All Property Week articles in 13 July 2007 – Page 5
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News
Rock fund goes direct
Private investor syndicate Rock Capital Group is to open its property securities fund to retail investors following approval from a retail fund trading platform.
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Markets
Rex Developments and Delph Property Group
have won planning consent for a £90m mixed-use scheme on Broad Quay in Bristol. The revised plan incorporates the old Bristol & West building and has 120 flats, four shops and a four-star, 176-bedroom hotel. Delph will let and manage half of the flats.
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News
Tour de force
Cycling fans flocked to London to watch the Tour de France grand départ in the UK last weekend but in Liverpool 80 cyclists completed a gruelling 127-mile cycle ride along the Leeds-to-Liverpool canal to celebrate the 800th birthday of both cities.
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Professional
M&A culture differs from traditional property deals
Make sure you are covered when dealing with an unfamiliar sale structure, says Bill Gloyn
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News
LandSecs works Westwood Cross
Land Securities has signed clothing retailer Peacocks at its Westwood Cross scheme in Kent.
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News
Private investors head for exit as property cracks show
Pru, Standard Life, Norwich Union and New Star act on outflows
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News
Corby switches on to Off leisure
Off Developments this week won detailed consent for its Rockingham Park leisure scheme in Corby.
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Professional
Death toll on construction sites surges by a quarter
Health and Safety Executive figures show number of workers killed rises after 2006’s record low
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News
Covent Garden consolidation
PR consultancy Consolidated has taken 5,192 sq ft of offices at 22 Endell Street, in London’s Covent Garden, at £300,000 a year on a 10-year lease. EA Shaw acted for the private investor landlord; Lambert Smith Hampton acted for Consolidated.
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News
Segro wins consent for Winnersh
Segro has received outline planning consent for the first phase of the £100m redevelopment of its EPR Architects-designed Winnersh Triangle business park in Berkshire. Construction is expected to begin in November and will be completed in 2009/10. McBains Cooper advises.
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Professional
Collecting rent, landlords’ consent for repairs
Question: My firm wants to replace its windows to improve energy efficiency. Our lease specifies the landlord’s consent is needed but is not to be unreasonably withheld. How do we go about gaining consent?
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NewsCobra Competition
Wherever the Need, supported by Cobra Foundation and Property Week, has unveiled winners for the Rugby World Cup competition.
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Markets
London Clinic’s Harley St growth
The London Clinic is set to sign a deal imminently to occupy an extension at 114-120 Harley Street in London.
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News
New Star shines in the City
New Star Unit Trust has bought the 125,000 sq ft Governor’s House on Laurence Poultney Hill in the City of London from Mourant & Co Trustees for more than £120m at an equivalent yield of 4.5%. CB Richard Ellis and Cushman & Wakefield advised the vendor
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News
City View: James Whitmore
The Crown Estate’s last financial year may go down in the annals as its best ever.
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News
China Real Estate Securities
was admitted to AIM on Wednesday and has completed its fundraising of £259m (finance, 29.06.07). It will target eight properties, including the Treasury Building in Shanghai and a city centre mixed-use scheme in Hongqiao.
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NewsRoyal London chief is King Sturge fund manager
Julia Martin, head of property at Royal London Asset Management, is to join King Sturge as head of fund management.
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News
Ronson rolls into Chelsea with ‘Clearings’ resi coup
Heron and upmarket developer Westcity are frontrunners for 1 acre John Lewis site
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News
Three cheers
DTZ ’s Mark Struckett and Robert Peto, and Donaldsons chairman Martyn Chase lunched with Property Week in Mayfair on Tuesday to explain their merger.
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Insight
Congestion charging is inevitable, so support Manchester’s plan
Sir, We applaud our political leaders in Greater Manchester for having the courage to promote a public debate on the crucial issues facing all of us on transport.
