Paper Round: Housing price growth 'slowing but stable'

House price growth ‘slowing but stable’

The weekend FT reports that the housing market is slowing, with monthly rates of growth that are half those of a year ago, according to the FT’s house price index.

Segro paves way for spin-off of assets

Segro, the former Slough Estates Group, has begun a review of its structure in a move that could result in key assets being spun off into separate funds, the weekend FT reports.

Protests over plans to destroy St Petersburg"s architectural heritage with giant skyscraper

Over 2,000 people gathered in the centre of St Petersburg to protest against the construction of the 320m Gazprom tower, according to the Independent on Sunday. The tower, designed by RMJM, is thought to threaten the city’s status as a Unesco World Heritage site.

£3m Olympic salaries

The Times on Saturday said that the salary bid for the bodies overseeing the London 2012 Olympics has topped £3m, according to a Channel 4 Dispatches programme to be screened tonight.

Green light for old Middlesex Hospital plan

The Times on Saturday said that Candy & Candy had won planning permission for the site of the old Middlesex Hospital, which will provide residential, offices and retail space within a £1bn.

Cameron to offer green tax cuts

The Sunday Times said that Tory leader David Cameron is proposing to offer tax cuts worth thousands of pounds to householders who make homes more energy efficient.

Kenmore Homes bought by Gubb

The Sunday Times said that property fund Highcross has bought developer Kenmore Homes for around £20m

Real estate faces £10bn loss of value

The Sunday Telegraph said that property agent CB Richard Ellis is to wipe up to £10bn off the value of the UK’s commercial property market when it carries out its quarterly valuations at the end of this month.