Northern Ireland
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Cyber shopping ‘will not replace’ traditional bricks and mortar
Internet shopping malls will not replace bricks and mortar stores but serve as complementary channels of distribution for traditional retailers, according to a report in the Financial Times.
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Taywood MD heads Taylor Woodrow worldwide housing
Taywood Homes chairman Paul Phipps, has been made responsible for parent company Taylor Woodrow’s worldwide housing operations. He joined Taywood as managing director in 1991 and was appointed to the…
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Telematics make roads and railways work harder
Telematics is poised to gather pace as governments around the world seek more value from transport programmes, reports the Financial Times.
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Home ownership linked to joblessness
High levels of home ownership are linked with high levels of unemployment, according to research by Warwick University to be published next week.
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CBI reports improvement in property market
The Confederation of British Industry has reported an improvement in the commercial property market in the first half of 1999 despite delayed effects of economic slowdown.
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Property increases investment appeal
The fall in interest rates has boosted the appeal of property as an investment. Analysts expect the sector to outperform equities with the big companies currently standing at a discount…
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Northern Ireland shopping centre sold for £22m
IM Properties has sold the Richmond Centre in Northern Ireland for £22m. The 11,150 sq m (120,000 sq ft) shopping centre in Londonderry was bought by a private UK investor…
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Developers sought for Belfast site after Hualon talks aborted
Ongoing negotiations between Hualon of Taiwan and Northern Ireland’s Industrial Development Board (IDB) to open a £160m plant in Belfast have been aborted.
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WP Carey comes to UK with £500m property war chest
WP Carey is to muscle in on the UK property investment market with more than £500m to spend over the next five years.
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Macdonald to take small stakes in hotel-building schemes
Macdonald Hotels is taking minority stakes in projects to build hotels to give it long-term management contracts. It is upgrading existing properties to gain four-star ratings.
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Private equity buyout market in the spotlight
The Financial Times reports on the private equity buyout market in a dedicated supplement today. One article shows how the arrival of the Americans in Europe is supposedly part of…
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Jarvis talks to Accor about UK joint hotels venture
Jarvis Hotels is talking to Accor of France to develop a joint UK venture. Jarvis could be given a master franchise for one of Accor’s brands such as Novotel or…