All Property Week articles in 15 October 1999
View all stories from this issue.
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Insight
Regions in the spotlight
Tonight the curtain falls after a sell-out week of the musical Annie at the new theatre at Milton Keynes (below). The people of Milton Keynes have many heroes to applaud for making their 1,400-seat theatre a reality. One is John Mapleton, the former director of the Commission for the New ...
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Markets
Retail Quay to retail success
West Quay has forced other centres to reposition their retail offer.
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News
Rugby profits take a tumble
A relative absence of trading profits hurt Rugby Estates in the six months to 31 July. Pre-tax profits were down from £7.1m in 1998, which was helped by a one-off gain of £6.6m, to £1.4m. A review of property values by the directors indicates a net asset value of ...
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Insight
The politics of parking
The government wants to end our love affair with the car. Now developers are in the firing line as tough new planning guidance is set to slash the number of parking spaces in new buildings.
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News
Newport outwits Petchey
Peter Lewin appears to have outmanoeuvred Jack Petchey and saved Newport Holdings from the clutches of a bidder. Lewin, chief executive of Newport, who is trying to beat off a 120p-a-share offer from Petchey s Trefick vehicle, made his decisive move on 1 October. He and non-executive director ...
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Markets
Return of the natives
As the military pulls out, Dorset is finding new uses for the sites the services are leaving behind.
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Professional
Our men in Havana
A small firm that lists Borough High Street and Havana as emerging markets is certainly not typical. Christine Eade delves into the mindset that puts Stirling Ackroyd on the cutting edge
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Markets
North Hampshire offices
The North Hampshire office market has seen record rental levels and strong demand in recent years. Unprecedented rents have been achieved in the Blackwater Valley, with other major business locations, such as Basingstoke and Hook, following the Valley s lead. Basingstoke has always been the last town to bounce back ...
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Professional
The new stamping ground
The latest changes to stamp duty legislation could mean huge interest payments for property investors and developers who fail to pay the duty within 30 days of completion
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Professional
Get more value from VM
What are the implications of merging value and project management
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News
Self-storage gets more funding
The fledgling self- storage sector received its third slug of institutional money this week. Deutsche Bank, Credit Suisse First Boston, Fremont Realty Capital and AIG Global Real Estate Investment Corporation have joined forces to buy a 43% stake in the Shurgard s European operation, Shurgard Benelux. The acquisition follows ...
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News
Lend Lease joins forces with Sam Zell in global investment push
Lend Lease underlined its aggressive push into the European and US markets this week with the formation of a joint venture with US property tycoon Sam Zell. The giant Australian property investor, which last week acquired Bovis for £285m, also said that it is looking to employ a similar ...
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Markets
Opinion: Winchester needs to expand to keep up
Winchester has set a framework for change but admits it can only be achieved with development and investment. So where will this be? There is pressure to build more houses, but jobs must be created so the city does not become a dormitory for commuters. It would seem that the ...
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News
EVA replaces NAV as share rating method
Capital Shopping Centres and Land Securities have produced the highest returns relative to their cost of capital over the past four years. This is based on a new method of rating property firms that takes into account operating profits as well as net asset value. At the other ...
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News
Is this the end for the long-term lease?
The long-term lease's days could be numbered, a leading industry body has warned. The Investment Property Forum this week called on the industry to assess urgently the impact of proposed changes to accounting practices due to take effect in 2002. In its latest report, Forum View, IPF chairman Rupert ...
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News
Edinburgh drives ScotMet
The buoyant Edinburgh retail market continues to drive growth at medium-sized investor Scottish Metropolitan. The company s Edinburgh shops, which account for 40% of its £285m portfolio, were the star performers, rising by 7% in value in the year to 15 August. Scottish industrial properties rose by ...
