South West
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C&J Clark pulls out of factory outlet centres
C&J Clark is pulling out of factory outlet centres to concentrate on its core businesses of shoe manufacturing and retailing. The company, who developed the discount factory shopping concept in…
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Burford embarks on rail freight project
Burford is embarking on a rail freight project. It is to buy a 182.12ha (450 acre) site from mining giant, RTZ at Avonmouth on the outskirts of Bristol for more…
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Heron among front-runners for Welcome Break
Gerald Ronson’s Heron International is one of the leading contenders to buy Granada’s motorway-service chain, Welcome Break. Other contenders include Shell, in partnership with McDonald’s and Whitbread.
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Shaftesbury announces £36.5m rights issue
Shaftesbury is raising £36.5m by a three for eight rights issue to help pay for the Carnaby Street Estate, W1, which it is buying from Wereldhave for £90m.
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C&J Clark considers factory outlets sale or joint venture, in Street and Kendal
C&J Clark is considering a possible trade sale or co-operative joint venture for its factory outlet centres in Street, Somerset and Kendal, Cumbria.
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C&J Clark to spin off factory shops
Privately owned shoe manufacturer C&J Clark plans to spin off itsfast-growing factory outlet operations in Street, Somerset, and Kendal, Cumbria. Coopers & Lybrand is advising on a full or partial…
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GRE offices to close and Barclays move may hit Wiltshire
Guardian Royal Insurance will close seven offices in towns where recent acquisition Legal & General is also represented, and branches in a further five locations.
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Allders’ looking for opportunities to expand
Retail group Allders announced a jump in pre-tax profits. Chief executive Harvey Lipsith said the group will spend £30 million in the next two years on store refurbishment, including the…
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Capital & Regional joint venture buys £22m retail park portfolio
Hermes Pension Fund has sold three retail parks to a joint venture company backed by Capital & Regional and Lanham for £21.9m.
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Exclusive Sun Life’s Bristol HQ sold for £75m
Sun Life Group is understood to have sold its brand new Bristol Parkway headquarters to a mystery buyer in a £75m sale and leaseback deal.
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M&C spends £4.1m on Copthorne Plymouth Hotel long leasehold
Millennium & Copthorne Hotels has spend £4.1m on the long leasehold of the Copthorne Plymouth Hotel from HB Hotels. Financial Times 05/12/96 page 30.
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Millennium & Copthorne purchases Plymouth hotel lease for £4.1m
Millennium & Copthorne has purchased the lease of theCopthorne Plymouth Hotel from HB Hotels for £4.1m. Millennium has run the hotel on a management contract since1987.