South West
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£172m rail route to link Ipswich with Swindon
Railtrack is planning a £172m rail link between Oxford and Bedford which will enable a high speed link spanning east to west from Swindon to Ipswich and Norwich.
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Tesco buys supermarket site in Cheltenham
Tesco has applied for outline planning consent to build a 1,858 sq m (20,000 sq ft) supermarket in the centre of Bishops Cleeve, near Cheltenham.
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M4 landlords must refurbish to meet occupier needs, warns King Sturge
Those responsible for much of the 900,000 sq m (9.69m sq ft) of vacant offices along the M4 between Heathrow and Swansea will have to refurbish their properties if they…
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L&G and NFU to fund £40m retail scheme in Reading
Legal & General and NFU Mutual have agreed to fund a £40m retail park in Reading. Development partners Salmon Harvester Properties and Reading Council are proposing an 18,580 sq m…
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Property industry gives cautious welcome to PFI changes
The property industry has broadly welcomed the proposed changes, while still expressing some doubts over whether they will achieve what the government intends.
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Cornish parking bay fetches £12,000
Four parking bays at Polperro, Cornwall, have been sold for £12,000 each. The price is equivalent to £6m an 0.4ha (1 acre).
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ICI puts Western Approach unit up for sale at £15.5m
ICI Estates has put the Great Mills unit at Western Approach, north Bristol, on the market for around £15.5m in the first disposal at the chemical giant’s massive distribution park.
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BAe loses High Court fight to develop Filton airport
BAe and British Aerospace Airbus have lost their High Court battle to overturn the former environment secretary John Gummer’s refusal to allow a commercial airport to be built at Filton,…
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Protest at new town in Gloucestershire
Protestors are marshalling their forces against proposals for a newtown in the Slad Valley, Gloucestershire. The proposals have been put forward by Stroud District Council.
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Burford sells Bristol’s Crescent Centre for £9.5m
Burford has sold the Crescent Centre, a 1970s office block on Temple Back in Bristol, to a client of Jones Lang Wootton for £9.5m, in a deal reflecting a 10.25%…
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Imry completes lettings at Greenways, Chippenham
Imry has let the final three units at Greenways, the 9,290 sq m (100,000 sq ft) office scheme in Chippenham, Wiltshire.
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Burford announces development at Avonmouth
Burford Western Estates has announced a multi-million pound development at Avonmouth. The park will create the largest purpose-built business centre in the South West.