South East
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Airport sales could earn National Express £100-£200m
National Express could earn up to £200m from the sale of its airports division. The airports include East Midlands and Bournemouth and Stewart, in New York.
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St Martin’s puts Hursley up for sale
St Martin’s Property is selling the 2,024ha (5,000 acre) Hursley estate near Winchester, Hampshire. The working estate is expected to fetch about £18.5m.
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607ha container port plan for Thurrock
P&O has agreed with Shell to convert the 607ha (1,500 acre) Shell Haven refinery at Thurrock, Essex, into Britains largest container port at an initial cost of £100m.
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P&O to build UK’s largest container port
Shipping and ports group P&O has announced plans to redevelop the 1,500 acre (607.05ha) former Shell Haven oil refinery on the north bank of the Thames Estuary into Britain’s largest…
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M&S to launch discount outlets by Christmas
Marks & Spencer will open its first three discount outlets by Christmas at BAA McArthurGlen shopping centres in Kent, Cheshire and Scotland.
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Ercol moves to Princes Risborough
Ercol of High Wycombe, Berkshire, is moving to a new purpose-built site at nearby Princes Risborough. . The furniture maker is spending £20m on the 9.31ha (23 acre) site.
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National Express to put UK airports up for auction
National Express is expected to confirm it will auction off its UK airports. They include East Midlands and Bournemouth. They are expected to fetch about £200m.
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Slough optimistic about consent for massive business parks
Slough Estates hopes to receive planning permission for two enormous business parks at Cambridge and Farnborough, this autumn. The developments will form the bulk of the UK’s largest industrial property…
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Channel Tunnel Group sued in leases row
BAA and WorldDuty Free (Europe) are suing the Channel Tunnel Group in a dispute about leases. They are taking action for alleged misrepresentation and breach of undertakings after taking out…
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Woolworth’s takes on 6 C&A leases
Woolworths has taken on the leases of six former C&A stores from Redevco. They are in Chester, Cheshire; Gateshead, Tyne & Wear; Ilford and Wood Green, London; Derby, Derbyshire and…
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Industrial buildings campaign launched
English Heritage an has announced a campaign to preserve some of Britains finest examples of historic industrial buildings. The campaign was announced a this weeks conference of the International Committee…
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Triple rent rise forces out Pentworth café
The Tudor Cottage Café in Pentworth, West Sussex, will be forced to close in December. The landlord is tripling the rent next year.