Taking in the view

Article Abstract:

UK Estates has a strong presence in Manchester, England, especially through its ownership of the 18,580 sq mt BT office block building near Piccadilly Station, one of the city's landmark buildings. It also has significant retail assets in Manchester, and this was one of the reasons why it attracted a hostile takeover bid from Ashquay Estates. It is in a good position to benefit from extensive urban renewal in the city, having benefited from purchasing property at the right time and holding the right investments.

Management, Company Profile, UK Estates

---

Salary levels boosted as market confidence grows

Article Abstract:

UK real estate surveyors are seeing a rise in their pay levels as the real estate market improves. A survey of more than 2,300 professionals in the real estate industry found a rise in average salaries of between 5% and 6% in 1994, with an average salary of 30,000 pounds sterling. Margins appear tight since averages fees generated indicate little improvement in turnover. Companies face the threat of losing market share if they do not retain good staff, and this will increase costs.

United Kingdom, Economic aspects, Compensation and benefits

---

Castlemore's Quay Point plans called into question

Article Abstract:

Some observers believe that Bristol-based developer Castlemore Securities will not construct all of the Quay Point scheme next to Bristol's Temple Meads Station. The developer has not previously undertaken large urban schemes, and could sell on parts of Quay Point. The development is likely to need 300 million pounds sterling of private investment.

Planning, Buildings and facilities, Bristol, England, Castlemore Securities

Similar abstracts:

• Abstracts: Slim pickings on the market. Strength in sheds. Limited options
• Abstracts: All eyes on the cinemas. Slaves to superstition. Control's damages
• Abstracts: Tapping into the e-boom. L&G's property play. Sink or swim
• Abstracts: Avoiding the biggest mistakes real estate owners make when dealing with partners and investors. Real estate JV buy/sell agreements: a brief review and critique
• Abstracts: Operating under the new Form 8-K accelerated and expanded reporting requirements. In a class by themselves: an in-depth look at the SEC's sweeping new proposed regulations for asset-backed securities

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