All Property Week articles in 6 August 1999
View all stories from this issue.
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Markets
Southwark
With government policy increasingly focusing on transport and making better use of existing public transport and rail systems, it is likely that future development will centre on tracts of land close to existing rail termini. Latent value The latent value presently locked up in Southwark, specifically for property holdings ...
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Professional
Small wonder
After just six months running his own business, Jon Turner is discovering that small is beautiful when it comesto winning work in a town like Hereford. We pay a second visit to his practice
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News
Surveys still scupper sales
A damning survey is still the single largest reason why house sales fall through, research from the National Association of Estate Agents reveals. The NAEA quizzed its members on reasons for losing a sale. In descending order, these were listed as an adverse survey; legal problems and buyers unable to ...
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Markets
Retail
The retail face of the City has changed beyond all recognition in recent years and the trend is set to continue into the new millennium. The gradual loss of the Square Mile s old retail identity, encapsulated by limited trading hours, early closing and a five-day week, is welcomed by ...
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Insight
Prologis Priorities
Midlands-based developer Prologis Kingspark has taken the industrial and distribution markets by storm over the past few years, and is not surprisingly one of the industry's first key players to develop a coherent branding strategy. The US-owned firm has its own in-house team of architects and tries to make all ...
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News
Trading lull in summer season
With little excitement among the larger stocks last week, buying interest was once again focused on the smaller stocks. Birkby, St Modwen and NHP all reached new 52-week price highs, while Delancey , Green , Marylebone Warwick Balfour , Safeland and Saville Gordon all saw healthy ...
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Professional
Leaner outlook for let land
Rural The rural economy has been left behind by the current property and land boom. Ralph Crathorne argues that the industry urgently needs to reassess its position and set out a workable agenda for change
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News
Hemingway investors hope for more
Hemingway Properties shareholders are hoping for a higher takeover offer for the company to trump last week s bid from PRICOA , which was 30% below net asset value. The £119m offer from Pricoa s parent company, Prudential Insurance of America, is backed by Hemingway s independent ...
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News
Housing group with no home
The first pressure group to encourage retailers to lease their empty upper floors to housing associations is itself about to become homeless. Ann Tetherick set up Living Over The Shops in 1989 to bring together retail property directors and landlords so that they could agree to residential use for ...
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News
Industry outsider gets top Railtrack position
Railtrack has finally found a new head of property following a game of musical chairs with the Shadow Strategic Rail Authority. The rail authority s former franchising director John O Brien will take control of Railtrack Property on 1 October, after a six-week stint working with current property director ...
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News
NAO property probe puts pressure on gas regulator
The National Audit Office has launched an investigation into the property activities of a government agency as a result of an investigation by Property Week. The probe centres on allegations that the tendering process to appoint a property agent for gas regulator Ofgas was not on a level ...
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Insight
The name of the game
Brand names such as Coca-Cola are recognised the world over and are worth billions of dollars to the companies that own them. This report asks whether the principles of branding can be applied to the property industry
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News
FPDSavills makes SA link
FPDSavills has set up a desk in its Sloane Street office dedicated to South African transactions. It is a link between FPDSavills and the South African company, Pam Golding Property Group. Part of the group, Pam Golding Properties, has found homes in South Africa for Nelson Mandela, Earl Spencer and ...
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News
IASC sets fair value standard
Confusion over valuation practice and terminology is set to end with the introduction of a global industry standard. The International Accounting Standards Committee has issued a draft accounting standard, urging the use of the fair value measure as used in accountancy, rather than the market ...
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News
Funds return to West End
Institutions will return to London s West End in the second half of this year, pushing total property investment to more than £2bn, research from Weatherall Green & Smith predicts. The funds moved out more than six months ago, but now require somewhere to invest their gains from ...
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News
Firms lobby lenders in new sponsorship drive
Residential surveyors are in such short supply that surveying firms are lobbying lenders to sponsor residential surveying courses at universities. The shortage has arisen because most lenders will not use newly qualified surveyors to carry out mortgage valuations. David Harbour, MD of Allied Surveyors, an independent practice with 130 offices ...
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News
The Corporation gnashes teeth at Docklands rival
The Corporation of London flashed its longer, sharper teeth at Docklands this week with a two-pronged assault aimed at persuading financial occupiers to stay in the square mile. The Corporation recovered crucial ground on its rival by taking steps to deliver a potential 60,390 sq m ...
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Markets
City - Leasing
This year has seen around 230,000 sq m (2.47m sq ft) of leasing transactions. On the face of it, this does not compare well with the 430,000 sq m (4.63m sq ft) for the same period last year. However, this year there have been no off-plan pre-lets and only ...
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Markets
City - Investment
Commenting on the City investment market last autumn, I forecasted a period of limited investment activity, the need for caution on development and the end of the pre-letting phenomenon that had made us all dizzy with the frenzy of large occupational moves between 1996 and 1998. Economic ...
