All Property Week articles in 30 April 1999
View all stories from this issue.
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News
Solitaire ups pre-tax profits
Solitaire, the AIM-listed residential property services group, doubled pre-tax profits to £1.07m last year, thanks to a big expansion of its management portfolio. Earnings per share were up 14% to 15.7p and turnover rose 73% to £2.79m. The dividend for the year has risen from 1.3p to 7.2p a share. ...
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Markets
Planning
The East Midlands is, as always, an active area for planning issues. New Regional Planning Guidance (RPG) is due to be published in autumn and a pre-consultation document was prepared at the end of 1998. The new Draft RPG will then be subject to an Examination in Public next year. ...
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Markets
Planning
Cambridgeshire has been a focus of planning news recently. It is one of the three counties involved in the first of the new public examinations into Draft Regional Guidance. The inquiry has been closely watched by the planning profession as it has been a scene-setter for similar hearings ...
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News
Report urges out-of-town restrictions
The Government was this week urged by many of its own MPs to place an even tighter rein on out-of-town development, writes John Lewis. In a hard-hitting report published by the Environment Select Committee, the DETR is asked to toughen up PPG13 and PPG3 to make it virtually impossible ...
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Markets
Out of the sidings
The East Midlands has several large sites with combined rail and motorway links. Guy Sheppard examines the case for expanding rail freight distribution opportunities in the region
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Markets
Peterborough offices
The office market has seen good levels of activity for both city centre and out-of-town locations. The largest recent letting has been out of town at the refurbished Thorpe Wood House, where Anglian Water has taken a new 15-year lease on the 5,966 sq m (64,221 sq ft) building ...
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Markets
Nottingham offices
The East Midlands Regional Development Agency s decision to base its new headquarters in Nottingham has proved that there is demand for speculative buildings and that more and more companies are deciding to service the region from one centre, enabling them to cover Leicester and Derby from Nottingham. The RDA ...
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Markets
Northampton offices & retail
The first quarter of 1999 has been an active period for the Northampton office market, with several substantial transactions being completed. Northampton House is one of the largest buildings to have come on the market in the past few years and comprises 10,780 sq m (116,000 sq ft) over ...
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Markets
Northampton offices & retail
There has been plenty of action in Northampton s retail market, with certain sectors such as the motor trade and retail warehousing leading the way. The biggest news in recent weeks, however, has been the sale of the Grosvenor Centre the town s premier shopping centre. The ...
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News
Vodafone stays in Newbury
Vodafone s plans to develop a new head office in greenbelt land near Newbury were approved by West Berkshire Council on Wednesday. Despite recommendations from two councillors to reject the scheme, the committee eventually approved the 51,570 sq m (555,000 sq ft) development. It is believed to have been ...
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Professional
Use IT or lose it
Information technology can be the small surveyor's secret weapon in winning instructions from the big boys. Frank Baldwin explains how to get ahead by investing in IT
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News
Probus looks to leisure trail
Probus Estates is on the lookout for leisure properties after agreeing to sell off its entire commercial portfolio last month. It will raise around £18m in cash from the sale of its £87m Dutch portfolio to Uni-Invest and the £10.9m Waterdale Shopping Centre in Doncaster. In his statement accompanying Probus ...
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Markets
Nottingham & Leicester retail
Nottingham and Leicester, just 25 miles apart, form the dominant retailing offer of the region and continue to outperform more substantial conurbations. In Management Horizons recent UK Shopping Index rankings, Nottingham came second ahead of Manchester, Leeds and Edinburgh, while Leicester came ninth, ahead of Newcastle. Part of the ...
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Professional
Leases and VAT liability
In this month's round-up of recent court decisions, Andrew Walker and Tim Dutton analyse the issues of surrender by operation of law, tenant-mix policies and VAT liability in land sales
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Professional
Taking the sting out of lease renewals
Evidence in lease renewals The permitted user, frequency of rent review and the length of term may have an impact on rent to be paid under a new tenancy Many county court judges are unfamiliar with the jargon used by valuers: language used by experts should be simple, ...
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Markets
New Towns: more than just a slogan
Whatever happened to The Peterborough Effect ? Those of you of a certain age will remember the phrase, but was it a marketing slogan devised by the town or shorthand for an academic idea that was picked up by commentators? I honestly can t remember, but I do know ...
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Markets
Industrial
There is a rising pressure in the market to bridge the gap between land supply and occupier demand with speculative development. Developers and funds must now consider building speculatively. To date, occupiers have been solving this problem themselves. A majority still prefers to acquire freehold land and construct bespoke facilities ...
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News
Rising rents in Greater London
Rents in Greater London s private sector are beginning to bounce back, but still have a long way to go before returning to their peak at the end of 1996, when there was a severe shortage of properties to let. The Centre for Housing Policy at York University, which bases ...
