All Property Week articles in 19 February 1999
View all stories from this issue.
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News
SDG shift at Spitalfields
Insignia Richard Ellis and BH2 have been appointed letting agents on Spitalfield Development Group s long-running 280 Bishopsgate scheme. The new appointments replace St Quintin and CB Hillier Parker who were SDG s agents for three years. However, St Quintin will become involved when its merger with Richard ...
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Markets
No rest for the traveller to the Thames Valley
Hotel rooms in the Thames Valley are about as easy to get as intensive care beds in NHS hospitals. This is extraordinary given that the USP of the area is its proximity to Heathrow. Despite extensive development of offices in the M4 corridor in the past 10 years, almost no ...
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Professional
So, why do you want to work in property?
Recruitment The threat of an economic depression may lead to cuts to the training budget, hindering the influx of fresh talent in the property industry Highly-qualified candidates are lured away by the ‘bright lights’ of law and accountancy or frustrated by the restrictive prerequisites ...
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Markets
Planning
Berkshire as a county authority no longer really exists. Most of the district councils are now unitary authorities that sometimes work together under an umbrella organisation. Having said that, the Berkshire Structure Plan still exists and is used as a strategic policy document, particularly regarding housing allocations. Berkshire still has ...
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Markets
Slough offices
Following significant investment over the last decade and an influx of major companies, Slough has now almost shaken off its reputation as an industrial location. The resistance expressed by some occupiers, which previously considered Slough to be such a location, has been sharply reduced, as numerous statistics demonstrate. The town ...
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News
New team at Standard Life
Standard Life Investments has totally restructured its property investment team following the departure of Niall Lindsay, who headed the office and business space team. Lindsay, who left to become a director at Chartwell Land , is to be replaced by Francis Salway, head of fund management and research, who ...
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Markets
Sqribe takes floor at Waterbridge's office
Waterbridge Group has let 325 sq m (3,500 sq ft) on the fourth floor at its refurbished offices at 308/314 Kings Road, Reading, to Sqribe Technologies at £172/sq m (£16/sq ft). Fryer Gilbert & Jepps acted for the landlord and Lambert Smith Hampton for Sqribe.
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Professional
Millennium hopes and fears of farmers
Agricultural Policy reform The new millennium has some changes in store for the countryside, as Agenda 2000 will generate negotiations on Common Agricultural Policy reform The establishment of the Countryside Agency in April has been welcomed by those who feared the countryside was in ...
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Insight
Hands on experience
Britain s best-paid banker, Guy Hands, is homing in on those aspects of the property industry that have been traditionally left to property specialists. In an exclusive interview with us, he explains why it will be worth the extra effort
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News
Healthy rise in profits at Milner Estates
Milner Estates has reported a 26% increase in pre-tax profits for the six months to 30 November to £3.4m, thanks to a £1m contribution from hotel agency associate Robert Barry. Profits at Milner s consultancy division, which comprises Conrad Ritblat, Colliers Erdman Lewis and Robert Barry, increased by 10% to ...
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Markets
Round of Triangle lets for Slough Estates
Slough Estates has completed a number of lettings at its Winnersh Triangle business park near Reading. Lloyds TSB has moved into 327 sq m (3,521 sq ft) at 140 Winnersh Triangle, paying £20.52/sq m (£19/sq ft) on a 15-year lease, while INS Newsgroup has taken 327 sq ...
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News
Fresh idea to tempt Docklands workers
Armed with research, both demographic and nutritional, Tim Levene, former management consultant and son of the Lord Mayor of London, will open his first juice bar in Canary Wharf on 24 March. Fresh n Smooth will be in the basement beneath the Canary Wharf tower, along with better-known ...
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Markets
NatWest disposes of high-street site
NatWest has sold its freehold at 124 High Street, Slough, to a local investor for £765,000. The premises, providing a ground floor of 209 sq m (2,250 sq ft), has since been let to Alliance & Leicester at £80,000 a year, a Zone A of £72. Vail Williams ...
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Markets
HMV Media records Maidenhead deal
HMV Media has signed up for 759 sq m (8,173 sq ft) of offices in Maidenhead at £269/sq m (£25/sq ft). It will pay £205,000 a year for a 15-year lease at Shelley House, York Road the smallest speculative office scheme of 1998. Roger Hicks, ...
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News
Oversupply of homes may lead to price cuts
London housebuilders will have to cut their sale prices in preparation for the thousands of new homes due to be launched on the market, agents are warning. FPDSavills London Residential Development Survey has highlighted a crisis for house-builders which is beginning to become apparent. The report says that, unless ...
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News
Lehman takes control of OCI to lead Europe
Lehman Brothers, the world s sixth-largest investment bank, has taken a controlling stake in factory outlet developer OCI in a bid to make it the leading force in Europe. OCI chief executive Hans Dobke said that he plans to build up the company s development portfolio from £150m ...
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News
US giant consolidates holdings
US-based petrochemical company Foster Wheeler has sub-let two Reading offices as part of a consolidation of its UK property holdings. Prudential , which already has a significant presence in Reading, has taken Abbey Gate on Kings Road beating off competition from People Soft for the ...
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News
Crown Place move for Close
Merchant bank Close Brothers is about to take Earl Properties 10 Crown Place in the City as its new base. Earl Properties agent DTZ Debenham Thorpe said the Clifton Street property was under offer but would not comment further. Close Brothers is understood to be taking 4,650 ...