All Property Week articles in 30 April 2004 – Page 3
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News
BPF establishes property tax review taskforce
The British Property Federation has set up a taskforce to review taxation of the property industry. Headed by Ernst & Young real estate partner Richard White and Chainbow managing director Roger Southam, the BPF Tax Review aims to establish how much tax the industry should pay and ...
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Markets
Walsall URC unveils board
Walsall's urban regeneration company has made six appointments to its board of directors. Ben Reid, chief executive of Walsall-based West Midlands Co-operative Society, is the new chairman. The other five appointments are: Geoff Archenold, the founder and managing director of Aldridge-based Integrated System Technologies; Christopher Lea, a director with Stoford ...
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Markets
Grosvenor's sure bet
Any day now, Grosvenor expects to receive the go-ahead for its Paradise Street retail development. Tristan McConnell reports on why confidence is so high
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News
Industry attacks ODPM over lease legislation proposals
Property industry up in arms as government bases enforcement of code of practice on unfinished report
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Professional
Ask appoints internal legal director
North-west developer Ask has appointed Monica Coughlan to the newly created internal post of strategic legal director. Coughlan was previously a partner at Manchester office of Eversheds, where she worked on projects such as Piccadilly Triangle and Manchester Airport’s Grand Transport Interchange. She will continue to with former colleagues at ...
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News
Safestore agrees Mentmore takeover
Safestore to become UK's biggest self-storage firm with £209m purchase
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Insight
My manifesto was to put RICS members back on the agenda
I have been asked this week to reflect on the ballot on 26 March for senior vice-president of the RICS . This was a ballot in which I stood, but alas did not win. That honour went to ex-Matrics chairman John Williams, who in the final round beat Delva ...
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Professional
We're property professionals, not financial advisers
Property managers who arrange insurance for clients are to be regulated by the Financial Services Authority. Mark Jansen reports
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News
Disney review sparks global adviser battle
Advisory role on 8m sq ft portfolio could go to single firm.
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Professional
Addleshaw Goddard for Fulham appeal
Law firm Addleshaw Goddard has been appointed by developer Circadian to lead its planning appeal for the redevelopment of the Lots Road power station site in west London. Circadian proposes two residential towers of 37 and 25 storeys with associated mixed development. The scheme has been through three separate applications ...
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Insight
Southwark stands accused
Two former nightclub owners blame Southwark council for forcing them out of business. Now the Fraud Squad is investigating.
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Professional
Citex wins £9.6m DEFRA facilities contract
Citex, part of Carillion, has won a four-year contract with the Department of Environment, Food and Rural Affairs to manage facilities at its London offices. The £9.6m contract covers security, cleaning, ground maintenance, pest control and a helpdesk for 12 buildings, 11 of which were previously managed by Turner FM.
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News
Centros Miller opens £500m investment war chest
Delancey and Miller-owned developer searching for shorter-term, retail-led opportunities.
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News
Targetfollow buys Coventry leisure complex for £21.4m
A consortium of private investors has sold a leisure complex in Coventry for £21.4m. The new owner is Targetfollow, a private property company based in East Anglia and founded by former civil engineer Ardeshir Naghshineh. The 124,253 sq ft (11,544 sq m) development is anchored by cinema operator Odeon on ...
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News
Kilmartin lines up £20m Edinburgh office portfolio
Kilmartin, the Scottish property company, is set to buy a £20m Edinburgh office portfolio from Aberdeen Property Investors . A portfolio of three offices, totalling around 100,000 sq ft (9,290 sq m) is under offer to Kilmartin at a 6.5% yield. The offices are located one mile to the west ...
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News
Westfield trio to merge into £14bn global giant
Australian billionaire Frank Lowy has unveiled plans to combine his three Westfield property companies to create the world's largest shopping centre group, with A$34bn (£14bn) of assets. The Sydney-based owner of 123 malls across the US, Australia, the UK and New Zealand is merging the assets of Westfield Holdings, the ...
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News
Dixons to axe 106 stores after poor sales showing
Dixons is to close 106 high street stores within the next three months after disappointing sales figures. The stores to be shut are all Dixons shops – not Currys, The Link and PC World, which are also owned by Dixons – and comprise 2% of the group's trading space. The ...
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News
Healthcare investor seeks £100m growth
Realstar Healthcare Management Services, the UK arm of Canadian property investor Realstar Group, is aiming to increase the value of its UK portfolio of primary healthcare centres to £100m within the next 18 months. Realstar, which entered the UK market in 2002 by acquiring a portfolio of 12 new, purpose-built ...
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