All Property Week articles in 11 February 2000 – Page 3

  • News

    Property shares plunge once again

    11 February 2000

    Hammerson and Chelsfield feel full force of share underperformance

  • Insight

    Securitisation: everything you wanted to know, but were afraid to ask

    11 February 2000

    Securitisation The conversion of illiquid property assets into paper securities that can be traded on the stock market. Property debt securitisation typically the conversion of mortgages or loans into tradeable paper has been quite common. But equity securitisation, where investors receive a share of the ...

  • Markets

    South Hampshire offices: occupiers demand more flexible accommodation

    11 February 2000

    The office market in south Hampshire has enjoyed steady, rather than dramatic, take-up over the last year. Supply in Southampton has continued to diminish with lettings agreed on three remaining buildings: Kyle Stewart s 1,900 sq m (20,600 sq ft) Arcadia House; City Estates 2,000 sq m (21,700 sq ...

  • Markets

    Cumbria Access some areas

    11 February 2000

    Variable transport access means Carlisle thrives while Whitehaven struggles.

  • News

    Plans to move nightclub to world’s tallest building

    11 February 2000

    Malory Clifford took a step closer to fulfilling his dream of erecting the world s tallest building in London after submitting a revised bid for a site in Southwark. The developer has offered private Irish property investor Holleybrook £10m for the Newington Causeway site, behind the Ministry of Sound nightclub. ...

  • News

    Daejan gets green light for London’s latest Hilton

    11 February 2000

    Hilton International s latest UK hotel will be based in London s Aldgate, after developer Daejan Holdings was this week granted planning permission by Tower Hamlets council. The 388-room hotel, designed by John Seifert Architects, will be the hotelier s first UK location to offer serviced office apartments ...

  • Markets

    South Hampshire Retail It’s what’s on the inside that counts

    11 February 2000

    Contrary to pre-Christmas rumours, retail spending in city centres is healthy.

  • Markets

    Comment: Preston’s bid for city status

    11 February 2000

    Preston has applied to become a city to mark the new millennium along with 38 other towns. What are the implications if it succeeds? Having a cathedral in the borough, contrary to popular belief, is not a prerequisite for city status. Nor is having a distinguished history or ...

  • News

    SC-US reveals £63m losses

    11 February 2000

    Security Capital subsidiary SC-US Realty made a loss of $101.5m (£63m) in the fourth quarter of 1999 after making two huge writedowns of non-core investments. The losses meant the company's full-year earnings slumped from $167m (£104m) in 1998 to just $12.8m (£8m) last year. The fourth-quarter figures were hit by ...

  • News

    THI’s £22.8m Leicester buy

    11 February 2000

    Leisure specialist THI has splashed out £22.8m on a third leisure park. The limited partnership has snapped up the Meridian Leisure Park in Leicester from AXA Sun Life at a yield of 6.4%. The fund, which is backed by the pension funds of Lloyds Bank, TSB, Shell and Legal ...

  • News

    Ashtenne sells off £100m stock

    11 February 2000

    Ashtenne Holdings has sold £40m of industrial stock, taking its total trading to almost £100m last month. This week the industrial specialist sold a £16.6m national portfolio to Charterhouse, a £13.8m portfolio in South Wales to the Second Industrial Partnership part of the Io group and ...

  • News

    Teesland and Sterling sort £10m Mail deal

    11 February 2000

    Teesland Group and Sterling Capitol Group are close to snapping up one of the biggest development sites in Leeds city centre. The company has beaten off competition from rival developers Wilson Bowden, Landmark Developments and Vico Properties to buy the Royal Mail sorting office on Wellington Street, next to Leeds ...