South East
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McKay Securities reports interim profits dip
McKay Securities reported a fall in interim profits this morning, due to lower receipts from property trading. The small investor/developer reported pre-tax profits down to £3.538m for the six months…
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Celexa takes Chelmsford Walk for £4.1m
Countryside Properties Frenchs Walk development in Chelmsford town centre has been forward-sold to Celexa for £4.1m at a yield of 6.8%.
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Regional policy paper launched
The Smith Institute will launch a paper today outlining government strategy to spread prosperity out from the south east in an attempt to bring regional policy in from the cold.
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Road protestors get ready for a fight
Anti-road protestors are rallying their forces in a battle against new bypass proposals. All eyes are on Hastings where the first of 30 reports is due in the new year…
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Manchester gets off to a flying start in airports race
Manchester airport is favourite to buy East Midlands and Bournemouth airports from National Express for £220m-£230m. Others believed to be on the shortlist are TBI, Copenhagen airport and the infrastructure…
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Flooding forces road closures
Police were forced to close several roads in the Bangor-on-Dee area of north Wales following flooding. A severe storm raged across the South East last night bringing renewed threat of…
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Environmentalists concerned about five-year housing plan
Environmentalists are expected to complain that the government will resort to building more homes in five years time in the south east.
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C&R exchanges on Greenford shopping park
Capital & Regional (C&R) has exchanged contracts on the £43.75m sale of the Westway Shopping Park in Greenford, Middlesex, to the Co-operative Insurance Society.
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Mosque application fails
The High Court has rejected a bid by local residents to block a new Islamic centre to be built on land owned by Magdalen College, Oxford, after the city council…
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Court refuses to “fill in the gap” in lease
A Gerrards Cross couple have won an Appeal Court challenge over a lease term requiring them to build an office block for their tenants at The Yard, Low Meadow Farm,…
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High Court throws out Islamic dome and tower protest
The High Court has rejected an attempt to stop the building of the Oxford Centre for Islamic Studies. Protesters claimed the 23 ft (75ft) dome and 33ft (108ft) tower would…
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Berkeley links with LandSec for Portsmouth development
Berkley Homes and Land Securities are expected to form a £160m limited partnership for the ownership of a mixed-use development in Portsmouth, Hampshire.