All Property Week articles in 3 September 1999
View all stories from this issue.
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Markets
Planning
The most recent Hertfordshire Structure Plan Review, covering the period to 2011, was adopted in 1998. All Hertfordshire districts are now in the process of reviewing their local plans to accommodate these latest structure plan requirements. In most areas, new land needs to be identified for housing and ...
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News
Trinity steps out of the running in PFI project
The onerous bidding process on the £2bn Inland Revenue and Customs & Excise PFI project has claimed its first victim. Trinity, one of the five consortia shortlisted, has withdrawn from the race. It is thought to have become disillusioned with the cost of putting together a serious bid for the ...
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Markets
Midsummer magic
It was once best known for its soulless grid layout and artificial cows stuck in a field. But Milton Keynes looks set to provide the old Commission for New Towns with one of its greatest successes. Chris Taylor at Prudential knows a hot shopping centre when he sees ...
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Professional
The law of Plato
Fed up with waiting for surveyors to value his buildings, Phillip Plato decided to go to college and become qualified himself.
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Insight
Labour looks to shareholder power
The Government s plans to crack down on excessive executive pay deals by giving shareholders greater control over boardroom salaries is the latest in a long line of Labour offensives against the so-called fat cat mentality. However, far from trying to short-change the country s highest-paid ...
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News
New mail hubs for London
The Royal Mail is to spend £50m on modernising its distribution network, which will involve opening three distribution centres in Greater London. It requires three new single-storey automated facilities: 16,260 sq m (175,000 sq ft) in north-west London and 13,940 sq m (150,000 sq ft) in both ...
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Markets
North Herts offices
The office market in north Hertfordshire has been dominated by the same factor as most other areas the county - the lack of suitable accommodation to satisfy most tenants requirements. The supply of good-quality accommodation is severely restricted in all sectors of the market, from smaller office requirements to ...
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Markets
North Herts industrial
The industrial/warehouse market throughout mid- and north Hertfordshire has seen a steady improvement during the year, with an increase in enquiries from purchasers and tenants alike. This has resulted in the take-up of much of the available space, and we are now left with a shortage of accommodation in ...
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Markets
Paradise found
As Milton Keynes town centre is transformed by a £15m renovation scheme, Stephen Killick asks what effect this will have on retail in the surrounding towns
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News
Property loses its edge at end of month
After matching the performance of the stock market for most of August, property shares underperformed badly in the final week of the month. Despite a 5% rise in Land Securities share price, the Real Estate Index rose just 0.8% to 2094, while the All-Share jumped 2.7% to 2990. ...
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News
Hamptons looks east for new offices
Hamptons is swimming against the tide of despair over economic recession in south-east Asia by acquiring a new office in Hong Kong and looking for another in Singapore. You have to move when the market is down, said deputy chairman Chris Palmer. It is so volatile ...
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Markets
Herts Industrial Thriving from healthy demand
St Albans and Hemel Hempstead forge ahead, while Watford struggles.
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Professional
When do provisions count?
Last month, the Inland Revenue finally acknowledged defeat to a firm seeking to suspend rent payment on a vacated premises. Nigel Davey assesses the implications
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News
Commercial investors sustain interest despite fall in rents
Big investors remain committed to the residential market, despite new evidence that amateur landlords are dragging down rents. Schroders still plans to launch its ground-breaking unit trust this autumn, after dismissing the buy-to-let boom as a flawed, short-term phenomenon. London & Henley, a subsidiary of US ...
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Markets
City limits
Milton Keynes has put in its bid to become a city, but will this new status make any difference to its grey, concrete image?
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Markets
South Bucks Buoyant markets
Although the industrial market in south Buckinghamshire is buoyant as a whole, several sizeable transactions have occurred in the last 18 months in the large owner-occupier sector, highlighting established users desire to stay in the immediate area. Ashworth Frazer Drainage Systems recently bought the long leasehold interest in ...
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News
Frogmore leaps into the Bristol Harbourside fray
Frogmore Estates is working on an audacious plan to upstage Crest Nicholson Properties £200m scheme to redevelop Harbourside in Bristol. The property company is the latest name to become embroiled in the long-running fracas surrounding the right to regenerate the 6.9 ha (17 acre) site. It ...
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News
Chase boss slams client care
Property values could more than double if landlords and surveyors better understood the needs of their occupier clients, according to the property boss of one of the world s largest firms. Cesar Chekijian of Chase Manhattan said the UK property market was missing out on the growth rates achieved ...