All articles by Katherine Rushton
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Online
Bleak outlook for City offices
The City office market has suffered another blow with the announcement that supply is at its highest level for 10 years while take-up is still dwindling.
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Online
Freeport trio withdraw offer
The three entrepreneurs who in April made a tentative bid for factory outlet developer Freeport, have officially withdrawn their offer.
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Online
West LB pulls out of AWG takeover bid
West LB has withdrawn its offer to fund Gordon Morrison in a takeover bid for AWG, the company that bought his family's construction and property business three years ago.
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Online
Bloom released in two weeks
Baron Bloom, the property developer convicted of indecently assaulting a 15 year-old girl, has had his one-year sentence cut to three months.
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Online
Morgan Stanley makes Canary Wharf takeover approach
Morgan Stanley has made a takeover approach for Canary Wharf Group, it revealed in an announcement to the stock exchange this morning.
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Online
Selfridges shareholders weigh up Weston and Tchenguiz
Ownership of Selfridges still remains uncertain after Galen Weston announced this morning that his Oxford Acquisitions vehicle had gained 25.7% acceptances from the company’s shareholders for his 392¼p-a-share takeover bid.
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Online
Southwark aims for third-time lucky at Elephant and Castle
Southwark Council today unveiled its third proposal for the £1bn redevelopment of the Elephant and Castle area in south London.
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Online
Shell and Sainsbury’s unveil store plan
Shell and Sainsbury’s today announced it will apply for planning permission for 100 new ‘Sainsbury’s Local’ stores at Shell petrol stations.
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Online
Network Rail ditches solo plans for partnerships
Network Rail, the operator of Britain’s rail network, is to scrap solo property schemes and concentrate on partnerships with developers, it revealed in a strategic review today.
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Online
Lend Lease scraps Euro fund plan
Lend Lease is scrapping plans to launch its sixth European investment fund as part of its long-awaited restructuring revealed this morning.
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Online
DVLA buys 43,000 sq ft in Swansea
Swansea-based developer Sylfaen has presold a 43,000 sq ft (3,995 sq m) centre to the Driver and Vehicle Licensing Agency on its Cedar Court site in Swansea Vale.
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Professional
Lost for words
'Real estate does not speak the language of business.' This is the charge to be levelled at the industry in a debate at the British Council for Offices' annual conference in Barcelona
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Online
£41m Helical Bar sale
Helical Bar has sold its largest asset for £41m to Scottish investor Dunedin Property and US property lender General Motors Acceptance Corporation (GMAC).
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Online
JER goes for Le May
JER Partners has appointed Morley Fund Management’s former deputy chief executive officer as its president in Europe, following Alex MacLachlan’s departure which emerged last week.
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Online
Montagu Evans takes 50% Inpartnership stake
Montagu Evans has taken a 50% stake in a Scottish regeneration company.
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Online
M25 offices in the slow lane
The M25 office market deteriorated in the first quarter, according to Knight Frank’s latest report on the area published today.
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Online
CBRE reports first-quarter net losses
CB Richard Ellis (CBRE), the global real estate company in merger talks with Insignia, today reported reduced net losses for the first quarter of 2003.
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Online
Thames Gateway bridge plan revealed
Proposals for a new £425m Thames Gateway road-bridge will be put out to public consultation today.
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Online
Tchenguiz continues fight for Selfridges
The race for Selfridges is still on after a rival consortium to Canadian billionaire Galen Weston said it was plotting an offer for the department store group.
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Online
Weston captures £598m Selfridges
Selfridges today announced that it has agreed to a £598m takeover bid from Canadian billionaire Galen Weston.
