A new Manhattan

Article Abstract:

The largest US bank, formed when Chase Manhattan N.A. and Chemical Bank merged in 1996, has a policy of reducing its volume of property. Chemical Bank reduced its London, England, property by 600,000 square feet in the four years prior to the merger. The merged bank has been able to consolidate its London presence in a total of 900,000 square feet of space on two sites at London Wall and Thomas More Square and plans to reduce this to 650,000 square feet by the end of 1997. The bank finds the rates and rents very high in London but nevertheless views the city as a major European location.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Banks (Finance), London, England, Chase Manhattan Bank N.A. (New York, New York), Chemical Bank (New York, New York)

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Surveyor of the heights

Article Abstract:

Knight Frank Co-Partner and Negotiator Bradley Baker emphasizes the importance of being truthful with his clients even when his suggestions are contrary to their wishes. Baker has been very successful since joining Knight Frank in 1989. He has managed several large deals for corporate purchasers including the Swiss Re acquisition of 750,000 sq ft of space, costing 100 million pounds sterling. Baker prides himself as offering clients individual attention and his expert knowledge. Baker worked at JLW for three years prior to joining Knight Frank.

Real Estate Agents, Brokers, Managers, Real Estate, Real estate agents and managers, Officials and employees, Real estate agents, Real estate management, Interview, Executives, Real estate agents and brokers, Company Profile, Knight Frank, Baker, Bradley

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When stars collide

Article Abstract:

The 3 million pounds sterling Star Site leisure complex is planned to include a 30-screen cinema in addition to retail and food outlets. The Star Site is situated at the Spaghetti Junction of the M6 at Birmingham, England. The developers point out that the Star Site is a new type of leisure facility for the UK which should appeal to the six million people in the region. Some observers suggest that the complex will face increasing competition from new leisure developments within the city centre.

Motion Picture Theaters, Motion Picture and Video Exhibition, Leisure industry, Movie theaters, Birmingham, England, England

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