East Midlands
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Space centre and Technopolis for Leicester
The Millennium Commission has agreed to help fund a National Space Science centre in Leicester and a Technopolis – an information technology library with links to schools and other libraries.
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Wilson Bowden puts Nottingham prelet up for sale
Developer Wilson Bowden has placed Lock House in Nottingham on the investment market for around £3.1m following solicitor Shoosmith and Harrison’s decision to prelet the entire building.
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Pelican cafe group spreads its wings in Nottingham
Pelican Group is to open a cafe bar at 31 Bridlesmith Gate, Nottingham. The Whitbread-backed restaurateur is paying Royal & Sun Alliance £110,000 pa on a 25-year lease with five-yearly…
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Investors spend £13.35m on shops in Nottingham
Two investors have spent a total of £13.35m on shops in Clumber Street and Bridlesmith Gate, Nottingham, East Midlands. SPP Investment Management has bought 28 Clumber Street from Taylor Clark…
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Royal London buys 63,670 sq ft Mansfield Leisure Park for £6.9m
Royal London has acquired Mansfield Development’s 5,915 sq m (63,670 sq ft) leisure park on the Nottingham Road near Mansfield for £6.9m.
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Power (Europe) shortlists Interlink, Magna Park and Hams Hall for 25,000 sq m warehouse
Third party distributor Power (Europe) has shortlisted three sites in the Midlands for a 25,000 sq m (269,106 sq ft) cold storage warehouse and 2,240 sq m (24,112 sq ft)…
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Booker picks Swan Valley for latest distribution scheme
Swan Hill and Norwich Union have sold a 8.49 ha (21 acre) site at Swan Valley Distribution Park, Northampton, to Booker for around £6.6m.
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BAA’s retail income jumps 9%
Airports operator BAA today said it was optimistic it would get thego-aheadto build the proposed Terminal 5 at Heathrow as income from its retail sector climbed.
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Rodamco secures £23m Daventry sale and leaseback deal
Rodamco has bought the new Eddie Stobart distribution depot at Daventry International Rail Freight Terminal. The purchase is in the form of a £23m sale and leaseback transaction for a…
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Warner re-launches search for Movie World site
Warner Bros and United News and Media are re-activating a search for land on which to build their £225m Movie World theme park following a decision to pull out of…
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Property market riding high for a fall
Commercial property is riding high with financiers anxious toborrow. Savills reckons property lending is as much as £57m,against the £30bn reckoned by the Bank of England.
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Nuclear bunker put up for sale at £100,000
West Midland Fire and Civil Defence Authority is putting aformer nuclear war control centre up for sale. The bunker at Sutton Coldfield is expected to fetch about£100,000.