All Property Week articles in 21 May 2004
View all stories from this issue.
-
Online
M&S agrees terms at Bristol's Broadmead
Marks & Spencer today announced it would open a new 192,000 sq ft (17,837 sq m) store at Broadmead Shopping Centre in Bristol.
-
Online
Riblat delivers pro-upward-only message with annual results
John Ritblat, chairman of British Land, today warned the government that scrapping upward-only rent reviews could lead to even higher rents for occupiers.
-
Online
Lend Lease makes A$6.7bn merger bid
Australian developer and contractor Lend Lease today revealed plans to merge with associate General Property Trust (GPT) to create Australia’s second biggest listed property group.
-
Online
Rugby seals south-east sale-and-leaseback
Rugby Estates today announced it had completed a £22m sale-and-leaseback deal with building merchant Jewson.
-
Online
Amec signs prelet in Manchester
Amec and Stayley, the Manchester-based developers, today announced they had signed a 324,500 sq ft (30,146 sq m) prelet at the Ashton Moss business park in east Manchester.
-
Online
Celebrity-backed AAIM clinches £50m deal
Active Asset Investment Management, the property syndicate backed by high-profile celebrities such as Alex Ferguson, today announced it had completed a £50m sale-and-leaseback deal in Bedfordshire.
-
Markets
Talk of the towns
The last week of last month was a busy time for parties among the Manchester property fraternity. First up was the groundbreaking ceremony and drinks party for the Beetham Tower on Deansgate. The reception was held at Bridgewater Hall where Beetham chairman Hugh Frost gave a speech that kept it ...
-
Markets
Talk of the towns
Marc Riggs is an office agent who says that hell will freeze over before he agrees to sell the freehold of Robert Shaw & Partners’ period offices. The partner in charge of merging Vail Williams ’ Woking and Guildford offices refuses to sell 81 Portsmouth Road, Guildford, where Vail Williams ...
-
Insight
Swotting for success
Funding mixed-use development can be much simpler if you do your homework
-
Markets
Moving upwards
The latest Drivers Jonas Crane Survey gives an overview of the main schemes under construction in Manchester city centre
-
Insight
The not-so-Square Mile
A celebration dinner at the Mansion House on Wednesday, a private viewing on Thursday and the public opening today: a property exhibition has stolen the show this week in the City of London.
-
Markets
The Mancunian way
As the masterplan for Manchester's Southern Gateway takes shape, Tristan McConnell talks to its architect Sir Terry Farrell, council leader Sir Howard Bernstein and developer Ken Knott about their visions for the city
-
News
Lowe takes rival’s space
Advertising company Lowe & Partners has completed its deal to take an assignment of rival Leo Burnett’s headquarters at 60 Sloane Avenue, London SW3. As predicted in Property Week (news, 24 October 2003, p5), Lowe, part of the Interpublic Group, has taken on Leo Burnett’s five leases, totalling 65,400 sq ...
-
Markets
Since our last visit …
Ask and you shall receive Ask Property Development has won the battle to redevelop Urmston Town Centre with a £35m mixed-use scheme. Ask chief executive Ken Knott says: 'The redevelopment will replace a classic 1970s, drab, concrete mall. Urmston knows what it doesn't want because it's already got it.' ...
-
News
Widows invests in north London
Scottish Widows has bought the 41,435 sq ft (3,850 sq m) Fulcrum House, 2 Killick Street, London N1, from Derwent Valley for £12m, at an initial yield of 7.8%. Strutt & Parker acted for Scottish Widows; Pilcher Hershman and FPDSavills advised Derwent Valley.
-
Markets
Manchester ignited
With Harvey Nichols, Selfridges and Marks & Spencer already in the city centre, Allied London is prepared to cut deals for retailers at Spinningfields. Meanwhile, leisure uses are driving development all around the city.
-
News
Good NAV rise for James Smith
James Smith Estates achieved an 11% increase in NAV to 411p a share in the year to 24 March. Properties owned throughout the year rose by 5.7% in value, although the overall portfolio decreased in size to £89.8m after £9.8m of sales. Chief executive Tony Roscoe has recruited Mark ...
