UK: TAYLOR WOODROW MAY SPECIALISE IN PROPERTY

Article Abstract:

UK construction and property group Taylor Woodrow is expected to announce a change of direction, away from contracting and towards specialist property development. The group pulled out of bidding for the part privatisation of the London Underground in 1999, and has focused more on deals such as its GB[pound] 350mn partnership with Hutchison Whampoa for the redevelopment of a former London power station into a luxury housing and office complex. One quarter of the group's GB[pound] 1.5bn turnover comes from contracting, but this area generates a lower proportion of profits. Taylor Woodrow has made a number of disposals, including its protective clothing business, and is expected to announce further construction business sales or closures.

Asset sales & divestitures, Construction, Surgical Appliance and Supplies Manufacturing, Personal, Industrl Safety Eqp, Construction industry, Safety equipment and supplies industry, Safety equipment industry, Safety equipment, Taylor Woodrow PLC

---

UK: PROPERTY FIRMS IN TELECOMS DEAL

Article Abstract:

Norwich Union Investment Management, Legal & General, Canary Wharf Group, British Land and Prudential revealed plans on 29 June 2000 to provide telecoms services. The property owners, which control 193mn square foot of space, will wire up premises to allow rapid access via video, data and digital voice communications from the desktops of tenants.

Insurance, Insurance Carriers and Related Activities, Organizational history, Product introduction, Guided missiles and space vehicles, Communications Satellites, Guided Missile and Space Vehicle Manufacturing, Ukraine, INSURANCE CARRIERS, Subdividers and Developers, Insurance industry, Satellite industry, Legal and General Group PLC, Prudential, British Land Company PLC, Canary Wharf Group

---

Today's challenge is how to build us a better life

Article Abstract:

Property developers must respond increasingly rapidly to social and economic trends. The main approaches are to identify the general social and economic tendencies and to plan buildings to address these, or to make new buildings extremely flexible, ensuring that they can be easily converted to varying uses. Key trends are likely to include renewed emphasis on the home as a unit of production as more and more people work at home.

Forecasts and trends, Column, Real estate development

Similar abstracts:

• Abstracts: The challenge ahead: how to make the Conservative Party matter again. The battle for the soul of the Tory party is already over
• Abstracts: NTL takes its seat among the media industry's big hitters. UK: BBC POISED TO SELL BEEB.COM STAKE. IRELAND: INDEPENDENT NEWS TO PURCHASE ISP
• Abstracts: UK: THOMAS COOK JOINS ENERGIS EXTRANET. UK: ENERGIS AND 365 CORP SIGN DEAL. UK: BBC REVEALS INTERNET STRATEGY
• Abstracts: UK: FURTHER RESEARCH INTO GM TERMINATOR GENES? UK: FEAR OVER ANIMAL TESTS POLICY. UK: WALES KEEN ON BECOMING GM-FREE ZONE
• Abstracts: UK: BETTER LABELLING FOR GM FOODS PROMISED. UK: INQUIRY INTO LOST PATENT WINDFALL. US/UK: UNITED STANCE ON GENE PATENTING

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