Grosvenor Square Properties (GSP) has paid Capital & Regional (Salford) about £4m for the long leasehold interest in Olympic Court, an industrial estate in Salford, Greater Manchester.
Leeds-based Bilsdale Properties has let on behalf of overseas owners two industrial units at Link 5 on the 92,000 sq m (1m sq ft) Walker Park at Blackburn, Lancashire.
Virgin Group has become the new owner of the West Coast main line route from London to Birmingham, Manchester, Liverpool and Glasgow.
West Anglia & Great Northern Railway (WAGN) has announced plans to cut peak time commuter trains by a third. WAGN runs services in Hertfordshire, Cambridgeshire, Bedfordshire and Essex.
Computer specialist ICL has picked Ambassador House on Hypo Property Investment’s Concord Business Park, South Manchester, for a new training centre.
JJB Sports chairman Dave Whelan has accused Wigan Rugby League Football Club’s board of “selling Wigan’s heritage” by disposing of its Central Park ground to Tesco for a superstore development.
Ford’s Halewood plant on Merseyside may have escaped the axe but other car plants are heeding the warning, writes the Financial Times in a special motor industry supplement FT auto.
Ford is expected to get a government subsidy for its plant at Halewood on Merseyside to preserve car production there. Halewood had been at risk after the company announced in…
Unigate is rationalising its UK margarines and spreads production. The move involves the closure of the St Ivel factory in Devon.
Wigan rugby league club is facing a legal suit over plans to sell its Central Park stadium to Tesco for £11.7m.
James Ritblat’s Freehold Portfolio Estates is tipped to be buying a retail unit pre-let to Asda in Hulme, south Manchester, for £14m.
Greenalls has cut 100 jobs from its Warrington head office as part of a wider restructuring of the pub operator’s estate.