Docklands V City: now that transport is no longer seen as a problem, Docklands' ability to offer modern vacant offices at comparatively low rents is winning over the doubters
Article Abstract:
Although the City remains the choice for most occupiers although Docklands had a successful year in 1994, and 1995 is already exceeding expectations. Relocations included Morgan Stanley and BZW. Many infrastructure problems have been overcome and the Docklands Light Railway has doubled its frequency. The Jubilee line extension will be finished in March 1998. Docklands is now the seventh largest office centre in Great Britain, offering attractive rents and scope for further development.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Investment: so far institutions and big property companies have been reluctant to invest in Docklands but as stability and growing rates of return become hallmarks of the area, the LDDC believes they will review their position
Article Abstract:
Docklands has not yet attracted mainstream institutional investors and property companies. Docklands' authorities are aiming to reassure investors that their interests will be looked after when the London Docklands Development Corporation (LDDC) is wound up in three years' time. A six stage programme will hand land over to the local authorities, and preserving the visual attractions of the water environment will be a key issue.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
No longer an outpost: a decade and a half after the London Docklands Development Corporation was set up, Docklands has finally established itself as a serious alternative to the City
Article Abstract:
Docklands is becoming more popular as an office location and there have been substantial lettings of the office, retail and leisure space at Canary Wharf. Canary Wharft Ltd is seeking solutions to infrastructure problems and the purpose built transport system which will be in operation by 1998 will provide Docklands with a comprehensive communication system.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Accounting and the holocausts of modernity. Framing and overflowing of public sector accountability innovations: a comparative study of reporting practices
- Abstracts: Identity crisis: the face of trade press publishing changes as companies seek new revenue sources. Magazine fills void in Japanese market
- Abstracts: Banking ahead: Luxembourg is already firmly in the Top Ten of world banking centres. Now it's working on promoting the right image
- Abstracts: Warnings in research and practice. The semantic associations of acoustic parameters commonly used in the design of auditory information and warning signals
- Abstracts: Down and out in Plymouth and London. Tarmac: forced sale going badly. Troubled Tarmac bails out of the housing market