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Government launches Portas Town Teams pilots
2/4/2012 12:01:00 AM Property Week Breaking News
Grant Shapps is expected to announce today that the government will launch a series of pilots to test Mary Portas’ Town Teams recommendation, as tipped by Property Week earlier this week.
Bruce’s resi bonus: £320m private rented venture secures backing
2/3/2012 Property Week Breaking News
Apollo and Canada’s Ivanhoé Cambridge to back Ritchie’s £320m private-rented venture in London
Westminister approves Middlesex Hospital plans
2/3/2012 10:05:00 AM Property Week Breaking News
Westminster Council has provisionally approved plans for a major redevelopment of the Middlesex Hospital site, one of London’s most high profile schemes to be mothballed during the credit crunch.
Marks & Spencer store U-turn
2/3/2012 Property Week Breaking News
Retail stalwart backs out of eight stores in two weeks
Bruntwood now worth £318m
2/3/2012 1:00:00 PM Property Week Breaking News
Chris Oglesby’s Bruntwood enjoyed a net asset value increase of 2.4% to £318m in the year to September 2011, the company has announced.
Two-thirds of best London homes sold to foreign buyers
2/3/2012 12:08:00 PM Property Week Breaking News
International buyers accounted for almost two-thirds of the prime London new build residential market in 2011, new research shows.
Property sector administrations up 35%
2/3/2012 2:10:00 PM Property Week Breaking News
Property sector administrations increased by 35% in the fourth quarter of 2011 against the previous quarter, according to the latest figures from the Insolvency Service.
Portas goes to town with team pilots
2/3/2012 Property Week Breaking News
First of high street guru’s recommendations to be launched as early as next week
Jurys out on hotel chain cash injection
2/3/2012 Property Week Breaking News
Jurys Inn owners aim to restructure debt, but sale is still possible
Helical acquires Broadway House
2/3/2012 9:31:00 AM Property Week Breaking News
Helical Bar has acquired Broadway House, Hammersmith, for £14.1m.
Nobu joins Shoreditch set
2/3/2012 Property Week Breaking News
Michelin-starred restaurant group to open follow-up to Las Vegas hotel, near Silicon Roundabout
Kallakis retrial follows illness
2/3/2012 Property Week Breaking News
Co-defendant hospitalisation leads to dismissal
Columbus conclude lease restructuring at Grace Church Street
2/3/2012 11:55:00 AM Property Week Breaking News
The £26m restructuring of the head lease of Lombard House at 33 Grace Church Street has been completed by Columbus Capital Management.
Forever 21 fashions fast European rollout
2/3/2012 Property Week Breaking News
Four French and first German stores follow debut on continent at Bullring last year
Peakside launches 80 Hammersmith Road
2/3/2012 3:39:00 PM Property Week Breaking News
European private equity house Peakside Capital has launched 80 Hammersmith Road, a 41,700 sq ft Grade A office redevelopment in London’s Hammersmith.
Saudi pins hope on Pinnacle sale
2/2/2012 5:30:00 PM Property Week Breaking News
Developer to sell stake in attempt to resume construction.
NAV surge at Great Portland Estates shows London's strength
2/2/2012 8:38:00 AM Property Week Breaking News
Great Portland Estates showed the benefit of a central London portfolio this morning as it reported net asset value per share had risen 18.4% over 2011, despite the economic turbulence.
Bidders line up for RREEF
2/2/2012 10:29:00 AM Property Week Breaking News
MacQuarie Group, Ameriprise Financial, JP Morgan and State Street have been named as bidders to buy the asset management divisions of Deutsche Bank, Bloomberg reported today.
Distressed sales could "overwhelm" secondary market, IPD warns
2/2/2012 1:31:00 PM Property Week Breaking News
Increased distressed asset sales are threatening to overwhelm the already-struggling secondary property market, the IPD warned today.
LandSecs in talks to sell Liverpool shopping centre
2/2/2012 1:55:00 PM Property Week Breaking News
Land Securities is in talks to sell off the St John’s Shopping Centre in Liverpool city centre, TheBusinessDesk.com reported today.
Recession-hit London scheme goes back before committee
2/2/2012 10:11:00 AM Property Week Breaking News
One of London’s most high-profile schemes to be mothballed during the credit crunch will go before a planning committee tonight.
Liverpool developers invited to bid for £13.2m Government funds
2/2/2012 12:54:00 PM Property Week Breaking News
Liverpool development projects have been given a £13.2m cash boost by the government to fund infrastructure.
Livingstone brothers complete Cliveden buy
2/2/2012 9:09:00 AM Property Week Breaking News
Richard and Ian Livingstone have completed their purchase of the Cliveden House Hotel, the hotel made famous in the Profumo affair.
Cowell's Estate Office Group ventures into Japan
2/2/2012 12:58:00 PM Property Week Breaking News
Nicholas Cowell’s Estate Office Group has secured a foothold in the Japanese market through a partnership with a Tokyo based asset management company.
Stockport Council to buy Debenhams site to unlock major mixed-use scheme
2/2/2012 9:23:00 AM Property Week Breaking News
Stockport Council is set to buy the large Debenhams unit next to the Merseyway shopping centre with a view kick-starting a mixed-use leisure and retail scheme on the site, TheBusinessDesk.com reported today.
Premier Inn gets £10m Bristol hotel green light
2/2/2012 2:53:00 PM Property Week Breaking News
Premier Inn has secured planning permission for a 175-bed hotel in Bristol city centre.
Arcadis launches Birmingham hospital facility
2/2/2012 10:49:00 AM Property Week Breaking News
Arcadis is to manage a new hospital project in Birmingham which will support the UK’s military patients and their families.
Multi takes control in Italy
2/2/2012 1:08:00 PM Property Week Breaking News
Multi Development has bought out its partner in its retail development business in Italy.
Quintain to refinance £40m of debt
2/2/2012 10:06:00 AM Property Week Breaking News
Developer Quintain is in negotiations to refinance £40m of debt from its lenders which will equip the group with £393m of facilities until 2016.
Kier selected for Derby residential scheme
2/2/2012 11:26:00 AM Property Week Breaking News
The Homes and Communities Agency and Derby City Council have agreed a deal to create around 700 new homes in the city.
Corestate closes €400m fund
2/2/2012 8:51:00 AM Property Week Breaking News
Private equity real estate investor Corestate Group has announced the close of its German Commercial Properties fund - giving it an estimated investment volume of €400m.
Office take-up in the South East up by 6%
2/2/2012 8:43:00 AM Property Week Breaking News
The South East office market saw a 6% increase in take up in 2011 compared with 2010, with space transacted in the region totalling 4.38m sq ft, research from Strutt & parker has shown.
Tech companies bright spot as London take-up falls
2/1/2012 8:24:00 AM Property Week Breaking News
Take-up of central London offices from IT and telecoms firms more than doubled in 2011, despite cross-sector take-up falling by 27%, according to research by Knight Frank.
Carlyle buys €337m Swedish portfolio
2/1/2012 1:31:00 PM Property Week Breaking News
Carlyle has bought a Swedish office and residential portfolio in central Stockholm for SEK 2.95bn (€337m).
Peel puts Castlefield block up for sale
2/1/2012 4:37:00 PM Property Week Breaking News
Peel Holdings has put a Grade II-listed mixed use building in Castlefield in Manchester city centre.
Cordea Savills buys German asset manager
2/1/2012 9:29:00 AM Property Week Breaking News
Cordea Savills has bought German asset manager International Property Asset Management (IPAM) for an undisclosed sum.
Segro and Moorfield complete logistics fund deal
2/1/2012 8:35:00 AM Property Week Breaking News
A Segro and Moorfield joint venture this morning announced it had completed the purchase of a £314.7m logistics portfolio from Legal & General, Hermes Real Estate and LaSalle Investment Management, as tipped by PropertyWeek.com.
Segro signs MedicAnimal at Park Royal
2/1/2012 4:27:00 PM Property Week Breaking News
Segro has leased 47,612sq ft of space at Park Royal to online retailer of pet supplies MedicAnimal.
OFT to examine Reubens' racecourse takeover
2/1/2012 12:48:00 PM Property Week Breaking News
The Office of Fair Trading is to investigate the £167m acquisition of racecourse operator Arena Leisure by Aldersgate Investments, the investment vehicle of the Reuben Brothers, TheBusinessDesk.com reported today.
Northern Irish developer gets £30m go-ahead in Liverpool
2/1/2012 12:44:00 PM Property Week Breaking News
Northern Irish developer Benmore has gained planning approval for a £30m New Mersey Leisure scheme in Speke, south Liverpool, TheBusinessDesk.com reported today.
Government launches Portas Town Teams pilots
2/4/2012 12:01:00 AM Property Week Retail & Leisure
Grant Shapps is expected to announce today that the government will launch a series of pilots to test Mary Portas’ Town Teams recommendation, as tipped by Property Week earlier this week.
Marks & Spencer store U-turn
2/3/2012 Property Week Retail & Leisure
Retail stalwart backs out of eight stores in two weeks
Princesse Tam Tam reveals rollout
2/3/2012 Property Week Retail & Leisure
French lingerie brand Princesse Tam Tam is planning its first UK store, in London, in response to a perceived gap in the market.
Portas goes to town with team pilots
2/3/2012 Property Week Retail & Leisure
First of high street guru’s recommendations to be launched as early as next week
Helical hammers out asset angles
2/3/2012 Property Week Retail & Leisure
Helical Bar was today due to announce it had bought an office and retail block in Hammersmith out of receivership, as it pledged to concentrate on central London for the next two years.
Massimo Dutti fit for King’s Rd
2/3/2012 Property Week Retail & Leisure
The Cadogan Estate has remodelled part of its Duke of York Square development on King’s Road in Chelsea to attract a new fashion anchor and another entrant to the UK retail market.
Glades extension provides locals with food for thought
2/3/2012 Property Week Retail & Leisure
A 15,000 sq ft extension to the Glades shopping centre in Bromley is expected to be given the go-ahead at the end of the month.
Prepacked Jane Norman joins Wolsey Place line-up
2/3/2012 Property Week Retail & Leisure
Woking shopping centre extension will now open fully let. Sarah Stewart reports
Q+A: Hammerson’s Bullring man
2/3/2012 Property Week Retail & Leisure
Hammerson’s new portfolio director, Martin Plocica, joined the company in October to oversee the running of six of the REIT’s largest centres in the UK, including its Birmingham flagship, the Bullring. David Hatcher spoke to the American about the future of the 1.2m sq ft centre
Rocket to remake Old Street block
2/3/2012 Property Week Retail & Leisure
An unloved block off Old Street roundabout is to be redeveloped into a 150,000 sq ft mixed-use scheme.
Calvin Klein’s Great Eastern odyssey
2/3/2012 Property Week Retail & Leisure
Calvin Klein parent Warnaco Group has preleased an office block in London’s Shoreditch at around £36/sq ft.
Next in line for garden centre rollout
2/3/2012 Property Week Retail & Leisure
Fashion and homewares have been happy bedfellows for nearly a decade now, and Next, John Lewis and Zara have all opened standalone home outlets over the past few years.
Bullring key to Locker Room deal
2/3/2012 Property Week Retail & Leisure
The Locker Room has taken a 6,000 sq ft unit at the Bullring in Birmingham.
Co-op hire signals urban expansion
2/3/2012 Property Week Retail & Leisure
The Co-operative Group has hired Stephen McDonald from Lidl as regional acquisitions manager for central and eastern England.
Food chains fight over Dudley site
2/3/2012 Property Week Retail & Leisure
Asda, Sainsbury’s and Morrisons are all thought to be interested in operating a 75,000 sq ft supermarket on the site of the former Inland Revenue office, Cavendish House, in Dudley Town Centre.
Green shoots in the gardening sector
2/3/2012 Property Week Retail & Leisure
While DIY retailers struggle, garden centres enjoy growth in sales. Rachel Hunter reports
Forever 21 fashions fast European rollout
2/3/2012 Property Week Retail & Leisure
Four French and first German stores follow debut on continent at Bullring last year
India wakes up to Starbucks
2/3/2012 Property Week Retail & Leisure
Coffee chain Starbucks has teamed up with Tata Global Beverages to open the first Starbucks coffee shop in India.
Carrefour sells 97 stores
2/3/2012 Property Week Retail & Leisure
French supermarket giant Carrefour has sold 97 stores to investment vehicle La Française REM for €365m.
Retail woes leave shed voids
2/3/2012 Property Week Retail & Leisure
The shockwaves emanating from the troubles on UK high streets have added millions of square feet of voids to the industrial market.
Half-dozen sheds on block
2/3/2012 Property Week Industrial
A portfolio of six big sheds has been put up for sale by a north-west-based investor with an asking price of nearly £110m.
Roxhill ready for take-off at Coventry
2/3/2012 Property Week Industrial
Mark Glatman and David Keir draw up £250m scheme at airport. David Hatcher reports
Meteor Park fully let ahead of Segro sale
2/3/2012 Property Week Industrial
Segro has fully let Meteor Park after completing two deals that total more than 160,000 sq ft.
Thames hub: cleared for take off or flight of fancy?
2/3/2012 Property Week Industrial
Prime minister David Cameron announced in January that a consultation for a sustainable framework for UK aviation would happen in March, in order to “set out long-term plans for the sector” and to “retain the UK’s hub status”.
Hub can create jobs and connect industry, not just passengers
2/3/2012 Property Week Industrial
Our reason for undertaking this study and sharing our idea now was catalysed by the realisation that the population is going to increase by 20% to 10 million over the next 20 years, creating enormous pressure for jobs and for homes.
Medway timetables railway regeneration route
2/3/2012 Property Week Industrial
Now that a new station is about to open in Gillingham this month, attention is turning to its neighbour further along the line, Rochester.
Vestas blows life into Sheerness site
2/3/2012 Property Week Industrial
Sarah Stewart reports on Vestas Offshore’s proposal for a 227 acre Isle of Sheppey plot
Retail woes leave shed voids
2/3/2012 Property Week Industrial
The shockwaves emanating from the troubles on UK high streets have added millions of square feet of voids to the industrial market.
Segro and Moorfield complete logistics fund deal
2/1/2012 8:35:00 AM Property Week Industrial
A Segro and Moorfield joint venture this morning announced it had completed the purchase of a £314.7m logistics portfolio from Legal & General, Hermes Real Estate and LaSalle Investment Management, as tipped by PropertyWeek.com.
Segro signs MedicAnimal at Park Royal
2/1/2012 4:27:00 PM Property Week Industrial
Segro has leased 47,612sq ft of space at Park Royal to online retailer of pet supplies MedicAnimal.
UK Land overcomes planning issues in time for busy 2012
1/27/2012 Property Week Industrial
Developer predicts packed year for 17m sq ft portfolio. Sarah Stewart reports
L&G to splash £112m on Reading Tesco shed
1/27/2012 Property Week Industrial
Distribution hub sale will be UK industrial property’s most expensive
Q+A: Merchant on track with Hitachi
1/27/2012 Property Week Industrial
Last week, Nick Clegg visited Japan to talk about its future business strategy with the UK.
Safestore delivers confident results
1/26/2012 10:01:00 AM Property Week Industrial
Safestore Holdings delivered a confident set of annual results today despite a marginal fall in its net asset value.
Lok’n Store and two feuding shareholders
1/20/2012 Property Week Industrial
Self-storage CEO unperturbed by major shareholder revolt. David Hatcher reports
Gowers confident of safe future for self-storage firm
1/20/2012 Property Week Industrial
Safestore’s chief remains positive after a tough first year in the job. David Hatcher reports
Sleath divests Slough £300m
1/20/2012 Property Week Industrial
New chief executive sells sheds and offices to US and UK firms as £1.6bn sell-off continues apace
Caisson cuts self-storage fund equity target due to ‘cautious investors’
1/20/2012 Property Week Industrial
Caisson Investment Management has slashed the equity-raising target for its self-storage fund from £100m to £10m-£20m in light of difficult market conditions.
Q+A: Starbucks’ coffee to go
1/20/2012 Property Week Industrial
Starbucks opened its first UK drive-through in Cardiff in 2008 and now has around 10. It plans to open a further 200 in the next five years.Dale Calcutt, the company’s vice-president of store development in UK and Ireland, explains the strategy.
Index reveals retailers pump value into petrol sites
1/20/2012 Property Week Industrial
The value of average independent petrol station sites declined by 5% in 2011 reveals Barber Wadlow, Catalist Experian and the Retail Motor Industry Federation’s 2012 Petrol Station Property Value Indices.
Battle of buyers in Birmingham’s Cornwall Street
2/3/2012 Property Week Office
Leaseholder will have to negotiate with freeholder Nurton. David Hatcher reports
Birmingham Science Park’s digital evolution
2/3/2012 Property Week Office
Wrenbridge, Vinci Construction, Thomas Vale, Muse, Bruntwood and Trebor Developments with Hortons’ Estate are all thought to be vying to become Birmingham Science Park Aston’s development partner for the park’s next phase, Digital Plaza.
Labour Party finds new HQ
2/3/2012 Property Week Office
The Labour Party plans to relocate its headquarters to Victoria, paving the way for British Land to revamp the party’s current offices nearby.
Shoosmiths seeks fitting offices
2/3/2012 Property Week Office
Shoosmiths has begun a search for a 40,000 sq ft office in Birmingham city centre. CBRE has been appointed to search for the space. The law firm occupies 20,000 sq ft at Epic’s 125 Colmore Row, which is close to capacity. Its sublease from Lloyds Banking Group expires in 2013. This ties in with a break clause in Lloyds’s 140,000 sq ft lease, which it is likely to activate as it only occupies 85,000 sq ft in the building and is undergoing a rationalisation strategy.
Inside the deal: Law Society at the Cube
2/3/2012 Property Week Office
In December, the Law Society, the representative body for solicitors and lawyers, leased 57,290 sq ft at the Cube in Birmingham, consolidating its presence in the West Midlands. However, the process was not all plain sailing.
Cutts’ ‘country’ retreat
2/3/2012 Property Week Office
The former headquarters of John Cutts’ Parkridge Holdings in Solihull have been put on the market by receivers at BNP Paribas Real Estate and PWC, which are dealing with the holding company’s administration.
Helical hammers out asset angles
2/3/2012 Property Week Office
Helical Bar was today due to announce it had bought an office and retail block in Hammersmith out of receivership, as it pledged to concentrate on central London for the next two years.
Design squad in place for International Quarter
2/3/2012 Property Week Office
Lend Lease and London & Continental Railways have drawn up a design panel of top architects for their £1.3bn International Quarter development next to the Olympic Park in Stratford City, east London.
Silicon implant for Resolution
2/3/2012 Property Week Office
Resolution Properties has bought 15 Bonhill Street near London’s Old Street roundabout from Land Securities for £33m, reflecting a yield of 6.6%.
Rocket to remake Old Street block
2/3/2012 Property Week Office
An unloved block off Old Street roundabout is to be redeveloped into a 150,000 sq ft mixed-use scheme.
Canada Life to leave Leeds at a loss
2/3/2012 Property Week Office
Princes Exchange in Leeds has been put up for sale by Canada Life.
Surrey County Council deploys Dambuster
2/3/2012 Property Week Office
Search for space reveals no suitable site anywhere within county boundary. Sarah Stewart reports
Peakside launches 80 Hammersmith Road
2/3/2012 3:39:00 PM Property Week Office
European private equity house Peakside Capital has launched 80 Hammersmith Road, a 41,700 sq ft Grade A office redevelopment in London’s Hammersmith.
Office take-up in the South East up by 6%
2/2/2012 8:43:00 AM Property Week Office
The South East office market saw a 6% increase in take up in 2011 compared with 2010, with space transacted in the region totalling 4.38m sq ft, research from Strutt & parker has shown.
Peel puts Castlefield block up for sale
2/1/2012 4:37:00 PM Property Week Office
Peel Holdings has put a Grade II-listed mixed use building in Castlefield in Manchester city centre.
Colliers names West End office agency head
1/31/2012 8:30:00 AM Property Week Office
Colliers International has appointed a new head of West End agency from its Birmingham office.
Regus opens in Madagascar
1/31/2012 8:47:00 AM Property Week Office
Serviced office provider Regus has opened its first business centre in Madagascar.
Bruntwood sells £42m block
1/30/2012 1:09:00 PM Property Week Office
Family-owned north-west developer and investor Bruntwood has sold 1 New York Street in Manchester at a yield of 6.5%.
CBRE Global Investors exchanges on St Paul's move
1/30/2012 11:52:00 AM Property Week Office
CBRE Global Investors has exchanged contracts on its 25,000 sq ft move to Land Securities’ One New Change scheme in the centre of London.
Exemplar’s Edinburgh escapade: London developer to buy Quartermile scheme
1/27/2012 Property Week Office
Exemplar Properties is to buy Edinburgh’s most prestigious development site, in a dramatic entry on to Scotland’s large-scale development scene.
Institute for Government/Centre for Cities: Big shot or long shot?
6/23/2011 6:44:00 PM Property Week Policy
Cities are the heartbeat of the UK economy. Despite occupying just nine percent of .the UK’s land they’re where over half of us live and they contribute 60 percent of the UK’s economic output.
Homes and Communities Agency: Development and land disposal strategy
6/21/2011 7:40:00 PM Property Week Policy
Access to a supply of development land is a vital ingredient in successful economic growth.
HM Government: The State of the Estate 2011
6/3/2011 11:49:00 AM Property Week Policy
The Government Estate is a great national asset. We need to use it better. We can cut costs, and reinvest the savings in public services. We can use it to enable work practices that are more modern and flexible, while helping government to reduce its carbon footprint.
Co-Operatives UK: Mutual options for Post Office Ltd
6/2/2011 6:56:00 PM Property Week Policy
Co-operatives UK was commissioned by the Department for Business Innovation and Skills to explore options for the mutualisation of Post Office Ltd as suggested in the report
Gerald Eve: Legal & Parliamentary Evebrief - April 2010
4/4/2011 7:10:00 PM Property Week Policy
Although this edition of Evebrief follows hot on the heels of Wednesday’s spring Budget we have resisted the temptation to provide a summary of its provisions, as there can be few if any readers who have not already seen summaries and commentary in other publications.
BUDGET 2011: Download the full document
3/23/2011 4:40:00 PM Property Week Policy
Property featured strongly in today’s Budget document - with measures aiming at promoting investment, development and first-time buyers.
Local Government Association: The impact of EU procurement legislation on councils
1/27/2011 5:21:00 PM Property Week Policy
The purpose of this survey was to gather information on council’s experiences of and opinions on EU procurement legislation, in order to inform the Local Government (LG) Association’s view ahead of European Commission proposals to modernise EU procurement legislation on 2011.
The Property Ombudsman 2010 Interim Report
11/8/2010 11:40:00 AM Property Week Policy
“The TPO Code of Practice for Letting and Managing Agents details standards and best practice for agents to commit to. As Ombudsman I am able to help those who have been disadvantaged in individual cases but I have no powers to regulate market activity or to monitor the approach of agents to the handling of client money.
GVA Grimley: Degrees of Uncertainty - dealing with the higher education funding gap
9/23/2010 6:04:00 PM Property Week Policy
The financial crisis and subsequent recession has put an end to the recent era of steady growth in university funding and student numbers. The government has already announced almost £1bn of funding cuts by 2013 and further reductions are widely anticipated over the next few years.
Gerald Eve's Legal and Parliamentary Evebrief - July 2010
7/23/2010 11:48:00 AM Property Week Policy
The emergency budget measures are starting to take effect with the axe poised over the public sector. We report on some of those who havebeen among the first to be cut.
British Property Federation: Summary of Government Policies Relevant to Property Industry
6/29/2010 2:25:00 PM Property Week Policy
The Government believes that it is time for a fundamental shift of power from Westminster to people, promoting decentralisation and democratic engagement, and ending the era of top-down government by giving new powers to local councils, communities, neighbourhoods and individuals.
Penfold Review of non-performing assets
4/9/2010 1:00:00 AM Property Week Policy
"As the UK emerges from the global economic downturn, establishing non-planning consents regimes that are more responsive to the needs of all users and stakeholders and that interact clearly and simply with the planning process is very important in helping to drive sustainable economic growth. I hope that this Interim Report is the first step towards that vision."
British Property Federation Budget Analysis
4/9/2010 1:00:00 AM Property Week Policy
The BPF presents its analysis of the Budget, looking at the impact of policies on REITs, stamp duty land tax, transport infrastructure funding and regional development authorities.
Gerald Eve: Legal and Parliamentary Evebrief
3/5/2010 Property Week Policy
"In addition to several items concerning non-domestic rates preparatory to the 2010 Rating Revaluation (see Rating section at 06 and the Regional supplement), we report at items 01 and 03 on two similar planning cases. The first is from the Court of Appeal and the second, the Administrative Court. Whilst the facts differed, both concerned the limitation period for enforcement action referring to s171(1) and (2) of the Town and Country Planning Act 1990, with both appellants erecting ...
Lord Justice Jackson's Review of Civil Litigation Costs: Final report
2/12/2010 Property Week Policy
"In some areas of civil litigation costs are disproportionate and impede access to justice. I therefore propose a coherent package of interlocking reforms, designed to control costs and promote access to justice."
The CRC Energy Efficiency Scheme
2/5/2010 Property Week Policy
"This document provides a step by step guide to the CRC Energy Efficiency Scheme (CRC) – the UK’s new carbon emissions trading scheme that will start operating in April 2010. It explains what the schemeis, to whom it applies and how it will work."
Brodies LLP - The new Schemes of Delegation: Are they promoting efficient decision-making for planning applications in Scotland?
1/15/2010 Property Week Policy
"These key findings illustrate the difficulty local authorities face in balancing democratic accountability in planning decisionmaking against the desire for efficiency."
PRE-BUDGET TV: Two out of three on empty rates, says Cosmetatos
12/10/2009 8:41:00 AM Property Week Policy
The British Property Federation has claimed victory on two out of the three main points it lobbied the government on over empty rates.
PRE-BUDGET TV: Liz Peace on on the good and the bad of the pre-budget report.
12/9/2009 4:52:00 PM Property Week Policy
The pre-budget report has laid some good groundwork for the property sector, whichever government is running the country in 2010, Liz Peace, chief executive of the British Property Federation told Property Week today.
Gerald Eve: Legal and Parliamentary Evebrief
11/20/2009 Property Week Policy
"The first National Policy Statements (NPSs) were published on the 9 November 2009 in draft for public consultation and parliamentary scrutiny.This is the first taste of the 2008 Act planning regime which includes the establishment of the Infrastructure Planning Commission (IPC) and the publication of NPSs across a range of infrastructure types — energy, transport, water, waste water and hazardous waste."
OGC - preliminary guidance on the application of the public procurement rules to development agreements
10/30/2009 Property Week Policy
"This note discusses the applicability of the public procurement rules1 to “development agreements” between local authorities or other public bodies and developers. It sets out some of the circumstances which may reduce or increase the likelihood that a development agreement will be subject to the public procurement rules."
Department of Energy and Climate Change: Consultation on the Draft Order to Implement the Carbon Reduction Commitment
10/16/2009 1:00:00 AM Property Week Policy
"Evidence and analysis from Government and others consistently shows that there are significant opportunities for improving energy efficiency in large organisations which will generate savings well above the cost of implementing them. However, those steps are not yet being taken. Government therefore took the decision to require large electricity users to become part of the scheme from 1 April 2010."
Gerald Eve: Legal & Parliamentary Evebrief - October 2009
10/9/2009 1:00:00 AM Property Week Policy
The Evebrief addresses a range of recent legal and parliamentary issues including tenant compensation, planning regulations and the rating revaluation.
Ernst & Young: The proposed EU Alternative Investment Fund Managers Directive
10/2/2009 1:00:00 AM Property Week Policy
"The AIFM Directive is designed to address a number of risks identified by the European Commission related to alternative investment funds (AIFs). The Commission does not believe that fragmented national approaches constitute a robust and comprehensive response to these risks."
Communities and Local Government: Strengthening Local Democracy
10/2/2009 1:00:00 AM Property Week Policy
"Local residents should be able to influence the shape of their area and the services they receive. We want citizens to have a real say in how these challenges are tackled, and on what happens in their communities."
Gerald Eve Evebrief: Legal and Parliamentary
9/18/2009 2:54:00 PM Property Week Policy
'We report in the Rating and Taxation sections of this edition five new regulations coming into effect on 1 October and required because, on that day, the present 56 separate Valuation Tribunals in England are replaced by a single Valuation Tribunal for England — the VTE.'
Department of Energy and Climate Change: Improving Grid Access Consultation Document
9/4/2009 1:00:00 AM Property Week Policy
'If the UK is to meet its climate change targets and ensure security of supply, large amounts of renewable and other low carbon generation need to be able to connect to our electricity networks. The UK will also need to connect other essential generation needed to replace the existing nuclear and fossil fuel plant that will close within the next decade. Getting the right incentives and environment for investment in generation in the UK is therefore critical.'
Spada's 'British Professions Today' report, commissioned by RICS, the Law Society and the Chartered institute of Management Accountants.
7/10/2009 1:00:00 AM Property Week Policy
This research by Spada was prompted by the informal collaboration of a working group of professional membership bodies, which gathered to encourage debate about the role of the professions in society.
GVA Grimley 'Planning for Prosperous Economies: Maximising the role of the Non B Class Sector'
6/24/2009 3:15:00 PM Property Week Policy
Employment land reviews (ELRs) have a major limitation. As currently applied they generally only relate to part of the demand for ‘employment land’, as they exclude demand from the Non B Use Class sector, or non-traditional employment. ELRs therefore need to be more ‘comprehensive’ than they have been to date in assessing the true scale of employment land need.
King Sturge Brief: The Carbon Reduction Commitment
6/19/2009 1:00:00 AM Property Week Policy
The Carbon Reduction Commitment (CRC) is a legally binding climate change and energy saving scheme which comes into force in April 2010. The scheme is likely to affect 20,000 large public and private sector organisations including office-based corporations, supermarket chains, hotel chains, government departments, schools and large local authorities. The scheme is a carbon emissions cap-and-trade scheme to incentivise energy conservation and a reduction in the production of carbon dioxide ...
Bruce’s resi bonus: £320m private rented venture secures backing
2/3/2012 Property Week Global
Apollo and Canada’s Ivanhoé Cambridge to back Ritchie’s £320m private-rented venture in London
Forever 21 fashions fast European rollout
2/3/2012 Property Week Global
Four French and first German stores follow debut on continent at Bullring last year
Carrefour sells 97 stores
2/3/2012 Property Week Global
French supermarket giant Carrefour has sold 97 stores to investment vehicle La Française REM for €365m.
Multi takes control in Italy
2/2/2012 1:08:00 PM Property Week Global
Multi Development has bought out its partner in its retail development business in Italy.
Cowell's Estate Office Group ventures into Japan
2/2/2012 12:58:00 PM Property Week Global
Nicholas Cowell’s Estate Office Group has secured a foothold in the Japanese market through a partnership with a Tokyo based asset management company.
Corestate closes €400m fund
2/2/2012 8:51:00 AM Property Week Global
Private equity real estate investor Corestate Group has announced the close of its German Commercial Properties fund - giving it an estimated investment volume of €400m.
Carlyle buys €337m Swedish portfolio
2/1/2012 1:31:00 PM Property Week Global
Carlyle has bought a Swedish office and residential portfolio in central Stockholm for SEK 2.95bn (€337m).
Freeport leases in Portugal
1/31/2012 11:34:00 AM Property Week Global
Carlyle-owned retail developer Freeport has leased eight of ten units at an extension to its Freeport Outlet Alcochete retail centre in Portugal.
Regus opens in Madagascar
1/31/2012 8:47:00 AM Property Week Global
Serviced office provider Regus has opened its first business centre in Madagascar.
Apprentice star Campbell joins Boris for "London vs New York" debate
1/30/2012 12:50:00 PM Property Week Global
Former “The Apprentice” winner Tim Campbell will join Mayor of London Boris Johnson in a head-to-head London-versus-New York debate next week.
Three men jailed for €22m property fraud
1/27/2012 6:11:00 PM Property Week Global
Three men including ex-Mishcon de Reya lawyer Kevin Steele have today been sentenced for defrauding Zurich’s EFG Private Bank of €22m.
Davos 2012 Blog: The rise of impact investing
1/27/2012 2:50:00 PM Property Week Global
After a typically busy Davos breakfast, the morning adrenaline rush really kicked in with a quick sub-zero dash between venues in time for my 8am in a very lively work shop debate called Harnessing the hype: Sustainable and impact investing. 
REO suspended from London Stock Exchange
1/27/2012 10:13:00 AM Property Week Global
Former Battersea Power Sation owner Real Estate Opportunities has been temporarily suspended from trading on the London Stock Exchange.
Related raises record funds
1/27/2012 Property Week Global
US development and investment firm Related Companies has completed the final closing of its US distressed assets fund with equity commitments of $825m.
IERET pays down debt
1/26/2012 8:27:00 AM Property Week Global
Invista European Real Estate Trust (IERET) has repaid €11.3m to its senior lender, Bank of Scotland, to avoid paying increased finance costs.
D-day for €2.3bn of Euro debt
1/20/2012 Property Week Global
Fitch warns of 2012 timebomb for loans taken out at height of boom
Capita Symonds unveil office and retail scheme Kampala Tower
1/20/2012 Property Week Global
Plans for Africa’s tallest tower in the Ugandan capital of Kampala were unveiled this week.
Swiss buyer for German portfolio
1/20/2012 Property Week Global
Corestate Group, the Switzerland-based private equity investor, has bought a €230m German residential and office portfolio.
Corestate Group buys €230m German portfolio
1/17/2012 10:33:00 AM Property Week Global
Corestate Group, the Switzerland-based private equity investor, has bought a €230m German portfolio residential and office portfolio.
deVere Group to open Lisbon office
1/16/2012 9:28:00 AM Property Week Global
The deVere Group has announced plans to open a new office in Lisbon, Portugal next month.
Regional banks quit property lending
1/13/2012 Property Week Global
Clydesdale and Yorkshire banks close doors to new lending and aim to sell £300m loan book
Henderson bets on ‘star’ German sheds
1/13/2012 Property Week Global
Henderson Global Investors has raised a further €90m of equity for its Henderson German Retail Income Fund.
John D Wood debuts in Egypt
1/13/2012 Property Week Global
John D Wood, the 140-year-old Mayfair-based property services firm, is expanding overseas for the first time by opening an office in Egypt.
US private equity’s $3.5bn war chest
1/13/2012 Property Week Global
Two US private equity houses have amassed $3.5bn to spend on property.
Grosvenor buys in France
1/12/2012 12:29:00 PM Property Week Global
Grosvenor has bought a retail complex in north-east France for €30m.
Savills extends German reach with BNP Paribas Real Estate team
1/11/2012 9:25:00 AM Property Week Global
Savills has grown its German business by opening a new office in Cologne, which will be staffed by a five-strong team it has poached from BNP Paribas Real Estate.
Blackstone JV in $1.4bn shopping centre deal
1/11/2012 8:54:00 AM Property Week Global
A joint venture between private equity firm Blackstone and DDR Corporation has agreed to buy a $1.4bn portfolio of 47 US shopping centres.
Axa prepares €2.5bn European development spree
1/9/2012 9:30:00 AM Property Week Global
Axa Real Estate Investment Managers is preparing to spend up to €2.5bn on developments across Europe, after raising €588.5m for its European Development fund.
RREEF rolled into Deutsche sell-off
1/6/2012 Property Week Global
The world’s second-largest property fund manager is likely to change hands this year, as Deutsche Bank puts its €400bn asset management business up for sale.
Hyde Park grows new hedge fund
1/6/2012 Property Week Global
A Hyde Park-based hedge fund has set up a vehicle to invest in European property debt and preferred equity.

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