All Property Week articles in 18 February 2000 – Page 3
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News
£250m office offload
British Land and Moorfield Estates are preparing to offload almost £250m of offices in the City of London and Midtown. British Land is close to bringing its office investment at 100 New Bridge Street to the market for nearly £100m and Moorfield Estates and joint venture partner Blackstone ...
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Security Capital in £200m sale
UK residential arm London & Henley on the block as US venture capitalist rethinks investment strategy
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Edinburgh energised by £20m office sale
Edinburgh s red-hot investment market received a boost this week with the sale of a refurbished office building for £20m less than three years after it was bought at auction for £1.9m. Private developer Kenmore sold Caledonian Exchange to a Far Eastern client of Hamptons International at a ...
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L&G slashes price of £125m Middlesbrough centre
Legal & General has been forced to slash the asking price of its £125m Cleveland Shopping Centre in Middlesbrough. Henderson Investors is in discussions to buy the development for around £112m £13m less than the original figure. Eight potential buyers had to fight their way through ...
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M25 spending reaches £100m
M25 Orbital Limited Partnership, the joint venture between Allied London and Blackfriars Investments, has taken its spending to almost £100m with the purchase of a landmark office building in Watford. It has bought the 6,970 sq m (75,000 sq ft) Iveco Ford House in Clarendon Road from a private investor ...
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£100m Doncaster plan
Teesland Group plans to develop a gigantic £100m industrial scheme at Redhouse Interchange, near Doncaster. The private developer, owned by the McCabe family and Bank of Scotland, has secured a prime greenfield site totalling 81ha (200 acres) to build up to 185,804 sq m (2m sq ft) of industrial, storage, ...
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St Modwen NAV hits £1 mark
Birmingham-based St Modwen Properties produced a healthy 22% increase in net asset value to 100p a share last year continuing a good run that has seen the NAV double since 1994. Last year's rise was helped by an 8% increase in the value of the investment portfolio. ...
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