Estates Gazette 1510 – 14 March 2015

Estates Gazette 1510 – 14 March 2015 The week 5 Editor’s comment 6 Briefing: Record year for portfolios News 29 Westfield votes for PRS 29 Green sells HQ as BHS trades 30 Interserve cleans up for new HQ 30 Hyundai takeover kills Lombard Street deal 30 Taxi for Aldgate 30 Deals 31 Cerberus snaps up £225m Holiday Inn portfolio 31 Monster billionaire fizzes into city 31 Partner sought for £185m PRS bonanza 31 Hermes wins race for Hammersmith block 32 Duggan develops Axa shed play 32 Building accelerates in face of cooling sales 32 Qataris brief on Pall Mall 32 MIPIM in brief 33 Minerva executives put Trust in new venture 33 TH Real Estate books Jestico + Whiles for Edinburgh hotel 33 Aberdeen fishes for buyer at Bedfont Lakes 33 Broxbourne shops for Tesco HQ revival 34 Farrell unveils his plan for London 34 Stephen Street now fully let 34 Chinese firms break into property rich list 34 Global round-up 36 Analysis: The next tech bubble? Finance 39 Lone Star turns to Starwood 39 Lloyds’ commercial arm lends more in 2014 39 In brief 40 Cushman & Wakefield: Rise of the £2bn agent 41 Phil Tily: UK property market has experienced a turbulent 25 years Auctions 43 James Emson: Is buying a property at auction risky? Comment 44 David Smith: Some red warning lights turn to amber 45 Adam Challis: New capital will seek out homes across Europe 46 Peter Bill: Tax evasion – everyone is at risk Round table: Battersea 48 Talkin’ ’bout regeneration In depth 50 Global investors: The Global 100 Interview 54 Hammerson chief executive David Atkins: Steely resolve Focus: Healthcare 58 Design: Looking good, feeling good 62 Partnerships: It’s the (health) economy, stupid 66 Care homes: Investing in care Practice & law 70 Corporate real estate: Together as one 73 Guy Fetherstonhaugh QC: A beach may be a village green 74 Mainly for students: The thin red line 76 The death of a covenantee discharged restrictive covenants in her favour (PP 2015/15) 76 Practice point: What can properly be included in an”area” for designation under section 69 of the Planning (Listed Buildings and Conservation Areas) Act 1990? (PP 2015/24) 77 Accounting: Changes to UK reporting 78 Kathrine Eddon: No win for Winchester 79 Legal notes: Residential – A matter of timing 80 Case summary: Smyth v Secretary of State for Communities and Local Government 81 Case summary: Nottingham City Council v Calverton Parish Council EG life 208 Property Race Day: And they’re off 210 Events: Reach for the skyscraper 222 Diary     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 – 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