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Property Week - Latest News

Apollo poised to take control of Citi Property Investors
Date: 10/03/2010 09:41:00

Leon Black’s Apollo Global Management is the preferred bidder to take control of Citi Property Investors, the real estate investment arm of Citigroup.

Terrace Hill feeds on supermarket development
Date: 10/03/2010 13:05:00

Terrace Hill has bought two sites for supermarket developments, in Sunderland and in Whitchurch, Shropshire, and also submitted a planning application to redevelop Heaton Park Retail Park in Manchester.

Derby takes powers for £1bn regeneration in-house
Date: 10/03/2010 13:03:00

Derby City Council is to close regeneration body Derby Cityscape and bring its powers in-house under a new structure to deliver £1bn regeneration in the town.

Tories attack government policy with Property Week Pathfinder investigation
Date: 10/03/2010 12:49:00

The Conservatives yesterday seized on a Property Week investigation to berate the government over alleged failures in its flagship housing policy.

JLL appoints Manchester agency associate director
Date: 10/03/2010 11:45:00

Jones Lang LaSalle has poached Andrew Gardiner, head of Matthews & Goodman’s office agency team in Manchester, to join its office agency team in the city.

Covent Garden Market Authority kicks off search for £1bn development partner
Date: 10/03/2010 11:21:00

Covent Garden Market Authority (CGMA) has today launched the search for a development partner for a £1bn redevelopment of the New Covent Garden Market in Vauxhall, London.

CBRE Investors launches first fund for defined contribution pensions
Date: 10/03/2010 11:20:00

CB Richard Ellis Investors, the global real estate investment management firm, today launched the first UK direct property fund for defined contribution pension investors.

Henderson buys German retail warehouse park
Date: 10/03/2010 10:59:00

Henderson Global investors’ €900m European retail fund has bought a warehouse park in Germany.

UK shop vacancies rise again after Christmas says Cushman & Wakefield
Date: 10/03/2010 08:19:00

Almost six per cent of shops in outer London are available because of retailer administrations, while the Midlands region was the UK's worst retail performer according to Cushman & Wakefield.

ROM pushes forward with plans at Clacton and Bescot Retail Parks
Date: 10/03/2010 08:17:00

ROM Capital Group has submitted plans for at a six-screen multiplex cinema at the Clacton Factory Outlet park and won consent for two large stores at Bescot Retail Park

Housing minister John Healey launches planning green book
Date: 10/03/2010 08:15:00

Housing and planning minister John Healey said yesterday he had provided a "triple boost" for councils tackling climate change by updating planning rules, granting nearly £10m to improve green skills and backing further progress with the...

Hamptons International launches valuation division
Date: 10/03/2010 08:05:00

Hamptons International has unveiled plans to expand further into new markets with the introduction of a valuation division.

Travelodge takes Essex lease
Date: 10/03/2010 07:54:00

Compass Hotels has negotiated a management lease to Travelodge on the Best Western Stansted Manor Hotel in Essex.

IPD: performance gap between best and worst institutions last year was huge
Date: 09/03/2010 16:51:00

The gap between the returns generated by the best and worst-performing institutional property investors last year was a huge 24 percentage points, Investment Property Databank said today.

Olympic Park Legacy Company appoints head of real estate
Date: 09/03/2010 15:46:00

The Olympic Park Legacy Company (OPLC) has appointed a head of real estate and made two other senior appointments to its executive management team.

PWTV: Hatchet Harry on why he'll carry a shot gun in his golf bag at the Sparks Golf Challenge.
Date: 09/03/2010 13:17:00

P. H. Moriarty, aka Hatchet Harry from Guy Ritchie's Lock Stock and Two Smoking Barrels, spoke to PWTV about why he will be attending the Sparks Golf Challenge in Portugal this summer.

CBRE’s Harman to join Dowley Turner Real Estate
Date: 09/03/2010 12:15:00

Richard Harman, senior director of industrial and logistics at CB Richard Ellis, is leaving the firm to join Dowley Turner Real Estate.

Government plans overhaul of green planning
Date: 09/03/2010 12:11:00

The government plans to overhaul three planning policies to help councils deal better with planning applications for sustainable developments.

King Sturge appointed to market Wakefield scheme
Date: 09/03/2010 12:01:00

English Cities Fund has appointed King Sturge to market the residential element of its £140m Merchant Gate scheme in Wakefield City Centre.

Committee blasts HMRC private finance property deal
Date: 09/03/2010 11:55:00

HM Revenue & Customs faces a financial backlash from a 20-year property contract signed with Mapeley in 2001, according to a report from the Treasury Committee released today.

Politicians warned "wake up to housing crisis"
Date: 09/03/2010 10:57:00

Politicians were warned today that they need to “wake up to the mounting housing crisis” as the shortfall in supply approaches one million homes.

First tenant signs at Ealingcross
Date: 09/03/2010 10:54:00

Standard Life Investments’ Life Property Fund and Neptune Land have signed the first tenant at the Ealingcross office scheme at 85 Uxbridge Road, in Ealing, London.

McCabe ditches Flood for new development company
Date: 09/03/2010 10:16:00

Kevin McCabe has set up a company to develop food store schemes but has ditched a plan to work with Brendan Flood, the former managing director of Modus Ventures.

Laurence launches OGC property asset management campaign
Date: 09/03/2010 10:13:00

Vice Admiral Tim Laurence has launched an Office of Government Commerce campaign to improve property asset management across the public sector.

Hatfield Philips enforces €159m securitised loan
Date: 09/03/2010 10:12:00

Hatfield Philips has enforced a €159m loan that was part of a pool held in the Credit Suisse originated Titan Europe 2006-1 commercial mortgage backed securities (CMBS) vehicle.

New retailers sign at Cardiff’s Capitol Shopping Centre
Date: 09/03/2010 10:02:00

Local surfwear specialist Lobster Bob and luggage retailer Departures have agreed to open units at Moorfield’s Capitol Shopping Centre in Cardiff.

Housing supply outstripping demand says RICS
Date: 09/03/2010 09:57:00

Housing supply is outstripping demand as new sales instructions outpaced buyer interest for the second consecutive month, according to the RICS.

Liberty International to demerge
Date: 09/03/2010 08:42:00

Liberty International is to split its company into two separate businesses – Capital Shopping Centres and Capital & Counties – which will trade on the London Stock Exchange.

“Youth panel” to assist in Olympic Legacy design
Date: 09/03/2010 08:01:00

Twenty-two young people from the five Olympic boroughs have been appointed to a panel to help shape the future of the Olympic Park.

Here’s some advice: sack your IFA!
Date: 08/03/2010 16:33:00

So-called independent financial advisers have been given a roasting in the press this past week – and most of my contacts in the property world are secretly rubbing their hands with glee.





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