All Property Week articles in 9 July 1999 – Page 3

  • News

    Delancey bids for Milner

    9 July 1999

    Milner Estates, chaired by John Ritblat , confirmed this week that it had received a bid approach from Delancey , run by John s son Jamie. The talks are at an early stage and no offer is yet on the table. The news emphasises how keen Jamie Ritblat is ...

  • News

    Mersey banks on Guggenheim

    9 July 1999

    Liverpool is Hoping to kick-start a cultural transformation with a bid to become the third European home of the Guggenheim museum. The Guggenheim Foundation is thought to be targeting northern Europe for a site to complement its Gehry-designed home in Bilbao, Spain. Plans are already under way for a ...

  • Markets

    Another Brindleyplace for Birmingham?

    9 July 1999

    Brindleyplace, the development most directly associated with Birmingham s renaissance, is outside what was considered, historically, to be the institutional investment core of Colmore Row. Indeed, this is the first time since the early 1990s that investors are prepared to pay the same yields outside the traditional core. In 1998, ...

  • News

    Savills flying high as it outstrips DTC again

    9 July 1999

    Savills UK commercial division has outperformed DTC Debenham Tewson & Chinnocks for the fourth successive year, increasing profits by 35% to £7m in the year to 30 April. FPDSavills Commercial raised its fee income by 32% to £39m, with strong performances from its City agency and ...

  • Professional

    The high cost of tainted advice

    9 July 1999

    Environment Negligent environmental advice can result in significant damages awards. The following case illustrates the legal consequences of careless risk assessment and the importance of clarity

  • News

    Clearwater looks for a piste of the action

    9 July 1999

    Clearwater Estates, the property company backed by London & Merchant Securities, is working on plans to muscle-in on Leisure Villages £90m Snoworld scheme in Salford. It is understood that Clearwater, which is currently masterminding developments in Greenwich Reach and Kingston, has had talks with private developer Leisure Villages in ...

  • News

    Retailers want a piece of the action in Buchanan Galleries

    9 July 1999

    Rents are already rising at Glasgow s Buchanan Galleries, just three months after the scheme opened. At least three retailers have offered £300,000 a year to take over a 465 sq m (5,000 sq ft) unit now occupied by branded clothing retailer USC at a rent of £250,000. USC decided ...

  • News

    RICS pledges to bring profession in line with accountancy

    9 July 1999

    Surveying is to get hi-tech education and training to transform it into a profession on a par with accountancy or the law, the RICS General Council heard on Monday. An educational task force report Investing in Futures took centre stage at the ...

  • News

    ‘Landmark’ hotel on its way to Wembley

    9 July 1999

    A fashion company with an eye to property trends has gained outline planning consent for a 10-storey landmark hotel on the main pedestrian route to Wembley Stadium. UK company Shubette, which supplies most of the country s major department stores, wants to build the 210-bedroom hotel on ...

  • News

    £62m Porto buy for Lend Lease

    9 July 1999

    Lend Lease has upped its exposure in southern Europe by buying the A$139.7m (£62m) Arrabida shopping centre in Porto. The company is already well acquainted with its purchase the 56,700 sq m (610,320 sq ft) centre has been run by the company since it was developed ...

  • News

    CGU grabs 49 agencies in first Halifax disposal

    9 July 1999

    CGU Life, the pensions company, has bought nearly a quarter of the Halifax Property Services branches that were put on the market in April. The Halifax and CGU would not disclose the price paid on Monday for the 49 agencies, the first disposal of the 224 to be ...

  • Markets

    Will the A3 explosion bang on forever?

    9 July 1999

    Over the last three years, the West Midlands and the centre of Birmingham in particular have seen a huge level of A3 development activity, especially the establishment of branded outlets by the major leisure retailers. The principal focus of activity has been in Broad Street, ...

  • News

    Thais earmark £100m for London media plan

    9 July 1999

    Thai property company Kian Gwan is plotting an aggressive assault on the UK property market that could see it spend £100m in the next five years. The company, in conjunction with its European partner City Office Management, wants to plough money into a new venture called Media Office Limited, which ...