfair Capital buys three properties for its charities fund
Mayfair Capital Investment Management has bought three properties for a total of £10.3m for its Property Income Trust for Charities (PITCH).
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Online
ProLogis lets 237,000 sq ft at Midpoint to recycling company
ProLogis has signed waste management company Biffa to its 237,000 sq ft shed at Midpoint Park near Birmingham.
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Online
DP World to list on London Stock Exchange
DP World, the ports operator and developer subsidiary of debt-stricken Dubai World, is to list on the London Stock Exchange as well as its current listing on the Nasdaq Dubai.
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Online
Dublin Airport Authority carries out Ireland’s biggest letting of 2009
Dublin Airport Authority (DAA) has carried out the largest Irish commercial property letting of 2009 at Dublin Airport.
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Online
Most UK banks will lend up to £50m says JLL
The majority of UK banks are prepared to lend between £25 and £50m to commercial property deals according to a survey by Jones Lang LaSalle.
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Online
Court sets initial dates for SFO alleged £50m mortgage fraud case
Dates have been set for the first stage of an alleged £50m mortgage fraud case led by the Serious Fraud Office (SFO) in which Ian McGarry and five other defendants have been charged with connected offences.
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Online
DP World spends £136m as it commits to London Gateway scheme
Dubai World-owned developer DP World has further distanced itself from financial comparisons to its debt-laden parent, by spending £136m buying 1,000 acres of development land in Thurrock.
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Online
Grosvenor sells £25m of apartments at One Park West
Grosvenor, the Duke of Westminster’s property company, has sold more than £25m of the apartments at its One Park West residential scheme in Liverpool.
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Online
Hammerson sees bank holiday footfall increase 10%
Footfall across Hammerson’s shopping centre portfolio increased by 10% on Boxing Day as 1.3m people visited its centres over the bank holiday weekend.
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Online
Invista gets shareholder approval for £53.5m capital raise
Invista's European Real Estate Trust has received shareholder approval to carry out its £53.5m capital raising.
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Online
Kirsh extends his takeover offer for Minerva
South African entrepreneur Nathan Kirsh’s KiFin has extended its hostile offer to buy Minerva until 1pm on 4 January.
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Online
Allied Irish Bank looks to raise equity next year
Allied Irish Bank (AIB) is looking to raise new capital next year – potentially with government backing – as it applied to place €24.3bn of loans into National Asset Management Agency (NAMA).
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OnlineDerwent London lands Innocent Drinks at Portobello Dock scheme
Derwent London has let 24,270 sq ft of space at its Portobello Dock scheme in Ladbrook Grove to Fresh Trading, which is better known as Innocent Drinks, the makers of Innocent smoothies.
