North West
-
Courtaulds Textiles sells two mills
Courtaulds Textiles has sold its spinning business, comprising Chadderton Mill in Oldham and Swan Lane Mill in Bolton, to Shiloh. The net assets of the two mills on December 31…
-
Tops wins consent for 1,068 sq m extension at Clayton Square, Liverpool
Tops Estates, which specialises in town centre retail investments has won outline planning consent to increase the size of its 26,477 sq m (285,000 sq ft) Clayton Square shopping centre…
-
Warner Estates pays £5.165m for mixed-use portfolio
Warner Estates has bought a mixed-use property portfolio for £5.165m. The sale price reflects an 8.4% net initial yield on an income of £447,000pa.
-
Rowlinson Securities pre-tax profits up 12% to £1.46m
Rowlinson Securities saw pre-tax profits rise 12% to £1.46m for the six months to September. Turnover at the Cheshire-based concern which has interests in property investment, development and contract building,…
-
David Lloyd plans new sports centre chain
David Lloyd, who recently resigned from the board of Whitbread, is set to make a comeback having raised £20m to launch a new sports-centres chain.
-
Raven Group abandons Inland Revenue and plans mixed-use scheme for Stockport Infirmary site
London-based Raven Group will shortly submit a planning application for the redevelopment of the Stockport Infirmary site in Greater Manchester. The application will place emphasis on hotel rather than office…
-
Oakgate pays £4m for store in Blackpool, Lancashire
Weatherby-based Oakgate Group has paid Littlewoods a rumoured £4m for a department store at 61/71 Church Street, Blackpool, Lancashire, which it plans to redevelop completely.
-
Holmes Place to expand with Nat West Ventures backing
Holmes Place, the City’s favourite gym, is expanding. Nat West Ventures is this week expected to announce a £5.5m investment in the health and fitness group.
-
IBM purchases warehouse investment in Manchester
IBM United Kingdom Pensions Trust has purchased the freehold of a 17,369 sq ft (1,614 sq m) warehouse at 1-3 Harp Trading Estate, Manchester, for £595,000.
-
Lonrho subsidiary submits plans for £50m leisure and retail scheme in Oldham
Farrho Developments, Lonrho’s development arm, has submitted an outline planning application for a £50m leisure and retail scheme on South Union Street in central Oldham, Greater Manchester.
-
Cumbria wins biggest inward investment for 20 years
American-owned Candle Corporation Worldwide is to invest £16m in a 9,290 sq m (100,000 sq ft) factory at Barrow-in-Furness to make candles for the European market.
-
Peers back land registry bill
Legislation to increase the number of properties in England and Wales lodged with the Land Registry was approved in principle by peers last night, with government and cross-party support.