All Property Week articles in 5 March 2004
View all stories from this issue.
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Online
R20’s £260m Farnborough Airport raid
R20, the property investment vehicle of Robert Tchenguiz, announced today it has bought four buildings from Dana Commercial Credit. The purchase price is understood to be £260m.
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Online
British Land Lime Street letting
British Land today announced it had agreed terms with the global insurance broker, Willis Group Holdings, to pre-let 420,000 sq ft (39,018 sq m) of office scheme at 51 Lime Street in the City.
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Online
Schroder completes £70m office and retail sale
The Schroder Exempt Property Unit Trust (SEPUT) today completed the sale of eight office and retail properties for £70m.
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Online
Lord Penrose publishes Equitable Life inquiry
Lord Penrose today published his long-awaited inquiry into the near-collapse of Equitable Life, strongly criticising the former management of the mutual life insurer for accruing liabilities of £1.8bn.
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Online
Ashtenne sells £90m properties
Industrial specialist Ashtenne today completed sales totalling £89.75m.
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Online
RICS draws up Treasury wish-list
The RICS has compiled a wish-list for chancellor Gordon Brown, as the countdown to the Budget begins.
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Online
LandSecs unleashes 30 Gresham Street
Land Securities last night officially placed its 386,000 sq ft (35, 860 sq m) office development at 30 Gresham Street, London EC2, on the market, quoting an asking rent of £45/sq ft (£484.40/sq m).
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Markets
Talk of the towns
With all this talk of extreme sports in the north-west it is fitting that Tim Warboys, new UK sales director at Stonemartin , has arrived on the Manchester scene. Warboys should take the challenge of letting the 100,000 sq ft (9,290 sq m) Peter House in his stride; after all, ...
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Markets
Talk of the towns
‘I have seen the future and it’s Ireland.’ This is exactly the kind of thing that Londoners who visit Dublin could say as they become aware of the impact of rules – or reforms, depending on your point of view – that are governing Dubliners’ lives. At home, the same ...
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Insight
Supermarket sweep
On Monday, Morrisons will begin its transformation of the UK's supermarket landscape. Robin Marriott and Polly Mackenzie investigate the impact on retail and industrial property
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News
Restructuring required for UK REIT
Property companies and corporates will have to restructure to make the most of a UK real estate investment trust, analysts and investment bankers from UBS Warburg's European real estate team said this week. In a presentation on Tuesday, they said developers such as Helical Bar would have to become ...
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Insight
Signs of recovery
A revival in the fortunes of serviced space is good news for the wider market
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Markets
Pulling power
No one expected the Odyssey leisure complex in Belfast's docklands to be quite such a success, least of all the city's publicans.
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News
Shopping in Oxford Street
A private UK investor has bought the shop at 368/370 Oxford Street, London W1, for £11m. The property was sold by the ING Property Income Fund at a yield of around 5%. ING bought the property for £8m in August 2002 and let it to O2 at £509 zone A ...
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Professional
Occupiers stay on top
The latest Total Office Costs survey, produced by Actium Consult and Cass Business School, shows that occupiers still have the upper hand, as rent-free periods lengthen.
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Markets
Stuck in the middle with Pru
Although Prudential's redeveloped Arndale Centre will be bigger and better than its predecessor, it has not lost its thoroughly mid-market approach.
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Markets
The men of Manchester
If you want to get something done in the Manchester property market, there are certain people you need to know.