All Property Week articles in 13 February 2004 – Page 4
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Markets
Frogmore chosen for Bath Post Office regeneration
Joint venture team are preferred developers for £15m mixed-use scheme
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News
Basingstoke industrial letting
MEPC has let a 30,534 sq ft (1,932 sq m) refurbished industrial unit, Cherrywood at Chineham Park in Basingstoke, to Alida Health & Beauty on a 10-year lease at £6.65/sq ft (£71.60/ sq m). Vail Williams acted for the landlord.
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News
Lords urged to ban mezzanine floors
The government is working on plans to all but outlaw mezzanine floors in out-of-town retail developments. Regeneration minister Lord Rooker told the House of Lords that he wanted to change planning rules to prevent retailers from increasing floorspace without having to apply for planning permission. Rooker said retailers who extended ...
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News
Auctions
Results Harman Healey Kensington and Chelsea Town Hall, London W8 Lots offered: 99; lots sold: 90; percentage sold: 91%; total raised: £9.8m Countrywide New Connaught Rooms, London WC2B Lots offered: 38; lots sold: 30; percentage sold: 79%; amount raised: £4.3m Next Move New Connaught Rooms, Great Queen Street, London ...
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Professional
Landlords under attack on default
A Law Commission White Paper is proposing total reform of the law of lease forfeiture.
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Professional
Asda planning permission win
Supermarket group ASDA and the Heart of England Co-operative Society have won planning permission for a 129,150 sq ft (12,000 sq m) shopping complex in the Town Centre of Rugby, Warwickshire. The development will comprise a 87,922 sq ft (8,168 sq m) Asda store and 17 smaller shops totalling 40,800 ...
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News
Livingstone support for tall buildings approved
London mayor Ken Livingstone has won his battle to support the development of tall buildings in London. The final version of the London Plan, adopted as official planning strategy on Tuesday, includes a statement of support for tall buildings and outlaws borough-wide building height restrictions. An independent review recommended ...
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Insight
Canary Wharf bids are approaching the right price
If you are sweating on a deal, spare a thought for Morgan Stanley Real Estate Fund chief John Carrafiell and up to 40 of his investment banker colleagues. They have been holed up in offices and hotels at Canary Wharf for nine months running cash flow calculations over how to ...
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Professional
Higginson appointment at Trowers & Hamlins
Michael Higginson has joined City law firm Trowers & Hamlins as a partner in its commercial property department. He was previously a partner with Radcliffes Le Brasseur, where he had worked since 1981. Trowers & Hamlins also added Sue Hearn, previously a partner at Eversheds, to its property department in ...
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Markets
Crossover appeal
Developer Tilfen Land hopes a planned bridge at Thamesmead will broaden the appeal of its local schemes. Others see the crossing as vital to the wider prosperity of the South Thames Gateway area.
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News
Allsop axes out-of-town
Allsop has closed its out-of-town agency department to focus on its core London market.Partner Andrew Tyldesley and associate Simon Bailey have been laid off and it has given up its seven out-of-town leasing instructions. Allsop was appointed on nearly 450,000 sq ft (41,806 sq m) of offices, including: Development ...
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Professional
Rebirth of the Royal Albert Hall
The £70m refurbishment of the Royal Albert Hall has provided a lesson in how high-profile restorations should be done.
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News
Property shares resurgent after three-week slide
Property shares got back on track last week, halting a three-week slide. The Real Estate Index rose by 2.7% to 2481, driven by an upbeat report from Merrill Lynch . It outperformed the All-Share’s index’s small increase to 2196. All six majors, apart from Slough, had good increases. Shares in ...
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News
Broadhurst appointed as special adviser to CSFB
Former JLL Europe chief joins four big names, including former PM, as senior adviser
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Markets
Eade on: In and Out, shake it all about
The former In and Out Club's transformation into a hotel and leisure complex will signal the end of 200 years of history
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News
L&G fires up retail market with £90m Preston sale
Legal & General is set to reignite the shopping centre market by selling St George's shopping centre in Preston, Lancashire, for more than £90m. The fund manager has appointed DTZ to sell the 270,000 sq ft (25,083 sq m) Town Centre scheme, which has more than 100 ...
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News
Aberdeen office sold for £8.5m
Matrix Amoco Limited Partnership has sold a 33,000 sq ft (3,066 sq m) office building in Aberdeen’s West End to local company Andrew’s Homes for around £8.5m. The sale of 1-5 Albyn Place followed the letting of the building to Aberdeen Asset Management and Royal Bank of Scotland for ...
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News
Helios wins race for £300m tech park
Industrial specialist chosen to develop key north-east project
