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Property 06/09/2010

17:46 : Afghan government tries to freeze shareholders' assets after run on bank - Shareholders in disgraced Kabul Bank banned from selling property, says central bank governorThe government of Afghanistan is attempting to freeze the assets of some of the shareholders of Kabul Bank, the disgraced financial ...
Source : guardian-co-uk

Property 05/09/2010

04:47 : China fund pushes for Walkie-Talkie stake - China's biggest sovereign wealth fund is in talks to buy a stake in one of London's tallest skyscrapers being developed by Britain's largest property company.
04:47 : Boom...or bust: Is China heading for big trouble? - A surge in bank lending. A speculative rush to buy houses – not just second properties, but third or fourth homes. Soaring property prices. Banks hiding the loans off their balance sheets. Surely it could not be happening again' And not ...

Property 04/09/2010

23:13 : Nathan Kirsh pledges to oust Minerva bosses - Nathan Kirsh will continue his battle to oust the chairman and chief executive of the property developer Minerva, even if other investors reject his plans at this week's emergency shareholder meeting.
Source : telegraph-co-uk

Property 02/09/2010

13:04 : China Vanke says Aug property sales up 149 pct on yr - BEIJING, Sept 2 (Reuters) - China Vanke , the country's largest listed developer, said on Thursday preliminary estimates showed that price cuts boosted its property sales in August by 149 percent from a year ago.
Source : reuters-com
12:13 : Detached homes put on £91 a day - The average price of a detached family home has risen by more than any other property type over the past year. According to new research from Halifax, owners of detached properties saw the value of their homes increase by £91 ...

Property 01/09/2010

06:14 : Knight Frank bucks market trends to acquire Irish FM company - PROPERTY consultancy Knight Frank Ireland (KFI) has acquired Dublin-based property, asset and facility management firm Most Commercial Management in a share swap deal in which no cash has changed hands and ...
Source : independent-ie

Property 31/08/2010

01:31 : China should act if property market defies cooling -state paper - BEIJING, Aug 31 (Reuters) - The Chinese government's efforts to curb price rises in the property market are beginning to work, and if the market defies cooling efforts officials should impose more measures, the nation's top official paper ...
Source : reuters-com

Property 29/08/2010

03:57 : S.Korea to ease some housing market regulations - SEOUL, Aug 29 (Reuters) - South Korea said on Sunday it would ease some mortgage borrowing restrictions for low income earners buying homes for their own dwelling as part of steps aimed at boosting the languid property ...
Source : reuters-com

Property 28/08/2010

08:57 : Rightmove recovers with profit up 40pc - Rightmove, Britain's biggest property website, reported a 40pc rise in first-half profit and said it doesn't expect a slowdown in house prices to hurt its performance for the rest of the year.
Source : telegraph-co-uk

Property 27/08/2010

18:46 : Rightmove site attracts record interest despite uncertainty in property ... - Rightmove profits soar as record numbers of house hunters hit property website in first halfProperty website Rightmove is attracting record numbers of house hunters despite the uncertain Housing market|housing ...
Source : guardian-co-uk
13:27 : Rightmove profits climb as more home buyers search site - Rightmove, Britain's biggest property website, reported a 40pc rise in first-half profit and said it doesn't expect a slowdown in house prices to hurt its performance for the rest of the year.
Source : telegraph-co-uk
09:38 : Rightmove H1 beats market view - LONDON (Reuters) - Rightmove , the country's most visited property website, posted 40 percent higher first-half profit, beating analysts' expectations, as more homebuyers and sellers used its site to navigate what remains ...
Source : reuters-com
06:04 : ING to sell its stake in Canadian property portfolio - ING announced today that it has agreed to sell its 50% stake in ING Summit Industrial Fund LP ("Summit"), a Canadian light industrial property portfolio to a joint venture between KingSett Capital and Alberta Investment Management ...

Property 26/08/2010

21:24 : Property props up UK spending - In the US, Ireland and Spain, the housing market is in freefall. Here, it isn't, and that's why Britons are still shopping - for the momentHow are the doomsayers going to explain this one? High street spending ...
Source : guardian-co-uk
20:18 : France may struggle to raise cash in property sales - PARIS, Aug 26 (Reuters) - The French government's drive to raise badly needed funds by selling a chateau, sumptuous villas and a host of other state-owned properties may not be going as well as expected.
Source : reuters-com
11:42 : Savills boosted by Asian and London demand - The international real estate consultancy has bounced to solid profit again on the back of recovery in London residential markets and the continued property boom in Asia
Source : ft-com
10:15 : Standard Life backs Minerva after calls to oust management - Standard Life Investments has criticised billionaire South African investor Nathan Kirsch over his calls to oust the chairman and chief executive of London property developer Minerva, according to the ...
Source : citywire-co-uk
08:24 : Minerva investor Standard Life backs management in battle with Nathan ... - Standard Life has given its backing to the management of property developer Minerva, which is battling with its largest shareholder over who should run the company.
Source : telegraph-co-uk

Property 25/08/2010

22:55 : The problem of attracting unwanted attention - Analysts talk of Minerva, the niche London property developer, as a 'binary' company – one good deal could make it look attractive again by instantly boosting net asset value
Source : ft-com
22:55 : Standard Life backs Minerva - One of Minerva's largest investors hits back at Nathan Kirsh's attempts to dislodge members of the London property developer's board, ramping up a war of words surrounding the indebted group
Source : ft-com
20:34 : Johnston buoyed by property ads - British property classified advertising at Johnston Press rose an average of 12.7 per cent in the first half of the year and the rate of decline in other revenues slowed, the publisher's chief executive said
Source : ft-com
15:56 : Egypt SODIC aims for Allegria deliveries in October - CAIRO, Aug 25 (Reuters) - Egyptian property developer SODIC hopes to start delivering units in its flagship development Allegria in October and deliver 800-900 units there over the next 12 months, its chief financial officer said on Wednesday.
Source : reuters-com

Property 24/08/2010

22:17 : Persimmon reinstates half-year dividend after soaring profits - Healthy sales have restored the building company's confidence in the property marketPersimmon, one of Britain's biggest housebuilders, has restored its half-year dividend after reporting a surge in profits.The move indicates ...
Source : guardian-co-uk
09:00 : Minerva hits back at rebel investor claims over debts - Property developer Minerva hit back at claims from rebel shareholder Nathan Kirsh that the company has a "terrifying" level of debt, saying the accusations are designed to disguise his attempt to take control of the company.
Source : telegraph-co-uk
06:49 : Fight for control of Minerva gets nasty as EGM date approaches - The row between property group Minerva and its biggest shareholder, KiFin escalated yesterday when the company hit back at its rebel investor, accusing it of lying to other backers ahead of next month's emergency general ...

Property 23/08/2010

12:57 : CSR climbs despite escalation of Broadcom patent dispute - A patent dispute between chip designer CSR and US rival Broadcom seems to have escalated.CSR said today that Broadcom had added extra patents to its case, which involve a business recently bought by CSR, ...
Source : guardian-co-uk
10:38 : More Tightening Underway in China - Rebounding house prices are not the kind of data Chinese policymakers are happy to see after four months of tough policies for the property marketDan Su reports...
Source : hemscott-com
08:34 : Grainger and Moorfield create Sovereign Reversions joint venture - Residential property manager Grainger has structured a joint venture between equity release business Sovereign Reversions, which it bought earlier this month for £34.6 million, and property ...
Source : citywire-co-uk

Property 22/08/2010

22:25 : Rebel investor Kirsh accuses Minerva of 'dirty tricks' - The rebel investor in Minerva has accused the property company of a "dirty tricks" campaign against him in a forthright letter to non-executive directors.
Source : telegraph-co-uk


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