All Property Week articles in 26 March 2004
View all stories from this issue.
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Online
Salway to take over at LandSecs
Land Securities today announced that Francis Salway will take over as chief executive when Ian Henderson bows out this summer.
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Online
Great Portland offloads £23m Northants leisure scheme
Great Portland Estates has sold its Sol Central leisure development in Northampton to O&H Properties for £23m
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Online
Central London offices 'on road to recovery'
The central London office market is finally on the road to recovery according to the latest figures released from property agents CB Richard Ellis
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Online
Wembley group stunned by £287m rival bid
The future of Wembley, the gaming group, took a twist this morning as a US consortium launched a £287m rival bid.
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Online
Williams named RICS senior vice-president
John Williams this afternoon won the race to become the new senior vice-president of RICS.
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Online
Regus reveals positive results
Regus today revealed its first cash flow-positive results since its near collapse in 2002.
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Online
Morley and Shearer kick-start Bath scheme
Morley Fund Management and Shearer Property Holdings have edged closer to getting the Southgate urban regeneration scheme in Bath off the ground.
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Online
Sainsbury’s checks out of £1.3bn US business
Sainsbury s today announced it was selling off its US supermarkets business for £1.3bn.
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Markets
Talk of the towns
The East Midlands Development Agency premiered at MIPIM with a rather literal interpretation of the term. Conference-goers were jostled on the red carpet at the entrance to the stall by pretend-paparazzi before being regaled with movie themes and a presentation including rewrites of movie dialogue such as: 'Of all ...
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Markets
Talk of the towns
Agents are on the move on the south coast. The first of two big defections is Chesterton associate Matthew Poplett, who is off to renew acquaintances with old partner-in-crime Nik Cox at King Sturge . Cox has been trying to convince Poplett to jump the fence since he quit ...
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Markets
In for a Poundbury
A model village that has the royal seal of approval is planning a commercial centre with a colonial twist.
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News
REIT-like PHP secures profits rise
Primary Health Properties is the nearest quoted company to a US REIT or the proposed UK PIF. It pays no Corporation Tax and no Capital Gains Tax (as it does not sell properties). Run by Harry Hyman, its half-year results for the six months to 31 December showed ...
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News
Swansea partners tackle Wind Street
Swansea City and County Council and developer Brunswick Mansford have signed a development agreement for a £30m extension to the city’s Wind Street leisure scheme. The 140,000 sq ft (13,006 sq m) scheme will include a 12-screen cinema, restaurants and casino, and is due for completion in 2006. Donaldsons ...
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Professional
To tell the whole truth… …and nothing
Surveyors who act as expert witnesses are in the dock over concerns they are biased.
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News
Marriott ties up with US operator
US hotel operator Harrell is to enter the UK market after agreeing to develop the Marriott Courtyard brand. Dallas-based Harrell plans to open 20 hotels in the next four years in big cities around the UK. Due diligence is under way on a site in Liverpool. The four-star Courtyard brand ...
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News
More sign up at More London
The More London development next to Tower Bridge, SE1, has secured two more lettings to leading financial tenants. US-based commodity broker Cargill and Guy Hands' new investment vehicle Terra Firma are both under offer to take around 15,000 sq ft (1,400 sq m) each in building 2 at the scheme. ...
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Markets
Nottingham's Northern light
The Great Northern Plaza mixed-use scheme is set to revitalise a derelict part of Nottingham city centre, but the office market is less than happy.
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Professional
The law made simple
Don't blame the lawyerThe message: lawyers do not generally owe their clients a duty to give commercial advice and clients must judge for themselves the wisdom of commercial transactions.The case: in Pickersgill & Le Cornu v Riley(25 February 2004), a firm of solicitors successfully appealed against a finding that it ...