All Property Week articles in 25 August 2000 – Page 2
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Markets
Unlocking Camden
Usually the domain of youth culture shops, Camden is now attracting mainstream occupiers.
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News
Morley buys into Croydon fund
Morley Properties has snapped up a £30m stake in the Whitgift Shopping Centre Partnership from Barclays Bank UK Retirement Fund. The deal highlights the increasing level of secondary trading in limited partnership stakes following the sale earlier this month of Guardian Assurance s £25m stake in the ...
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News
London & Regional out of race to buy Center Parcs
Rumours of victory quashed as French tour operator Pierre et Vacances looks set to clinch deal
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News
Human Rights Bill could cut government planning power
The government may be prevented from calling in planning applications in the wake of a groundbreaking legal case in Scotland, where a developer successfully used the recently-adopted European Convention on Human Rights. The Court of Session in Edinburgh ruled that under the European Convention the Scottish Executive had no ...
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News
MWB waits on Malmaison bid
Marylebone Warwick Balfour will discover next week if its £90m offer for the Malmaison chain of boutique hotels has been a success. A list of around 80 potential suitors has been whittled down to three, and investors in Malmaison s parent company, US hotel giant Wyndham International, will today ...
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Insight
Paddington bared
The art of the deal is an often-overlooked feature of big development projects. Stuart Watson lifts the lid on the complex negotiations behind plans to revive London s Paddington
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News
Deutsche Bank in City shake-up
Largest City occupier reviews European property holdings, with move to Canary Wharf on the cards
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News
ARM and Enterprise complete services merger
Enterprise, the AIM-listed regeneration specialist, has completed a merger with ARM Services Group to create a £120m support services business. ARM, valued at around £125m, was about five times the size of Enterprise and eager to go public. The combined group, with turnover of £120m and a workforce of 800, ...
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News
Competitors banned from Ericsson’s HQ
West End agents amazed by telecom giant s list of unwanted neighbours
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News
Enskilda and Regus sign up for Daiwa’s City space
Enskilda Securities and Regus have signed up to Daiwa s 88 Wood Street, London EC2, as rents in the City continue to set new records for the cycle. The securities arm of the Swedish investment bank and the serviced office operator have signed up to 3,715 sq m (40,000 ...
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News
Three developers tipped to be in the lead for London’s Royal Docks
Development Securities , Helical Bar and akeler have emerged as favourites to develop 148,650 sq m (1.6m sq ft) of offices in London s Royal Docks. An official shortlist of between four and six bidders is expected to be drawn up next week but sources suggest that the ...
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News
Buybacks boos E&G’s NAV rise
Estates & General increased its net asset value by 9% to 165p a share in the first half of the year, thanks to share buy-backs and pre-tax profits of £2.6m. Buying back 2.33m shares at 88.5p in May immediately increased NAV by 6p a share. No revaluation of the ...
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News
Lion’s share of privatisations
Property, building and construction is the number one sector for public-to-private deals, according to research by KPMG Corporate Finance. In the first six months of the year, the sector accounted for 40% of the privatisation deals in the non-manufacturing sector, with MEPC s £3.4bn deal the largest. The value ...
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Markets
Planning: will north London boroughs’ UDPs conform with the mayor’s strategy?
The majority of north London boroughs are in the process of reviewing their Unitary Development Plans. The list includes Islington, Hackney, Barnet, Brent and Harrow. Camden recently adopted its UDP. It will be interesting to see how the reviews conform with the London Mayor s Spatial Development Strategy , ...
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Markets
This town ain’t big enough for the both of us
Accusations, claims and counter-claims are flying around Swindon as the plans to develop the town centre conflict with an expansion of a designer outlet.
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News
Minerva’s Croydon plan prompts Whitgift attack
Barclays Property Investment lodges complaints about rival shopping centre scheme for town centre
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News
Prescott gives ‘erotic gherkin’ the go-ahead
Deputy Prime Minister John Prescott has given the all clear for Swiss Re s erotic gherkin at the Baltic Exchange site in the City of London. The secretary of state for the DETR issued an Article 14 directive against the controversial 41-storey Lord Foster -designed building in ...
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News
Leslau to launch new ‘riskier’ Investment
Nigel Wray and Sandy Gumm are in but Prestbury director Mike Edelson passes it up
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News
Lend Lease gets OK for £720m buyback
Bluewater developer makes corporate history with Australia s biggest share buyback
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