West Midlands
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National Mutual sells Trinity Park office for £5m
National Mutual Life Assurance Society has sold its long leasehold interest in Cornhill House, Trintiy Park, Solihull, for £5,090,000. Tesco Pension Trustees bought the office in a deal reflecting a…
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BK franchisee plans 21 restaurants in Midlands
Gowrings wants to open at least 21 Burger King restaurants in the Midlands in the next three years. Burger King plans to open 70 branches a year in total.
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Grafton buys Niall Bailey for £13.5m
Grafton Group bought Niall Bailey builders’ merchant group in the Midlands for £13.5m. Niall Bailey has six branches near Birmingham. Grafton now has 85 branches mainly in south-east England and…
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Grafton in ‘advanced talks’ to buy Niall Bailey
Grafton Group hopes to step up its UK expansion with the purchase of the Niall Bailey builders’ merchant group in the Midlands.
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Distribution centre for Pilkington to be built in record time
A new European distribution centre for glassmaker Pilkington is to open next month in Redditch, West Midlands. The centre is set to be completed by Alfred McAlpine in record time,…
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Deal secures future of Longbridge site
BMW has agreed a deal with the government that secures the future of the Longbridge car plant near Birmingham. . BMW will receive around £150m in government aid in return…
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BMW warns time running out for Rover Longbridge
BMW warned at its annual press conference that time was running out for a successful negotiations with the government to secure the future of the Longbridge Rover plant.
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Selfridges in talks to expand Oxford Street site
Selfridges is talking to seven international hotel operators about expanding its hotel and retail space at its Oxford Street site in London.
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T&S in talks to acquire One Stop from P&S
T&S is in talks to buy the One Stop convenience store chain from Portsmouth & Sunderland. The 200-220-strong chain could fetch more than £50m.
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Enterprise takes over Century for £79.1m
Enterprise Inns has added another 504 pubs to its estate with the takeover of Century Inns for £79.1m. Century’s pubs are mostly in the north-east and Midlands.
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Longbridge deal ‘close’, says Byers
The government is thought to be close to making a deal with BMW to secure the future of the carmaker’s Longbridge Rover plant.
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£47m Despa deal marks German funds’ debut in Birmingham
Despa has bought Colmore Gate in Birmingham from the Church Commissioners for £47m. The deal represents an initial yield of 7.75%.