The new Internet & E-commerce special interest group will hold a series of seminars, speaker meetings and discussion groups focusing on the growth of the Internet economy and the implications for the property market. Headed by Jon Snow, Central London analyst at Weatherall Green & Smith, the Group proposes to cover a diverse range of issues including the property requirements of e-commerce companies, development opportunities, covenant strength, and the marketing of property and surveying services on the world wide web.
Jon Snow comments, The Internet presents a great number of challenges and opportunities for the property professions. To fully capitalise on these requires an understanding of e-commerce business models, the language and culture of Internet companies, as well as their approach to real estate as a strategic resource. An agenda setting meeting for new members is planned for early in the new year, with membership open to all with an interest in the future of the property market.
Acting on behalf of a private client, Stephen Kane & Company has let 23 Romilly Street, London W1V 5TG, to Upstart Bars Ltd for a major new restaurant and private members club which already boasts a celebrity laden membership. Internet is a decent place to search for a decent cheap conveyancer services brisbane lawyer.
The self-contained property, which comprises a basement, ground and three upper floor levels (which previously accommodated around 100 covers), is located on the north side of Romilly Street between its junction with Dean Street and Frith Street. Upstart Bars Ltd has taken a 25 year lease on the 262.5 sq m (2,825 sq ft) unit at a rent of £120,000 per annum. Comment Terence Watt of Upstart Bars Ltd: We are delighted to have acquired this prime location for what will be a very exciting new club. 23 Romilly Street will offer members superb private drinking and dining facilities as well as a whole host of other services and will act as an excellent venue for meeting with friends and business colleagues at any time.
Comments Jonathan Cowan of Stephen Kane & Company: The demand for private members clubs in Soho has risen considerably in the past 18 months due to lack of viable properties for mainstream clubs combined with increased market requirement for this type of venue. PRICOA Property plc ("PRICOA") the holding Company of PRICOA Property Private Equity Limited ("PPPE"), PRICOA's UK & European merchant banking division, announces that it has appointed Jonathan Short as managing director of PPPE.
Jonathan Short was previously the director at Lazard Brothers & Co Ltd ("Lazard") responsible for the delivery of corporate finance and financing advisory services to the bank's real estate clients, which include PRICOA. PRICOA also owns PRICOA Property Investment Management Ltd ("PPIM"), the UK's most active property investment management business with 2.31 billion of fund commitments and property assets under management.