All Property Week articles in 19 September 2003 – Page 3
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News
Rigby quits as LSH business overlord
Board executive and retail expert leaves MBO target after 14 years
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News
Close Brothers buys Kensington Market
Merchant bank teams up with developer Shepherd in £18m purchase
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News
Brixton sells Oxon industrial scheme
Brixton has take another step towards selling its peripheral properties to concentrate on its core west London holdings by selling the long leasehold interest at Nuffield Way Industrial Estate in Abingdon, Oxfordshire. ING Property Income Fund has bought the 1970s property covering 276,000 sq ft (25,641 sq m) of ...
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News
New managers in line for British Rail tenants
Residuary board of former rail network appoints Chesterton to advise on 1,300-property deal
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News
CLS takes London Bridge stake
CLS Holdings, with Sellar Property, has bought the 131,000 sq ft (12,170 sq m) New London Bridge House, next to their proposed London Bridge Tower development, for £39.5m. CLS said it would enable it to provide more public realm benefits if it gets the go-ahead for the tower. The ...
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News
Bracknell plumps for Stanhope
Bracknell Regeneration Partnership has confirmed the appointment of Stanhope as the lead development partner for its £500m retail-led redevelopment of the Town Centre (see ‘Bracknell’s climate change’, Property UK, 12 September, p78-81). London & Amsterdam and architect Richard Rogers Partnership have also been brought in alongside Stanhope. The partnership ...
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News
Westminster planner sets up Boxmill
The chairman of Westminster City Council’s planning policy has launched a property advisory and project management business. Tory councillor Danny Chalkley started Boxmill Consultancy after leaving NAP Sherwin earlier this year. The company is carrying out design, planning and surveying work.
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News
Bill prompts fear of rise in business rates
Business rates could soar at the next rating revaluation in 2005 because of reforms included in the Local Government Bill. The Bill, which is due to become law this week, will enable the government to increase the uniform business rate, which determines how much tax firms will pay, if rates ...
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News
Strong figures leave Hyman in the best of Health
Harry Hyman's Primary Health Properties delivered healthy figures this week on the back of increased government spending on the doctor’s surgeries it provides. The net asset value of the company, which leases new or refurbished facilities to GPs, increased by 25% to 226.8p. Pretax profits rose by 8% to ...
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News
Extension for Barking shopping mall
Chester Properties is extending Vicarage Field shopping centre in Barking, east London. A planning application has been submitted to the London Borough of Barking to increase the centre by 30,000 sq ft (2,787 sq m) from its existing 144,000 sq ft (13,780 sq m). A health and fitness club will ...
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Professional
Bargain Britain
New research reveals how rent-free periods are reducing occupation costs across the UK.
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Insight
Don’t turn your back on LionHeart
The RICS’s benevolent fund is facing a financial crisis, but we can all do our bit to help
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Insight
Long Leases under attack
The new Stamp Duty regime is not just about increasing revenue. It also fits neatly into the government’s plans to create a flexible leasing market through the Code of Practice for Commercial Leases. Stamp Duty Land Tax will discourage tenants from taking long leases because it is based on the ...
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Professional
Stick or twist: the arbitration gamble
Four points to remember before trying to up the ante
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News
US pension fund Teachers set to buy Angel Court
Teachers Insurance Annuity Association is the favourite to buy one of the largest office blocks on the market in the City of London, 1 Angel Court, EC2. Morley Fund Management, which owns the 19-storey tower, last week put it under offer to US pension fund Teachers, one of the ...
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Markets
CABE campaign aims to tackle UK's wasted space
Report slams landowners, housebuilders and councils for failing to develop derelict land
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News
Mapeley chief Spoerri leaves after strategy row
Differences over international ambitions lead to termination of contract
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News
Kier property division adds £25m
Kier Group’s property division contributed £25m to the company’s profits in the year to 30 June, up from £18m last year, the company announced this week. Chief executive John Dodds said last year’s acquisition of Laing Property had ‘provided the critical mass to transform Kier into a major player’. ...
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