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The credit crunch has had a significant impact on the commercial property sector and the hotel market has to find new ways of meeting its bed expansion programme as traditional forms of funding become increasingly difficult. Shaun Baugh looks at the opportunities presented by re-branding and converting existing hotels that are under-performing or falling into distress.
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Some regeneration schemes particularly those based on residential developments may be delayed or cancelled as a result of the credit crunch. However, national property and construction consultancy Wakemans says one sector looks to remain strong during the economic downturn and that is regeneration schemes involving hotels.
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A recent ruling by the law lords could have significant implications for new retail, leisure and industrial developments, as well as impacting on proposed new measures to speed up planning applications, says national construction and property consultant, Wakemans.
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Many companies will need to improve their safety procedures relating to exposure to asbestos, if they are to protect themselves from prosecution warns national property consultants Wakemans.
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The latest legislation on refrigerants and other air conditioning related matters - Health and Safety at Work Act 1974 and the Control of Substances Hazardous to Health Regulations 1988 (COSHH).
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How Property Owners should be tackling the new legal requirement of 'duty to manage' asbestos before 2004.
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Those with a long term interest in buildings - need to be aware of the advantages of taking a strategic approach to a building's energy performance.
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Although October 2004 may still seem like a long way off, those who have a duty to make their services more accessible to people with disabilities should be considering the implications and planning how to do this now.
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David Howles, Chief Executive of Wakemans, examines the implications of the Disability Discrimination Act on the property industry.
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Don't tie up your project in knots - An environmental disaster left over from the Nineteenth Century
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The Increasing Ecological implications of developing brownfield and greenfield sites.
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The tenant's agent role can be vital, particularly when it is likely that the management team has no property experience, other than as occupiers.
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