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01 December 2006

Property Week

View all stories from this issue.

  • 2006 Irish Property Awards

    1 December 2006

    Last night’s Dublin awards ceremony celebrated the best performers in the Irish commercial and residential property markets.

  • 20-30-40-50

    1 December 2006

    Each week we meet a property character from a different age bracket. This week Claer Barrett meets Lillian Chandler, 31, director in West End agency at Jones Lang LaSalle

  • 4 acres up for grabs in King’s Cross

    01 December 2006

    The government is to sell a site in King’s Cross that has potential for a large mixed-use scheme.

  • Absolute beginners

    01 December 2006

    Mark Shepherd meets seven women starting to climb property’s ladder.

  • After the Scunthorpe effect

    01 December 2006

    Opus Land is attempting to put Lincolnshire on the map as a big sheds location.

  • AIM-listed investor to spend €60m in Romania

    4 December 2006

    North Real Estate Opportunities Fund (NREO) has made its second investment in Romania with the €60m (£40.3m) development of the Bucovina Shopping City in Suceava.

  • Arab Investments slides on to City’s ‘helter-skelter’ tower site

    01 December 2006

    Middle Eastern investment company Arab Investments is to acquire the site for DIFA’s proposed ‘helter-skelter’ tower in the City of London.

  • Asda’s £50m Yorks buy

    01 December 2006

    Asda has forward purchased a regional distribution centre in Yorkshire for £50m.

  • Australian firm to buy €138m Barcelona shopping centre

    30 November 2006

    Babcock & Brown has agreed to buy Heron International’s Heron City Shopping Centre in Barcelona for €138m (£93m).

  • Axa buys Sturekvarteret centre

    01 December 2006

  • Barker II - First she dreamt up Land Tax! Now she wants to shake up planning!

    01 December 2006

    Doug Morrison profiles the woman whose shadow stretches across property.

  • Beacon shines light on £208m West End site

    01 December 2006

    US fund manager buys 192,000 sq ft 33 Grosvenor Place

  • Beckwith to tame emerging markets with Indian Tiger

    01 December 2006

    Property veteran Sir John rears Alpha Tiger Property Trust for AIM listing

  • Big guns shot down

    01 December 2006

    Sir, I hope I am just one in a long line of emails you should have received respect of the shooting of two buffalo in Tanzania (Ludgate, 17.11.06).

  • BPF reveals concerns over latest planning policy statement

    1 December 2006

    The British Property Federation has today revealed its grave concerns that new government definitions of affordable housing will damage and reduce the overall supply

  • BPF’s call to arms in Scotland

    01 December 2006

    The British Property Federation has urged developers in Scotland to lobby the Scottish Executive over its latest planning shake-up.

  • Bradford’s city centre masterplan

    01 December 2006

    The final plans for Bradford’s city centre masterplan have been unveiled after a public consultation. The Mirror Pool (pictured), part of the original Will Alsop-designed Bowl Neighbourhood, has been reduced and will be able to be drained to create a space for outdoor leisure and community events.

  • Canary Wharf lays ghosts of 2003 leaseback deals to rest

    01 December 2006

    Vacancy rates at Canary Wharf have dropped to a five-year low of 4.9% following the disposal last week of all the office space that was leased back to the landlord three years ago.

  • Case news

    01 December 2006

    Jonathan Ross hears how a shopping centre was forced to complete a letting to Marks & Spencer, while Warren Gordon reports on a dispute over the use of a site

  • Castle Hill

    01 December 2006

    Lathams Architects has won planning consent for an ‘ultra-modern’ yet environmentally friendly redevelopment of a grade II-listed Georgian house in Bakewell, in the heart of the Peak District National Park. Developer Cathelco is to convert Castle Hill into two homes.

  • Christmas showdown for Dartford Warbler

    01 December 2006

    Natural England and housebuilders to square up at public hearing over 40,000 homes in Surrey

  • City view: Sinead Cruise

    01 December 2006

    It was the property love triangle of the year. Boy I, Great Portland Estates, is approached by girl, London Merchant Securities, and strikes up an intriguing relationship. Long-term admirers from afar, the pair discover their connection has real promise and they decide to get hitched.

  • Colliers CRE to buy Jansons

    1 December 2006

    The AIM-listed property services company, run by David Izett, is negotiating to buy Jansons & Partners, which focuses on the west London shed market.

  • Cooper to help first-time buyers

    01 December 2006

    Planning minister Yvette Cooper said last week the government would ‘shortly’ publish planning guidance to help councils build more homes for first-time buyers.

  • Developer sought for Hornsey retail and housing development

    1 December 2006

    A retail and housing development site close to Hornsey High Street in north London is up for grabs

  • Diary of … a property litigator

    01 December 2006

    Beverley Vara, head of real estate litigation at Allen & Overy, takes us through her week

  • Don’t stop the music

    01 December 2006

    A friend of mine at Akeler uncharacteristically refused the goblets of champagne on offer at Jones Lang LaSalle’s annual client party in Whitehall last week.

  • Donaldsons links up with US retail alliance

    01 December 2006

    Retail specialist also eyes Indian tie-up

  • Donaldsons sets up working group for green client advice

    01 December 2006

    Donaldsons has set up a working group to advise clients on issues of sustainability and the environment.

  • Driven round the benders

    01 December 2006

    Paul Stoodley is known on this page for buying dodgy cars off eBay.

  • Dye another day

    01 December 2006

    Developer Reland is planning mixed-use schemes on two contaminated sites.

  • Easyjet keeps Luton orange glow

    01 December 2006

    Easyjet has won planning permission to keep the bright orange exterior of its new headquarters building after overcoming objections from Luton Borough Council.

  • Eurocastle pips rivals to €2bn German buy

    01 December 2006

    Fortress-managed German investor bags DB Real Estate portfolio

  • Fabian Romania’s AIM hit

    01 December 2006

    Romanian property fund Fabian Romania is preparing to list on AIM after securing £41m from investors.

  • Felicity Devonshire

    01 December 2006

    Investor Felicity Devonshire fronts our Women’s Issue today with the news that she is set to take over a quoted property trader, writes Sinead Cruise.

  • Gazeley’s Kent ‘super-shed’ fits Carpetright

    01 December 2006

    UK’s largest carpet retailer signs for 500,000 sq ft in Purfleet

  • Geddes takes up reins at Abbey

    01 December 2006

    Abbey has appointed Susan Geddes to head its new real estate finance division.

  • Germany’s property market is no pushover

    01 December 2006

    Beware the cultural, legal and market differences

  • Get in touch with your feminine side

    01 December 2006

    More clients are looking for the female factor in property

  • Going places

    01 December 2006

    This week's movers …

  • Grainger in talks over £71.6m retirement portfolio deal

    1 December 2006

    Grainger Trust, the quoted residential property company, is in talks to buy a £71.6m portfolio of retirement properties.

  • Green politics could flatten property returns, says report

    01 December 2006

    Economists warn of growing risk of lower income streams and higher refurbishment costs

  • Hanover Square

    01 December 2006

  • Harvey Nichols

    01 December 2006

    Luxury department store Harvey Nichols is set to extend its Birmingham store in the Mailbox by 35%, taking its area to 20,831 sq ft (1,935 sq m) (West Midlands, 03.11.06). Harvey Nichols announced this week plans to expand into two units on a 35-year lease. The enlarged store will open by autumn next year. Designer brands at Harvey Nichols include Theory (left) and Temperley (right).

  • Helical Bar seals off-piste tie-ups

    01 December 2006

    Mixed-use, retirement villages, small industrial units are new markets

  • Helios ties up with Romanian Phoenix

    01 December 2006

    Helios Eastern Europe has joined forces with Romanian development company Phoenix to drive its expansion into eastern Europe’s industrial market.

  • Hotbeds Kings Cross buy

    01 December 2006

    Private investor network Hotbed has bought Marcello House in London’s King’s Cross for £8m.

  • House of Fraser to anchor £1.6bn White City scheme

    4 December 2006

    House of Fraser will occupy a 103,000 sq ft (9,568 sq m) three level store in the south east corner of Westfields White City shopping centre.

  • Hunter’s Scots fund to chase buy to let

    01 December 2006

    Fund manager launches venture with Moodie’s Ambergis Capital

  • Insurance laws went ‘too far’, says report

    01 December 2006

    A government report said this week that legislation insisting surveyors register with the Financial Services Authority (FSA) went too far.

  • Investors bay for blood as Mills’ ills escalate

    01 December 2006

    US retail developer under fire from shareholders and regulator.

  • Irish underpin portfolio with City of London buy

    01 December 2006

    US private equity fund Manager Carlyle Group has agreed a deal with Irish residential developer Menolly Group to sell a prime development in the City of London for more than £160m.

  • Kenmore to spruce up Leeds’ City House

    01 December 2006

    Developer in joint venture for 120,000 sq ft office block

  • Knight Frank staff share £31.7m bonus

    4 December 2006

    Knight Frank’s 2,731 staff shared a bonus pool of £31.7m in the year to 30 April

  • Land shortage fuels Welsh house price rises

    01 December 2006

    A shortage of development land is forcing up Welsh house prices, a study by Atisreal and Cardiff Business School has found.

  • Land tax delayed

    01 December 2006

    Chancellor to accept that full implementation of planning gain supplement is not possible by 2008

  • Landid offices tested for radiation after Russian’s poisoning

    01 December 2006

    Landid, the West End-based developer headed by former Akeler boss Trevor Silver, had its Mayfair offices tested this week for radioactive substances in the aftermath of the poisoning of Alexander Litvinenko.

  • LaSalle leaps on Frogmore asset

    01 December 2006

    LaSalle Investment Management has acquired Churchill House in Cardiff from Frogmore for £18m.

  • LaSalle makes Exemplar Thames Valley purchase

    01 December 2006

    LaSalle Investment Management’s UK ventures fund has bought Reading Bridge House in Reading for £30m from Exemplar Properties.

  • Lazari buys West End Century portfolio

    4 December 2006

    Prupim announced today that property entrepreneur Christos Lazari has bought its Century portfolio in London’s West End

  • Leeds’ leading ladies

    01 December 2006

    Council supremo Jean Dent and Montpellier chief Jan Fletcher have a mission: to turn Leeds into an iconic city.

  • Lewis Davis’s central London hat-trick

    01 December 2006

    Central Investment Properties, the London-based investment outfit run by Lewis Davis, has continued its spending spree with the acquisition of three central London properties.

  • Licence to sell

    01 December 2006

    Jennifer Shah (née White), a Bond girl in the original 1967 film of Casino Royale, has embarked on a property development venture with her husband and legendary newspaper owner, Eddy Shah.

  • Linden Homes drinks in Hatfield and Welwyn locals

    01 December 2006

    Housebuilder to develop on land around two pubs in Hertfordshire

  • Liz Peace

    01 December 2006

    At peace: BPF chief executive Liz Peace puts her feet up as she takes charge of the Women’s Issue in the editor’s chair

  • Loch Lomond Shores

    01 December 2006

    Kilmartin’s urban regeneration arm, Bloc Kilmartin, has been selected as preferred developer for phase two of Loch Lomond Shores, the gateway to Scotland’s first national park. It will work with Scottish Enterprise Dunbartonshire on the £80m regeneration project on the banks of Loch Lomond, which will have a four-star hotel, 40,000 sq ft (3,716 sq m) of retail space and flats.

  • London & Continental’s Chunnel sales

    01 December 2006

    London & Continental Railways is to sell 20 acres (8.1 ha) of surplus development sites around the High Speed One Channel Tunnel project.

  • London mayor endorses vision for ailing West End

    01 December 2006

    Report calls for better co-ordination, Oxford Street to be improved and Crossrail to be resolved

  • Lots to watch

    01 December 2006

    The Allsop commercial sale will take place at the Berkeley Hotel, London, on 6 December

  • Mitchells & Butlers assesses REIT

    01 December 2006

    Mitchells & Butlers, the pub operator, is ‘intensively’ investigating the potential benefit of turning its £5.5bn property portfolio into a REIT.

  • Multi Development enters Slovakian market

    7 December 2006

    The European firm has signed an agreement to develop a key city centre site

  • Multiplex says g’day to European funds

    01 December 2006

    Australian developer teams up with Reit to launch property fund

  • NREO’s Romanian record

    01 December 2006

    North Real Estate Opportunities Fund (NREO), the AIM-listed opportunistic investor backed by Vincent Tchenguiz, has acquired the Sibiu European Retail Park in Romania for €83m (£56.1m).

  • Oakmayne Plaza

    01 December 2006

    Developer Oakmayne Properties has received planning permission for the £70m Oakmayne Plaza in London’s Elephant and Castle. The scheme will feature three towers containing 216 homes, a 214-bedroom hotel, a five-screen arts cinema, offices, restaurants and shops. PKS is the architect. Consultant McBains Cooper is advising.

  • OK for Edinburgh’s ‘Little Venice’

    01 December 2006

    A canalside residential scheme by Mactaggart & Mickel and Miller Developments in the Fountainbridge district of Edinburgh has been given the go-ahead by planners.

  • Onward and upward

    01 December 2006

    House prices have risen for a 12th quarter and show no signs of stopping

  • Petchey toasts pubs buy with Richardsons

    01 December 2006

    Entrepreneurs carry out reverse takeover of Lord Ashcroft’s London Town

  • Planning

    01 December 2006

    Policy Economist Kate Barker is back with radical ideas on planning Environment How climate change will shape future planning policy

  • Planning: tough times ahead in the dash to go green

    01 December 2006

    David Lawson warns of potential chaos caused by a lack of national standards

  • Politicians: wake up to property’s potential

    01 December 2006

    I don’t know what it used to be like before I joined the property industry in 2002, but I am sure we are more aware of what our politicians are up to these days. This was evidenced by the interest in next week’s pre-Budget report and the annual fever of speculation over whether or not Brown will raise stamp duty before every Budget.

  • Prestbury pays £76.8m for Luminar venues

    5 December 2006

    Nick Leslau’s Prestbury Holdings has paid £76.8m for 20 properties owned by nightclub operator Luminar.

  • Prestigic first in Manc

    01 December 2006

    Prestigic Holdings’ new management team has completed its maiden acquisition for the Prestigic Equity Fund.

  • Pret A Manger unveils bite-sized kiosks for commuters

    01 December 2006

    Sandwich retailer to target airports, railways and retail parks with new format

  • Property Merchant’s Soho win

    01 December 2006

    Property Merchant Group has beaten a heavyweight shortlist of developers to secure the Marcol House development site in London’s West End.

  • Property talent is key, so why is half of society unrepresented?

    01 December 2006

    Sir, As chairman of the Association of Women in Property, I am delighted this edition is devoting itself to women in our industry and the issues they face.

  • Property wasn’t on my career list. I wanted to be a rock star

    01 December 2006

    Industry needs to educate outsiders to encourage more entrants

  • Property’s top 100 women

    01 December 2006

    When Property Week launched its search for the 100 most influential women in property, some people questioned if there were that many.

  • Property's top 100 women

    01 December 2006

    When Property Week launched its search for the 100 most influential women in property, some people questioned if there were that many.

  • Propinvest eyes £600m Gherkin

    30 November 2006

    Maud’s outfit on final shortlist for £600m 30 St Mary Axe

  • Propinvest sharpens axe for Swiss Re fight

    01 December 2006

    Maud’s outfit on final shortlist for £600m 30 St Mary Axe

  • Pub licensing objections

    01 December 2006

    Question: I live next door to a pub. The landlord has applied to the local authority to extend the hours the pub can sell alcohol. How can I stop it?

  • Quintain chairman steps down

    30 November 2006

    Nigel Ellis is stepping down at the end of March after 11 years leading the board

  • Reit ditches tower in £100m St Katherine Docks project

    1 December 2006

    Reit Asset Management has changed its controversial plans for a 15-storey residential tower at St Katharine Docks and has submitted revised planning applications for the £100m rejuvenation of the marina near Tower Bridge.

  • Relocation of Arsenal wins award

    01 December 2006

    The relocation of Arsenal FC won the mayor’s award for planning excellence at the London Planning Awards on Tuesday at City Hall. The move involved building a stadium and housing and relocating businesses, council depots and a waste transfer station, creating 1,800 jobs and 2,500 homes. Planning advisers Hepher Dixon, HOK sport architecture and structural engineer Buro Happold scooped the award. The relocation also won best planning built project.

  • Retailers need to provide a touch of Spice

    01 December 2006

    Talking shop, with Fiona Hamilton

  • Rutley’s shares in new phase ahead of REIT conversion

    01 December 2006

    Rutley European Properties, the property fund managed by Rutley Capital Partners, began a new chapter on Monday after its shares were admitted to the main market of the London Stock Exchange.

  • Saffron colours Yatra Euronext flotation

    01 December 2006

    Indian property investment adviser Saffron is poised to float a second company focused on unlocking potential in the Indian real estate market.

  • Savills acquires Dickens Watts & Dade

    4 December 2006

    Savills has today announced the acquisition of East Anglian residential and commercial property agency Dickens Watts & Dade.

  • Savills’ chief exec joins board of Indian developer

    01 December 2006

    Savills chief executive Aubrey Adams has been appointed a non-executive director of an Indian developer, which is planning to float on AIM.

  • Sheila take a bow

    01 December 2006

    Sheila McKenna, a secretary at Gerald Eve in Glasgow, picked up the firm’s best volunteer of the year award last night, and all for her dedication to rock.

  • Solo Cup pours away Alpha plans

    01 December 2006

    US tableware manufacturer Solo Cup has pulled out of a large letting at Alpha Park in Cambridgeshire after doubling its expansion plans in the UK and continental Europe.

  • Stanhope regroups after Mitsui capital injection

    01 December 2006

    Camp’s developer recruits former MEPC, Grosvenor and Westfield executives

  • Strettons’ 88% London bonanza

    01 December 2006

    Strettons achieved its best ever sale last Tuesday.

  • Strong resi lifts Grainger’s NAV

    01 December 2006

    Grainger Trust achieved a 20% increase in net asset value in the year to 30 September.

  • Syndicated debt

    01 December 2006

    Question: My banker is proposing to syndicate my debt. What does this mean for me?

  • Tenants at will

    01 December 2006

    Question: My landlord’s head lease expires this month. My sublease has expired but I trade from the premises. The freeholder says I am a tenant at will and must vacate the premises before the head lease expires. Is this right?

  • Tesco packs into Evans’ Lichfield shed

    01 December 2006

    Supermarket signs for 850,000 sq ft at Fradley Park

  • The market in minutes

    01 December 2006

    Anna Goldie gives you the lowdown on all the sectors across the region

  • The peace process

    01 December 2006

    As guest editor, BPF chief executive Liz Peace visited Property Week’s head office in central London and took a hands-on role in every stage of the magazine’s production

  • To Baldry go …

    01 December 2006

    … where no woman has gone before: Prudential, Chesterton, the Thames Gateway and now the Olympic Delivery Authority. Stuart Watson meets Lorraine Baldry

  • Top 100 women: 1 - 10

    01 December 2006

    Ruth Kelly, Liz Peace, Yvette Cooper, Julia Martin, Ann Humphries, Louise Patten, Sheila King, Kay Chaldecott, Helen Gordon, Mickola Wilson

  • Top 100 women: 11 - 20

    01 December 2006

    Lauralee Martin, Kate Barker, Jan Fletcher, Ann Gloag, Lynn Gilbert, Carol Ainscow, Sue Clayton, Felicity Devonshire, Sue Phillipson, The queen

  • Top 100 women: 21 - 30

    01 December 2006

    Fiona Morton, Alison Nimmo, Jenefer Greenwood, Lynda Shillaw, Katrine Sporle, Rebecca Worthington, Jenny Davey, Jayne McGivern, Tessa Graham, Tara Bernerd

  • Top 100 women: 31 - 40

    01 December 2006

    Sandy Gumm, Vicky Hwang, Jane Henderson, Kate Swann, Zaha Hadid, Fiona Hamilton, Lisa Ronson, Juliette Stacey, Alison Fyfe, Deirdre Foley

  • Top 100 women: 41 - 50

    01 December 2006

    Fiona Sweeney, Lucy Cummings, Lesley Chalmers, Mary Czernin, Baroness Jo Valentine, Lucy Neville-Rolfe, Lady Dido Berkeley, Deborah Aplin, Lucinda Bell, Jean Dent

  • Top 100 women: 51 - 60

    01 December 2006

    Emma Goodford, Pat Brown, Katie Kopec, Pam Alexander, Sarah Beeny, Emma Davis, Lorraine Baldry, Victoria Mitchell, Jackie Sadek, Rosemary Feenan

  • Top 100 women: 61 - 70

    01 December 2006

    Elizabeth de burgh Sidley, Susan Freeman, Joanna Averley, Nicola Horlick, Felicity Goodey, Helen Batten, Ailish Christian, Emma Sinclair, Sophie Hamilton, Ann Minogue

  • Top 100 women: 71 - 80

    01 December 2006

    Pamela Grant, Ann Heywood, Jo Allen, Judith Armitt, Kirstie Allsop, Susie Gray, Mira Bar-Hillel, Miranda Cockburn, Claire Gough, Laura Sutton

  • Top 100 women: 81 - 90

    01 December 2006

    Joanna Embling, Ann Kavanagh, Karen Queen, Zoe Bignell, Honor Chapman, Claire Wright, Sian Tunney, Jane Winfield, Stephanie Mullenger, Permjeet Sainid

  • Top 100 women: 91 - 100

    01 December 2006

    Yvonne Court, Susan Lynch, Sandi Rhys-Jones, Delva Patman, Phillippa Pickavance, Jackie Newstead, Alison Newton, Christine MacKenzie, Elspeth Burrage, Marie Hunt

  • Trouble on site

    01 December 2006

    How to plan a resolution

  • Warming to the task

    01 December 2006

    What does the government’s latest guidance on sustainability have in store for planners and developers?

  • Wet and riled

    01 December 2006

    There have been a few shrieks of excitement in the British Property Federation’s headquarters in London’s Victoria in recent weeks, and none of them were over the impending pre-Budget report.

  • Yorks + north Lincs

    01 December 2006

    The market in minutes News and deals from around the region Profile Two women are intent on making Leeds an iconic city Regeneration Dealing with contaminated sites Industrial Opus Land hopes to maximise take-up in Scunthorpe

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