All Property Week articles in 1 April 1999
View all stories from this issue.
-
Markets
Tamworth storage
Wincanton Distribution has instructed Aitchison Rafferty to sub-let a 3,225 sq m (34,715 sq ft) chilled storage depot at Lichfield Road Industrial Estate in Tamworth. The depot, which was built on a 0.98ha (2.42 acre) site in the early 1980s, will be vacated when Wincanton relocates to Gloucester in June. ...
-
Markets
Staffordshire
As a region, Staffordshire has had more than its fair share of problems. The north of the county in particular has suffered from poor road infrastructure, which has discouraged interest from distribution companies. In addition, the pottery industry has declined, following in the dismal footsteps of the coal industry ...
-
Markets
Planning
The West Midlands Regional Guidance, which covers Staffordshire and Shropshire, seeks to move towards a better balance between housing and employment so that jobs are provided near where people live. Staffordshire has produced a draft Structure Plan, which aims to meet that objective. In the north Staffordshire conurbation there is ...
-
News
More MEPC valuations portfolio
MEPC is to follow the lead set by Capital Shopping Centres and Grantchester in commissioning external valuations of its portfolio at the half-year stage. The first interim valuation will be for the period to 31 March 1999, which will be published in June. This practice will be ...
-
Markets
Kingston & Richmond
There is healthy demand for offices in Kingston and the surrounding areas, but rent levels are now lagging behind other nearby M25 locations, including Richmond. Also, there is a shortage of stock to meet the demand, yet there are no new developments in the pipeline. The main reasons for this ...
-
News
Littlewoods stays put as M&S keeps looking
Lend Lease has extended a legal agreement to relocate Marks & Spencer into its £150m Dundee shopping centre for another year. The decision was sparked by Littlewoods unwillingness to surrender its lease at Overgate, a 1960s centre largely demolished by Lend Lease last year. When Lend Lease ...
-
Markets
Offices & industrial
The south London office market has experienced gradual take-up of accommodation over the past 12 months, although the level remains at a lower rate than has been seen in recent years, largely as a result of the shortage of Grade A supply in the area. The supply of office space, ...
-
Professional
Getting on track for railway surveying
The rail estate Project management in this environment poses particular challenges for building surveyors and brings them into contact with new disciplines Planning solutions need to be fast, cost-effective and maintenance-free without jeopardising safety management
-
Insight
That Friday feeling
Closing multi-million-pound deals is stressful, but high-flying property executives are finding new ways to take the strain. This week: how Helical Bar deals with property pressures. Photographs by Daniel Thistlethwaite
-
News
Housebuilders face upheaval with new planning guidance
Last week the Government published radical new planning guidance that will introduce the sequential test for housing developments. This report explains how PPG3 will affect housebuilders
-
News
Lend Lease expands HQ...
Lend Lease , the Australian financial services group which holds a 25% stake in the Bluewater shopping centre, is to expand its HQ in London s West End. Lend Lease is understood to be taking 3,250 sq m (35,000 sq ft) at the refurbished art deco Adelphi building on John ...
-
Markets
Plugging gaps in a local economy
Every so often, you come across something and think Wow, that s neat. I wish I d thought of it . But it s very unusual to find something and think Blimey, I did think of that . Alan Hay s explanation of how Alaska Estates ...
-
News
Shares still on the down side
Property shares failed to bounce back last week after the sharp falls of the previous week. The Property Share Index marginally underperformed the overall stock market, dropping 0.7% to 1879, compared with the 0.4% fall in the All- Share to 2835. The previous week property shares slumped by 4%. There ...
-
News
Portfolio puts new deals in the Frame
Portfolio Holdings has completed its first two deals since Apollo Real Estate and Roger Orf s Pelham Partners took control in February. The company has linked up with Frame Investments to redevelop the Eaden Lilley department store in Cambridge after securing a pre-let with Borders Books for a ...
-
Markets
Food park gets cooking
A factory of 6,000 sq m (64,580 sq ft) in Fradley Park, near Lichfield, could lead to the emergence of the Midlands first business park specialising in food processing. Floreco, a joint venture between the locally based Williams Partnership and French food processor Soleco, is spending £12m on ...
-
News
Knight Frank commits new team to Europe
Knight Frank is planning an aggressive assault on the European investment market with the launch of a new European investment department. The dedicated 33-strong team will be headed from the London office by Andrew Sim, currently a West End development and investment partner. The company hopes to have ...
-
Markets
CNT designates small plots for self-build
The Commission for the New Towns has begun marketing small industrial plots at Hortonwood 66 and Halesfield 7 in Telford at £346,000/ha (£140,000/acre). CNT land sales director Elwyn Jones said many expanding companies in Telford wanted to move out of leased premises and build factories that met their specific requirements. ...
-
Markets
Clinging to the coal pit
Vast areas of redundant industrial land in north Staffordshire are earmarked for redevelopment, but oversupply and unrealistic prices could be deterring investors. This report examines the options for bringing the area back into use
