All Property Week articles in 8 October 1999 – Page 3
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News
Savills’ Dallas connection starts new wave of US ties
FPDSavills is in merger talks with the 5,100-strong US broker and developer Trammell Crow. Executives from the two companies are understood to have met in London and the US for preliminary discussions about sealing a deal that would involve equity transfer. The discussions represent the beginning of ...
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News
DETR’s delay on rating enrages occupiers
Occupiers have slammed the government for its failure to make a swift decision over the transitional phasing of rating bills, which has now been delayed for two months. The DETR was expected to make an announcement on the relief the system of phasing in rises and ...
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News
Morrison’s Plaza fills up
Morrison Developments has tied up the two remaining anchors on its £65m Broadway Plaza leisure scheme in Birmingham. Wessex Leisure Group this week signed up to open a tenpin bowling alley. The leisure operator which already operates five sites in the south of England is taking 2,880 sq m (31,000 ...
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News
Unite’s share placing boost
Unite Group, the student accomodation developer, is raising £1.5m from a placing of shares at 125p each. The placing by broker Teather & Greenwood was at a small discount to the previous share price of 131p. New funds will allow us to take further advantage of the continuing ...
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News
Property industry attacks ‘woolly’ RDAs
England s eight Regional Development Agencies were attacked from all quarters of the property industry this week for producing woolly proposals. As the RDAs prepared to submit their final strategies to government, the RICS said that their failure to address development and regeneration issues could render them ...
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News
FRS13 standard proves lucky for Minerva debt
FRS13, the new accounting standard that requires companies to state the market value of their debt, has been the bane of property companies this year except for Minerva . Chief executive Andrew Rosenfeld revealed this week that the value of Minerva s debt is actually less than ...
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News
BH&S trumps rival with £100m resi fund
Baring Houston & Saunders has stolen a march on rival Schroders by starting a £100m offshore property unit trust to invest in the residential sector. Launched this week, the firm s Residential Property Fund is the first of a series of specialist property investment funds planned by BH&S, the ...
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News
City faces £1.29bn investment challenge
The City must complete £1.29bn of investment deals in the final quarter of the year to avoid falling short of 1998 s £3bn record. King Sturge research to be published next week will highlight the fourth successive quarterly fall in total investment, leaving agents with a mountain to climb ...
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