All Property Week articles in 26 September 2003 – Page 3
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Insight
If a company cuts too much, it will cut out its heart
You would have enjoyed meeting CoreNet’s Bruce Russell. I sat next to him at lunch during the corporate real estate network’s conference in Amsterdam earlier this week. He painted a picture of his life in retirement on America’s east coast. After a career with Kodak, where he became vice-president, he ...
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Insight
Is it a city? Is it regeneration? No, it's Supercity
Our cities are anything but super, but Supercities UK shows the way forward
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News
Surgeries group sets up scheme to save on charges
Harry Hyman's Primary Health Properties (PHP) has launched a scheme through which private investors can buy shares in companies quoted on the stock exchange without incurring costly brokers' fees. PHP's 'Share Save' plan allows investors to buy into the company at a rate of 0.5% of the value of ...
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Markets
The city’s central reservations
While the focus in Manchester over the past couple of years has been firmly fixed on the retail shift from King Street towards Exchange Square, the rest of the city centre has stayed somewhat in the shadows. However, after Capital & Regional bought into the struggling Great Northern leisure scheme ...
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News
Fordgate continues central London spree
Private investor Fordgate is set to continue its London spending spree by buying almost £60m of properties, just two months after news of deals totalling £130m with Hammerson emerged. The company, run by Moises and Mendi Gertner, is believed to be buying two further buildings, this time from Aberdeen ...
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News
Drivers Jonas celebrates a decade of growth
Privately owned property consultant Drivers Jonas revealed this week that its turnover increased by 25% to £43.8m in the year to June. The firm, which has grown its fees for 10 successive years, also lifted profits before tax and bonuses by 36% to £7.5m. Bonuses were up 40% at ...
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Markets
CBRE and Hamptons cement residential joint venture
Contracts signed last week to exploit popularity of residential in UK and Europe
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News
Cavendish Retail Park
In LXB's purchase of Liverpool's Cavendish Retail Park (news, 19 September) Edgerley Simpson Howe jointly advised Royal London, along with FPDSavills.
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News
Warner buys Norfolk House
Warner Estate has has paid Tesco £14.8m for the freehold of the 54,000 sq ft (5.017 sq m) Norfolk House in Manchester for its Regional Office Fund with Royal Bank of Scotland . Lewis Ellis advised Warner, King Sturge acted for the vendor.
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Insight
Businesses will feel the impact of Labour's wanton spending
The last word, with Steven Norris
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News
Brixton secures Magnex letting
Brixton has secured an 11,756 sq ft (1,092 sq m) letting at its Oxford Industrial Park. Magnex Scientific has taken unit 11 at the scheme on a lease until 2015 at a rent of £7.75/sq ft (£83.42/sq m). Jones Lang LaSalle and VSL & Partners are letting agents. ...
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News
British Land in Debenhams talks
Property company in talks with venture capitalists to buy £350m of department store freeholds
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Markets
Kick-off for bold Trafford
Manchester's retail sector is gearing up for a raft of new schemes and refurbs. Simon Creasey looks at developments at the Trafford Centre, and the city centre and out-of-town markets
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NewsNewport board gives Pearl the nod
Private investor’s 130p-a-share offer a step closer to completion
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News
The bigger the better for central London offices
Landmark central London office buildings have performed much better than the remainder of the central London office market over the past 12 years, according to new research from Slade & Co and the Investment Property Databank . The research reveals that capital values for landmark buildings held by UK institutions ...
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Markets
The calm before a storm?
Manchester’s business park market is showing few signs of activity, but this may be about to change.
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Markets
City centre beats the summertime blues
In statistical terms, 2003 will look a good year for central Manchester offices. By the end of the year, two big lettings at Allied London's Spinningfields – 280,000 sq ft (26,010 sq m) to the Department of Constitutional Affairs and the 77,000 sq ft (7,150 sq m) Manchester Evening News ...
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Professional
An expensive battle over dilapidations
The judgment of the High Court on 10 July 2003 in the case of Christopher Mason v Totalfinaelf UK confirms that tenants can sometimes be better off not delivering up premises in repair at the end of their leases.It also highlights the substantial costs that can be incurred in claims ...
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