Factory flaws

Article Abstract:

A study has found that UK manufacturing companies often fail to manage their property, in order to get the maximum benefit from their assets. Only 8.1%, of the firms questioned, used surveyors for advice on future property requirements although 66% had consulted property experts for more general information on property matters. The study also found that less than 1% of firms had a director whose main responsibility was property. Manufacturers should manage their property more aggressively and devise a property strategy. Some 1,750 manufacturers were questioned.

MISCELLANEOUS MANUFACTURING INDUSTRIES, Manufacturing NEC, All Other Miscellaneous Manufacturing, Manufacturing industry, Manufacturing industries, Real estate, Surveys, Real property

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Universities challenged

Article Abstract:

Some professors have blamed the surveying profession for the lack of surveying students because of the low pay and the old fashioned attitudes of employers. The universities are trying to open up the profession by accepting more women and people from ethnic minorities. The Royal Institution of Chartered Surveyors suggests accepting other graduates into the profession would be unfair to surveying graduates. The number of surveying graduates had fallen from 1,929 in 1994, to 1,419 in 1997. Employers welcome the inclusion of business in some property courses.

Universities and colleges, Training, Curricula, College curriculum, Royal Institution of Chartered Surveyors, Surveying

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Into a larger area

Article Abstract:

WS Atkins paid 50 million pounds sterling for the surveying company Lambert Smith Hampton. The management of WS Atkins see the acquisition as an opportunity to offer a wider range of services to their clients, such as facilities management and property management. The companies will be managed separately. Some offices may be no longer required but staffing levels will remain the same. The deal took three weeks to negotiate and was agreed on June 17, 1999.

Real estate agents and managers, Real Estate Management, Activities Related to Real Estate, Mergers, acquisitions and divestments, Company Profile, Lambert Smith Hampton Ltd., W.S. Atkins PLC

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