All Property Week articles in 12 February 1999
View all stories from this issue.
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Markets
York
The second half of 1998 witnessed increased activity in the York office market. More demand, coupled with a lack of good-quality product, is now putting upward pressure on rents. Increased rental values have been evident on developments that have been speculatively built. Clifton Park, a high-quality out- of-town development by ...
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Markets
South Yorkshire
While prospects for the national economy have been somewhat clouded over the past year, the commercial property market in south Yorkshire has been quite buoyant. It has become increasingly fashionable to adopt a gloomy view of the future, and while prudence and caution are always well advised, it would seem ...
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Markets
Shifting sands
Traditionally between a rock and a hard place, Blackpool's economy looks set for illumination as property investors prepare to go the extra mile.
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Markets
West Yorkshire retail
In this climate of press reports emphasising tough trading conditions, non-existent Christmas sales and the onset of full-blown recession, retail agents could be forgiven for packing their bags and taking the next year off on holiday. Fortunately, the high level of market activity in Leeds and the surrounding towns and ...
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Markets
Regeneration
Paul Barber, regional director of English Partnerships, looks back at EP's achievements in the region
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Markets
Planning
The change in government policy to restrict out-of-town shopping is having a marked effect on the nature of retail proposals. However, there is still significant floorspace coming on stream from earlier approvals and some additional out-of-town schemes are being promoted. Among the recent developments is the McArthur Glen factory outlet ...
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Insight
Refined partners
Amid a frenzy of mergers in a poorly performing oil industry, BP and Amoco joined forces on New Year's Eve to form the largest company based in the UK. We spoke to Richard Paver and examine just how the new oil giant will consolidate its considerable property holdings
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News
UK opening for Sotheby's
Sotheby's International Realty opened in London last week, 23 years after Sotheby's in New York first started buying and selling homes. Paul Taylor, director of the Sloane Street office, explained that the US parent company had delayed its London debut because of the difference between selling houses in the US ...
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Insight
Striking it lucky
Citex's Oliver Jones talks to us about outsourcing opportunities, post-merger
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Markets
Long-term option
Office occupiers would be wise to plan well ahead as there is a lack of HQ schemes available and an 18-month waiting list for new build. But thanks to Yorkshire's extensive motorway network, out-of-town locations are becoming increasingly viable options.
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Markets
West Yorkshire leisure
The leisure market in Leeds is very active but appears to have reached a peak. The rate of growth for licensed premises is beginning to slow, although opportunities will remain for new and innovative operators offering well run, adequately financed operations for the huge night-time market. On the Headrow, plans ...
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Markets
Leeds offices
Demand for new space in Leeds' prime core is strong, and consequently an out-of-town market is following. After deals that re-established headline rents at around £204/sq m (£19/sq ft), there are even signs of potential rental growth. On analysis of the year's take-up figures, 1998 looks to have been the ...
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News
NatWest sells lots to refocus its portfolio
NatWest Group Property is to dispose of 2.2m sq ft of property as part of a programme to rationalise its entire portfolio. Most of the properties will be sold over a three-year period and will include high-profile central London offices as well as processing centres and branches. The list of ...
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News
Writs issued over Telford
Investors in Richardson's £30m Telford enterprise zone property trust have issued writs against sponsors Richard Ellis and Johnson Fry after losing more than £21m. The coalition, called the Telford Trust Action Group, claimed the agents misled investors. More than 900 investors spent between £500 and £500,000 each on two properties ...
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Markets
West Yorkshire industrial
Looking back at the warehousing and industrial property market in West Yorkshire, it is noticeable that rents have not risen significantly since the boom period of 1989-90. That is why, in the current market, rents look particularly cheap, both in real terms and relative to other costs. A new warehouse/distribution ...
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News
REIT price slump hits SC
Security Capital, the US-based property research and operating management company, revealed this week that its 1998 figures were hit by depressed share prices in the US. Total EBDADT (earnings before depreciation, amortisation and deferred taxes) for 1998 were up from $1.66 to $1.72 a share. But fourth-quarter earnings were down ...
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Markets
NSPCC sells its regional headquarters in Leeds
The NSPCC has sold its former regional headquarters at 10 Woodhouse Square, Leeds, and taken leases on two properties. This will enable the association to divide its operations. In place of the 600 sq m (6,461 sq ft) building at Woodhouse Square, the NSPCC has leased 557 sq ...
