All Property Week articles in 16 July 1999 – Page 2
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Markets
Video Conferencing
Until last month, if you weren't at an auction, you couldn't fully experience the action. Internet bidding was alright as far as it went, but you still couldn't see what you were bidding for. The results were only available when the sale was done and dusted. Jones Lang Lasalle 's ...
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Professional
Reaching the milestone of practical completion - Landlord
The basis upon which a landlord can be deemed to have completed its building works is one of the most important and occasionally contentious issues within a pre-letting agreement
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Professional
Reaching the milestone of practical completion - Tenant
For the tenant, practical completion is the most important date. Beyond that date it loses its major bargaining counter in the pre-letting agreement
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News
US-style strategy lifts Capital & Regional NAV
Capital & Regional Properties US-style, tenant-oriented strategy is continuing to reap dividends. In the six months to 24 June, C&RP, which specialises in the retail and leisure sectors, achieved an 8% increase in net asset value to 347p a share. This translates into an annual NAV rise ...
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News
High rise for capital values
The improvement in property performance this year gathered pace in June, with capital values rising by 1% the largest monthly rise for 18 months. According to the latest Richard Ellis St Quintin s monthly index, yields continued to harden and offices joined high street shops in seeing ...
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News
Canary shares soar to new high
Canary Wharf Group has taken over from British Land as the UK's second-largest property company after its shares soared 10% last week to a new high of 450p. CWG is now capitalised at more than £3bn, compared with British Land's £2.98bn, and is in line to join the ...
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News
DETR looks for second Bristol office
The Department OF the Environment, Transport & the Regions is to announce a second beefy Bristol office requirement in less than 12 months. It is understood that the government department is planning to relocate its disparate city centre office holdings to a second new-build office development expected ...
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News
Spanish retailers bring further fashion focus to Regent Street
Mango, the Spanish retailer, signed a 20-year lease with the Crown Estate on Friday to open a shop on three levels in the former Garrard Crown Jewellers at 112 Regent Street, London W1. Rent on the 1,325 sq m (14,270 sq ft) store is believed to be around ...
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News
Moorgate move helps LandSec to Blossom
Land Securities has slotted another piece into the Blossom's Inn jigsaw puzzle to assemble one of the largest development sites in the City. The UK's only FTSE100 property company is understood to be about to move the State Bank of India out of 1-6 Milk Street, one ...
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News
British Land ties up biggest West End deal this year
British Land has had a lively week, securing a huge letting at Regent s Place in London s West End and forming a joint venture with House of Fraser. At Regent s Place, the property company has secured a pre-let to Abbey National , the largest deal in the ...
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News
Big buzz over Pollen Estate
A row has erupted over Great Portland Estates rejected £116.5m offer for the Pollen Estate in London s West End, with a series of terse letters fired off by the two parties. Great Portland Estates this week sent a letter to Drivers Jonas ...
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News
Pearson fuels Shell-Mex bids
Media group Pearson has set its heart on making Shell -Mex House its new London base by offering to rent almost half the £150m art deco office from whoever buys it. Property Week has learned that Pearson has written to the 10-plus parties that last week ...
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News
BCSC survey puts buses first
Charging motorists to drive into town centres is the least popular way of controlling traffic, according to a survey published this week by the British Council of Shopping Centres. The bcsc before responding to last year s Transport White Paper sent a questionnaire to ...
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News
BAA Lynton set to rationalise
BAA Lynton has sold AN industrial site in Farnborough Town Centre as part of its disposal plan of non-airport-related property. The airport developer was hoping to create a multiplex leisure scheme on the 6.7ha (16.5 acre) site, but has been forced to pull the plug on the development ...
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Markets
Taking stock of local authority property
The unlikeliest of real estate roads, grass verges, toilets is put to auction by local authorities. What's more, it sells. This report explains why local authorities are the latest converts to the auction scene
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Professional
Managing risk assessment
Property management Religious, ethnic, political or other minority groups are all at risk from terrorism. What strategies should managing agents implement in response?
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News
CNC and Merivale get into takeover arena
Consolidation of the smaller property companies shows no sign of abating, with news this week that two more CNC and Merivale Moore are in the throes of being taken over. CNC, which is 29.6% owned by David Kirch s Channel Hotels & Properties and ...
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News
CSFB voted best analyst
Alan Carter and Mike Prew at Credit Suisse First Boston have ousted arch rivals Robert Fowlds and Alec Pelmore at Merrill Lynch as the fund managers favourite property analysts. According to the annual Primark Extel analysts survey, the CSFB duo polled more than 36% of the ...
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News
BPF demands green action
Companies should be required by law to produce an environmental statement with their annual reports to demonstrate their commitment to sustainable construction, a cross-industry group has told the government. In its submission to environment minister Michael Meacher last week, the British Property Federation called for legislation compelling companies ...
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