All Property Week articles in 7 November 2003 – Page 3

  • News

    London boroughs west

    7 November 2003

  • News

    MCV buys Birmingham portfolio

    7 November 2003

    Private investment vehicle MCV has bought an office portfolio in the Hagley Road area of Birmingham for £20m from Chelsfield . The five properties, held on long leases from the Calthorpe Estate, total more than 200,000 sq ft (18,580 sq m) and include 1 and 2 Duchess Place, Edgbaston House ...

  • Canary Wharf
    News

    Morgan Stanley doomed as big Wharf investors say no

    7 November 2003

    Canadian Brascan and chairman Reichmann poised to reject consortium bid

  • News

    Ronson weighs up bid to buy Chelsfield

    7 November 2003

    Heron boss could foil Elliott Bernerd's management buyout

  • Markets

    Things can only get better

    7 November 2003

    There have been some rare signs of optimism in the West End office market and small deals are beginning breathe some life back into the area.

  • Professional

    Receivers have no duty to find best price

    7 November 2003

    Companies whose property assets are mortgaged to a bank and then sold by the bank to meet their liabilities are frequently disgruntled with the prices obtained by the bank on sale. The companies nearly always think they could have done better. A recent decision of the Court of Appeal has ...

  • Professional

    Three cheers for the BCO

    7 November 2003

    Its new fit-out guide is an overdue triumph

  • News

    Irish back at Oxford Street

    7 November 2003

    Private Irish investors have swooped on their second large investment this year on London’s Oxford Street. A consortium paid British Land Universal (BLU), the joint venture between BL and Great Universal Stores, £26.7m for the block at 187-195. The retail element of the 33,500 sq ft (3,112 sq m) ...

  • Markets

    They're back

    7 November 2003

    Believing that the West End has reached its lowest point, investors are flocking back to to the market.

  • News

    Property chiefs capture Treasury's attention over REITs plan

    7 November 2003

    The government has further signalled its enthusiasm towards the introduction of a tax-transparent property investment vehicle in the UK. Financial secretary to the Treasury Ruth Kelly has summoned a group of top property figures to explain how the investments could boost the industry and the economy. Planning and housing minister ...

  • News

    Liverpool arena shortlist revealed

    7 November 2003

    a shortlist of three to develop and run Liverpool’s £85m King’s Dock arena and conference centre has been named. Arrowcroft, the developer of Liverpool’s Albert Dock, is among the three companies, having linked up with media and entertainment company Bravo Network. The other two shortlisted parties are US entertainment giant ...

  • Markets

    TayWood set to appeal over Chelsea tower ruling

    7 November 2003

    Borough-straddling Lots Road scheme sparks controversy as second half is rejected

  • Markets

    Apollo turns the Key

    7 November 2003

    Decades of false starts and lost developers gave Hounslow's Key Site One a bad name. But Blenheim Norwest stepped in and has succeeded where others have failed.

  • News

    Antler buys Slough investment

    7 November 2003

    Antler Property Investments has bought 227 Bath Road in Slough from Aberdeen Asset Management for £10.25m,reflecting a net initial yield of 7.75%. The 30,670 sq ft (2,849 sq m) office building is let to Network Associates at £840,125 a year. Knight Frank advised Antler, Strutt & Parker advised ...

  • News

    House of Fraser to anchor High Wycombe scheme

    7 November 2003

    Stannifer has completed a deal with House of Fraser to anchor a retail development in the centre of High Wycombe, Buckinghamshire. The department store group has signed up for 141,500 sq ft (13,345 sq m) at Project Phoenix, a scheme that will give the town 635,000 sq ft (58,992 ...

  • News

    Auctions analysis

    7 November 2003

    Channel four’s Property Ladder programme visited Allsop ’s 29 October residential auction looking for private investors who contributed to the £33.4m raised. The programme follows private individuals who make a living from buying and renovating property. Allsop auctioneer Gary Murphy said: ‘The television researchers picked up on the trend for ...

  • News

    CBRE follows Allsop with team dedicated to private investors

    7 November 2003

    CB Richard Ellis has followed Allsop in creating a team to exclusively target private investors and collective investment schemes. Two weeks after Property Week announced the launch of Allsop's private investor team, CBRE has established a team of six to manage vehicles that will acquire property worth between ...

  • News

    Appointment of JLL man starts an age of higher risk at Hermes

    7 November 2003

    Hermes , the largest property pension fund manager, signalled a new higher-risk, higher-return era for its £5bn property portfolio this week, with the appointment of a high-flying Jones Lang LaSalle director with no previous fund management experience as its new head of property. Rupert Clarke, the managing director of ...

  • News

    Blackfriars replaces CBRE again

    7 November 2003

    Blackfriars Investments has replaced CB Richard Ellis on a second office instruction in two months. ATIS Real Weatheralls is taking over as sole agent on the Westec scheme at Hangar Lane in west London; 88,000 sq ft (8,175 sq m) remains available at £15/sq ft (£161.46/sq m). In ...