North West
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Protestors set up camp near Manchester Airport
Protesters have set up camp at the site of Manchester Airport’s proposed second runway. In a separate development, the Under-Sheriff of Devon has rejected surrender terms from demonstrators at the…
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Equitable Life pays £90m for shopping centre in Chester
Equitable Life has paid £90m – well above the asking price – for the long leasehold interest in the Grosvenor Precinct, Chester.
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Peel Holdings sitting on a retail goldmine say analysts
Peel Holdings’s meteoric rise is set to continue as City analysts believe its Trafford Centre in Dumplington, Greater Manchester now has a value of over £250m.
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LSH claims biggest factory deal in south Manchester for several years
In what is being hailed as the biggest deal of its kind in the south Manchester market for several years, Structural Concrete Contractors (SCC) has bought a 15,311 sq m…
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Camas sells roadworks activities to MBO for £7.6m
Camas has earned £7.6m from the sale of the highway construction, highway maintenance and surfacing working carried out by Camas Associated Asphalt to a management buyout team.
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Argent and Burford target Manchester leisure sites
Argent is joining Merlin International in Manchester to build a huge leisure complex anchored by Warners at the Great Northern Warehouse site, and Burford is looking at CIS’s Shudehill site…
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Boots Pensions pays £4.65m for industrial units in Greater Manchester
Boots Pensions has bought 11 sheds on Wingates Industrial Estate at Westhoughton in Greater Manchester from Rowlinson Securities for £4.6m. The deal reflects an initial yield of 9.5%.
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Unions call Ford proposals a ‘sham’
Unions called Ford proposals for its Halewood plant in Merseyside to build the current Escort as a “classic” model a “sham”.
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SI Pension Trustees unveils £15m short leasehold acquisition programme
SI Pension Trustees Limited has paid a private property company around £3.8m for a short leasehold on an office block in Newington Causeway, SE1.
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Fletcher King plans regional expansion
Fletcher King plans to expand its regional coverage into Yorkshire and Scotland following a 46% rise in pre-tax profits to £72,000 in the six months to October.
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Pyramids acquisition increases Speciality Shops portfolio to 7 shopping centres
Speciality Shops has increased its portfolio to seven shopping centres with a total floor area of 46,450 sq m (500,000 sq ft) and a value of £110m.
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Ford seeks £75m government aid to keep Halewood plant open
Ford is seeking £75m of government aid for a new vehicle to help keep its Halewood plant open, on Merseyside, after 2000.