Property Week articles

Recent articles from Property Week

Kilmartin in crisis talks with bank: Scottish property company in negotiations with Bank of Scotland.
June 12, 2009... SCOTTISH PROPERTY GROUP KILMARTIN, WHICH has had its net asset value wiped out by the property crash, is in crisis talks with lender and 50%-owner Bank of Scotland Corporate. Property Week has learnt that Kilmartin Holdings, once one of Scotland's largest property companies, had a net...

Criterion Capital is to set up a souvenir retailer, Cool Britannia, to trade out of its london Piccadilly unit, following the Crown Estate's decision to refuse permission to let the 23,000 sq ft store to discount retailer TK Haxx.(Brief article)
June 12, 2009... Criterion Capital is to set up a souvenir retailer, Cool Britannia, to trade out of its london Piccadilly unit, following the Crown Estate's decision to refuse permission to let the 23,000 sq ft store to discount retailer TK Haxx. Asif Aziz's Criterion had vowed to fight the Crown's veto of...

Planners sit on fence in latest twist at Chelsea Barracks: officials unlikely to make recommendation on Qatari Diar's controversial plans.(News)
June 12, 2009... THE TORTUOUS CHELSEA BARRACKS planning saga is to take another turn, as Westminster planning officers are set to decline to make any recommendation on Qatari Diar's application for a residential scheme. Property Week understands that Westminster officials have decided not to guide...

John Slade to quit DTZ.(News)(John Slade resigned from DTZ Residential)(Brief article)
June 12, 2009... John Slade, DTZ'S managing director of international investment, is thought to have resigned. He follows four DR directors: David Cuthbert and Kevin Hawthorn from the out-of-town team; and Rob Senior and John Guise from the central London team, who all resigned last week to set up their...

Beacon raises $2.1bn for value-add fund.(News)(Beacon Capital Partners)(Brief article)
June 12, 2009... US REAL ESTATE FIRM BEACON Capital Partners has raised $ 2.1bn of equity for a value-add office fund to invest in nine cities across the globe. The Boston-based firm raised the cash from 98 investors in Europe and the US, amid a tough fundraising climate. Documents filed with the US...