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Retailers call for lower business property costs | 21 Aug 2008

The British Retail Consortium (BRC) has called upon the government to help retailers manage the current economic climate by reducing business property costs.According to the organisation, chancellor Alistair Darling ought ......

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US bailout worries property markets | 20 Aug 2008

The possible bailout of two giant US mortgage lenders has added to fears markets are facing a lengthening credit crunch, it has been reportedThe US government could be forced to ......

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Hundreds after Dawnay Day's commercial property | 20 Aug 2008

There have been hundreds of enquiries for elements of Dawnay Day's portfolio, its administrator said.The defunct commercial property group has put its properties up for sale but would prefer all ......

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Prime commercial property "always in demand" | 19 Aug 2008

Prime commercial property will always be in demand, the British property Foundation has said.Its head of media, Andrew Teacher acknowledged a recent down turn in demand and expressed his concern ......

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Brixton reports dramatic loss | 19 Aug 2008

Brixton, the UK's largest commercial property owner has reported dramatic losses.The company said its net asset value per share fell 17.8 per cent despite positive rental returns.Chief executive Tim Wheeler ......

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BCC paints a gloomy picture | 18 Aug 2008

The British Chambers of Commerce (BCC) has painted a gloomy picture of the UK's economy.It suggested technical recession is possible as the economy is expected to fall into negative growth ......

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Lehman wants to sell its property portfolio | 18 Aug 2008

Lehman Bros. is in talks with potential buyer BlackstoneBlackRock regarding the sale of its vast commercial property portfolio, the Financial Times has reported.The US is looking to move on its ......

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Olympic media centre millions over budget | 15 Aug 2008

The London 2012 Games' media centre could be as much as £90 million over budget, a source close to its development has said.It is also possible more parts of its ......

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Cuts threaten 8m sq ft of London developments | 15 Aug 2008

Cuts across the City are threatening the development of up to eight million sq ft of office space, the Times has reported.Following confirmation by British Land (BL) it is to ......

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Capital & Regional provoke share surge | 14 Aug 2008

Property fund manager Capital & Regional has prompted a 12 per cent increase in its share price, telling investors it was planning to sell up.The firm announced it was considering ......

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