All articles by Tim Danaher – Page 16
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News
Texaco brings bumper Docklands lot to market
Canary Wharf will get its first stab at buying in parts of its estate when Texaco brings its Docklands head office to the market later this month. The oil company is understood to have shortlisted four agents to sell the 22,410 sq m (241,234 sq ft) office on a ...
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New deal gets Topland halfway to £1bn target
Topland Group has acquired a 38-property, mixed portfolio at a total cost of nearly £100m. The deal, the largest acquisition for the group for over two years, is part of a total spending spree of almost £200m since August 1998. With this deal, gross assets for Sol Zakay s private ...
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News
City Corp to unlock sites with lease reform review
The Corporation of London is to review the way it agrees headlease terms with property companies in a bid to promote fresh development in the Square Mile. The move follows criticisms from developers and investors frustrated by what they claim are restrictive terms imposed by the corporation when leases are ...
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News
John Laing builds up Thames Valley profile
John Laing Property is to increase its development exposure to the Thames Valley region with five separate schemes planned with a combined end value of £73m. The company, which is run by chairman Derrick Ardern, has bought sites to develop two offices in Reading, a business park in ...
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News
Hammerson angles for Flemings' City stake
Hammerson is in delicate discussions with Robert Fleming about taking a 50% stake in the merchant bank's freehold interest in 25 Copthall Avenue in the City. Although the site has not been marketed openly, it is understood that Flemings is negotiating hard for a sale in excess of £36.5m, ...
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News
Andersen to grow into enlarged Midtown site
Arthur Andersen is to end nearly two years of speculation over its central London property requirements by consolidating its offices at Arundel Great Court in Midtown. The accountancy group is due to sign a new lease with joint landlords Moorfield Estates and Blackstone in four to six weeks. ...
