East Midlands
-
GRO to raise £750,000 through Ofex floatation
Property investment company specialising in ground rents, GRO Properties, is to raise £750,000 through a floatation on the Ofex market later this month.
-
BAA McArthur/Glen £30m “designer outlet village” given go-ahead for South Normanton, Derbyshire
A £30m retail development, which is expected to generate up to 600 jobs near South Normanton in Derbyshire, has been given the green light after years of political and legal…
-
Silverstone to create “technology village” and hundreds of jobs
Silverstone Circuits, the company which runs the 323.76 ha (800-acre) motor racing site in Northamptonshire, has applied for planning permission to extend industrial units into a 20.24ha (50-acre) technology park.
-
FHH submits plans for £30m offices and shops in Nottingham
Forman Hardy Holdings, headed by Nicholas Forman Hardy, has applied to Nottingham Council for consent to develop a low energy 14,864 sq m (160,000sq ft) office scheme with 929sq m…
-
Positive investment climate forecast by Hillier Parker
Hillier Parker recorded just under £1bn of forward funding and joint ventures in the UK property market during the first quarter of 1996.
-
Jacobs sells Derby retail park for £12.6m
Jacobs Holdings has sold the Kingsway Retail Park, off the Derby ring road in Derby, for £12.642m to an offshore investment company.
-
Morland thrives four years after close call
Morland, the Abingdon brewer that was close to closure in 1992 when Greene King launched a hostile bid, has now doubled capacity.
-
WPP hints of acquisition
WPP, the world’s biggest marketing services group, told shareholders it would consider an acquisition as part of its future plans. the company has reduced a net debt of £437m four…
-
GM moves on Saab
Saab is to receive a funds injection of £340m from General Motors of the US and Investor, the main arm of the Wallenberg empire in a refinancing deal.
-
Further education PFI deals hit £300m
Five big further education investment projects under the government’s private finance initiative were announced yesterday, taking to 34 the number of “pathfinder” contracts in the education sector, with a total…
-
Kvaerner issues more writs in alleged espionage case
Kvaerner, the Norwegian engineering group, which owns Trafalgar House, yesterday stepped up its campaign against VAI, which it has accused of industrial espionage at Kvaerner UK subsidiary Davy International, the…
-
Mountview profits down
Mountview Estates turned in full-year pre-tax profits down from £9.32m to £7.89 on turnover up from £17.2m to £18.1m. The Daily Telegraph 19/6/96 page 33.