Schemes sidetracked

Article Abstract:

Railtrack's plans to spend 120 million pounds sterling on property development schemes has been put in abeyance since the Labour government came to power in May 1997. Plans to spend 1 billion pounds sterling on the renovation of four of the 14 major stations is likely to go ahead. Sales of property in 1997 is predicted to make a profit of 35 million pounds sterling. The outcome of a windfall tax on Railtrack is unknown and government authorities have promised to invest any profits from Railtrack's property development schemes back into the railway.

Holding companies, not elsewhere classified, Offices of Other Holding Companies, Railroad Holding Companies, United Kingdom, Finance, Company Profile, RailTrack PLC

---

Is the MOD sell-off going off half-cocked?: the successful bidder in the government's latest money-making scheme could be the recipient of a political hot potato

Article Abstract:

The possible sale of the MOD housing estate to John Beckwith caused furore amongst Tory backbenchers and the Opposition, along with army wives who fear eviction, rising rents and ruthless foreign landlords. There is much foreign interest and all bids involve foreign funds. The bid by Japanese bank Nomura is considered sensitive and British partner Amec has recently won a PFI contract. ING of the Netherlands has the financial strength and experience but lacks a British partner.

Housing, United Kingdom. Ministry of Defence

---

Hardback edition: On the eve of its demerger from WH Smith, Waterstone's MD Alan Giles is ready to take on the US book retailers

Article Abstract:

Alan Giles, managing director of Waterstone's book retailers, believes that the proposed joint venture with Dillons will create an exciting new company. The new venture will continue the mission to open a further 70 Waterstone's and will meet the challenge posed by Borders, a US bookseller, which plans to expand in the UK.

Book Publishers, Books, Book Printing & Publishing, Publishing industry, Joint ventures, Book publishing, Waterstone's Booksellers Ltd., Dillons Bookstore Group

Similar abstracts:

• Abstracts: Effects of the real estate losses of Japanese banks. Asian investment in U.S. real estate: new buyers enter the market
• Abstracts: Securing the 'pipes'. Code of ethics and standards of practice of the National Association of Realtors. Make your voice heard
• Abstracts: IRS requires capitalization of lease termination payment where purpose is move to owner-occupied premises. Anticipatory abandonment of old building: deduction allowed for demolition when building retired from use
• Abstracts: Synchronicity and indexing theory of international real estate cycles. An approach to net lease real estate investment
• Abstracts: Heart of the matter. Fast forward on the big screen. Looking for more than a pretty face

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