Northern Property News Roundup: 18th Jan 08

Quick update post – no links working today, I have no idea why.

 

DTZ has promoted Jonathan Turner and Ian Harrington to director level in Leeds. (hattip – thebusnessdesk.com)

 

Barratt Homes are doing better than expected. – Like for like December sales are down 15% but the order book for 08 is down only 6%. (from the Yorkshire Post)

 

UK Coal’s land has leapt in value from £69 – £415 million. Not surprisingly, now it has started to sell off some of this land, it is expecting annual profits to rise by around 300 % on their 2006 level. (From the YP)

 

We’ve heard this before but the government wants to create a supercity encompassing Sheffield Leeds and Manchester. It was reannounced at the launch of Sheffield’s city plan which also envisages the creation of another 30,000 jobs in the city. (from all over)

 

BDP, Arup, KPF Associates and Heneghan Peng have made the short list of architects for the Co-operative group’s new gateway scheme in Manchester. Helpfully, the internet contains no details at all about the proposed scheme.

 

That’s about it for today, have a good weekend.

 

Sam

Useful files available here soon

We’ve just sorted out a box.net account so we can now offer files for download. We’ve started by uploading the latest version of our newsletter but I intend to post some guides and ‘how to’s over the next few weeks.

To find the files just scroll down until you see the box.net box in the left hand menu bar and just click on the files to down load. If anyone has any white papers etc… that they would like considering for upload, please email them to me at sam.o@watersidecomms.com.

Technorati tags: Box.net

Northern Property News Update: 16th Jan 08

 

Found the Yorkshire Post post link to the TCN UK story, it is below. TCN UK announces plans for revival of Rotherham Town Centre – Click Here

 

In other news, Protego has bought a £33 m industrial estate at Clifton Moor in York. The estate comprises of 84 buildings and around 430,000 sq ft of industrial and office space. It  is let to tenants including Network Rail and Jewson, generating a rental income of £2.3m per annum on rents of around £5.18/sq ft. Full story from Property Week – Click Here

 

Also, M&S has signed up to take a 196,443 sq ft fashion, homeware and food store at the mixed use scheme in the Eastgate and Harewood Quarters of the city joining anchor John Lewis. Both Property Week and Yorkshire Post are running the story this link is to the PW site. – Click Here

 

Next update will be Friday following the YP Commercial Property supplement on Thurs.

 

Technorati tags: Commercial Property, Leeds, Sheffield, Rotherham, York

Northern Property News Roundup: 11th Jan

It’s been a while since I last posted, the Christmas break and my wedding / honeymoon have meant that I’ve been away a while. Anyway, we’re back up and running and one of my many new year’s resolutions is to keep this more up to date.

The Yorkshire Post hasn’t uploaded this week’s commercial property news yet however, in brief: TLB properties has announce a £6.5 million phase 2 expansion to Yorkshire Business Park (next to Doncaster train station.) Phase three is worth a further £13.5m and will offer around 72,000 sq ft of offices and incubation units.

TCN UK (disclaimer – one of our clients) have released plans for a £192 m regeneration of Rotherham Town Centre. Unfortunately no coverage is available online yet so I can’t link to it but it has been in both property week and the Yorkshire Post. It is a huge project covering 11 acres in the town centre and 16 acres on nearby forge island. (Artists impression below.) 

 

I’m out of time now so will post again on Monday.

Sam

 

 

Technorati tags: Commercial Property, Doncaster, Rotherham, South Yorkshire

Estates Gazette’s warning over Leeds resi prospects

Just read a piece in EG this morning. Here is the introductory paragraph.

More than 1,000 flats lie empty in Leeds – and residential investors are haunted by the fear that their flats cannot be rented or sold at anything but a substantial loss. But, amazingly, another 15,000 new flats are in the pipeline.

It goes on to demonstrate how some people are losing as much as 30% of the value of their flat. I can’t link to the article as EG “paywall” all their stuff so get hold of a paper copy, it makes for compelling reading. Particularly interesting when compared to the Linfoot piece in the Yorkshire post (link in last week’s news roundup.)

 

Sam 

Northern Property News: 10th Dec

Apologies for missing last week, the office is, strangely for the run up to Christmas, hugely busy.

 

In Leeds, Kevin Linfoot has answered critics of his Lumiere development in an interview with the Sharon Dale in the Yorkshire Post. He rejects the idea that the city is oversupplied with flats saying Green Bank (recently canceled resi development) was never going to work. Read the interview here. (link to the green bank story on last week’s roundup)

The “Yorkshire’s Finest” award winners were announced. Watson Batty won best commercial development (offices) for their new HQ in Guisely. Kevin Linfoot got the lifetime contribution award. For the rest of the winners, click here.

Town Centre Securities has sold £29.9 million of properties to Sainsbury’s. The Yorkshire Post has the story here.

Also, CTP St James has sold a 520 space carpark at St Paul’s place in Sheffield to Hanson Capital  for £21.5 million. Again, the YP has the story here.

 

In Manchester, The Bank of Scotland has chipped in £20.5 million for Ask Developments’ Central Spine scheme. Full story from the Manchester Evening News.

 

In Scarborough, York House Construction has been appointed to finish the long running £27 million Oliver’s Heights resi regeneration development, and a £25 million health park has been confirmed by the healthcare building contractor Ashley House. See www.thebusinessdesk.com for more detail on the second story.

 

That’s about it, however, there are some updates due, so I’ll post about them on Tues/Wed.

 

 

del.icio.us tags: Leeds, Manchester, Sheffield, Scarborough, Commercial Property

 

Technorati tags: Leeds, Manchester, Sheffield, Scarborough, Commercial Property

Northern Property News Roundup 30th Nov 2007

It’s been a quiet week in property and I’m lucky it has because I’ve been off ill for most of it. There are however a few stories worth reporting.

 

The old Humbrol factory in Hull is to be sold, GVA Grimley has been tasked with finding a buyer and tidying up the current, slightly dilapidated site.

Leeds based developer Bracken Ltd has bought a £3.3 m site in Northallerton from Clariant.

Property Week has a story that 5 people from Donaldsons have defected to Atisreal in Leeds. I’m not sure about this story, I had a very similar story back in September (twice actually,) so it’s possible that PW has its wires crossed. If not that’s 17 senior staff that Donaldsons has lost since its takeover by DTZ.  

Four architects are through to the final stage of the competition to redesign the kirkstall forge area, they are: Allies and Morrison, PCKO, Procter and Matthews, and Studio Egret West.

The Manchester Evening News has the story that Anglo Irish bank are doing OK despite the troubles in the property market. The bank posted a 46% rise in profits this year and it grew the UK loan book by 30%.

Unfortunately, I’m doing this from my phone so I can’t include links.

 

del.icio.us tags: Leeds, Manchester, Property

Weekly Northern Property News Update: 24th Nov

To start with, this week a number of new resources have come online including Property Week’s “Yorkshire News” page and former YP business editor David Parkin’s www.thebusinessdesk.com. Both of which promise to be usefull.

The major news seems to be south of the border. Sheffield has a new ring road, (for more on this, see our earlier post.) Henry Boot has bought a 16 acre site in Rotherham to develop a mixed use scheme. Property week has the full story here. And - Bank of Scotland is funding an £18 million JV between St James Securities and CTP is central Sheffield.

In Leeds, GVA Grimley has restructured with a £40 million investment from Lloyds TSB Development Capital. Yorkshire Post has the story, and the Yorkshire Evening Post has a story that GWC (George Wimpey City) has pulled the plug on the £100 million Green Bank hi rise flats development. 

Other than that, the stories posted throughout the week are all worth a read.

Have a good weekend.

 

Technorati tags: Sheffield, Leeds, Commercial Property, Green Bank

 

del.icio.us tags: Sheffield, Leeds, Commercial Property, Green Bank

Thebusinessdesk.com goes live

Not sure if I’m a bit behind the times here but I’ve just noticed that David Parkin’s new venture, www.thebusinessdesk.com is now live. It is likely to be a valuable business resource and should have a strong commercial property section.

David was a great journalist whilst he was business editor of the Yorkshire Post and I have high hopes of his new venture. His feed is now displayed in the left hand column of this blog.

 

Technorati tags: David Parkin, Yorkshire Business News

Property Week Goes all "Regional"

Industry mag property week has added a regional breakdown to it’s news page. Even better, the regional news is outside the paywall. Congratulations to the guys at CMPI, this is great.

del.icio.us tags: Property Week, Regional Property News

Technorati tags: Property Week, Regional Property News