02 June 2006

Property Week

View all stories from this issue.

  • ... but require ‘leap of faith' from investors

    02 June 2006

    The difficulty of securing a mandate and the lack of a transparent trading exchange have been identified as two of the biggest barriers preventing investors entering the nascent property derivatives market.

  • £2bn property swaps forecast for 2006

    02 June 2006

    The biggest champions of the property derivatives market are confident that the volume of trades will double to £2bn this year as banks and foreign hedge funds realise the benefits of investment in swaps.

  • 20-30-40-50

    31 May 2006

    Each week Ettie Neil-Gallacher meets a property figure from a different age bracket. Rikke Mikkelsen, 32, is head of investment at retail property specialist Hammond Phillips

  • A commonwealth of gold

    02 June 2006

    Scottish Rugby and Commonwealth Games sporting heroes joined the Scottish stars of property in Glasgow for the Scottish Property Awards 2006. Scotland rugby captain and Calcutta Cup victor Jason White, a string of medallists and comedian Ed Byrne were the stars of the sixth Scottish Property Awards on 17 May. Miller was named Developer of the Year while Byrne and BBC sports presenters Dougie Donnelly and Hazel Irvine entertained. The event, at the Glasgow Hilton, also raised more than ...

  • A five grand day out

    02 June 2006

    To Cushman & Wakefield's late spring auction last week at the BAFTA headquarters in London's Piccadilly.

  • Agency 2006

    02 June 2006

  • Agency 2006: UK professional firms compared

    02 June 2006

    Property Week’s annual survey of the UK’s top property services companies clearly shows the impact of the red hot investment market. As the good times continue to roll, respondents have reported an average increase in turnover of 16% since last year. How to continue the boom when the investment market cools off is the number one preoccupation for next year.

  • Ask Developments

    02 June 2006

    Ask Developments has revealed new images of its plan for its Central Spine site, which is being considered by the BBC in Manchester. The site, near the A57, is to host the 22 acre (8.9 ha) £850m Media Zone. Ask is seeking preferred developer status from the council.

  • BPF joins up

    02 June 2006

    Sir, The British Property Federation very much supports your campaign to expunge the cowboys from the agency market.

  • Brixton addresses council worries in new X2 plans

    02 June 2006

    Brixton this week resubmitted its planning application for its X2 two-storey warehouse scheme near Heathrow after its first application was refused.

  • Cambridge Place to float Euro company

    02 June 2006

    Crownstone to be listed with ex-Hammerson chief Spinney as chairman

  • Caption competition

    02 June 2006

    The Cluttons caption competition that I launched two weeks ago certainly captured your imagination.

  • Case news

    02 June 2006

    40 is the new 30

  • CIREF to develop £210m Newport shopping centre

    1 June 2006

    CIREF, the AIM-listed property investment and development company, has agreed to develop a £210m shopping centre in Newport, south Wales

  • City View: James Whitmore

    02 June 2006

    Three years ago DTZ chief executive Mark Struckett was forced on to the defensive when his company's share price was languishing at around 50p, valuing it at a paltry £28m.

  • Citygrove appoints senior property duo to team

    02 June 2006

    Citygrove, the developer co-founded by Toby Baines in 1990, has recruited two well-known property people to boost its management team.

  • Cornering shops

    02 June 2006

    CB Richard Ellis, the largest firm in Europe, bought Dalgleish last year, but which retail agent will be the next target for the big boys?

  • Crest Nicholson

    02 June 2006

    Crest Nicholson has secured Cranmer House in Chertsey as its headquarters. The developer purchased the freehold of the 10-year-old, 23,000 sq ft (2,137 sq m) building from Henderson Global Investors for an undisclosed sum. DTZ acted for Henderson.

  • Crossrail more important than Olympics, says mayor

    6 June 2006

    Mayor of London Ken Livingstone today launched a campaign with business and trade union leaders to promote Crossrail, the underground rail system linking east and west London that is anticipated to cost £11bn to build

  • Dawnay Day rises with further Euro retail purchases

    2 June 2006

    Dawnay Day Carpathian, AIM's biggest retail commercial property company, has completed a further €188m (£129.2m) of retail property acquisitions in central Europe

  • Derivatives destined for integral market role ...

    02 June 2006

    Property industry's fantasy trading game builds confidence in derivative instruments

  • Develica launches €1.25bn German fund on AIM

    02 June 2006

    Private property company Develica listed a €1.25bn (£857m) German retail and office fund on AIM this week.

  • Developers submit Euston and Victoria plans

    6 June 2006

    Some of the biggest names in property today submitted proposals to Network Rail to redevelop Euston and Victoria stations in London

  • Diary of… a rent

    02 June 2006

    Roger Sewell, head of landlord and tenant at Montagu Evans, takes us through his week

  • Don't get mad, get Eden

    02 June 2006

    Kingston upon Thames hopes Hammerson's £500m Eden Quarter will help arrest its retail decline.

  • EDAW to masterplan in east Manchester

    02 June 2006

    Cibitas Investments, New East Manchester URC and Manchester City Council last week appointed EDAW to lead a team that will masterplan an 84 acre (34 ha) site in east Manchester.

  • Enemies at the Gateway

    02 June 2006

    While a change of control at Croydon council has raised hopes of resolution at the key Gateway site, other developers are pushing ahead with schemes. Stuart Watson reports

  • Fifteen firms wait in wings for Exeter airport

    02 June 2006

    Devon County Council has drawn up a 15-strong shortlist, including property companies Castlemore and Peel Holdings, to buy the whole of Exeter International Airport with the adjacent Sky Park land.

  • Flexible design suits both landlord and tenant

    02 June 2006

    As central London's occupational markets pick up, beware the white elephant, says Paul Boden

  • Foreign investors double City property holding in 10 years

    02 June 2006

    But fragmented ownership raises long-term concerns, says DevSecs report

  • Frogmore's £1bn fund transition

    02 June 2006

    White's outfit seeks opportunities after raising cash

  • Games organisers reveal final Olympic Park masterplan

    7 June 2006

    The London 2012 Olympic Games organisers today unveiled the revised Olympic Park masterplan for the 500 acre (203 ha) site in Stratford

  • Gazeley's 1m sq ft Kent application

    02 June 2006

    Industrial developer Gazeley is to submit a planning application for more than half its 126 acre (51 ha) scheme in Sittingbourne, Kent.

  • German fund manager

    02 June 2006

    German fund manager Deka this week brought its building at 10 Stratton Street in Mayfair to the market with a guide price of £59m at a net initial yield of 4.25% as part of its disposal programme. The 41,000 sq ft (3,809 sq m) building is fully let to GVA Grimley until March 2015 at a rent of £64/sq ft (£688.90/sq m). Savills and CB Richard ...

  • Giant steps

    02 June 2006

    Staffordshire's industrial market is hot. While down in the West Midlands you may struggle to assemble a site, further north in Staffordshire, land is plentiful and developers are quickly gaining planning permission to boost supply.

  • Grosvenor UK chief Musgrave switches to lead Hines

    1 June 2006

    Stephen Musgrave is to join US developer and investor Hines in October as UK managing director after his departure from Grosvenor

  • Grosvenor UK chief Musgrave switches to lead Hines

    02 June 2006

    Developer goes ‘back to his roots' in replacing Philip Lewis at US group

  • Hanover square

    02 June 2006

  • Heron lands on City of London's Barbican tower

    1 June 2006

    Gerald Ronson's Heron International has been selected as preferred development partner for the largest residential-led development opportunity in the City of London

  • HML follows Erinaceous to mark

    02 June 2006

    A small property management company plans to replicate the success of Erinaceous this month by floating on AIM.

  • JLL hosts biggest auction of 2006

    02 June 2006

    Number two auction house puts Allsop under pressure for top spot

  • Keele University secures 70 acre campus extension

    02 June 2006

    Newcastle-under-Lyme council grants permission for third phase of campus and science park site

  • Lead Asset Strategies unveils Liverpool dock plans

    5 June 2006

    Lead Asset Strategies, chaired by Raj Basu, has today unveiled its plans for a £130m mixed-use development on Liverpool's waterfront

  • Liberty Land goes on €230m German spree

    02 June 2006

    Liberty Land, the UK-based property fund manager and investment adviser, has agreed to buy €190m (£130m) of German property.

  • Local wins 24-year land registration crusade

    02 June 2006

    The House of Lords has backed a campaigner who wants to register land near her home as a village green to protect it from development.

  • Lovejuice to splash out on 50 new UK stores

    5 June 2006

    Juice bar chain Lovejuice is to open more than 50 new stores around the UK after being given an injection of cash

  • LTA faces new court battle with Queen's members

    02 June 2006

    By demonstrating ownership rights, members hope to acquire tennis club at knockdown price

  • Malaysia Airlines embarks on surplus sale

    02 June 2006

    Malaysia Airlines is to sell its surplus property assets as part of a business recovery strategy.

  • Matrics reloaded

    02 June 2006

    In the latest of our monthly features on young property professionals, Ettie Neil-Gallacher reports on the RICS Matrics' annual conference in Belfast last month

  • Mayor's green targets ‘miss the point'

    02 June 2006

    Industry slams 20% renewable energy goal in revised London Plan

  • Morrisons to offload three Safeway legacy sheds

    02 June 2006

    Cost-cutting supermarket shortlists buyers for 40 acre Kent distribution site

  • Never mind the cost: charities benefit from paying full whack

    02 June 2006

    Sir, Your recent piece on advisers to charities (‘The goodies', professional + legal, 21.04.06), while well intentioned, confuses two important principles, which can work against one another if not clearly differentiated.

  • New mould for Terry's of York

    02 June 2006

    York-based developer Grantside has unveiled its proposals for the former Terry's chocolate factory site in York.

  • Nuclear fallout

    02 June 2006

    The government faces a legal challenge over its proposals to ‘fast track' new nuclear power stations through the planning system.

  • People

    02 June 2006

    This week's movers

  • Pharmaceuticals group prescribes JLL to portfolio

    7 June 2006

    Jones Lang LaSalle announced today that it has been picked by a worldwide pharmaceuticals group to manage all of its property

  • Planning

    02 June 2006

    Hopes for certainty in the planning system are wishful thinking

  • Planning appeals

    02 June 2006

    Chicken coup

  • Price is right for Cordea Savills fund

    02 June 2006

    Former Pillar Property finance director to become non-exec chairman

  • Professional advice

    02 June 2006

    This week, a defective title indemnity policy, court costs and liability for a lease assignee's actions

  • Professional takeovers look to be a tasty bet

    02 June 2006

    Our annual look at the world of agency (analysis + opinion, p29-p36) shows a sector in rude health, but not without its problems to resolve.

  • Quintain first to shun REIT conversion

    02 June 2006

    Vehicle will not suit regeneration specialist's business model

  • Recovery becomes a boom

    02 June 2006

    Restricted supply and economic climate sustain house price rises, says Milan Khatri

  • Retailers' out-of-town rent review plea

    02 June 2006

    Curry's, Matalan and Argos ask RICS to resolve arbitrator shortage

  • Royal Bank's second sale and leaseback

    02 June 2006

    Bank to market second UK-wide portfolio

  • Salford to slap family house quotas on new resi schemes

    02 June 2006

    Council is first to dictate mix and type of homes

  • Scottish Property Awards

    02 June 2006

    Scotland rugby union captain and Calcutta Cup winner Jason White (left) and BBC sports presenter Dougie Donnelly (right) were among the stars at the Scottish Property Awards on 17 May.

  • Scottish Widows launches property securities fund

    02 June 2006

    Scottish Widows Investment Partnership has launched a UK property securities fund.

  • Sentrum logs on to Croydon

    02 June 2006

    Global Switch founder Andy Ruhan's new venture, Sentrum, has secured its second site in the southern M25 corridor.

  • Slough Estates announces new chairman

    2 June 2006

    Slough Estates today announced the appointment of the long-term successor to its late chairman Sir Nigel Mobbs

  • Staffs + Shrops

    02 June 2006

    Keele University secures 70 acre campus extension Telford rail freight terminal to be approved The market in minutes Stoke means business USS and them Giant steps

  • Stoke means business

    02 June 2006

    Plans for a central business district in neglected Stoke-on-Trent could bring the city out of its decline.

  • Stop gambling: it's time to degear

    02 June 2006

    The investor's chronicle, with Matthew Oakeshott

  • Strettons' London event achieves 84% success rate

    02 June 2006

    Strettons hosted its most successful London sale since November 2003 last Monday, when 84% of a 120-strong catalogue went under the hammer, raising just less than £24m.

  • Surrey + London boroughs south

    02 June 2006

    Woking and Walton hit by large occupiers exodus Sentrum logs on to Croydon Crest Nicholson The market in minutes Don't get mad, get Eden Enemies at the Gateway

  • Teesland IOG acquires Swedish portfolios

    1 June 2006

    Teesland IOG has bought two portfolios of Swedish property for £24m, reflecting a net initial yield of 8.9%

  • Telford rail freight terminal to be approved

    02 June 2006

    Telford and Wrekin Borough Council, English Partnerships and the Ministry of Defence are set to approve the development of a rail freight terminal north of Telford.

  • Terrace Hill

    02 June 2006

    Terrace Hill has sold its 70,000 sq ft (6,503 sq m) office development in Swansea to private clients of GVA Grimley for £16.6m - a record low yield for Wales of 4.9%. The Welsh National Assembly has sublet the building to Admiral Insurance at £12.75/sq ft (£137.24/sq m). Lambert Smith Hampton and Knight ...

  • Text me maybe one more time

    02 June 2006

    Party Near the Park, Land Aid's night of musical mayhem, is nearly upon us.

  • The 10% rule will choke the UK REIT market

    02 June 2006

    Renegotiating international tax treaties is the only viable option, says Melville Rodrigues

  • The dam busters

    02 June 2006

    Black Tomato, the extreme travel company founded by three ex-City traders, struck gold with the bravest of the property boys.

  • The largest-ever ‘in the room' sale... nearly

    02 June 2006

    A presale offer ‘well in excess of guide price' prevented Cushman & Wakefield from executing the UK's biggest-ever commercial property lot sale ‘in the room' at its May auction last Thursday.

  • The London Borough of Redbridg

    02 June 2006

    The London Borough of Redbridge this week began a search for a developer for the £100m Unity Square scheme in Ilford. The 4.2 acre (1.7 ha) site will have 500 homes, a town square, replacement theatre, and retail and leisure. Drivers Jonas is acting for the council.

  • The market in minutes

    02 June 2006

    Sean McAllister gives you the lowdown on all the sectors across the region

  • The market in minutes

    02 June 2006

    Stuart Watson gives you the lowdown on all the sectors across the region

  • The Odyssey Pavilion

    02 June 2006

    The Odyssey Pavilion in Belfast, Northern Ireland's biggest leisure complex, is reportedly on the market for around £100m. Mar Properties founder Adam Armstrong is believed to be in advanced talks with Belfast-based Sheridan Group to buy the 200,000 sq ft (185,80 sq m) venue in the city's docklands. The complex's facilities include a 10,000 seat arena, cinemas, nightclubs, and pubs.

  • The older regeneration

    02 June 2006

    Sir, You state in your leader that regeneration hardly existed before John Prescott and 1997 (analysis + opinion, 12.05.06).

  • The worldwide wed

    02 June 2006

    Everyone knows about global agents' mega-mergers. But how have looser alliances fared?

  • Time for action

    02 June 2006

    Property Week's campaign to clean up residential estate agency is gathering support from outside and inside the property industry. For too long unregulated, unqualified cowboys have been a stain on the property world. Now the industry itself needs to say ‘enough is enough'. Here are a selection of your letters of support for our campaign.

  • Toast for the lawyers

    02 June 2006

    An invitation to lunch on a floor of an empty office building generally means one thing: a letting agent giving the hard sell over the canapés to lease the empty space.

  • USS and them

    02 June 2006

    Landowner and developer USS is reluctant to work with Telford's local council, delaying the town's development.

  • Westminster eyesore goes

    02 June 2006

    London's County Hall island block, one of the capital's biggest eyesores, is being demolished to make way for a £300m hotel being developed by Galliard Homes and Frogmore.

  • Woking and Walton hit by large occupiers exodus

    02 June 2006

    NTL, Unilever and Air Products on hunt for new headquarters after corporate shake-up


Sign in

Email Newsletters

Sign out to login as another user

Poll

Is the property strategy at Tesco going to change?

PropertyWeek Freelance