South West
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Coutts to open provincial offices
Coutts & Co, Britain’s oldest bank, is to open new offices in Bournemouth, Newcastle, Guildford and Oxford next year. Sunday Times Business 01/12/96 page 2.
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Royal Bank of Scotland sells four properties to Menzies Hotels for £25m
The Royal Bank of Scotland has sold four properties to Menzies Hotels for £25m. Concentrated on the south coast, the deal means Menzies now has eight three or four-star hotels.
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Developers sign up multiplex operators for Plymouth’s rival schemes
The developers of two leisure schemes on the opposite sides of Plymouth city centre have signed up rival multiplex operators. Bristol-based ASM has secured UCI as anchor tenant for a…
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Heseltine confirms Bristol’s biggest ever office deal as Bristol & West takes Temple Quay site
Deputy prime minister Michael Heseltine has announced that Bristol & West is taking land at English Partnerships’ Temple Quay in Bristol for a new office headquarters.
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Holmes Place to expand with Nat West Ventures backing
Holmes Place, the City’s favourite gym, is expanding. Nat West Ventures is this week expected to announce a £5.5m investment in the health and fitness group.
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Bristol in focus
The Times takes a closer look at the efforts being made to breathe new life into Bristol. Times 22/11/96 page 36, page 37.
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Battle lines drawn for fight over West Coast railway
Richard Branson’s Virgin group, bus operator Stagecoach and Sea Containers, the Orient Express transport group are set to do battle over which of them will win the right to run…
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ExclusiveGE Capital takes Bristol Distribution Park unit
GE Capital is about to sign up for a new manufacturing unit at Hawkley Land & Estates’ Bristol Distribution Park in the first deal at the development for more than…
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Kyle Stewart beats Marylebone Warwick Balfour to Exeter leisure site
Kyle Stewart Properties and Crownwood Estates have been picked to develop British Rail Property Board’s Central Station Yard site in Exeter, beating off a rumoured bid from Marylebone Warwick Balfour.
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Bradford Property Trust’s profits up as housing market improves
Bradford Property Trust, the UK’s largest quoted owner of tenanted residential properties, has posted half year profits up 21% to £14.2m on the back of an improving housing market.
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Peers back land registry bill
Legislation to increase the number of properties in England and Wales lodged with the Land Registry was approved in principle by peers last night, with government and cross-party support.
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IKEA pays BS Group £19m for Bristol Greyhound Stadium
IKEA has bought the freehold of the Bristol Greyhound Stadium and the adjoining Eastgate Retail Park at Jctn 2 of the M32 at Bristol for £19m from BS Group.