All Property Week articles in 7 May 2004
View all stories from this issue.
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Online
AM Development to lead £210m Wolverhampton revamp
AM Development, the Dutch-listed developer, has been selected to develop a £210m retail-led revamp of Wolverhampton city centre.
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Online
Selfridges abandons Oxford Street revamp
Selfridges has shelved its plans for a £300m redevelopment of its flagship store on London’s Oxford Street
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Online
Commercial property returns tipped to rise
Commercial property returns are forecast to rise 60 basis points to 11.5% this year.
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Online
M25 vacancy rates fall
Vacancy rates for offices around the M25 fell for the first time in three years during the first quarter of 2004.
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Slough chairman sounds REITs warning
Sir Nigel Mobbs , the chairman of Slough Estates, today told shareholders the introduction of REITs would bring little benefit to the industrial specialist.
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Petchey increases Brixton stake
Veteran property investor Jack Petchey has increased his stake in Brixton to 4%.
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DTZ Spain opts for former Lend Lease head
Pedro Ladron de Guevara, the former head of Lend Lease’s global markets division, has been appointed managing director of DTZ Spain, it was announced this morning.
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Online
Nomura and St James Capital buy £245m Earls Court
Nomura International and St James Capital, the private property company run by Davis Coffer Lyons chairman David Coffer, have bought Earls Court and Olympia exhibition and conference centres in London for £245m.
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Baldry appointed chairman of Thames Gateway UDC
Lorraine Baldry, former Chesterton chief executive, has been appointed chairman of the Thames Gateway Urban Development Corporation (UDC).
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Haselmere sells £36m Edinburgh shopping centre
Haslemere today announced it had sold the Princes Mall Shopping centre in Edinburgh for £36.7m.
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Professional
REITs and restrictions
While the door to real estate investment trusts has been opened, property companies and investors may yet find their way barred by the government's many restrictions.
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Insight
Space to work, rest and play
A shift in lifestyles and policies is pushing developers to blend different property uses in urban schemes
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Professional
The young ones
To save time and money, get ahead of the market and attract young talent, surveyors must invest in cutting-edge IT.
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Professional
Paying under and over the odds
Can a tenant sublet at below the rent agreed in its lease?
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Insight
Making moves
Change was top of the agenda at last month's CoreNet Global UK summit. CoreNet's president said goodbye, while relocation plans for civil servants and proposals to legislate under the commercial lease code were among the topics discussed.
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News
Leicester offices tender
Leicester Urban Regeneration Company (URC) is to tender this month for developers for 500,000 sq ft (46,451 sq m) of office space in the centre of the city. The URC is to advertise in the Official Journal of the European Union for a development partner for the space next to ...
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Professional
The law made simple
Break clause bust-upThe message: tenants need to be extremely careful when serving early notice to end their lease, as landlords will often use any argument to try to keep the tenant on the hook.The case: In John Laing Construction v Amber Pass (7 April 2004), the defendant landlord unsuccessfully argued ...
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JLL starts repair of shed team
Jones Lang LaSalle has recruited Leeds shed agent Daniel Miller as it begins to build up its industrial team, which has had several losses recently. Miller joins as an associate director in June from Carter & Co. JLL is looking for a replacement for European director Andy Gulliford, ...
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Insight
International high rollers prepare to hit the town
Blackjack at Bluewater or Mah Jong at Meadowhall? Subject to three big ifs – legislation, planning and demand – by 2010 many of Britain's biggest shopping centres could have their own casinos.