All Property Week articles in 10 December 1999
View all stories from this issue.
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Insight
Testing times
It s official. London s brightest brains can be found underground. London Transport Property stormed into first place in the RICS s seventh annual property quiz, proving that when it matters, London Transport is certainly not going down the tubes. Led by Colin Smith, the LT Property team beat ...
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Insight
Room at the top
The UK hotel market is rapidly approaching the top of its investment cycle, yet there are few signs of investor interest slowing
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News
Somerfield weaves new web
Troubled supermarket chain Somerfield is looking to revive its fortunes through internet shopping and is hunting for large distribution requirements across the UK in anticipation of improved sales
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News
New man at TrizecHahn
Former Pricoa director Peter Farnfield has joined TrizecHahn Europe to buy retail and entertainment investments and developments in the UK.
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News
New high as Heathrow industrial takes off
The decade’s industrial rent record has been smashed as occupiers expand warehouse requirements in the soaring Heathrow market. Soon after the £113.02/sq m (£10.50/sq ft) record was set by Alpha Catering at Airport Gate in November, Eagle Airfreight International will pay £118.40/sq m (£11/sq ft) at Phase 5 of ...
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Insight
Local heroes make good
Disused industrial sites rarely grab the attention of big agents, which is why Countryside Commercial relies on local intelligence and selects niche operators to locate sites and find occupiers.
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News
Negative view on US giant
Credit rating agency Standard & Poor's has downgraded its classification of US real estate giant Security Capital from stable to negative.
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Markets
Preston & Fylde North-west leading lights
Preston s office and industrial reputations remain stable, while its retail sector lags.
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News
St Nick sale signals Frogmore strategy
Frogmore Estates has sold its St Nicholas Centre in Sutton, Surrey, to Dutch investor Rodamco for almost £50m. The deal nets Frogmore a £20m profit since buying the centre from Norwich Union for £29.8m in June 1997. Frogmore spent £3m refurbishing the site in the centre of Sutton ...
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News
Little Fletcher King reaps large reward
Tiny quoted surveying firm Fletcher King has increased its interim dividend by 50% after making a 52% increase in pre-tax profits to £305,000 in the six months to 31 October. Fee income was up 22% to £3.63m, and share price rose 3p to 56p, capitalising it at £4.9m. ...
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Markets
In one fell swoop
Kingmoor Properties aims to answer Cumbria s chronic shortage of business space with a single scheme the development of an 89ha former RAF base.
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News
Lipton to mastermind Singaporean UK drive
Stuart lipton , head of Stanhope, is to advise a powerful Singaporean property company as part of its plan to roll out a £400m UK development drive. Pidemco Land, which is part-owned by the Singaporean government and has assets of around £2.7bn, plans to increase its exposure to ...
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News
Regalian manages to increase dividend
Regalian has increased its interim dividend by 20%, despite making a pre-tax loss of £1.2m in the six months to 30 September.
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News
Thames Valley occupiers demand flexible leasing
Thames Valley landlords risk losing out on hi-tech occupiers if they continue to resist flexible leasing, says a report from Weatherall Green & Smith. Of 200 occupiers surveyed, 81% said they wanted shorter and more flexible leases. More than 40% of these said they would be prepared to pay ...
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News
Delancey's quick growth
No interim portfolio revaluation and a halving in pre-tax profits mask an extraordinarily acquisitive period for Delancey Estates.
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News
Corporate deals are failing shareholders
Most mergers and acquisitions fail to deliver any value for shareholders, according to research by accountancy firm KPMG. Less than one-fifth of mergers have added shareholder value, while more than half have actually destroyed it, KPMG has estimated. These results are in bold contrast with the views ...
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News
London rents set to cool
Slowing employment growth is set to put the brakes on the London and south-east property market, according to research from GVA Grimley . The 12-month average employment growth in the south-east fell by 75% between February and August this year, in a set of figures that otherwise point to ...
