All Property Week articles in 9 April 1999
View all stories from this issue.
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Markets
Pulling power
Scotland s business parks are attracting international companies, but, as Stewart McIntosh reports, the take-up is uneven
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Markets
Planning
The last nine months has probably seen the issue of more draft or final versions of planning guidance in Scotland than for many years. In August 1998, draft NPPG (National Planning Policy Guidance) and PAN (Planning Advice Notes) were issued on Transport and Planning. The draft NPPG replaced a version ...
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Professional
Take your partners...
Property outsourcing along the lines of the Government’s Private Finance Initiative is now firmly on the agenda for the UK’s leading firms. But when is the first deal going to take place?
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Markets
More serviced offices for Strathclyde park
A new serviced office centre is to be developed at Strathclyde Business Park, located near Bellshill in Lanarkshire. With the first serviced office centre at the park Phoenix House now fully let, Strathclyde Business Park (Developments) is now firing ahead with Willow House, a 3,720 sq ...
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Professional
The route to the loot
Need a cash injection? Having nightmares about extracting a loan from your bank manager? Amanda Merron and Julie Walsh, partners at Willott Kingston Smith, explain how to win over the man with the money
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Markets
Inverness
Inverness is the local government and service sector capital of the Highlands, and growing awareness of the town s demographics has led to a spate of new investment, particularly in the retail sector. Figures from the local enterprise company, Inverness & Nairn Enterprise (INE), show that the town s core ...
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News
Rates leap for industrial sites
Industrial occupiers of prime stock could face crippling rates rises next year, the latest research from Gerald Eve suggests. Occupiers and manufacturers in the Park Royal area of west London are likely to see increases of up to 80% on prime properties because of significant rental growth. Industrial occupiers ...
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Markets
Hooray for Holyrood
The advent of the Scottish parliament has led to a boom in the property sector. Stewart McIntosh asks whether the market is beginning to overheat
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Markets
Terrace Hill plans to redevelop Hillington
Terrace Hill Group is poised to start work on the £5m speculative redevelopment of part of Hillington Industrial Estate. Located close to Glasgow Airport, the 2ha (5.5 acre) Connection West site will be able to accommodate light industrial units ranging in size from 930-8,220 sq m (10,000-88,500 sq ft). ...
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News
Pemberstone goes private
A small but significant chapter has closed in the emerging residential investment market as shareholders agreed to sell Pemberstone to Arcrent, a private company owned by its managers. The £32.3m bid comes less than four years after the company was listed. Chief executive Andrew Bruckland said the move was because ...
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Markets
Glasgow offices
On the face of it, 1998 was a deeply disappointing year for Glasgow offices, after a very promising 1997. Take-up was a modest 33,000 sq m (255,210 sq ft) but this masks a slightly more positive reality. While trading conditions over the last 12 months have been difficult, ...
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News
III fund widens its operations
German open-ended fund III has agreed its first office acquisition outside London with the forward funding of CALA Properties Glasgow office scheme. The fund will pay £13.35m for the 4,877 sq m (52,500 sq ft) building which is pre-let to Scottish Media Group for a new HQ for 30 ...
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News
Homes for forgotten land
A small housebuilder claims to have created a system for putting cheap homes on land ignored by the rest of the industry. Mark Oliver Homes believes local authorities can help meet Government demands for brownfield development by releasing sites for buyers as well as to rent. The firm, which builds ...
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Markets
M&S in the firing line as tenants rebel at the Gyle
Simmering discontent among retailers is set to boil over at Edinburgh s out-of-town Gyle shopping centre. A major rent review row is brewing with an initial batch of 11 tenants taking their case against landlord Marks & Spencer to arbitration. With rental increases of up to 300% demanded after ...
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News
Fine risk for housesellers
Housesellers who refuse to use a seller s survey should be fined £2,000 says the RICS . In its response to DETR proposals on buying and selling residential property, the institution says the financial penalty for sellers who fail to pay for a survey of their property must be ...
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Markets
Fighting talk
Stewart McIntosh reports from ringside in the heavyweight struggle to win the hearts and wallets of Glaswegians
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Insight
Keep it in the family
Lee and Martyn Richardson are having a greater say in the running of the family business these days. Angela Jameson talks to the younger generation of Richardsons about family values
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News
Planning targets fail on large schemes
Tighter deadlines set for the Planning Inspectorate last week will do little to speed up planning applications for larger developments, planners and developers have warned. The targets, announced by planning minister Richard Caborn, will affect the majority of planning applications but not those for larger schemes requiring consent from the ...
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News
No surprises as Equant signs in Slough
Equant, the international data network provider, has taken the remaining space at akeler s Betjeman Place in the largest deal in the Slough market so far this year. Long-term front runner Equant signed a 20-year lease with no breaks for building two and the ground floor of building ...