All Property Week articles in 19 December 2003 – Page 3
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News
Paris offices are très bien
Speculative office development in 2003 has been more prolific in Paris than in London, despite lower tenant demand and falling rents in the French capital, according to Drivers Jonas ' first Paris crane survey. The research found a total of 13.3m sq ft (1.24m sq m) of speculative office space ...
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News
Disney man is BBC's new property chief
Chris Kane replaces man behind Land Securities Trillium deal
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Markets
Barker set to tackle lack of planning discipline
It seems likely that Kate Barker's review of housing supply will lead to planning reforms beyond next year's proposed Planning and Compulsory Purchase Bill, writes Doug Morrison. But the abiding problems for developers are less to do with the legislation than with a system open to wide interpretation and inconsistency. ...
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Professional
The law made simple - One man band may face the music for land sale
The Government of Sierra Leone is pursuing proceedings against Edward Davenport and his company, Capricorn Financial Investments, in relation to a property at 33 Portland Place, London W1, which the government sold to Capricorn in 1999.The proceedings highlight two legal issues. First, the need for a contract for the sale ...
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Markets
Bad Year
While there's plenty of companies, individuals or concepts that scaled the heights in 2003, there's been others that have been less successful: Espionage In January, London property developer Point Ventures admitted to taping mobile phone messages left on the mobile phone of Conway Relf founder David Relf in the belief ...
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News
Biggest-ever lot is sold at JLL auction
Sainsbury's and Next units at Victoria Station under the hammer for £11.46m
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News
The next big match: ATIS v Weatherall
Former colleagues to meet on northern battleground for first time
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Markets
Elite housing associations get key development role
Fewer bodies will take lion's share of funds to help meet housing shortage
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News
Bank's Canary bid hit by Canadian allies
Reichmann and Brascan team up to thwart Morgan Stanley consortium
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News
Alconbury gets the go-ahead
Alconbury Developments has been given the green light for its 7m sq ft (650,315 sq m) freight distribution centre at the disused Alconbury airfield near Cambridge. The Office of the Deputy Prime Minister and the Department of Transport approved the plans to build a road and rail freight distribution centre, ...
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News
Airports review welcomed
The industry has welcomed the government’s airports review, saying it is likely to encourage economic development and release more land around the airports involved. The government announced plans on Tuesday for a new runway at Stansted, a possible new runway at Heathrow and expansion of regional airports. ‘History shows that ...
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Insight
Practicalities, not politics, should be at top of London mayor's agenda
The last word, with Steven Norris
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News
LSH gets Abbey National nod
Mapeley has appointed Lambert Smith Hampton to manage the Abbey National retail portfolio that was acquired by the outsourcing specialist in 2000. The bank will manage around 1,000 properties across the UK, through its regional network of offices. Tony Green, who was last week promoted to a ...
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News
Strettons founder Tobin dies aged 89
Strettons founding partner and first auctioneer Sidney Tobin has died at the age of 89 after a long illness. Sidney was serving articles with Bradbears Chartered Surveyors of Cannonbury when his older brother, Jack Tobin FRICS, founded Strettons in 1931 in Clapton, London. Sidney subsequently joined the partnership and opened ...
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News
Bernerd’s £865m Chelsfield bid rejected
Chelsfield ’s chances of being taken over diminished this week after its independent directors formally rejected chairman Elliott Bernerd’s 305p-a-share management buyout offer and said that no other bids were ‘forthcoming’. The independent directors, headed by Sir Bruce MacPhail said Bernerd’s bid had been rejected because ‘it may not fully ...
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News
Helical Bar and Oswin get go-ahead for £60m Solihull scheme
Helical Bar and joint venture partner Oswin Developments are to develop a £60m mixed-use scheme in one of the West Midlands' wealthiest suburbs with Coltham Developments, the industrial specialist partly owned by Andy Ruhan. The 50:50 partnership is to develop a 200,000 sq ft (18,580 sq m) scheme in ...
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News
Merry Hill sold for £29m
Chelsfield has consolidated its holdings around its Merry Hill shopping centre in Dudley by buying Merry Hill retail park for £29.4m. It has bought the property, which lies next to the shopping centre, from LaSalle Investment Management, which managed the property on behalf of Coal Pension Properties. Tenants ...
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News
Hermes' £240m Freeport deal
Fund to buy designer outlets in Yorkshire, Essex and Lancashire as part of 'Project Hastings'
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News
Property derivatives market deals could begin 'early in 2004'
A property derivatives market could be launched next year in the light of last week's announcement from the Inland Revenue that new legislation is to be introduced in next year's Finance Act. 'We hope the first transactions could take place early in 2004,' Kate Morrison, vice-president in debt capital markets ...
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Insight
The world went mad in 2003, but property remained calm
In a world of troubles, it is comforting that UK property remains an oasis of serenity. The year may be remembered for the capture of Saddam Hussein, the war in Iraq and the suicide of Dr David Kelly. Add suicide bombers and hysteria over SARS to the mix and things ...
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