Understated dynamo

Article Abstract:

Kingspark Chairman and Chief Executive John Cutts is interested in developing property along with building an investment portfolio to provide income. Kingspark had assets worth 20 million pounds sterling and pretax profits of 4.1 million pounds sterling in the year to Jun 1997. Cutts has future plans to invest in the residential sector. His business strategy have been criticised by some competitors who believe that his margins are too small. Cutts points out that he is able to reduce the price of his buildings by reducing the cost of construction work.

Investors, not elsewhere classified, Open-End Investment Funds, Commodity Investors, Real estate developers, Officials and employees, Investment companies, Interview, Company Profile, Commodity funds, Cutts, John, Kingspark

---

Despard bids for Knightsbridge glory

Article Abstract:

City & West End Developments is seeking planning permission for a 112,582 sq mt redevelopment of the Knightsbridge Green site in London, England. The company, run by Patrick Despard and owned by Security Capital, has agreed to purchase BP's Silver City House and the Hotel Normandie in order to create a comprehensive scheme. The redevelopment would involve resiting the hotel, as well as constructing 44,208 sq mt of offices and 36,294 sq mt of residential space in 220 flats off a public square.

Planning, London, England, Design and construction, Hotels and motels, Remodeling and renovation, Office buildings, Apartments, City & West End Developments

---

Leisure scheme fetches top price

Article Abstract:

A leisure park is to be developed on a 3.3 ha site at Coxside, Plymouth, England, by Morrison Developments, which made a bid worth 3.46 million pounds sterling per ha. The company plans to develop 11,148 sq mt, and may work in partnership with Marylebone Warwick Balfour. The site is contaminated, and will have to be cleaned up by British Gas. This means the scheme will probably not be completed before 1998.

Investments, Leisure industry, Plymouth, England, Morrison Developments

Similar abstracts:

• Abstracts: Quietly confident of capacity. Searching for signs of elusive growth
• Abstracts: Feasting on a brewing bonanza. Buildings for a fuller future. Magic ingredient
• Abstracts: Reserved space. Magnetic north. Sold on the unusual
• Abstracts: Twice as nice. All clear for take-off. Cuts square the circle
• Abstracts: Innisfree shortlisted for embassy. PPM's prime cuts

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