Estates Gazette 1511 – 21 March 2015

Estates Gazette 1511 – 21 March 2015 The week 5 Editor’s comment 6 Briefing: The great property crash of 2017? News 41 Cain Hoy takes £750m Stage… 41 …as the next slice of Shoreditch hits the market 42 Capita builds with Malcolm Hollis buy 42 Grosvenor mall tempts Miami money 42 Capita Land closes in on Bankside Quarter 42 Deals 43 Partners sought for slice of New Oxford Street 43 UCL enrols on new course at Here East 43 Lebara makes call for new HQ 43 Vertical village for Granada site 44 Rates deal double-edged sword 44 Regions to reap rewards from Help to Buy ISA 44 Start-ups sign up as NOMA pioneers 44 Budget in brief 45 Universal players unite for €440m Big Bang 45 C&C and Boot kick off Manchester Kampus 45 Rising dollar makes London more affordable 45 Regent Street owners double their money 46 Blackstone MC pops up in retail 46 Models Own plays Bottleshop 46 Vietnam tops C&W’s outsourcing league 46 Global round-up 49 Analysis: Argent full steam ahead Finance 53 Savills boosts IM platform 53 Rocco Forte hotel sends debt down the river 53 In brief 54 Investors eye prosperous C&W 54 Deutsche Bank launches €175m Irish CMBS 54 Shaftesbury goes down refi avenue 54 €300m AEW Europe vehicle to load up on German retail 55 Rebecca Worthington: A thoughtful MIPIM Auctions 57 Volumes fall in first quarter 57 Retail lots on the up 57 London lots push Barnard Marcus to £21m 57 In brief Comment 58 David Pringle & Chris Darroch: With Sir Howard at the helm, Manchester powers on 59 Jane Hollinshead: Retail resilience will be down to embracing tech 60 Martin Curtis: Local government reform is vital 61 Neil Singer: Tech is changing agency fast than you may think In depth: MIPIM debates 62 The power of global cities 64 Coming together for devolution 66 Investing in London 68 Next generation 70 A vision for London Interview 72 Melanie Leech: Food for thought 76 Patel Taylor: The developers’ choice Focus: Ireland 80 Around the market 82 Offices: Rents with no returns 86 Investment: The retail revival 89 On the comback trail 90 Investment: Roll up, roll up! 94 Offices: A wave of demand 98 Leisure: JD Wetherspoon taps into Ireland Practice & law 100 Urban planning: A smart and sustainable urban future 103 Telecoms: Untangling telecoms for the modern age 104 Development: Holding back the river 106 Practice point: Linguistic changes made by statutory instrument have not changed the effect of the 1954 Act (PP 2015/26) 106 Practice point: When is it unsafe to rely on a retrospective planning application (PP 2015/40) 107 Communal heating: Landlords feel the heat 108 Michael Walsh: An English (leasehold) reformation? 109 Legal notes: Commercial property – all beached up 110 Case summary: Aster Communities Ltd (formerly Flourish Homes Ltd) v Akerman-Livingstone 111 Case summary: R (on the application of HS2 Action Alliance Ltd and another) v Secretary of State for Transport EG life 114 Expenses: It’s payback time 116 Events 126 Diary   Estates Gazette 1510 – 14 March 2015 Estates Gazette 1509 – 7 March 2015 Estates Gazette 1508 – 28 February 2015 Estates Gazette 1507 – 21 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