All Property Week articles in 17 September 1999
View all stories from this issue.
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Insight
Taking stock
Suddenly space is disappearing all over the south-east of England, and in a few hotspots, availability has declined to historically low levels.
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Markets
North Kent
In the past 12 months Kent, and north Kent in particular, has seen a flurry of activity. Certainly Bluewater has placed the area firmly on the map, but many property companies had already recognised the potential in an area with good road and rail communications, a ready supply ...
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Markets
Locate in Kent?
Despite words of encouragement and ambitious plans, Kent has never really achieved the status of other counties in the south-east. But is the situation changing?
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News
Hercules looks strong as profits soar
Hercules, the property services firm listed in the support services sector, increased pre-tax profits by 45% to £3.85m in the year to 30 June. Turnover more than doubled to £15.6m, as the group s five subsidiaries all upped their business. The largest contributor to profits was Heritage Insurance Services ...
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News
Glasgow office market sees rent levels at new high
Glasgow s office market is enjoying an uncharacteristic good run, research from Richard Ellis St Quintin reveals. Office take-up totalled 30,140 sq m (324,400 sq ft) for the first half of 1999, a rise of 17% on the previous six months and the highest level for two years. Increased ...
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News
Galleria gallops to top of poll
The Galleria Outlet Centre, built above the A1 at Hatfield, has topped a poll of 30 other factory outlet centres for its variety of facilities. In Going Shopping 2000, published by TW Research Associates and Weatherall Green & Smith, The Galleria which was converted to a ...
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News
MWB picks park life for third leisure fund
Marylebone Warwick Balfour this week launched its third and biggest UK leisure fund to invest in leisure parks. The move underlines the continuing attraction of the limited partnership structure to cautious UK funds, which have been reluctant to invest directly in the leisure sector. The company has ...
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News
Rotch subsidiary finds new Premisys and snaps up Foremans
Rotch Property Group s property services arm WML has changed its name to Premisys Group and bought the property services consultant FC Foreman & Partners for £2.47m. LFC Foreman, which has worked on Wates City s City Point and the Millennium Tower, will be merged with WML s ...
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News
Zell to target Europe with Equity expansion
Sam Zell, the US property tycoon, is drawing up long-term plans to target Europe with his tenant-friendly office company, Equity Office Properties. The real estate investment trust owns more than 7m sq m (75m sq ft) of office space in the US, in 285 offices. It is understood that Europe ...
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Markets
East Kent
Infrastructure improvements have been good for the west of the county, but east Kent is still seen as the poor relative. Few people recognise the progress being made in the area. Despite several significant transactions, there is a perception of too much space, low values and no demand. ...
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News
Ronson property drive set to light up London
Howard Ronson, the estranged cousin of property tycoon Gerald Ronson , is on the brink of launching a huge development drive in central London. Through his property company HRO International, he is weeks away from opening a Mayfair office to be run by two former directors of Chesterfield Properties ...
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Professional
Don't leave me this way
Not all partnerships are marriages made in heaven. Michael Simmons, partner at Finers Solicitors and consultant on professional practice problems, looks at what partners can do if one of their number strays from the fold... and two case studies show that there can be life after divorce
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Markets
West Kent offices Supply leading Kent demand
West Kent is developing a financial services focus.
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News
Delancey to ditch surveying firms
Milner Estates surveying business, which includes Conrad Ritblat and Colliers Erdman Lewis, is to be hived off by Milner s new owner, Delancey Estates. The news will be welcomed by the surveyors, which have had an uncertain future since 1997 when chief executive Philip Lewis decided to turn ...
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News
Property defies gloom from interest rate hike
Last Wednesday's surprise interest rate rise did not make for a happy Stock Market last week, but property shares mostly continued to defy the gloom. The Real Estate Index fell by 1.5% to 2078 just beating the All-Share, which dropped 1.8% to 2925 ...
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Markets
Maidstone and district Creating the right environment
Active management is the key to office lettings.
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News
Council steps in to stop sheds
Dacorum Borough Council has taken the unusual step of buying a retail warehouse park site in Hemel Hempstead to prevent its development despite the owners, Threadneedle, having won a planning appeal. Dacorum has bought the Plough site on the edge of the town from Threadneedle, fund manager ...
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News
Commercial lending market shows no sign of rallying
Investors who are finding it difficult to finance deals because of the sharp rise in the longer-term cost of money this year will not see their fortunes improve for some time. The latest Kingfisher/Property Week Index, which measures the sustainable loan-to-value ratio for property, has dropped over the last ...
