All Property Week articles in 12 March 1999
View all stories from this issue.
-
Markets
Singing the same Toon
Offices next to a pub in Shakespeare Street may not sound encouraging, but the offices of Newcastle newcomers Gerald Eve are worth a visit. Not only might there be a chance to spot a visiting star emerging from the stage door of the Theatre Royal on the other side ...
-
Markets
Retail
Although the north-east has to be viewed in the context of the national economy, the region s unique spend culture makes it an attractive location for retailers. There is an unquestioned need to spend the disposable income left in many pockets because of the relatively low housing costs ...
-
Markets
Regeneration
In recent years, great strides have been made in the area of regeneration. Enterprise zones have provided tax relief and investment opportunities, overlapping with the Urban Development Corporations (UDCs) in their drive to change perception of an area and create new jobs. This co-ordinated effort has been particularly successful in ...
-
Markets
Planning
The bridges across the Tyne have always maintained a strong physical link between Gateshead and Newcastle, and now that link is being strengthened. Late last year, the authorities of Gateshead and Newcastle launched a partnership deal to build on the profile of their common boundary over the river. The respective ...
-
Markets
Offices
Several new office developments are planned for Tyne and Wear, particularly in Newcastle city centre. The trend is to bring highly specified office accommodation to prime locations, such as the prestigious office quarter planned for Gallowgate, along the new West Central Route, and the smaller office scheme within the ...
-
Insight
Value judgement
Globalisation and the launch of the euro will affect all firms involved in valuations, regardless of their size. David Lawson discovers how two Allsops partners are pushing valuation to the top of the agenda
-
News
Irish tiger still roaring
The Irish property market hit new peaks last year, according to GVA Grimley 's European Economic and Property Review. The report reveals that Ireland's fast-growing GDP 8% in 1998 created strong demand for space from the finance and IT sectors. Take-up in the Irish office market ...
-
Markets
Industrial
They say that figures never lie, and it is clear from the latest figures produced by Northern Development Company for the fourth quarter of 1998 that, while the number of jobs gained exceeds those lost, that is not where the story ends. Shift from manufacturing Of the reported job losses, ...
-
News
Industrial space rises for only the second time in six years
The amount of speculative industrial space has increased by 10% in the last four months according to the latest industrial floorspace survey from King Sturge . There is now 815,000 sq m (8.77m sq ft) of speculative space in England and Wales, which accounts for 7% of the total available ...
-
News
Retail rent increases should reflect trading
Retail rent increases should be based on the trading potential of the store under review, Gerard Finn, head of the Retail Rent Review department at Healey & Baker told a conference last week. Addressing the Shop Agents Society and Property Managers Association s gathering in London, Finn ...
-
Markets
H&M to open largest store in Newcastle
Swedish fashion chain H&M is to open its largest store in the UK in Newcastle. The 3,250 sq m (35,000 sq ft) store opens later this month at 36/42 Northumberland Street and will be one of H&M's top five European stores. The flagship store is part of H&M's ...
-
News
Merger mania to hit at MIPIM
Up to four UK surveying firms are using MIPIM to showcase their new liveries and structures following a string of mergers. Richard Ellis is the latest to merge this week it completed a merger with St Quintin. Insignia, Richard Ellis' parent, paid £20m, with a further £7.5m promised ...
-
Markets
MetroCentre inquiry opens in Gateshead
The public inquiry into Capital Shopping Centres ' proposed extension to Gateshead's MetroCentre has opened. CSC proposed to increase its size by some 10%, a move supported by Gateshead Council but opposed by a number of adjacent local authorities. The plans to create a further 35,300 sq m (380,000 sq ...
-
Markets
Leisure frenzy
The north-east is legendary for its nightlife, and developers are queuing up to build new schemes in the region.
-
News
Norwich Union forges link with Milner
Norwich Union has set up a £95m joint venture company with Milner Estates to help manage 10% of its shopping centre portfolio. Milner will manage five centres in Barnsley, Gloucester, Droitwich, Stevenage and Buxton. The properties currently generate £7.25m of rental income. The company will be jointly owned, with asset ...
-
News
Prices up on Furlong first-phase flats
A retired businessman who paid a 10% deposit on nearly a quarter of the flats available in the first phase of Furlong Homes Ocean Wharf development in London Docklands is remarketing them at 115% of the price. The Czech-American businessman, who invests friends money in London residential property, ...
-
News
Industry fights tax-dodge rule
The property industry has won its fight against proposed Treasury measures that would have delayed day-to-day deals. Property transactions were singled out in a consultative document for the General Anti-Avoidance Rule as an example of how companies construct deals to avoid capital gains tax. But they were left out of ...
-
News
Property the star by far
The Property Share Index outperformed the All-Share by more than 300% last week, rising 2.3% to 1869. The All-Share was up just 0.7% to 2846. Property shares are benefiting from the direct property market's improved outlook following interest in the proposed flotation of Canary Wharf and the prospect of ...
