All Property Week articles in 9 October 2009 – Page 11
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Online
Savills: Barcelona Office Report - Autumn 2009
“Spain’s economy and office market has recently emerged from the worst performing semester since the first half of 1994, with visible signs of deterioration in most key indicators. On a more positive note, there is some indication, following the summer break, that the crisis may be bottoming out, to be ...
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Online
Colliers CRE: Manchester Offices Net Stock Absorption - Autumn 2009
“The second half of 2009 is already being marked by an encouraging increase in activity. Recent deals to Watson Wyatt, Beachcroft and the Strategic Health Authority for Grade A product have helped to underpin increasing occupier demand.”
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Markets
Your Move owner says 1980s scheme will solve private-rented dilemma
LSL Property Services has joined the industry clamour for government to improve the private-rented sector but, unlike fellow campaigners, it believes the best way is through a return to the 1980s-style business expansion scheme (BES)
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News
AstraZeneca signs up for 15-year lease
AstraZeneca has signed up for 50,000 sq ft at Development Securities’ Two Kingdom Street at Paddington Central in west London at around £45/sq ft on a 15-year lease with a rent-free period
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Professional
Two weeks left to lobby on section 106 substitute
Developers want certainty over the amount councils can charge them for local improvements
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News
Segro speedily disposes of west London asset for £100m
USS buys Great Western Industrial Park and sells headquarters of Red Bull Formula 1 racing team
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News
B&Q drills down rent by 10% at British Land-owned stores
Homewares chain negotiates reduced rents at seven warehouse stores in exchange for 20-year leases
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News
£1bn neighbourhood planned for Chelmsford
Countryside Properties and housing association L&Q are planning a £1bn neighbourhood in north-east Chelmsford, Essex
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Professional
Case news: Langley Park v Bromley (31.07.09)
When deciding whether to grant planning permission for a development, local authorities should consider alternative locations, particularly where sensitive sites are involved.
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News
Citi has taken 70,000 sq ft in Prague
US bank Citi has taken 70,000 sq ft of office and retail space at Quinlan Private Golub’s Explora Business Centre in the Prague 13 commercial district of the Czech capital, taking the first phase Jupiter Building to more than 75% let
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Online
LxB plans retail property IPO
LxB, the retail property company run by Tim Walton, is planning to float.
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Online
ProLogis puts rail freight application on hold
ProLogis has decided to review its planning application to develop the former Parkside Colliery at St Helens, Lancashire.
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Online
British Land retail trio to set up new company
Three of British Land’s top retail property people are leaving to set up their own company.
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Online
Interest rate remains at 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the base rate at 0.5%.
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Professional
I am trying to improve telecommunications services to my office.
The provider is keen to help but wants the installation of new equipment to be covered by a wayleave agreement. What is a wayleave agreement and is it really needed for this sort of activity?
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Online
Odyssey Complex plans revealed
The Odyssey Trust has unveiled its master plan for the future of the site surrounding the main Odyssey Complex in Belfast.
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Online
Wakefield green light for council offices
English Cities Fund, a partnership between Muse Developments, Legal & General and the Homes and Communities Agency, has been given the green light for the second phase of its Merchant Gate scheme in Wakefield.
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Online
LSH appoints top Brum names to new board
Lambert Smith Hampton has appointed two Midlands property heavyweights – Peter Burford and Julian Shellard – as consultants on a newly formed non-executive advisory board in Birmingham.
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Online
Boris green light for 63-storey Isle of Dogs tower
Boris Johnson has approved a 63-storey tower on the Isle of Dogs, despite Tower Hamlets rejecting the plans.