All Property Week articles in 19 March 1999
View all stories from this issue.
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Markets
Publicity stunts
Liverpudlians may not be pleased with recent TV programmes about their city, but property professionals are adamant these are not dragging down property prices.
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Markets
Planning
Merseyside exhibits, or did exhibit, most of the classic attributes of a region in need of regeneration. But thanks to generous external funding, positive planning and economic growth, there are signs of new development everywhere. Largely spearheaded by the leisure, retail and housing sectors, regeneration is no more evident than ...
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Markets
Merseyside retail
Merseyside is currently awash with large-scale out-of-town proposals that reflect the general buoyancy felt throughout the region, particularly in Liverpool city centre. The focus of activity is still on the three main parks at Speke, Edge Lane and Aintree, but there are also large-scale proposals for Birkenhead, Southport and Prescot. ...
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Markets
Merseyside offices
Merseyside s business space markets are demonstrating increasing confidence as the investments of specialist agencies, such as the former Merseyside Development Corporation and City Challenge, together with the continuing activities of English Partnerships and a number of other agencies, start to pay off. The most significant current project away ...
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Markets
Liverpool retail
Historically the dominant centre for north Wales and much of Lancashire, Liverpool has struggled to maintain its position as a regional shopping destination in the face of economic restructuring and the growth of competing facilities. But recently, the city has shaken off its dependence on an inefficient manufacturing base and ...
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Markets
Liverpool offices
Increased developer interest, encouraging enquiry levels and an optimistic air of business confidence are the factors stimulating improved interest in the Merseyside office market. 1999 off to a flyer This year has got off to an excellent start in Liverpool with the announcement that the Inland Revenue is ...
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Markets
More investment in Liverpool Marina
New investment in Liverpool s Coburg and Brunswick docks could herald a new phase of leisure-related waterfront development. Harbourside Marina has announced a further £2m investment in the Liverpool Marina which includes the Coburg and Brunswick docks. The investment promises to bring a new phase of development to ...
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Markets
Industrial
The last six months have seen steady progress in the Merseyside industrial sector. Several major developments and inward investments have been announced. Shortage of new space Enquiry levels remain buoyant in all areas, but there is still a shortage of new, well-located, good-quality industrial accommodation in the ...
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News
Housing pays at Taywood
Taylor Woodrow s growing emphasis on housebuilding and property development paid dividends last year as pre-tax profits rose 22% to £100m. Housing profits from the US, Canada and the UK were up 38% to £56.3m, while property profits increased by a more modest 7% to £22.9m. However, ...
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Markets
Record market rent set in St Helens
Acting on behalf of Liverpool-based atmore Group, Fletcher King Braithwaite has let the former Siemens Osram building at Leagreen, St Helens, at a local record market rent of more than £32.30/sq m (£3/sq ft). The tenant has taken a 10-year lease with an option to purchase the ...
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News
Sherry FitzGerald set to go public
Sherry FitzGerald, the Irish residential and commercial agency, is planning to float on the Dublin and London stock exchanges next month, valued at IR£20m (£17m). The listing on Dublin s Developing Companies Market and London s AIM will involve raising IR£4.5m from investors to fund the firm s expansion in ...
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News
End of an era for Grosvenor
Grosvenor Estate Holdings is bringing to a close nearly 160 years of history by moving from its Davies Street headquarters in the heart of London s West End. The Duke of Westminster s property company will relocate to 70 Grosvenor Street, an office it is developing with the ...
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News
DFID move provokes Whitehall property row
A bitter row has erupted within the civil service over the relocation of the Department for International Development (DFID) in London s West End. The disagreement threatens to re-open the debate on the Government s property strategy. Whitehall sources have revealed that the disagreement stems from a Treasury memo issued ...
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News
Despard goes to the flicks
Patrick Despard s City & West End Investments has bought Film House in London s Wardour Street from Langbourn Property Investment for £20m. The 8,370 sq m (90,000 sq ft) building is fully occupied by media and entertainment businesses. Built in the 1920s, it is held on a lease ...
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News
Derwent Valley ups NAV for fourth year running
Derwent Valley Holdings, the central London refurbishment specialist, continued its impressive series of annual results this week, reporting a 23% increase in net asset value to 603p a share in 1998. The City was impressed and pushed the company s shares up 16p to 546p on Tuesday, which reflects ...
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News
John D Wood dismisses Pope
One of London s best-known estate agents, George Pope, was made redundant last week as managing director of John D Wood. Pope had worked at the firm since leaving the army in 1970. He was dismissed by Ethan Sutaria, divisional director of Countrywide Assured, the parent company, in the ...
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News
Record profits for Countrywide
Countrywide Surveyors now carries out valuations for more than a third of all mortgage lenders, after it increased its representation by 7% last year. The figures are published in the 1998 preliminary results released last week by the Countrywide Assured Group. The surveyors increased profits by 15% to a ...
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News
Council criticised for its planning conduct
The Government s plan-led policy for redeveloping shopping centres was stood on its head in the planning stage of the redevelop-ment of Bracknell Town Centre , a public inquiry heard last week. The accusation came from Keith Lindblom, QC for one of the competing developers, the Bracknell Regeneration ...
