All Property Week articles in 10 September 1999
View all stories from this issue.
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Insight
Short-term solution
Regus s impending flotation has put the issue of short-term lets at the top of the industry s agenda. But calculating the extra rent can be as reliable as gaming in Monte Carlo. David Lawson reports on attempts by Jones Lang LaSalle to create the first reliable pricing model
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Markets
Planning
Interest has focused on two of the priority regeneration areas Harbourside and Temple Quay. Harbourside will see the completion next spring of the Millennium Partnership-funded Wildscreen@Bristol and Explore@ Bristol projects. More that £40m of Millennium Commission funding has been injected into the two science and wildlife-based leisure attractions. ...
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Markets
Spaced out
Bristol remains a popular destination for developers and occupiers alike, but where will the next opportunities come from? Tony Watts talks to local agents, and investigates whether land supply is as tight as they maintain
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Markets
Out-of-town offices
Crest Nicholson s proposal to develop 20 of the 23 acres remaining at Bristol Parkway North for residential instead of offices is significantly reducing land available for office development. This comes at a time when availability of completed offices is at a record low for the last 15 years ...
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News
WSP to make move into property management
WSP, one of the three key multidisciplinary consulting engineering firms, is planning to follow in its rival WS Atkins' footsteps by buying a property management business. In the wake of WS Atkins' £50m acquisition of Lambert Smith Hampton in June, WSP managing director Chris Cole said this week ...
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Markets
Leisure
The most significant area in Bristol s leisure scene is potentially Harbourside. The proposed Crest Nicholson leisure-led Harbourside complex and JT Group s Waterside development, which is nearing completion, are set to significantly increase the city s leisure provision. Crest Nicholson s scheme has been redesigned and is at ...
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Markets
Industrial Second-hand need
The Greater Bristol industrial market is at its most buoyant, with more than 46,450 sq m (500,000 sq ft) of warehouse space completed or under construction this year restoring the supply levels seen in the late 1980s. Demand has been strong but it is not until now ...
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News
MEPC speeds push to increase its lot values
Jamie Dundas has intensified the push to increase the average value of lot sizes within MEPC s £3.3bn portfolio. This week the MEPC boss moved closer to selling a £200m chunk of the industrial properties that the company acquired when it bought out PSIT in ...
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Markets
Housing the young ones
An agent in Bristol has cornered the market converting unwanted buildings into accommodation for the city's growing student population. Tony Watts reports on the continuing success of the Unite Group
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News
Plans surface for new hotels
Plans to open four hotels in the north-west and the Midlands came to light this week. French hotel group Accor is to open two hotels at Abtec Properties The Piazza development in Manchester. Meanwhile, Holiday Inn International and Scottish & Newcastle have signed up to ...
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News
Good results help property outperform markets
Impressive interim results from Slough Estates and Hammerson and another strong performance from Land Securities helped property shares outperform the stock market last week. The Real Estate Index was up 0.8% to 2110, while the All-Share dropped to 2980 as worries about emerging inflationary pressures both ...
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Professional
When it's good to talk
Case Summary: Surveyors and solicitors involved in property management should ensure they have a clear channel of communication, argues Della Gilbert of Lovell White Durrant, highlighting the case of Fordgate Wandsworth Ltd v Bernard Neville & Co and Teacher Stern Selby
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News
TW gauges London prices
Kensington Green , Taylor Woodrow Capital Developments 300-home scheme, is acting as a barometer for the ever-rising house prices in prime central London. A five-storey town house, which sold for £1m in 1993 when new, re-sold last month for £2.25m. This compares with the ...
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News
Firms opt for safe West End
Benchmark Group, the specialist central London property company, is gradually turning its back on the City investment market. This week it exchanged contracts to buy Buchanan House, St James s Square, London SW1, for £38m. The deal is funded by its existing cash resources, which include £37.9m from the ...
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News
Rental growth to stay low despite good economic forecasts
UK Rental growth will remain low for the rest of this year and into 2000, GVA Grimley research reveals. The firm s Property Market Forecasts, released next week, predicts overall growth of 4% for 1999 and a similar figure for 2000. It is then expected to rise slightly to ...
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News
Diageo deal is a Landmark
Diageo, the drinks company formed from the merger of Guinness and Grand Metropolitan, this week finished restructuring its London property portfolio. Cendant Europe, QXL, GT Interactive Software and AEA/SOS International have, between them, taken 6,205 sq m (66,795 sq ft) at Diageo s Landmark House office in Hammersmith. ...
