All Property Week articles in 11 June 1999
View all stories from this issue.
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Markets
Worcestershire
Generally, the commercial property market in Worcestershire is holding up well, with a flow of serious enquiries across all sectors. Good industrial units, offices and retail outlets are all in strong demand, but supply is restricted. There is a mixed office market at present. Larger city centre suites are becoming ...
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Markets
Warwickshire
When Warwickshire agents are asked about the local market, it is likely that a rather confusing response will be given. On the one hand it will be said that there is strong demand particularly in the industrial, office and investment sectors, but on the other hand, the agents will be ...
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Markets
Worcester source
Worcestershire has been losing out on inward investment for years but a new initiative seeks to make up for lost time.
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Markets
Planning
The Warwickshire Structure Plan Examination in Public finished recently. The main issues related to housing numbers and the distribution of housing within the county. The representative of the Government Office gave a clear steer towards meeting the regional guidance housing figures. In practice, the allocations in existing local plans largely ...
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News
Pavilions sold
Niche property investment company Chainbow has teamed up with GE Capital to buy the Pavilions shopping centre in Waltham Cross, Hertfordshire, for £15.65m. The deal with Hampton Trust was struck at a net initial yield of 7.5%. It is understood that GE Capital and Chainbow captured the ...
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Markets
Oxfordshire retail
Change appears to be the key word in the retail market in Oxford city centre. Change! It will be terrific without the traffic is the slogan Oxford City Council has adopted for the Oxford Transport Strategy that is being implemented. It will lead to the pedestrianisation of Cornmarket ...
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Markets
The rural office market
For many years, the planning policy for commercial development in Oxfordshire has been one of restraint and protection of the Countryside . For this reason, most developments have been concentrated in the four county towns of Banbury, Bicester, Didcot and Witney. Apart from on the former airbases, development has generally ...
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Markets
Mind your Manors
Leisure operators are queuing up to get into Oxford but where is there for them to go?
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News
Office worries in Manchester
Fears are growing that the south Manchester office market is nearing capacity, following the award of detailed planning consent for Taylor Woodrow Property's Christie Fields Office Park development. The consent is for 18,580 sq m (220,000 sq ft), raising concern among agents that the area could suffer competition as ...
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News
West Midlands lands this year's largest pre-let
The West Midlands distribution market has claimed the largest pre-let of the year at Hams Hall, ProLogis Kingspark and bp Pension Fund's Birmingham distribution park. Wincanton Logistics has taken 24,530sq m (264,000 sq ft) of fully automated warehouse space at £53.82/sq m (£5/sq ft) on a 25-year lease. Wincanton ...
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Insight
The virtual property industry
British businesses are closing the gap on their US peers in their use of the internet, the Department of Trade and Industry announced last month. In just two years, the number of UK businesses with web sites has doubled and buying and selling on-line has trebled. Even the traditionally conservative ...
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Markets
Oxfordshire industrial
The main feature of the Oxfordshire industrial market is the scarcity of stock. This scarcity is, however, now encouraging new developments across the region. Banbury has seen a considerable amount of development, focused at junction 11 of the M40. Barwood Developments has bought a further 3ha (7.4 acres) fronting the ...
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News
H&M makes impression
H&M Hennes, the Swedish fashion retailer, completed deals last week to become a major space user in two shopping centres under construction. It has taken 2,550 sq m (27,500 sq ft) in Lend Lease s Overgate, Dundee on a 25-year lease the third H&M in Scotland. ...
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News
Sheffield makes most of industrial heritage
Sheffield became the latest city to enter the prime residential investment market last week, thanks to a scheme that received a £2.4m grant from English Partnerships . Residential investor Pemberstone has bought a third of Cornish Place, Gleeson s redevelopment of a former cutlery factory on the banks ...
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Insight
Munk's new habit
Canadian property giant TrizecHahn last year traded in its entire US retail portfolio so that it could focus its attention on Europe. Christine Eade talks to its septuagenerian gold-baron chairman, Peter Munk
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News
Marks sparks scrap with Gyle rent reviews
Retailers in prime spots at Marks & Spencer 's Gyle shopping centre in Edinburgh are facing rent hikes of up to 100% as the first tranche of rent review arbitration decisions come to a close. It is understood that of the 11 retailers that have taken the rent reviews to ...
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Insight
Weighing up the net gains
Not content with building concrete malls, one US real estate company is investing in a virtual mall. Friend or foe, landlords ignore the internet at their peril.
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Professional
Raven flies free
Fighting a negligence claim can take over your life and business for years. Christine Eade examines the case of Chigwell surveyor Norman Raven, who has finally cleared his name in the High Court after a five-year battle.
