Retailers urged to pay for town-centre facelift

Article Abstract:

A study by The Urban and Economic Development Group recommends that town centre improvements should be funded by retailers and property owners. The government supports these environmental strategies and hopes a voluntary approach to funding will succeed. It may need to become mandatory if retailers do not support it. This system is already in operation in the United States. Pilot projects are planned for Middlesbrough, Glasgow, Edinburgh and London and should be introduced in 1997.

Retail Trade, Administration of Urban Planning and Community and Rural Development, Urban Renewal Programs, United Kingdom, Management, Retail industry, Economic policy, Urban renewal, Urban beautification

---

Germans buy British

Article Abstract:

Foreign investment surveys show that German investors will continue to invest heavily in the British property market during 1997, according to researchers at DTZ Debenhan Thorpe Research (DTZ). German investment funds made up nearly one half of all overseas investors' total investments during 1996, reports DTZ. Investors are interested in businesses across the United Kingdom do not appear to be concerned about the outcome of the next general election.

Net Foreign Investment, Foreign investments, Surveys, Germans, DTZ Debenham Thorpe

---

RICS welcomes moves to simplify PFI process

Article Abstract:

The UK government's guidance on PFI projects is now a lot better than it was originally, according to the RICS. However, many surveyors are still trying to avoid PFI as far as possible, even though they are aware that private sector funding will inevitably become increasingly important, regardless of political developments. The RICS has welcomed the fact that the government recognises that greater efficiencies are required in the PFI process.

Construction, Construction industry, Private sector

Similar abstracts:

• Abstracts: New ensnares retailers. The future for town centres. The high street fights on
• Abstracts: Better guidance urged for waste sites in green belts. Sandwich rich in listed buildings. RSPB calls for new coastline plans
• Abstracts: Ready for their solo. Warner's wake-up call
• Abstracts: Getting dressed for success. Getting property deals down to a fine art
• Abstracts: Commercial real estate lending: the role of the federal banking regulatory agencies. Financing a regional mall: traditional sources versus securitization

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.