Estates Gazette 1517 – 2 May 2015

Estates Gazette 1517 – 2 May 2015 The week 5 Editor’s comment 6 Briefing: EGi’s latest London Offices Research News 25 £425m Scots union 26 L&G grafts £100m Cambridge deal 26 KCL’s new strand 26 RBS ready to offload Buckinghamshire mall 28 Deals 27 Oxford and Brockton sort £500m Midtown jv 27 Velocity sale gathers pace 27 £51m sale and leaseback deal provides food for thought 28 JV scoops £120m Highlands mall 28 Small appetite for big plates in the City 28 Ashley directs £80m sale of Glasgow retail park 28 Top stories from EGi 29 MoD primes £1bn barracks sale 29 L&G swoops for Bechtel’s Park Royal HQ 29 Duty to co-operate foils local plans 29 Greenridge bags office for £300m regional fund 30 Cushman’s new direction 32 The REview: Fear factor favours Tories Finance 35 Trio fuels Brockton vehicle 35 DevSec profit jumps 133% 35 In brief 36 Helaba funds €600m Odin odyssey 36 Barclays rolls out Tritax loan 36 JLL outshines CBRE in Q1 figures growth 36 AEW aims for £125m IPO to fund new REIT 37 Phil Tily: Changes in the performance of global real estate can be startling Auctions 42 Richard Auterac: Demand is not tempting sellers to bring properties to auction Comment 44 Tom Curtin: Coalition of colours will shade development’s future 45 Dame Kate Barker: Time to pay the political price of housing our kids 46 Deirdre Hipwell: Plenty to fear whatever the outcome of this election 47 Joe Twyman: If voters are heard, property tax will rise Question time: Leeds 48 Power surge preparation In depth 52 Politics: Power to the people Interview 56 Sir David Michels: Rooms for improvement London offices market analysis: Q1 2015 58 Can you buy market share? 63 LOMA data dashboard: City starts on the up Practice & law 64 Mortgagee exclusion clauses: the answer to the housing crisis? 67 Q&A: Joint venture trust issues 68 Signatures: Sign language 70 Practice point: When might a transfer of a property subject to an agreement for lease fail to qualify as a transfer of a going concern? 70 Practice point: Departure from a conclusion reached in an earlier planning appeal relating to the same site 71 Joint venture trust issues 72 Nicola Muir: Sit up and take notice 73 Legal notes: Banking on liability 74 Case summary: Curzon v Wolstenholme and others 75 Uddin and another v Islington London Borough Council EG life 78 Mentoring: Making greatness 80 EG Awards open for entries 81 Events 90 Diary     Estates Gazette 1516 – 25 April 2015  Estates Gazette 1515 – 18 April 2015  Estates Gazette 1514 – 11 April 2015 Estates Gazette 1513 – 4 April 2015  Estates Gazette 1512 – 28 March 2015  Estates Gazette 1511 – 21 March 2015 Estates Gazette 1510 – 14 March 2015 Estates Gazette 1509 – 7 March 2015 Estates Gazette 1508 – 28 February 2015 Estates Gazette 1507 – 21 February 2015 Estates Gazette 1506 – 14 February 2015 Estates Gazette 1505 – 7 February 2015 Estates Gazette 1504 – 31 January 2015 Estates Gazette 1503 – 24 January 2015 Estates Gazette 1502 – 17 January 2015 Estates Gazette 1501 – 10 January 2015 Estates Gazette 1450 – 13 December 2014 Estates Gazette 1449 – 6 December 2014 Estates Gazette 1448 – 29 November 2014 Estates Gazette 1447 – 22 November 2014 Estates Gazette 1446 – 15 November 2014 Estates Gazette 1445 – 8 November 2014 Estates Gazette 1444 – 1 November 2014 Estates Gazette 1443 – 25 October 2014 Estates Gazette 1442 – 18 October 2014 Estates Gazette 1441 – 11 October 2014 Estates Gazette 1440 – 4 October 2014 Estates Gazette 1439 – 27 September 2014 Estates Gazette 1438 – 20 September 2014 Estates Gazette 1437 – 13 September 2014 Estates Gazette 1436 – 6 September 2014 Estates Gazette 1435 – 30 August 2014 Estates Gazette 1434 – 23 August 2014 Estates Gazette 1433 – 16 August 2014 Estates Gazette 1432 – 9 August 2014 Estates Gazette 1431 – 2 August 2014 Estates Gazette 1430 – 26 July 2014 Estates Gazette 1429 – 19 July 2014 Estates Gazette 1428 – 12 July 2014 Estates Gazette 1427 – 5 July 2014 Estates Gazette 1426 – 28 June 2014 Estates Gazette 1425 – 21 June 2014 Estates Gazette 1424 – 14 June 2014 Estates Gazette 1423 – 7 June 2014 Estates Gazette 1422 – 31 May 2014 Estates Gazette 1421 – 24 May 2014 Estates Gazette 1420 – 17 May 2014 Estates Gazette 1419 – 10 May 2014 Estates Gazette 1418 – 3 May 2014 Estates Gazette 1417 – 26 April 2014 Estates Gazette 1416 – 19 April 2014 Estates Gazette 1415 – 12 April 2014 Estates Gazette 1414 – 5 April 2014 Estates Gazette 1413 – 29 March 2014 Estates Gazette 1412 – 22 March 2014 Estates Gazette 1411 – 15 March 2014 Estates Gazette 1410 – 8 March 2014 Estates Gazette 1409 – 1 March 2014 Estates Gazette 1408 – 22 February 2014 Estates Gazette 1407 – 15 February 2014 Estates Gazette 1406 – 8 February 2014 Estates Gazette 1405 – 1 February 2014 Estates Gazette 1404 – 25 January 2014 Estates Gazette 1403 – 18 January 2014 Estates Gazette 1402 – 11 January 2014 Estates Gazette 1401 – 4 January 2014 Estates Gazette 1350 – 14 December 2013 Estates Gazette 1349 – 7 December 2013 Estates Gazette 1348 – 30 November 2013 Estates Gazette 1347 – 23 November 2013 Estates Gazette 1346 – 16 November 2013 Estates Gazette 1345 – 9 November 2013 Estates Gazette 1344 – 2 November 2013 Estates Gazette 1343 – 26 October 2013 Estates Gazette 1342 – 19 October 2013 Estates Gazette 1341 – 12 October 2013 Estates Gazette 1340 – 5 October 2013 Estates Gazette 1339 – 28 September 2013 Estates Gazette 1338 – 21 September 2013 Estates Gazette 1337 – 14 September 2013 Estates Gazette 1336 – 7 September 2013 Estates Gazette 1335 – 31 August 2013 Estates Gazette 1334 – 24 August 2013 Estates Gazette 1333 – 17 August 2013 Estates Gazette 1332 – 10 August 2013 Estates Gazette 1331 – 3 August 2013 Estates Gazette 1330 – 27 July 2013 Estates Gazette 1329 – 20 July 2013 Estates Gazette 1328 – 13 July 2013 Estates Gazette 1327 – 6 July 2013 Estates Gazette 1326 – 29 June 2013 Estates Gazette 1335 – 22 June 2013 Estates Gazette 1322 – 15 June 2013 Estates Gazette 1322 – 8 June 2013 Estates Gazette 1322 – 1 June 2013 Estates Gazette 1320 – 18 May 2013 Estates Gazette 1319 – 11 May 2013 Estates Gazette 1318 – 4 May 2013 Estates Gazette 1317 – 27 April 2013 Estates Gazette 1316 – 20 April 2013 Estates Gazette 1315 – 13 April 2013 Estates Gazette 1314 – 6 April 2013 Estates Gazette 1313 – 30 March 2013 Estates Gazette 1312 – 23 March 2013 Estates Gazette 1311 – 16 March 2013 Estates Gazette 1310 – 9 March 2013 Estates Gazette 1309 – 2 March 2013 Estates Gazette 1308 – 23 February 2013 Estates Gazette 1307 – 16 February 2013 Estates Gazette 1306 – 9 February 2013 Estates Gazette 1305 – 2 February 2013 Estates Gazette 1304 – 26 January 2013 Estates Gazette 1303 – 19 January 2013 Estates Gazette 1302 – 12 January 2013 Estates Gazette 1301 – 5 January 2013 Estates Gazette 1250 – 15 December 2012 Estates Gazette 1249 – 8 December 2012 Estates Gazette 1248 – 1 December 2012 Estates Gazette 1247 – 24 November 2012 Estates Gazette 1246 – 17 November 2012 Estates Gazette 1245 – 10 November 2012 Estates Gazette 1244 – 3 November 2012 Estates Gazette 1243 – 27 October 2012 Estates Gazette 1242 – 20 October 2012 Estates Gazette 1241 – 13 October 2012 Estates Gazette 1240 – 6 October 2012 Estates Gazette 1239 – 29 September 2012 Estates Gazette 1238 – 22 September 2012 Estates Gazette 1237 – 15 September 2012 Estates Gazette 1236 – 8 September 2012 Estates Gazette 1235 – 1 September 2012 Estates Gazette 1234 – 25 August 2012 Estates Gazette 1233 – 18 August 2012 Estates Gazette 1232 – 11 August 2012 Estates Gazette 1231 – 4 August 2012 Estates Gazette 1230 – 28 July 2012 Estates Gazette 1229 – 21 July 2012 Estates Gazette 1228 – 14 July 2012 Estates Gazette 1227 – 7 July 2012 Estates Gazette 1226 – 30 June 2012 Estates Gazette 1225 – 23 June 2012 Estates Gazette 1224 – 16 June 2012 Estates Gazette 1223 – 9 June 2012 Estates Gazette 1222 – 2 June 2012 Estates Gazette 1221 – 26 May 2012 Estates Gazette 1220 – 19 May 2012 Estates Gazette 1219 – 12 May 2012 Estates Gazette 1218 – 5 May 2012 Estates Gazette 1217 – 28 April 2012 Estates Gazette 1216 – 21 April 2012 Estates Gazette 1215 – 14 April 2012 Estates Gazette 1214 – 7 April 2012 Estates Gazette 1213 – 31 March 2012 Estates Gazette 1212 – 24 March 2012 Estates Gazette 1211 – 17 March 2012 Estates Gazette 1210 – 10 March 2012 Estates Gazette 1209 – 3 March 2012