All articles by Polly Mackenzie – Page 12
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Online
Wetherspoons to open 50 pubs this year
Pub chain Wetherspoons today confirmed plans to open 50 pubs in the coming year, with another 150 in the pipeline.
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News
Industry fears Stamp Duty rise
BPF and RICS concerned that chancellor will target property in April budget
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News
RICS threatens 30% fees hike to fund reforms
Members react angrily as subscription charges go up to pay for overhaul of institution
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Online
CABE confronts regional cities on design
John Rouse, chief executive of the Commission for Architecture and the Built Environment (CABE), today challenged developers in Manchester and Birmingham to improve the design of their cities.
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Online
Hampton Trust sells Arena Central stake
Andy Ruhan, the entrepreneur who founded internet hotels business Global Switch, has bought Hampton Trust’s stake in Birmingham’s £450m Arena Central scheme.
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Online
Benchmark shares plummet after 16% NAV fall
Shares in central London office specialist Benchmark dropped 8.4% this morning after the company revealed that its net asset value decreased nearly 16% over the six months to 31 December.
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Online
British Land shares climb after new Laxey proposals
Shares in British Land rose more than 5% to 426p this morning after dissident shareholder Laxey Partners launched a bid to break up the property company.
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Online
Hammerson buys retail park development
Hammerson has bought a £17m industrial estate in Kent to redevelop as a retail warehouse park.
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Online
Arab royals plan new Canary Wharf tower
A new mixed-use tower is to be built near Canary Wharf, providing more than 1m sq ft (92,900 sq m) of offices, retail and leisure space.
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Online
Sainsbury’s to sell development arm
Sainsbury’s today revealed it hopes to sell its property development arm J Sainsbury Developments in order to focus on core activities.
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Online
Bullring signs up five new tenants
Birmingham's Bullring today announced that five high-profile health and beauty retailers will take up space at the scheme when it opens in September.
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Online
Hammerson achieves 3% NAV growth
Hammerson today revealed a 3% increase in its net asset value per share despite a drop in the value of its property portfolio.
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Online
Colliers completes Gooch Webster acquisition
Fitzhardinge, the parent company of Colliers CRE, this morning confirmed that it has bought rival firm Gooch Webster for £8m.
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Online
Green light for Dover regeneration
Plans to redevelop a 290 acre (117 ha) former colliery in Kent were today given the go-ahead by Dover District Council.
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Online
Leeds plans £100m culture spend
The city of Leeds today announced plans to spend more than £100m on cultural buildings and leisure facilities in the next five years.
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Online
Lend Lease writes down Shell Centre
Lend Lease has written down the value of the Shell Centre in London by A$10.5m (£4m), as part of a A$370m (£140m) loss for the second half of 2002.
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Online
St Modwen selected for Hatfield scheme
St Modwen is to redevelop the centre of Hatfield, having beaten off competition from ten other bidders for the 210,000 sq ft (19,509 sq m) scheme.
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Online
DevSecs pays dividend on Paddington profits
Development Securities is to return £8m of the profits from the Paddington Central scheme to shareholders, by means of a special dividend.
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Online
Osmond to bid for Six Continents
Shares in leisure group Six Continents leapt 11.5% this morning to 617.5p after entrepreneur Hugh Osmond revealed plans to bid for the company.
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Online
CBRE signs Insignia deal
CB Richard Ellis this morning signed an agreement to buy Insignia Financial for $11 a share.