South West
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Maybrook buys Clifton Centre in Bristol for £8.5m
Maybrook Properties has paid £8.5m for the freehold of the 8,360sq m (89,989sq ft) Clifton Centre, Whiteladies Road, Bristol. The centre, completed in 1979, was refurbished by Zeneca Pension Trustees…
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Cliveden in talks with Queens Moat to buy Royal Crescent in Bath, Avon
Cliveden confirmed it was in discussions with Queens Moat Houses for the purchase of the 42-room Royal Crescent Hotel in Bath.
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Olives Property acquires Wessex Trust for £4.2m
Olives Property, the investment company, has made an agreed £4.2m offer for Wessex Trust, a property management company. Wessex has a portfolio comprising 11 industrial and warehouse properties located mainly…
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Griggs Group takes over Clarks factory in Shepton Mallet, Somerset
Dr Martens manufacturer Griggs Group is taking over Clarks’ factory in Shepton Mallet, Somerset. Production was being cut back at the factory with the loss of hundreds of jobs.
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Chesterton appointed advisors on two PFI projects in Northern Ireland
Chesterton Consulting has been appointed to advise on two PFI projects in Northern Ireland. The Western Education and Library Board has appointed Chesterton as lead advisor on the procurement of…
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Sainsbury wins consent to convert warehouse club into superstore at Castle Court, Bristol
After a planning battle lasting months, Sainsbury has finally won consent to convert a warehouse club in Bristol’s Castle Court into a supermarket.
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Hewlett-Packard to occupy £20m research base at Stoke Gifford in Bristol
Computer giant Hewlett-Packard (H-P) is building a 13,935 sq m (150,000 sq ft) research facility at its Stoke Gifford site in Bristol at a cost of £20m.
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Bradford-on-Avon in Wiltshire seeks Lottery cash to regenerate 2.02 ha (five acres)
Bradford-on-Avon, Wiltshire is seeking lottery money to restore buildings left derelict following industrial change. There are 2.02 ha (five acres) of boarded up buildings left behind by its former rubber…
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Gap of £80m hits hospital PFI deals
Contract negotiations at two flagship hospitals due to be built under the Private Finance Initiative (PFI) have stalled. Negotiations for the £65m new hospital for North Durham Acute trust and…
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Clerical Medical pays £11.65m for shopping centre in Bournemouth, Dorset
Clerical Medical has bought The Avenue Centre in Bournemouth’s prime retail pitch for £11.65m. The 100,000 sq ft centre currently generates £1.79m pa in rent reflecting a 6.5% yield on…
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First two `super agency’ contracts awarded for roadworks
Hampshire County Council and two private companies have won the first two “super agency” contracts worth £17m for the repair and maintenance of more than 500 miles of trunk roads…
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Prism to launch rights issue for rail acquisition
Prism Rail plans a rights issue at 240p to fund the acquisition of South Wales & West Railway and Cardiff Railway Company.