Today's top property stories from EGi

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Value for money commercial property - LandSecurities

Paul Raymond's will revealed

The pornography tycoon and property magnate Paul Raymond has bequeathed nearly £75m to his two granddaughters - but his son Howard will receive nothing. ...>

Valuers invoke uncertainty clauses

Uncertainty clauses are becoming increasingly common in commercial property valuations, says PricewaterhouseCoopers. ...>

PwC sounds ghost-towns warning

One in five shops could be "void" by the time the economy picks up again, PricewaterhouseCoopers (PwC) has warned. ...>

City expects LandSec to put demerger on ice this week

Land Securities is expected to put its plans to demerge on ice this week. ...>

Candy brothers strike deal with Qataris

The Candy brothers' Qatari backer has acquired an option to take full control of Chelsea Barracks. ...>

VOA errs on pub rates

The Valuation Office Agency (VOA) has blamed wrong advice for a situation that has led to pubs paying business rates that are too high. ...>

Hedge fund looks for Redrow stake buyer

Toscafund Asset Management is believed to be attempting to dispose of its 27% holding in Redrow. ...>

Naghshineh hires CBRE to value Woolworths property

Ardeshir Naghshineh has hired CB Richard Ellis to make an independent valuation of Woolworths' property portfolio. ...>

Radical social housing shake-up in the offing

The new housing minister is considering what The Times describes as the most radical shake-up of the housing system for decades to ensure those who deserve council homes get them. ...>

'Barking' Ritz valuation queried

The Times questions the valuation put on the Ritz Hotel in Ellerman Investments' 2007 accounts filed last week. ...>

Cargo handlers disputes VOA assessment

North-West Trading is disputing the Valuation Office Agency's rating assessment on warehousing in Birkenhead. ...>

RICS housing survey tipped to show further fall

The Royal Institution of Chartered Surveyors' monthly housing market survey is tipped to show its gauge of house prices has drop from minus 84 in September to minus 90 last month. ...>

Taylor Wimpey and Grainger among biggest climbers

Taylor Wimpey and Grainger were among the biggest climbers on the stock market last week in percentage terms. ...>

S&P downgrades Countrywide

Standard & Poor's has downgraded Countrywide's credit rating. ...>

Stamp duty abolition is one of Darling's options

A provision for abolishing stamp duty could be one of the options chancellor Alistair Darling considers for his pre-Budget report due in the next fortnight, according to speculation in The Daily Telegraph. ...>

Downturn hits property firms hardest, surveys show

A series of quarterly surveys by The Daily Telegraph and the PricewaterhouseCoopers Turnaround Directors Panel has found property companies remain hardest hit by the downturn. ...>

Subway on a roll

Subway aims to have 2010 stores in the UK and Ireland by 2010. ...>


Value for money commercial property - LandSecurities
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