East Midlands
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Pex sells surplus Leicester property
Pex has disposed of its surplus property at Disraeli Street, Leicester, for £1.1m. The money will be used to reduce the sock manufacturers’ borrowings.
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Granada sells Derbyshire theme park to Venture World for £3.5m
Granada has sold its American Adventure theme park in Derbyshire to Venture World for £3.5m. Venture World is a shell company led by Trevor Hemmings, chairman of TJH.
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Lewis pulls out of three-horse Forest bid battle
Blenheim Exhibitions Group founder Lawrie Lewis pulled out of bidding for Nottingham Forest F.C. He had been backing Cruise Holding’s offer led by Grant Bovey, owner of Watershed Pictures.
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Berkeley plans to raise £33m to fund land acquisitions
The Berkeley Group is planning to issue a cash call to raise £33m for future property acquisitions and is eyeing the Guinness site in Wandsworth, south west London, for a…
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Sears sticks with shoes, says Strong
Sears said it had no plans to sell or demerge Dolcis, Shoe Express and Shoe City. It has a restructuring programme in progress which chief executive Liam Strong said he…
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Boots to relocate from Nottingham city centre
Boots Plc plans to close three Nottingham city centre offices and move the staff into a new extension to D90, the company’s existing headquarters on 121 ha (300 acres) in…
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Nigel Wray could raise £17m bid for Nottingham Forest
The Nigel Wray-led consortium may raise its £17m bid for Nottingham Forest this week. It will depend on whether two rival offers from Grant Bovey and Albert Scardino materialise today.
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Eddie Stobart unveils £25m distribution centre at Daventry Rail Freight Terminal
Haulage firm Eddie Stobart is to become the first major occupier at Abbcott Estates’ Daventry International Rail Freight Terminal (DIRFT) in Northamptonshire.
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Lewis re-enters Nottingham Forrest bid fray
Lawrie Lewis has re-entered the fray to buy Nottingham Forrest, He is providing funding for a new offer from Watershed Pictures owner Grant Bovey.
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Bovey re-enters Nottingham Forest fray
Grant Bovey re-entered the bidding for Nottingham Forest last night. He has not named a price but will send out the bid to shareholders by Friday.
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Wray backs only formal offer for Nottingham Forest as deadline looms
The deadline for offers for Nottingham Forest expires on Friday. Nigel Wray is financing the only formal offer on the table to the tune of £15m.
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Friends Provident sells Flying Horse Walk retail centre in Nottingham for £4.3m
FPPS, the property fund managers for Friends Provident, has sold the Flying Horse Walk shopping centre in Nottingham to PDFM for £4.3m.