South West
-
Hunting Gate buys office freehold in Bridgewater for £1.371m
Unilever Superannuation Fund has sold the freehold on Royal Clarence House in Bridgwater, Somerset, for £1.4m. Hunting Gate bought the investment at 9.25% initial yield on behalf of an undisclosed…
-
WH Smith to axe 1,000 jobs
WH Smith is to cut 1,000 jobs at it Sloane Square office in London and at its Swindon headquarters. The retailer is also shortly expected to confirm it wants to…
-
BT takes offices in Bristol – and looks for more
In Bristol’s biggest office letting of the year so far, BT has taken 2,323 sq m (25,000 sq ft) in Chelsfields’s Whitefriars building on Lewins Mead, central Bristol.
-
Land sale at Britannia Business Park
NP Automotive Coatings has acquired a 0.53 ha (1.3 acre) site on Britannia Group’s business park in Radway Way, Stratton Street, Swindon in Wiltshire.
-
Celtic Land prelets 1,022 sq m to DOE in Plymouth
The DOE has taken a prelet on 1,022 sq m (11,000 sq ft) of offices at Sutton Harbour Marina, Plymouth in Devon, from Celtic Land.
-
Bristol faces shed shortage
Central Bristol faces a serious shortage of new and good second-hand industrial space, according to Donaldsons. The agent’s research found that the shortage is most acute in the sub-465 sq…
-
Commuter rail station planned for Bath
Bath and North East Somerset Council is preparing a £1.1m bid to the Department of Transport for a new commuter station at Newton on the western outskirts of Bath.
-
Jermyn buys 8/10 Colston Avenue, Bristol
Jermyn Investment has acquired the freehold of 8/10 Colston Avenue in Bristol city centre from the Police Mutual Assurance Society for £820,000.
-
South West: Britannia wins contract for Greenbridge Retail Park’s second phase
Britannia Group has won a £5m-plus contract to develop and manage the second phase of Greenbridge Retail Park, Swindon in Wiltshire for the Prudential Assurance Company.
-
Green Property buys property portfolio for £37.1m
Green Property has bought an investment portfolio from United Friendly Insurance for £37.1m. The deal reflects a 9% net yield. The portfolio’s 13 properties – most of which are in…
-
Millennium Commission grant raises hopes for Bristol Harbourside offices
A £41m Millennium Commission grant for a 4.05ha (10 acre) leisure complex in central Bristol has brought the development of 60,385 sq m (650,000 sq ft) of offices on the…
-
South West: Exeter University to expand on site in Penzance
Exeter University has decided that it will build a new £80m campus in Penzance, Cornwall, on a 48.5 ha site. The building should also assure the town a continuing rail…