R & R becomes big business

Article Abstract:

Property investors are becoming increasingly interested in the leisure sector as new out-of-town leisure developments attract large numbers of customers. Marylebone Warwick Balfour has announced plans for a 120 million pounds sterling leisure fund, for example, while Burford Group is to float the Trocadero entertainment centre, using the money raised to invest in other leisure schemes. It is believed that there is up to 1 billion pounds sterling available to be invested in out-of-town leisure developments.

---

Bristol tests Gummer's latest leisure guidelines

Article Abstract:

The UK secretary of state for the environment will examine proposals by THI to build a multiplex at north Bristol, Avon, England. The site is owned by Mercury Asset Management. John Gummer, secretary of state, has recommended that leisure developments be located in central urban areas rather than on the outskirts. There is some confusion over this recommendation which is focused on retail developments. The THI proposal is thus seen as a test case for the new guidelines.

United Kingdom, Laws, regulations and rules, Real estate industry, Environmental policy, Urban policy

---

BT rings round for shed space

Article Abstract:

British Telecom is believed to be planning to establish a national call centre, and is therefore seeking shed space in the north of Britain. It is looking for up to five warehouses, each offering around 11,150 sq mt. Offices will account for around a third of each floorplate, with the rest remaining open-plan. This approach will make the company more competitive against mobile phone operators.

Telecommunications services industry, Telecommunications industry, British Telecommunications PLC, Buildings and facilities

Similar abstracts:

• Abstracts: Getting back to business. Harvesting profits in the green belt. Putting a square peg in a round hole
• Abstracts: A cross to bear. Proving slow to shed its past. Market values
• Abstracts: North American Telecom pushes the right business buttons ... but not necessarily everywhere. Worldwide information infrastructure explosion paves the high-tech highway for business
• Abstracts: Termination of leases. Lease renewals after the 1995 Act. Voluntary arrangments - ll
• Abstracts: A question of integrity in a mixed-use world. Balancing the books. Lightening the heavy load

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.