South East
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Railtrack accuses North Hertfordshire District Council of trespass
A High Court confrontation is looming between Railtrack plc and one of the major local authorities in the Home Counties, North Hertfordshire District Council.
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International Computers Ltd commences legal action in lease dispute
International Computers Ltd (ICL) is taking Reading-based GIBT Ltd and LSI Industries Incorp, of Ohio, USA, to court in a £750,000 lease dispute.
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Property developer puts Kent manor house on market
Property developer Andre de Candole is asking for at least £5m for a 17th century moated manor house he owns in Groombridge Place, Kent.
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Barclays takes two branches off market
Barclays has withdrawn two rural banks from sale. They are in Belford, Northumberland and Stotfold, Bedfordshire. Barclays has received proposals for locals to set up community banks in the premises.
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BG to bring Thames Valley Park building to market
BG Group is putting one of its Thames Valley Park buildings on the market this autumn. The gas company, formed from the demerger of Centrica from British Gas, is looking…
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Brakespear reviews Honeypot future
Brakespear plans to undertake a strategic review of its investment in Honeypot Inns. Honeypot Inns is a managed pub joint venture set up with the founder of the Firkin pub…
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LCI to open casinos in Brighton and Southend
London Clubs International is planning to open casinos in Brighton and Southend next summer. It owns 50 St James and Les Ambassadeurs in Londons West End and it has diversified…
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Ibis opens near Gatwick
Accor has opened an Ibis hotel near Gatwick Airport. It has 141 rooms and parking for 74 cars. Financial Times 21/08/00 page 11 (Travel Update).
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West is still best for office occupiers, reports Knight Frank
Offices to the east of the M25 are still securing only 15% of annual demand compared with their counterparts in the west, despite the significant benefits offered by eastern locations,…
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Telecoms giants head for Thames Valley offices
Two Telcoms giants are planning to take up offices in the Thames Valley region as a consequence of the £22.5bn mobile phone licences’ auction.
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Castlemore set to seal record rent at Grenfell Island
Castlemore Securities £75m Grenfell Island scheme in Maidenhead has gone under offer to Hutchinson Telecom. Sources believe that a rent of £377 per sq m (£35 per sq ft) has…
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Standard Life seeks Refuge in £34m Stockley Park deal
Standard Life Investments has sold its freehold interest in Lakeside House, Stockley Park, Heathrow to Refuge Assurance for £34m. The sale price reflects a yield of about 5.75%.