All Property Week articles in 19 April 2013 – Page 5
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NewsDragon on line one
Dragon’s Den entrepreneur Peter Jones revealed he is no re breather after he surprised several retail landlords, among them Capital Regional, by personally calling up to negotiate deals on a portfolio of stores for his newly acquired Jessops brand.
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NewsNew Yorker takes on Covent Garden
New York-based investment firm Northwood Investors is close to buying 90 Long Acre in London’s Covent Garden for around £160m-£165m, PropertyWeek.com revealed this week.
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NewsObsolete regional offices ripe for conversion
More than a quarter of vacant regional office property will never be let again, and 7.4m sq ft is suitable for change of use, research by Lambert Smith Hampton showed this week.
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NewsReubens win In and Out consent
Billionaire brothers David and Simon Reuben this week got the go-ahead to turn Piccadilly’s In and Out Club into Britain’s most expensive single home ever.
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InsightHow Halfords confronted its service history full on
There has been a large number of retail updates in the last few weeks and, although the headline numbers from Halfords no more than meet expectations - strong sales growth in car maintenance, poor cycling turnoverbecause of the cold weather - the positive direction in which the company is moving ...
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ProfessionalOffices and leisure parks cut service charges, shopping malls still face challenges
Jones Lang LaSalle survey reveals which sectors have reduced costs. Sarah Townsend reports
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Insight
Thatcher’s challenge — and her legacy
Sir, Having started my career in 1974 in property recoveries and remained in the industry in one guise or another ever since, I have worked through several booms and busts.
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MarketsIntu takes its shopping centres online
Bespoke special offers delivered by smartphone as customers browse the shops will enhance the shopping experience for consumers at Intu Properties’ 15 shopping centres.
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NewsCardiff pillow talk
The Radisson Blu in Cardiff, the Welsh capital’s tallest building, has been put up for sale for around £20m.
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NewsCrown’s curtain call for Coliseum in Cheshire
The Crown Estate this week completed the purchase of Coliseum Shopping Park in Cheshire Oaks for £81m, and also let 80,000 sq ft across its out-of-town retail portfolio.
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MarketsQ+A: Stephen Stone on Help to Buy
On 4 April, chancellor George Osborne launched the government’s Help to Buy scheme at Crest Nicholson’s Denby Bank development in Ripley. Property Week spoke to Stephen Stone, Crest’s chief executive (pictured), during the visit.
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InsightIn London the super-rich buy up neighbourhoods, in New York they buy in the sky
Just as in London, certain New York properties appeal to the planet’s ultra-wealthy seeking a nest in a city rich in worldly pleasures and secure from long-term economic risk.
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MarketsDuchy of Lancaster’s Clarke breaks free
Outgoing chief executive makes redevelopment of former prison his last job. Simon Donohue reports
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MarketsManchester police to release Bootle Street from custody
Site in city centre ripe for redevelopment after division relocation. Nick Johnstone reports
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NewsBlackfriars hotel on block
Berkeley Group has put the hotel element of its One Blackfriars scheme on the south bank of the Thames up for sale, for around £50m.
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NewsHigh yields tempt Grosvenor to venture beyond Mayfair
Indirect investments into sectors such as industrial accounted for £49m of company’s £87m profits last year
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ProfessionalDevelopers beware: when properties transfer, obligations may not
Parties entering into a contract with each other must exercise caution when considering what might happen if one of the parties disposes of its interest — in particular, whether successors in title are bound by positive obligations.
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News‘Emotional’ Dreams founder puts Buzz to bed
Dreams founder Mike Clare has put the expansion of his new retail concept, Buzz Beds, on hold.
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ProfessionalRICS to be a standard bearer for property worldwide
Organisations across globe will create new industry standards. Hardeep Sandher reports
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Insight
Tax the land bankers
Sir, James Hayes’ suggestion of a tax on undeveloped developable land is surely right (feedback, 05.04.13).
