All Property Week articles in 10 June 2011 – Page 3
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ProfessionalA clarion call to revitalise high street shopping experience
We should hope that the Mary Portas review into developing more prosperous and diverse high streets will prompt local authorities to make use of powers they already have in Planning Policy Statement 4: Planning for Sustainable Economic Growth.The application of this policy, first issued in 2009, results in a “town ...
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MarketsEuropean Commission directive threatens UK’s buy-to-let market
Fears are growing among mortgage lenders that a proposal by the European Commission to introduce cross-border regulation of residential loans could undermine the UK’s resurgent buy-to-let market
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Professional
Norton Rose buys two firms
Law firm Norton Rose on 1 June concluded deals to buy Canadian firm Ogilvy Renault and South African firm Deneys Reitz
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Markets
Family finances first-time buyers
London agent Sandfords claims that an increase in cash deposit contributions for first homes from parents now means the average age of first-time buyers of prime property north of Oxford Street has fallen to just 23 – 14 years younger than the national average. Director Andrew Ellinas says as many ...
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MarketsRetailers butter up Chichester market
The 200-year-old Butter Market on North Street in Chichester re-opened last weekend after a refurbishment
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ProfessionalBuilding works took shine off a tinsel-making business
The message: An employer is not generally liable for the unlawful acts of an independent contractor.
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MarketsBudget fashion and supermarkets will feed and clothe investors
In these challenging times no property investor can afford to rely on market conditions to create value
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News
Buccleuch buys Sheffield hotel
A South Yorkshire hotel is to be rebranded after being bought for £4m by the Longrose Buccleuch group, TheBusinessDesk.com reported this week. The group, in partnership with private investor syndicator Hotbed, has bought the 95-bedroom, four-star Sheffield Park Hotel from previous owner Pederson Group, which went into administration last year. ...
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ProfessionalDavis Langdon’s quality quantity surveyor wins Brum prize
Hilary Allen is Birmingham’s young professional of the year
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MarketsReceivers hope for sweet sale at Broadmeadow site in Ipswich
The 123.5 acre Broadmeadow site on Sprougthon Road in Ipswich has been put up for sale by its receivers, Jon Gershinson and Simon Davidson from Allsop
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NewsBritish Land issues Broadgate broadside
British Land, Blackstone and the City of London came out fighting this week in the battle of Broadgate – a dispute that is coming to signify whether or not London is “open for business”
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NewsOld Bond Street gem on market
The prestigious Cartier store on London’s Old Bond Street will be brought to the market for more than £16.5m next week, reflecting a yield of 3.1%
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MarketsBluewater has food on events menu
Good news for foodies. The BBC Good Food Show Spring will be coming to Bluewater shopping centre next year
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News
Stanhope scoops Bloomberg development mandate in City
Bloomberg has appointed Stanhope as development manager at Walbrook Square, in what will be one of the largest City of London development projects since the 1980s
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MarketsVesta hopes for blades of glory in Kent
Turbine company eyes up Port of Sheerness, but wants assurances
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Markets
Blackstone completes Nido block
Blackstone has this month completed the development of its latest Nido student accommodation scheme – a 277-bed block in Notting Hill, west London. The group is pushing ahead with marketing the rooms to students amid speculation over the future of Nido. Blackstone recently put its 1,000-bed student housing block in ...
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InsightDon’t blame Blackstone for exploits of Southern Cross
I have been struck – but not surprised – by the vitriol aimed at Blackstone by the newspapers, unions and politicians in the Southern Cross fiasco
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News
Energy Bill could include certificates
The property industry this week welcomed a proposed change to the Energy Bill that would help cut energy consumption in property
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NewsPrologis’s big London push
Post-AMB merger world’s largest property company targets “industrial strongholds” in west and east of capital
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News
Clark odds on to stop rise of betting shops
Minister for decentralisation Greg Clark has promised to use the government’s review of use classes to stem the rise of betting shops on the high street
