West End office market

Article Abstract:

West End of London, England, offices demand rents of up to 52.50 pounds sterling per sq ft. The number of vacant offices have fallen by 40% between 1997-1998. Some 20% of respondents considered the location of an office as a vital factor in finding new space whilst another 20% favoured the appearance of the building. Around 30% of office occupiers, in the West End, wanted leases of between 6-10 years. Some 75 senior executives of major companies, with offices in the West End of London, were interviewed by telephone.

Surveys, London, England, England, Public opinion, Office buildings, Estates Gazette (Periodical), Office leases

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Institutions question directors' options

Article Abstract:

UK property companies which run executive share option schemes often set targets which are too low, according to institutional investors. Directors are able to make large sums of money from share deals, and it is too easy to manipulate earnings figures to make the company appear more successful than it really is. Some companies use total shareholder returns as a target for their directors, but this is completely inappropriate, as directors cannot have direct control over share prices.

Analysis, Compensation and benefits, Real estate industry, Employee stock options

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