All Property Week articles in 5 November 1999 – Page 2
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News
Euro firms come together
Europe s leading quoted property companies and investors have formed a body to promote the sector, which represents just 1% of total European stocks. The body, called the European Public Real Estate Association (EPRA), will be based in Amsterdam and have a board of 24, chaired by Hammerson boss ...
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News
Ronson to roll out Heron City in UK
Heron International , the property company run by Gerald Ronson , is planning to bring its Heron City leisure concept to the UK. In an exclusive interview with Property Week, Ronson said: We want to see a Heron City in every major European city where there are not less ...
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News
Investment in the capital unequalled
Office investment in the regions has shot up 50% over the past three months but still lags behind the phenomenal levels seen in London over the last quarter. According to the latest DTZ research on eight regional office markets over the third quarter, regional investment increased from ...
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News
Former factory gets the call
A Glasgow factory building, once claimed to be the largest in Europe, is about to metamorphose into a brand new office development. The 39,480 sq m (425,000 sq ft) former WD&HO Wills cigarette factory in Alexandra Parade has been bought by Glasgow-based developer Elphinstone Group for £2.5m. ...
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News
Denvale to build its largest park in Crawley
Specialist trade park developer Denvale Trade Parks has tied up a deal to create its largest trade park yet. Run by Dennis Beadle, the company this week bought a site in the centre of Crawley, West Sussex, for a 7,620 sq m (82,000 sq ft) scheme. Denvale s existing ...
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News
Britain set to lose Euro row over RDA funding
The government has quietly conceded that it is unlikely to win its battle with the European Commission over the funding of Regional Development Agencies. In May, the Commission banned the use of Partnership Investment Programme (PIP) funding a £200m grant regime which was to be transferred ...
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News
Bristol further divided on Crest scheme
Opposition to Crest Nicholson s £200m mixed-use leisure scheme at Bristol s Harbourside escalated this week after local architect George Ferguson s rival group submitted a second planning application for the site. The application was followed by an emotional meeting of the local conservation group Friends ...
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Markets
West end boys
Great Portland Estates has been rebuffed by the Pollen Estate in its takeover bid, but it is going back for more.
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Markets
Notebook Boom: bust on the way?
The West End market is on a high but might over-confidence creep in?
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Professional
Bringing valuation to book
Valuation The introduction of the Blue Book threw a new contender into the valuation ring. This report weighs up the pros and cons of the Red and Blue Books.
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News
BMW drives Great Park
German car components manufacturer Draexlmaier is the first to buy at Corporate Land s industrial site at Birmingham Great Park. Corporate Land, which masterplanned the £300m mixed-use development at the site next to Rover s Longbridge plant, is the third developer in two weeks to gain from the ...
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Markets
Comment: West End survives the Bluewater effect
The West End retail market has been the subject of steady activity over recent months and most agents would agree that demand for space remains high, though the record rentals of 12 months ago have levelled out somewhat. Despite strong competition from locations such as Bluewater and Brent Cross, the ...
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News
ECE looks for new bidders
Amsterdam-based European City Estates is seeking alternative offers after a proposed management buyout fell through this week. Peter Duffy and Peter Beckwith, ECE s independent directors, said this week they had held discussions with two other possible bidders, although they had not yet put forward acceptable proposals. It ...
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News
Property looks a good bet in a well-managed economy
In the first of a new series of articles, Stewart Robertson, director and chief UK economist of leading analyst Lombard Street Research, argues that property returns are heading for a period of stability
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News
British Land set for Broadgate rent battle
The battle lines are being drawn between NatWest and British Land at the £2bn Broadgate office complex, in the City s largest rent review of the year. Richard Ellis St Quintin s professional team has been appointed to defend the troubled banking giant ...
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News
Big four ride into town hunting for bargains
Renowned property investors Nick Leslau and Nigel Wray have teamed up with two even better known entrepreneurs, Archie Norman and Julian Richer, to target underperforming retail and leisure companies. The famous four have taken control of AIM-listed Shell company Knutsford Group and will be looking at making a ...
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News
New licence rules may bar developers
Developers of mixed-use retail and leisure schemes such as Birmingham s Brindleyplace could be hit by a report aimed at changing UK licensing laws. As part of last week s recommendations by the All-Party Parliamentary Beer Group s Licensing Law Reform Panel, the A3 planning category will be ...
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News
West End plan for Helical Bar
Helical Bar , the property company run by the sector s highest-paid boss, Mike Slade, is planning a development scheme in London s West End. The company is understood to be close to buying the leasehold of Rex House in Regent Street from St Martins Property Corporation, ...
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News
Valuation Office pressed to clear rating appeals
The government is putting pressure on the Valuation Office Agency to clear outstanding rating appeals before the new rating list is introduced in April. There are an estimated 187,000 unsettled appeal cases against the 1990 and 1995 ratings lists, which the Valuation Office Agency now has six months left ...
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