Estates Gazette 1503 – 24 January 2015

EG 1503 – 24 January 2015 The market 5 Editor’s comment 6 Crossrail: where the potential lies News 35 Movies premiere at King’s Cross 35 Russians reach for the stars in Southwark 36 CarVal takes off at Farnborough 36 Bellway uncuffs resi development 36 Manchester seeks £750m Piccadilly partners 36 Deals 37 Lehman books £200m hotel sell-off 37 Listen with Max for biggest names in property 37 Australians hope mud sticks following London debut 37 Pidgley pads up to transform Oval gasworks 38 January retail sales nudge £500m 38 Shoreditch makeover for Marylebone mews 38 Brum’s student bonanza 38 Top stories from EGi 39 Space race prompts 300,00 sq ft flurry of Bristol office requirements 39 US oil firm fuels up Shard for debut UK base 39 Urban & Civic plans to double Manchester resi 40 Alchemi brews £150m SW1 sale 40 Cubex shapes Bristol office plan 40 Landlords benefit as office supply strain hits Hammersmith 40 Sainsbury’s to take legal action over Arla plans 43 Analysis: Time to pin your colours to the flagpost Finance 45 European lending leaps by €23bn 45 Hughes is the real deal for L&G 45 Finance news in brief 46 Wheels turn for £200m Cadence fund 46 London office funds turn in top Q4 returns 46 Aberdeen Aiport Trust flies flight plan to 2036 46 £220m fill-up for Extra service area portfolio 47 Rebecca Worthington: Change is in the air Auctions 49 Gary Murphy: Can resi auction success continue? Comment 52 Melanie Leech: Business has to be willing to work with politicians 53 Matthew Weiner: Phoenix rising from ashes of Celtic tiger 54 Steve Jude: Headline rents are increasingly outmoded as long-term deals give way to a flexible future 55 Simon Ringer: Impact investing can accentuate the positive Interview 56 Urban & Civic: Hunting partners Question time 60 Birmingham: Booting up in Birmingham Focus: South East 64 Around the market 66 Offices: Orbiting the capital 70 Regeneration spotlight: Out with the old in the new towns Practice & law 74 Expert witness: Taking the stand 77 Planning notes: An old chestnut 78 Legitimate expectation: Best-laid plans 80 Practice point: There was no justification for allowing a trespasser to continue trespassing in return for a monetary payment (PP 2014/203) 80 Practice point: Alternative sites as a material consideration in determining planning applications and appeals (PP 2015/1) 81 Costs: The costs of reform 82 Tim Neathercoat: Managing post-recession growth 83 Legal notes: Construction – intentional causative participation 84 Case summary: Merie Bin Co (UK) Ltd v Barrie House (Freehold Ltd) 85 Case summary: UK Leading Brighton Ltd and others v Topland Neptune Ltd and another; Zinc Cobham 1 Ltd and others v Adda Hotels (an unlimited company) and others EG Life 194 Antony Slumbers: 2015 – a tech odyssey 196 PropSki: Alpine all stars 206 Diary     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 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