East Midlands
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NU forward funds £7m speculative shed scheme in Milton Keynes
Norwich Union is forward funding Easter Development Group’s £7m Libra scheme, a speculative industrial development in Milton Keynes. Easter is developing the 10,404 sq m (112,000 sq ft) four unit…
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Wedderburn Securities offer for Forspur
Wedderburn Securities has made an offer for ForspurTrading. Wedderburn is an AIM-listed property investment company while Forspur Trading is an oil-trading and production companyregistered in Cyprus.
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Tesco plans call centre at Glasgow
Tesco is planning to build a call centre at George Square,Glasgow. It will be open in July. The Times 04/06/97 page 28 (Business Roundup).
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Halifax figures show housing market recovery
The Halifax has released figures showing the housing marketrecovery, with the average price of a home rising by 1% last month, comparedwith April.
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MEPC to invest £470m over the next four years
MEPC is to invest £470m over the next four years, starting Iwith a £164m tranche in the second half of thisyear.
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Wiggins does the numbers on CNC Properties
Wiggins is reported to be taking a close look at CNCProperties with a view to takeover. CNC’s share price rose 5.5p to 76.5p, just below last year’speak.
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Stakis to build £12.3m hotel outside Glasgow
Stakis has announced plans to build a £12.3m hotel andleisure complex outside Glasgow. It will be built in Strathclyde Business Park and will open inthe summer of 1998.
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Morrison Construction to sell family shares
Directors and senior executives of Morrison Construction and their families are selling up to 13% of the company. They will bereducing their stake from 65.9% to 53%.
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Strike threat looms over construction industry
The building industry is facing a wave of unofficial disputes.Industrial action could affect projects as diverse as the JubileeLine extension, the Millennium project at Greenwich, the RoyalOpera House renovation and…
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Estate agents warned about tipping off developers
Estate agents have been warned they risk being banned if theyengage in “improper, unfair, deceitful or oppressivepractices”. The warning has come from the Office of Fair Trading.
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L&G pays £10m for Dove Valley Park shed
Legal & General has paid Condor Developments £10.65m for a 24,620 sq m (265,000 sq ft) distribution shed at Dove Valley Park in Derbyshire.
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Eddie Stobart expands into roadside restaurant business
Freight industry folk hero, Eddie Stobart is to expand into the roadside restaurant business. Stobart is opening his first diner close to his company’s headquarters in Northamptonshire this October.