All Property Week articles in 27 February 2004
View all stories from this issue.
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Online
VOA warns ratepayers of penalties
The Valuation Office Agency today issued a warning to rate payers they risk stringent financial penalties and even criminal prosecution if they fail to submit their rental return forms.
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Online
Morley checks in for £100m hotel funding
Morley Fund Management is entering the hotel sector with a £100m funding deal to back the expansion of Golden Tulip, the Dutch-based hotel company.
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Online
BPF launches planning initiative
The British Property Federation today launched a new initiative aimed at increasing the efficiency of the planning system and improving the relationship between local planning authorities and the property industry.
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Online
Mucklow chair warns of weak occupier market
Industrial property landlord A&J Mucklow’s chairman, Rupert Mucklow, today warned an optimistic property industry that the occupier market is not as strong as it believes.
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Online
Bernerd launches £900m Chelsfield bid
Chelsfield chairman Elliott Bernerd today formally launched his takeover bid for the property developer.
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Online
LSH blow as new east of England chief quits
Lambert Smith Hampton s east of England chief Richard Coke has quit just months after succeeding top shed shifter John Burbage in the role.
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Online
Hammerson plans French REIT
Hammerson today announced that it will set up a French REIT if its application to list the company shares on the French Stock Exchange is approved.
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Online
GE in exclusive talks for £290m Benchmark takeover
Quoted West End property company Benchmark this morning confirmed it is in exclusive talks with GE Real Estate to buy the company.
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Online
Gresham finalises deals on £50m properties
Schroders’ Gresham Property Partners limited partnership has bought £50m of assets in three deals, it announced this morning.
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Online
CLS reveals 9% NAV rise
Anglo-Swedish quoted property company CLS Holdings today announced a 9.1% increase in adjusted net asset value in its full year results.
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Markets
Talk of the towns
The quest to save Brighton’s West Pier (see above) continues to divide the city’s agents. Phil Graves of Graves Jenkins is involved with Chris Eubank’s consortium, but across town at Stiles Harold Williams , director Martin Clark is less convinced. ‘They’re planning to spend £20m on rebuilding it,’ says Clark. ...
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Insight
Reading the small print
The minefield of borrowing cash for property investments is not for the lily-livered
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Markets
Take your partners
Plans are afoot to build 32,500 new homes in Milton Keynes and the body delivering the scheme is as unusual as the city it is transforming.
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News
Kingsway office up for sale
An offshore Jersey trust has put 22 Kingsway, London WC2, up for sale. Agent Whitmarsh Holt Young has been instructed to sell the 100,480 sq ft (9,335 sq m) office building, which is let to the government until 2025 at £3m a year. The asking price is just over £47m. ...
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Markets
How tall is too tall?
Development proposals have caused the topic of tall buildings to rear its head in Brighton after a silence of more than 30 years. But how tall will the schemes be allowed to go?
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News
Selfridges in talks with Miller over Glasgow store
Pair discuss tie-up at 770,000 sq ft Merchant City scheme for retailer's fifth UK outlet
