All Property Week articles in 5 March 1999
View all stories from this issue.
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Markets
Victoria
The Victoria office market has traditionally been dominated by government occupiers and oil companies. Recent activity the GLA occupying Romney House, Marsham Street as its temporary home; MAFF leasing 5,570 sq m (60,000 sq ft) in Page Street demonstrates that the former still holds true. ...
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Markets
The serviceman
US backing has given Arlington head Patrick Deigman the funds to put his full-service philosophy into action.
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Markets
Retail
The jury is still out on how the central London retail market will fare in 1999. Messages from retailers following the Christmas period have been mixed and while it is fair to say that many found trading extremely difficult, things were generally not as bad as feared in mid-December. A ...
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Markets
Planning
Westminster Council is one of the first authorities to put its UDP onto the Internet. Committee reports, a news page and an e-mail feedback facility are also included. Proposals for a food superstore in Pimlico, near Victoria Station, have been allowed. The council and many local residents had objected ...
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Markets
North of Oxford Street
Having traditionally been regarded as a centre for fashion wholesalers and manufacturers, but also as a rather dull and grey place, the area directly to the north of Oxford Street has now been given a fresh coat of paint. It has recently become a fashionable and popular location, and is ...
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News
New owner for Manor Walks
Ashcroft Charterhouse will buy the Manor Walks retail centre in Cramlington, Northumberland, from O&H Properties for close to £37m. The 18,580 sq m (200,000 sq ft) centre includes a Safeway supermarket and a Gala leisure centre. Manor Walks was refurbished in 1996. The centre was bought by O&H ...
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Markets
Long-term perspective
MEPC started developing Bedfont Lakes a decade ago, and still has big plans for the rest of the site.
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Markets
Investment
The West End investment market performed well in 1998, proving resilient during the financial crisis in the second half. However, initial strong rental and capital growth slowed during the final quarter as investors and occupiers took stock of the economic situation. But while the market is not now as buoyant, ...
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Markets
How the west was won
City & West End s success is largely due to Patrick Despard s enviable knack of reading the market.
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News
Goldman Sachs plans growth
Goldman Sachs has introduced the latest in a long line of property requirements in London s Midtown. The instruction, placed with Jones Lang Wootton, is for 13,940 sq m (150,000 sq ft) to cope with the projected growth of the US investment bank over the next five years. ...
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News
Frontier plans industrial plot
Frontier Estates is planning to develop one of the UK s largest speculative industrial schemes in Northampton. The Milton Keynes-based developer, backed by Equitable Life, beat Slough Estates , ProLogis Kingspark and Wilson Bowden to secure Sainsbury s 7.3ha (18 acre) Savacentre site. Equitable Life has funded the ...
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Markets
FPDSavills to handle
FPDSavills has been appointed letting agent on Benchmark Group s refurbishment of 33 Glasshouse Street. When completed this summer, the scheme will offer 2,320 sq m (25,000 sq ft).
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News
London prepares for flood of private flats
A record number of new private flats will be built in London this year, researchers have said. According to figures from London Residential Research (LRR), 9,500 flats will be completed 10 per cent up on last year. The findings are in line with last month s forecast of ...
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News
Richardson eyes up Leeds
Black Country-based Richardson Developments has stepped up its bid to enter the Leeds leisure market with a series of secret talks with local agents. It is understood that the developer is eyeing two potential leisure schemes and an office development. It is in detailed discussions with its Midlands partner Cordwell ...
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Markets
The Jubilee Line Extension
The Jubilee Line Extension will extend the influence of Docklands and add a new dimension to the central London office market. West End tenants will have access to a new market only 15 minutes away. The quid pro quo is that some West End locations serviced by the JLE may ...
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Markets
West End rents
As in the City of London, restricted supply has become a prominent feature of the office-letting market, and this has helped to promote and sustain a current maximum headline rent of £565.11/sq m (£52.50/sq ft), which has been achieved at a number of buildings in the prime ...
