Estates Gazette 1601 – 9 January 2016

Estates Gazette 1601 – 9 January 2016 The week 5 Editor’s comment 6 Briefing: 2016 – a mixed forecast News 23 Oil turmoil spills into property 24 Property counts £700m flood costs 24 Arresting plans for West End green 24 Fringe specialist Hatton joins Colliers stable 24 Deals 25 ADIA adds to Liverpool One with £300m stake buy 25 Farmer + Arcadis duo form Cast of new consultancy 25 Helical Bar bags final Bower deal 25 Orchard Street picks Newcastle office for £40m 26 Analysts unpick baffling Argos bid 26 Knight Frank unwraps Clintons deal 26 Smaller formats drive rising retail demand 26 Top stories from EGi 27 Wandsworth seeks £1bn partner 27 Conle marries up Piccadilly purchases 27 Leitch to beef up CBRE’s East End resi team 27 Ballymore profit doubles to £67m 28 Tottenham needs spurring partner Finance 32 Stocks: Where to invest cash in 2016? 33 Alex Price: Where is the UK property market going? Residential 35 Analysis: London’s missed opportunity? 36 Charlie Hustler: The key to landlocked London is innovation Auctions 39 John Townsend: Fresh blood takes to the rostrum Comment 40 Supply and demand will keep City hot 41 Skills shortages and the EU vote top the issue list 42 Deirdre Hipwell: M&A market heats to record temperature as bankers warm to ‘golden era of dealmaking’ In depth 44 Non-capital considerations 46 The 2m home question Practice & law 50 Happy birthday to the L&TCA 53 Practice point: Recreational rights can constitute easements 53 Practice point: Duty to give reasons in EIA screening opinions 54 View from the bar: The 2016 crystal ball 56 The potted guide: Covering covenants 58 APC Competency: Weighing up landlord & tenant 60 Misrepresentation and the Consumer Rights Act 61 Legal notes: No break with the past 62 Case summary: Tibber v Buckley and another 63 Case summary: Regency Villas Title Ltd and others v Diamond Resorts (Europe) Ltd and another EG life 66 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