DOCSLIB.ORG

2012 Annual Report & Accounts

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2012 Annual Report & Accounts ANNUAL REPORT 2 012 & ACCOUNTS The Directors present the Annual Report for the year ended 31 December 2012 which includes the business review, governance report and audited financial statements for the year. References to ‘SEGRO’, the ‘Group’, the ‘Company’, ‘we’, or ‘our’ are to SEGRO plc and/or its subsidiaries, or any of them as the context may require. Pages 1 to 67, inclusive, of this Annual Report comprise a Directors’ Report that has been drawn up and presented in accordance with English company law and the liabilities of the Directors in connection with that Report shall be subject to the limitations and restrictions provided by such law. The Annual Report contains forward looking statements. For further information see the inside back cover. OVERVIEW SEGRO is a leading owner, asset CONTENTS manager and developer of modern OVERVIEW warehousing, light industrial and 02 Highlights 03 Chairman’s Statement data centre properties, with £4.7 PERFORMANCE REVIEWPERFORMANCE 04 SEGRO Today 08 Strong Demand Drivers for billion of assets (including our share Modern Warehouse Space of joint venture assets) principally PERFORMANCE REVIEW 10 Chief Executive’s Review concentrated in London’s Western 11 Progress Against our Strategic Priorities Corridor (including the Thames 18 Key Performance Indicators Valley) and in key conurbations in 20 A Strong Year for New GOVERNANCE CORPORATE Development Projects France, Germany and Poland, as well 22 Building Critical Mass in the Logistics Market as suburban office buildings in the 24 Corporate Responsibility Review 32 Financial Review Thames Valley, Brussels and Milan. 40 Principal Risks and Uncertainties GOVERNANCE The Group serves over 1,300 44 Board of Directors 46 Governance Report customers spread across a diverse 52 Nomination Committee Report FINANCIAL STATEMENTS 54 Audit Committee Report range of industry sectors. It has 5.3 57 Remuneration Committee Report 66 Other Statutory Information million square metres of built space 67 Statement of Directors’ Responsibilities and a passing rent roll of £318 million. FINANCIAL STATEMENTS 68 Independent Auditor’s Report to the Members of SEGRO plc 69 Group Income Statement 69 Group Statement of Comprehensive Income 70 Balance Sheets 71 Statements of Changes in Equity 73 Cash Flow Statements 74 Notes to the Financial Statements 104 Five-Year Financial Results 105 Further Information 106 Shareholder Information 107 Glossary of Terms SEGRO is A real estate investment trust (reit) and is listed on the london stock EXchange A Real Estate Investment Trust (REIT) is a qualifying entity which has elected to be treated as a REIT for tax purposes. In the UK, such entities must be listed on a recognised stock exchange, must be predominantly engaged in property investment activities and must meet certain ongoing qualifications. Entities which elect for REIT status are exempt from UK corporation tax on the profits of their UK property rental business, provided that they distribute 90 per cent of these to shareholders. SEGRO plc and its UK subsidiaries elected for REIT status with effect from 1 January 2007. PB SEGRO ANNUAL REPORT & ACCOUNTS 2012 www.segro.com 001 OUR HIGHLIGHTS OUR PORTFOLIO EPRA PROFIT BEFORE TAX1 EPRA EARNINGS PER SHARE4 ASSET TYPE £144.9 million 19.3 pence 144.9 19.3 138.5 18.4 127.3 17.1 12 12 11 11 10 10 24% LARGER LOGISTICS WAREHOUSES 48% SMALLER WAREHOUSES AND LIGHT INDUSTRIAL BUILDINGS 6% DATA CENTRES 2 5 12% OFFICES PROFIT/(LOSS) BEFORE TAX TOTAL DIVIDEND PER SHARE 3% OTHER BUSINESS SPACE 7% LAND AND DEVELOPMENTS £(202.2) million 14.8 pence 14.8 197.2 14.8 14.3 GEOGRAPHICAL SPLIT 12 11 10 (53.6) 12 11 (202.2) 10 PORTFOLIO VALUE3 EPRA NET ASSET VALUE PER SHARE4 35% GREATER LONDON, UK £4.7 Billion 294 pence 31% THAMES VALLEY AND NATIONAL LOGISTICS, UK 5.3 5.1 376 9% GERMANY 4.7 340 11% FRANCE 294 7% POLAND 7% OTHER 12 12 11 11 10 10 1 As referred to in note 2 of the financial statements 2 Includes property valuation movements 3 Includes Group share of properties held within joint ventures 4 As referred to in note 14 of the financial statements 5 As referred to in note 13 of the financial statements 002 SEGRO ANNUAL REPORT & ACCOUNTS 2012 OVERVIEW There have also been some challenges during the year. In July, Neckermann, the Frankfurt-based mail order company, filed CHAIRMAN’S for insolvency. This has affected the valuation of the asset and will see the loss of about £12 million of income in 2013. STATEMENT Additionally, our EPRA net asset value per share has reduced to 294 pence per share, compared with 340 pence a year ago. Whilst our core warehousing, light industrial and data centre property valuations have remained very resilient, our non-core assets (including the Neckermann site) and our suburban offices in the South East of the UK with shorter lease lengths REVIEWPERFORMANCE have seen a significant reduction in their valuation. These adverse property valuation movements resulted in our loan to value ratio increasing from 49 per cent to 51 per cent. We remain committed to reducing our leverage over time but continue to believe this objective should be balanced against opportunities for profitable investment in the near to mid-term. Overall, it has been a successful year for the Group and we have made good progress towards our goal of creating a leading income-focused REIT. The Board is thankful to all employees for their hard work and diligence in delivering these results. GOVERNANCE CORPORATE Dividend The recommended final dividend of 9.9 pence per share (2011: 9.9 pence) will be paid as a Property Income Distribution, giving a total dividend for the year of 14.8 pence (2011: 14.8 pence). The final dividend will be paid on 26 April 2013 to shareholders on the register at the close of business on 22 March 2013. As previously stated, the Board expects to at least maintain the dividend throughout the reshaping process, and is committed to a progressive dividend policy OVERVIEW in the longer term. The Board continues to offer a Dividend Reinvestment Plan 2012 has been a year focused on for the 2012 final dividend. FINANCIAL STATEMENTS delivering against our strategic objectives, Board Changes set out in November 2011, to reshape the In September 2012 we announced the appointments of Christopher Fisher and Margaret Ford as Non-Executive portfolio and drive operational excellence Directors, with effect from 1 October 2012 and 1 January across the business. Against those 2013, respectively. Both have a broad range of experience and are providing valuable input to the Board. objectives, we have made good progress. Andrew Palmer, Senior Independent Director, and Chris Firstly, we have achieved £700 million of non-core asset Peacock, Chairman of the Remuneration Committee, will retire disposals since January 2012 (including £152 million of from the Board at our AGM in April 2013, both having served disposals after the year end), which exceeded our own initial nine years as Non-Executive Directors. On behalf of the Board, expectations and included the sale of three of the six large I thank them both for their wise counsel and contributions non-strategic assets identified as part of our strategic review. to the business over that time. Margaret Ford will become the Senior Independent Director and Chairman of the Secondly, in line with our strategy, we have reinvested some Remuneration Committee after the AGM. of the disposal proceeds into the acquisition of two logistics portfolios and into a number of profitable development projects. Thirdly, we reduced net borrowings by £213 million to NIGEL RICH CBE £2,090.3 million, before taking into account the additional Chairman sale proceeds received since the year end. We have also been delivering on our commitment to build critical mass using third party capital, having partnered with Moorfield Group to acquire one of the two logistics portfolios referred to above. Lastly, despite the challenging economic conditions, we have continued to deliver strong operational results during the year. Our core portfolio is concentrated in the most resilient areas in the UK, France, Germany and Poland and this, combined with the limited supply of good-quality product in those markets, has supported good levels of occupancy, despite the wider unsettled macro-economic conditions. As a result of this, and the expertise and commitment of our team, EPRA earnings per share has increased by 4.9 per cent to 19.3 pence. www.segro.com 003 OVERVIEW SEGRO TODAY OUR STRATEGY In November 2011, we set out our strategy to address areas of historical underperformance and deliver better future returns to our shareholders. REVIEWPERFORMANCE Our ambition is to be the best owner-manager and developer of ‘industrial’ properties in Europe and a leading income-focused REIT. We are aiming to deliver attractive returns for shareholders in the form of a low-risk, progressive dividend stream, supported by long-term growth in net asset value per share. In order to achieve that vision, we are creating a portfolio comprised GOVERNANCE CORPORATE predominantly of modern warehousing, light industrial and data centre assets which are well specified and located, with good sustainability credentials, and which will benefit from a low structural void rate and relatively low-intensity asset management requirements. These assets will be concentrated in the strongest sub-markets which have attractive property OUR BUSINESS market characteristics, including good growth prospects and limited supply availability, where we already have, or can achieve, critical mass. We believe such a portfolio should deliver attractive, low risk income returns, with above SEGRO is a leading owner, asset manager and average rental and capital growth when market conditions are positive and show resilience in a downturn.
Load more

Recommended publications
  • A R Y 2 0 0 8 E D I T I O N
    F E B R U A R Y 2 0 0 8 E D I T I O N UK Commercial Property Investment Transactions 1 Jan 2008 - 31 Jan 2008 Value of Sales Number £1,481m 73 CONTENTS Total Value of UK Investment Transactions (Year to Date January 2008) SECTOR LISTING........................................ 2 GEOGRAPHICAL LISTING...........................5 4,000 3,633 BUYERS & SELLERS LISTING....................9 3,500 3,161 THREE MONTH YIELD INDEX...................12 3,000 2,829 2,655 ACTIVE PROPERTY INVESTORS.............14 2,500 INVESTMENT STATISTICS.......................18 The monthly bulletin is available in hardcopy and 2,000 PDF formats for £395.00 pa (12 issues). 1,481 1,500 The next edition of the bulletin will be published on Monday 3rd March 2008. m £ Volume Transaction 1,000 This report is intended for general information and is based upon material in our possession or 500 supplied to us, which we believe to be reliable. Whilst every effort has been made to ensure its 0 accuracy and completeness we cannot offer any warranty that factual errors may not have 2004 2005 2006 2007 2008 occurred. Year to Date (Jan - Jan) For further information please visit our website: www.propertydata.com or call 01785 859300 Office Retail Industrial Leisure Other Total Copyright (c) 2008. Property Data Ltd. Year-to-Date Investor Breakdown 1 Jan 2008 - 31 Jan 2008 Institutions Property Co's Private Investor Overseas Other Purchases £m 41 376 218 725 120 Sales £m 660 182 30 205 404 Net Investment £m -619 194 188 520 -284 Year-to-Date Sector Breakdown 1 Jan 2008 - 31 Jan 2008
    [Show full text]
  • (Council) Councillors Cllr Fairclough Astley Bridge Ward
    TYPE Title LastName Organisation/CompanyName (Council) Councillors Cllr Fairclough Astley Bridge Ward (Council) Councillors Cllr Walsh OBE Astley Bridge Ward (Council) Councillors Cllr Wild Astley Bridge Ward (Council) Councillors Cllr Dean Bradshaw Ward (Council) Councillors Cllr Haslam Bradshaw Ward (Council) Councillors Cllr Hall Bradshaw Ward (Council) Councillors Cllr Byrne Breightmet Ward (Council) Councillors Cllr Byrne Breightmet Ward (Council) Councillors Cllr Challender Breightmet Ward (Council) Councillors Cllr Critchley Bromley Cross Ward (Council) Councillors Cllr Wells Greenhalgh Bromley Cross Ward (Council) Councillors Cllr Wilkinson Bromley Cross Ward (Council) Councillors Cllr Bashir-Ismail Crompton Ward (Council) Councillors Cllr Darvesh Crompton Ward (Council) Councillors Cllr Harkin Crompton Ward (Council) Councillors Cllr Gillies Farnworth Ward (Council) Councillors Cllr Ibrahim Farnworth Ward (Council) Councillors Cllr Spencer Farnworth Ward (Council) Councillors Cllr Ayub Great Lever ward (Council) Councillors Cllr Iqbal Great Lever ward (Council) Councillors Cllr Murray Great Lever ward (Council) Councillors Cllr Morris Halliwell ward (Council) Councillors Cllr Thomas Halliwell ward (Council) Councillors Cllr Zaman Halliwell ward (Council) Councillors Cllr Clare Harper Green ward (Council) Councillors Cllr Francis Harper Green ward (Council) Councillors Cllr Mistry Harper Green ward (Council) Councillors Cllr Allen Heaton and Lostock ward (Council) Councillors Cllr Rushton Heaton and Lostock ward (Council) Councillors
    [Show full text]
  • Organisations/Groups on the Consultation Database Planning
    Appendix B Organisations/Groups on the Consultation Database Planning Agents/Professional Representatives 3Fox International Limited Acorn, Land & Strategic Property Division Acorus Admiral Homes Affinity Sutton Homes Alliance Planning AMEC Environment & Infrastructure UK Limited Annington Developments Ltd Appledore Developments Ltd Artesian Asprey Homes Axes Lane Banner Homes Barton Willmore Planning Partnership Batcheller Monkhouse Baxter Phillips Bell Cornwell Bellway Homes Ltd Bellway Homes Ltd, Thames Gateway South Division Berkeley Homes (South East London) Berwood Homes Bidwells LLP Bioscan (UK) Ltd BNP Paribas Real Estate Boyer Planning Limited bptw Partnership BRE Brian Barber Associates British Land Company PLC Broadlands Planning Broadway Malyan Planning Burnett Planning & Development Limited Cala Homes Calfordseaden LLP Capita Symonds Castlefort Properties Ltd Cathedral Group CBRE Ltd CgMs Consulting Chart Plan (2004) Limited Chase & Partners Clifford Rance Associates Cluttons LLP Colliers International Conrad Phoenix Properties Ltd Correct as of 21/07/2016 Conrad Ritblat Erdman Co-Operative Group Ltd., Countryside Strategic Projects plc Cranbrook Home Extensions Crest Nicholson Eastern Crest Strategic Projectsl Ltd Croudace D & M Planning Daniel Watney LLP Deloitte Real Estate DHA Planning Direct Build Services Limited DLA Town Planning Ltd dp9 DPDS Consulting Group Drivers Jonas Deloitte Dron & Wright DTZ Edwards Covell Architecture & Planning Fairclough Homes Fairview Estates (Housing) Ltd Firstplan FirstPlus Planning Limited
    [Show full text]
  • 49 P51 AO1 Hot Noms.Qxp 04/12/2007 17:23 Page 51
    49 p51 AO1 Hot noms.qxp 04/12/2007 17:23 Page 51 www.propertyweek.com Analysis + opinion – Hot 100 51 07.12.07 ROLL OF HONOUR The following 527 rising stars were all nominated by readers, but did not receive enough votes to make it on to the Hot 100 list. However, we have decided to publish all of their names to recognise and reward their individual achievements Ab Shome, RBS Caroline McDade, Drivers Jonas Douglas Higgins Ian Webster, Colliers CRE Adam Buchler, Buchler Barnett Celine Donnet, Cohen & Steers Duncan Walker, Helical Bar Ian Webster, Savills Adam Oliver, Coleman Bennett Charles Archer, Colliers CRE Edward Offenbach, DTZ James Abrahms, Allsop Adam Poyner, Colliers CRE Charles Bull, DTZ Corporate Finance Edward Siddall-Jones, Nattrass Giles James Ackroyd, Colliers CRE Adam Robson, Drivers Jonas Charles Ferguson Davie, Moorfield Group Edward Towers James Bain, Mollison Adam Varley, Lambert Smith Hampton Charles Kearney, Gerry O’Connor Elizabeth Higgins, Drivers Jonas James Baker, Nice Investments Adam Winton, Kaupthing Estate Agents Elliot Robertson, Manorlane James Cobbold, Colliers CRE Agnes Peters, Drivers Jonas Charlie Archer, Colliers CRE Emilia Keladitis, DTZ Corporate Finance James Ebel, Harper Dennis Hobbs Akhtar Alibhai, Colliers CRE Charlie Barke, Cushman & Wakefield Emma Crowley, Jones Lang LaSalle James Feilden, GVA Grimley Alan Gardener, Jones Lang LaSalle Charlie Bezzant, Reed Smith Richards Butler Emma Wilson, Urban Splash James Goymour, Edward Symmons Alan Hegarty, Bennett Property Charlote Fourmont, Drivers Jonas
    [Show full text]
  • Cgms Consulting on Behalf of Twyford Abbey Properties
    LONDON BOROUGH OF EALING DEVELOPMENT (OR CORE) STRATEGY SUBMISSION DEVELOPMENT PLAN DOCUMENT – INDEPENDENT EXAMINATION HEARING SESSION TUESDAY 15 NOVEMBER 2011, 10.30 AM MATTER 9 – PROTECTING AND ENHANCING EALING’S GREEN AND OPEN SPACES Representations on behalf of Twyford Abbey Properties Ltd Personal Identification (Representor Number): 5 Representation Numbers: 22, 23, 24, 25, 26 and 28 October 2011 Planning G Heritage Specialist & Independent Advisors to the Property Industry Author: Valerie Scott Director Approved by: Richard Tilley Director Report Status: Final Issue Date: 10 October 2011 CgMs Ref: VJS/13250 © CgMs Limited No part of this report is to be copied in any way without prior written consent. Every effort is made to provide detailed and accurate information, however, CgMs Limited cannot be held responsible for errors or inaccuracies within this report. © Ordnance Survey maps reproduced with the sanction of the controller of HM Stationery Office. Licence No: AL 100014723 LB Ealing, Development (or Core) Strategy Submission Development Plan Document – Independent Examination – Matter 9 – Protecting Representation on behalf of and Enhancing Ealing’s Green and Open Spaces Twyford Abbey Properties Ltd CONTENTS PAGE(S) Introduction 4 Inspector’s Issues and Questions 4 Recommended Change to Policy and Text 7 APPENDICES 1. Site Plan 2. Display Boards 3. Draft Layout 4. Feasibility Appraisal 5. Marketing Report 6. Review of the Feasibility Appraisal and Marketing Report carried out by GL Hearn on behalf of the Council 7. Hotel Appraisal Report by GVA Grimley CgMs Ltd © 3/7 VJS/AW/7706 LB Ealing, Development (or Core) Strategy Submission Development Plan Document – Independent Examination – Matter 9 – Protecting Representation on behalf of and Enhancing Ealing’s Green and Open Spaces Twyford Abbey Properties Ltd Introduction 1.
    [Show full text]
  • Affordable Housing Regulation 12 Consultation Statement
    Affordable housing supplementary planning document Town and Country Planning (Local Development) Regulations 2012 Consultation Statement in accordance with regulation 12(a). The Town and Country Planning (Local Development) regulations of 2012 stipulate in regulation 12(a) that before adoption of a supplementary planning document, the local planning authority must prepare a statement setting out: i) the persons the local planning authority consulted when preparing the supplementary planning document; ii) a summary of the main issues raised by those persons, and; iii) how those issues have been addressed in the supplementary planning document. In accordance with that regulation 12(a) the persons and organisations listed in appendix A were consulted in preparing the Affordable housing SPD. Public consultation on the draft version of the document took place between 1st October to 31st October 2014. Details of the consultation can be found here: http://www.norwich.gov.uk/YourCouncil/Consultations/ClosedConsultations/2014/Pages/N orwichLocalPlanAffordableHousingSPD.aspx Appendix B to this document sets out the responses received to the consultation and how the issues raised have been addressed in the SPD. In addition, in accordance with that regulation 12(a) the persons and organisations listed in appendix A were consulted again between 19th January to 30th January 2015 on the implications of national planning policy changes for JCS policy 4 and the introduction of the ‘vacant building credit’. Details of the consultation can be found here: http://www.norwich.gov.uk/YourCouncil/Consultations/Pages/AffordableHousingSPDRecon sultation.aspx Appendix C to this document sets out the responses received to the consultation and how the issues raised have been addressed in the SPD.
    [Show full text]
  • Top 100 Surveyors
    41top100surveyorsdr&!!!.qxd 05/10/2007 16:37 Page 69 Top 250 consultants 69 TOP 100 SURVEYORS Rank Practice Surveying staff Total UK Total UK Offices chartered staff staff 2007 2006 Total Quantity Building 2006 Other 2007 2007 2006 UK Worldwide 11 Atkins 1,628 556 274 798 6,340 5,807 12,066 11,372 175 255 22 EC Harris 1,255 950 300 5 1,722 1,459 2,312 2,054 21 42 36 King Sturge 786 0 128 658 842 678 1,638 1,387 27 50 47 Gardiner & Theobald 689 634 15 40 700 626 1,000 900 21 49 55 Davis Langdon 681 611 12 58 950 859 1,593 1,356 19 95 64 Faithful + Gould (Part of Atkins) 641 514 75 52 826 849 1,180 1,155 26 53 7= – Mott MacDonald 544 536 8 0 2,584 1,667 5,554 4,007 52 122 7= 8 Franklin + Andrews 544 536 8 0 609 558 780 715 18 28 911 Turner & Townsend 482 434 36 12 1,084 918 1,342 1,121 13 53 10 10 Knight Frank 478 0 78 400 478 454 1,416 1,262 58 157 11 12 Drivers Jonas 458 2 100 356 460 425 650 580 8 11 12 9 Gleeds 457 375 35 47 592 592 1,049 997 18 40 13 13 Capita Symonds 318 154 74 90 1,493 1,373 3,783 3,568 40 40 14 17 Mouchel Parkman 257 26 128 103 1,849 1,293 7,458 5,507 12 18 15 – Erinaceous 219 84 43 92 364 0 749 0 112 120 16 14 Systech Group 204 204 0 0 211 202 319 286 6 16 17 16 Cyril Sweett 178 134 19 25 237 213 669 568 15 78 18 15 Corderoy 165 155 5 5 173 168 258 254 9 10 19 19 UK Building Surveyors 164 34 94 36 225 179 537 411 31 31 20 18 Jacobs 161 99 13 49 1,338 1,190 6,013 3,870 42 52 21 – Rider Levett Bucknall 139 97 36 6 230 147 412 292 8 69 22= 21 Mace 131 131 0 0 788 686 2,002 1,374 10 22 22= – Currie & Brown 131 113 6
    [Show full text]
  • TR Property Investment Trust Plc – Report & Accounts for the Year Ended 31 March 2009 Report Investment Trusttr Property Plc –
    TR Property Investment Trust plc –TR Property Investment Trust Report March 2009 & Accounts for the year ended 31 TR Property Investment Trust plc Report & Accounts for the year ended 31 March 2009 TR Property Investment Trust plc is managed by This document is printed on Revive Silk of which 75% of the furnish is made from 100% de-inked post consumer waste. The remaining 25% being mill broke and virgin fibres. This paper is bleached using a combination of Totally Chlorine Free (TCF) and Elemental Chlorine Free (ECF). The manufacturing mill is accredited with the ISO 14001 standard for environmental management. TR Property Investment Trust plc Directors’ Review Accounts 1 Overview 63 Independent Auditors’ Report 2 Statement of Investment Objective and Policy 64 Group Income Statement 4 Financial Highlights and Performance 65 Group and Company Statement of Changes in Equity 5 Historical Performance 66 Group and Company Balance Sheets 6 Chairman’s Statement 67 Group and Company Cash Flow Statements 11 Managers’ Report – Market Background and Outlook 68 Notes to the Financial Statements 16 Ordinary Shares – Financial Highlights and Performance Shareholder Information 17 Ordinary Shares – Manager’s Report 86 Notice of Annual General Meeting 22 Ordinary Shares – Portfolio Details 89 Explanation of Notice of Annual General Meeting 28 Ordinary Shares – Income Statement 90 Glossary of Terms 29 Ordinary Shares – Balance Sheet 91 Directors and Other Information 30 Sigma Shares – Financial Highlights and Performance 92 General Shareholder Information
    [Show full text]
  • Contract Leads Powered by EARLY PLANNING Projects in Planning up to Detailed Plans Submitted
    Contract Leads Powered by EARLY PLANNING Projects in planning up to detailed plans submitted. PLANS APPROVED Projects where the detailed plans have been approved but are still at pre-tender stage. TENDERS Projects that are at the tender stage CONTRACTS Approved projects at main contract awarded stage. Planning authority: Sandwell Job: Detailed COVENTRY £0.6M depot Client: Carvers (Wolverhampton) Ltd Northampton, NN6 8NN Contractor: Orbit Plans Granted for power distribution depot Rawcliffe, Goole, Humberside, DN14 8RW Tel: SHEFFIELD £10M Plans Submitted for 156 flats & 30 houses Grove Street Car Park, Grove Street Developer: P J Barnett Associates, Waterloo Housing Association, Garden Court, Binley Client: Western Power Distribution Agent: B3 01405 839779 Former Staybrite Works, Weedon MIDLANDS/ Client: Nighthawk Ltd Agent: PJ Planning, Planning authority: Coventry Job: Detail House, 92 - 94 Chapel Ash, Wolverhampton, Business Park, Harry Weston Road, Coventry, Architects, Loughborough Technology Centre, HALIFAX £0.58M Street Meadowhall Way/Drive 125 Heath Lane, Stourbridge, West Midlands, Plans Granted for pumping station Client: West Midlands, WV3 0TY Tel: 01902 427297 West Midlands, CV3 2SU Tel: 024 7643 8000 Epinal Way, Loughborough, Leicestershire, Land Adjacent To High Ridge, Denfield Planning authority: Sheffield Job: Plans EAST ANGLIA DY8 1BB Tel: 0121 2120706 Cofely District Energy Developer: Cofely LEICESTER £1M LE11 3GE Contractor: Speller Metcalfe Lane Appr On Appeal for retail/car showrooms/ PETERBOROUGH £0.74M District Energy, 4 Heatline Project Office, Tenders 22 High Street Kibworth Beauchamp (Malvern) Ltd, Maple Road, Enigma Business Planning authority: Calderdale Job: Outline takeaway Client: British Land Ltd Developer: Early Planning Glebe Farm House, Peterborough Road Much Park Street, Civic Centre 4, Coventry, CAMBRIDGE £0.95M Planning authority: Harborough Job: Detail Park, Malvern, Hereford & Worcester, WR14 Plans Submitted for 8 houses Client: Mr.
    [Show full text]
  • Contract Leads Powered by EARLY PLANNING Projects in Planning up to Detailed Plans Submitted
    Contract Leads Powered by EARLY PLANNINGProjects in planning up to detailed plans submitted. PLANS APPROVEDProjects where the detailed plans have been approved but are still at pre-tender stage. TENDERSProjects that are at the tender stage CONTRACTSApproved projects at main contract awarded stage. Client: De Montfort University Agent: RPS, Plans Granted for 14 flats Client: The Planning authority: Sandwell Job: Detail Lockington, Derby, DE74 2RH Tender return Planning authority: Broadland Job: Detail Planning authority: Hartlepool Job: Detailed Planning authority: Kirklees Job: Detail Highfield House, 5 Ridgeway, Quinton Federation of Groundwork Trusts Developer: Plans Granted for office & temporary stands date: is 31st August 2012. Tel: 01509 672772 Plans Granted for 8 houses/6 flats & 1 luxury Plans Submitted for retail unit (alterations) Plans Granted for club (extension) Client: Mr. MIDLANDS/ Business Park, Quinton, Birmingham, West C T Planning Ltd, Trafalgar House, 20A Market Client: West Bromwich Albion FC Developer: house Client: Youngs Homes Agent: Richard Client: Highpoint Estates Limited Agent: A Hussain Developer: PH Planning And Midlands, B32 1AF Tel: 0121 213 5500 Street, Lichfield, Staffordshire, WS13 6LH Tel: Glancy Nicholls Architects, 3 Greenfield Contracts Pike Associates, Netherconesford, 93 - 95 Harris Partnership Ltd, 2 St. Johns North, Design, Brooksfield, South Kirkby, Pontefract, EAST ANGLIA NORTHAMPTON £1.8M 01543 418779 Crescent, Edgbaston, Birmingham, West BIRMINGHAM £5M King Street, Norwich, Norfolk, NR1 1PW
    [Show full text]
  • 21212A Rt EPRA Report Rt
    Going for gold EPRA Annual Report Survey 2011/12 Contents Foreword 1 Highlights 2 1. Introducing the survey 3 2. Award winners 6 3. Survey results 8 4. EPRA reporting measures 10 5. Award process 13 Participant list 14 Foreword I am delighted to announce the results of our EPRA We have observed that interpretation of the BPR and its Annual Report Survey 2011/12. The survey comprised definitions can vary across EPRA constituents. Now that a review of 85 annual reports from leading listed real the EPRA Performance Measures have become more estate companies across Europe to assess compliance firmly established, the next step for companies will be with EPRA’s Best Practice Recommendations (BPR). to work together with EPRA to determine the most appropriate treatment for these items in the EPRA We have seen significant improvements in BPR Performance Measures disclosures. compliance, as reflected in the overall survey results and in the increase in the number of companies with gold Finally I would like to thank Catherine Rolph and the awards. Gold, silver and bronze awards have been team of reviewers at Deloitte, from across our European Claire Faulkner given to those companies we judged to have best real estate practice. Head of Real Estate, complied with the BPR. 33 awards were made in total, Deloitte UK 15 of them gold, compared to 9 last year. A further Please contact myself, or alternatively Gareth Lewis at +44 (0) 20 7007 0116 9 silver and 9 bronze awards were issued. EPRA, if you would like any further information about [email protected] this survey.
    [Show full text]
  • Corenet Global, UK Chapter
    CoreNet Global UK’s New Package for Principal Sponsors 10 great benefits to give our Sponsors with High Visibility at Chapter Events Why CoreNet? Right now, it’s the place to be and, as a result, CoreNet UK’s membership is growing - currently over 550 with 37% of members being occupiers of corporate real estate. Chapter events attract an average of 60 members and the annual Summer Party attracts 700+. CoreNet supports its members to adapt and succeed in this changing economy. It helps them to keep abreast of development trends within the industry and up to date on new trends. Chapter events are: Working, Networking, Serious, Social, Topical, Newsworthy, Relevant. See website for details of recent events www.corenetglobal.org.uk Key Benefits Your brand on the front page of CoreNet UK Chapter website identified as an annual principal sponsor Your logo on all e-bulletins circulated to UK members and selected non members Opportunity to publish a news item on the UK Chapter website Branding at Chapter events o Your logo included on invitations o Your logo displayed on-site o Opportunity to display company literature o Your logo on the delegate list Advance booking and 20% discount for tables at the Summer Party – always a sell out, this option will give you a prime position table Opportunity to place a full page advert in Awards Programme Complementary place for a non member at 5 UK Chapter events during the year (excluding Summer Party and Awards presentation) Cost 1 Year Package £5,500 per year plus VAT Please contact Robin Harris [email protected] to register your interest.
    [Show full text]