LONDON-Industrial specialist Saville Gordon Estates says it is seeing 'little evidence' of a slowdown. The pace of letting activity on its industrial estates remains steady.
LONDON-Hammerson has increased its exposure to the City office market by taking a one third stake, with Greycoat and Henderson Investors, in the 313,000 sf Moor House office scheme on London Wall.
LONDON-Railtrack has made a planning application for one of the country's biggest rail-linked distribution facilities. It wants to redevelop a former coal mine near Warrington, Cheshire, with 2 million sf of distribution space.
LONDON-Listed agency Savills has announced profits virtually unchanged for the six months to 30 June 2001, despite reporting a slowdown in both investment and leasing activity in the UK.
LONDON-Listed agency Savills has announced profits virtually unchanged for the six months to 30 June 2001, despite reporting a slowdown in both investment and leasing activity in the UK.
LONDON-In one of the capital's biggest office deals this year, Barclays Bank has agreed to take 650,000 sf of the one million sf BP1 building at Churchill Place, Canary Wharf, with the flexibility to grow into the rest of the building.
LONDON-Mountcity has bought a 188,000 sf distribution unit on the M18 at Doncaster, South Yorkshire from Teesland and Shepherd Developments. The investor is amassing a sizeable portfolio of distribution property in the region.
LONDON-Mayor of London Ken Livingstone has given his approval to plans for a 43,000-seat stadium at Pickett's Lock in North London, designed to host the 2005 World Athletics Championships.
LONDON-Royal London Mutual Insurance has continued the process rebalancing its portfolio in the wake of its merger with Scottish Life. Three large distribution units in the Midlands and North-West are the latest to have been sold.
LONDON-Oil giant Shell International and its development partner Lend Lease have revised their plans for the regeneration of the Shell Centre on London's South Bank. The retail content has been cut in favour of more offices.