All Property Week articles in 19 May 2000 – Page 2

  • News

    No millennium blues for warehouse rents

    19 May 2000

    Retail warehousing rents have shot up since the start of the year, following the depressed climate at the end of 1999, according to FPDSavills Retail Warehousing quarterly report. The report said that estimated rental value growth rose to 9.25% in the first quarter of 2000, significantly up on the 7.1% ...

  • News

    Rotch persists in Dome takeover bid

    19 May 2000

    Rotch has vowed to fight on in its bid to be involved with the Millennium Dome s future. The Tchenguiz brothers investment group is understood to have approached Nomura this week and preliminary discussions about joining its Dome Europe team have already taken place. Last week Rotch put ...

  • News

    Bank that liked to say yes says no to PFI outsourcing

    19 May 2000

    Lloyds TSB cancels plans for bidders best thing since sliced bread after negotiations stall on pricing structure

  • News

    Parkview powers on alone with Battersea landmark

    19 May 2000

    Hong Kong-based developer confident that 12.2ha power station site will finally be developed despite false starts

  • News

    EP plans revamp of former Warrington airfield

    19 May 2000

    English Partnerships is drawing up plans to redevelop a massive brownfield site in the north-west. Called Omega, the site is earmarked for up to 650,000 sq m (7m sq ft) of development mainly offices and some industrial on the site of the former Burtonwood airfield ...

  • News

    AA helps Legal & General secure majority pre-let in Farnborough

    19 May 2000

    Legal & General has pre-let two of its three buildings at Discovery Place in Farnborough. The home and road division of Centrica, formerly known as British Gas, has taken 8,830 sq m (95,000 sq ft) at a rent of £247.60/sq m (£23/sq ft). The buildings, which have been taken ...

  • News

    Prezza’s hard on green issue

    19 May 2000

    John Prescott has slammed the door on supermarkets expanding into the greenbelt with a directive that resolves a perceived dispute between the DTI and the DETR . The directive from environment secretary Prescott is a response to a report from the House of Commons Environment, Transport and Regional Affairs Select ...

  • News

    Yes to Allied’s Manchester plan

    19 May 2000

    Manchester City Council has ratified Allied London Properties plans for the £500m redevelopment of a chunk of central Manchester. The news comes as Allied London has set up a joint venture with Westbury Homes to develop one of Manchester s largest residential schemes. The development, which will front ...

  • News

    Bartram launches Rodamco ‘transparency’ crusade

    19 May 2000

    Name change, six-monthly valuations and a new accounting year on the menu for new BPF president s property company

  • News

    £40m gain for Security Capital

    19 May 2000

    Security Capital, the US property venture capital group, is back on the straight and narrow after a disappointing time last year. First-quarter results from the group showed net earnings up 40% to $0.56 (35p) a share. Total EBDADT (earnings before depreciation, amortisation and deferred taxes) were $64.3m (£40m), with most ...

  • News

    Sainsbury’s new bond issue to net £350m

    19 May 2000

    Supermarket group returns to capital markets with second sale-and-leaseback deal

  • News

    Celexa joins RPIM for £125m resi spend

    19 May 2000

    European fund manager sets out to raise £10m of equity for London fund

  • News

    Burford Mayfair well in W1

    19 May 2000

    Burford has kick-started phase 2 of its Mayfair Place scheme, with deals likely to be concluded on the first phase within weeks. Scient, the US management consultancy firm, has put three floors at 50 Berkeley Street under offer, as the Burford scheme appears to have become the principal beneficiary ...

  • Markets

    A1 corridor industrial Utilising the potential

    19 May 2000

    Rents continue to rise as demand remains unabated.

  • Markets

    M1 corridor industrial Following the latest trends

    19 May 2000

    Increased demand favours landlords as prospects for growth continue.