West Midlands
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Town Centre Securities advances to £5.8m
Town Centre Securities lifted pre-tax profits from a restated£5.5m to £5.8m in the six months to December 31. Gross revenue at the Leeds-based property group rose 9% to£14.7m, mainly as…
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Property development powers Wilson Bowden
Strong results from property development pushed Wilson Bowden to record profits last year. The property development arm contributed £18.9m, almost twice as much as last time, to group operating profits…
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HFC Bank to take 70,000 sq ft at 120 Edmund Street, Birmingham
HFC Bank is in talks with Brixton Estate to take 6,503 sq m (70,000 sq ft) of offices at 120 Edmund Street in Birmingham.
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Morrisons and Capital Land to develop £40m leisure scheme at Lichfield
Morrison Developments and Capital Land have teamed up with Lichfield council to develop a £40m leisure scheme on a 283 ha (700 acre) site outside the town.
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Parcelforce to build £100m distribution centre
Parcelforce is to build a £100m distribution centre next toCoventry Airport. Parcelforce is the Post Office’s parcels business. The Daily Telegraph 09/03/98 page 26 (The City Checklist).
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Parcelforce plans £100m super-base beside Coventry Airport
Parcelforce, the Post Office’s parcels arm, is to build a £100m distribution super-hub, on a 25,000 sq m (269,107 sq ft) greenfield site beside Coventry Airport.
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Funds in property unit trusts reach record levels
Funds placed in property unit trusts increased have reached record levels according to figures released by the Association of Property Unit Trusts.
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Frogmore and Kingspark secure 330,000 sq ft prelet at Rugby
Joint venture partners Frogmore Estates and Kingspark Developments have exchanged contracts for the preletting of a 30,657 sq m (330,000 sq ft) distribution centre on the 26 ha (65 acre)…
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Telford sees biggest deals for a decade as 40,000 sq ft is let at Telford Plaza
Birmingham-based trust Telpa has let 3,858 sq m (41,526 sq ft) of space at its Telford Plaza development in Telford town centre.
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Manchester’s Belle Vue could become major sports venue again
Manchester City Council has commissioned a study into the revitalisation of the city’s old leisure and entertainment complex at Belle Vue, once the home of speedway and greyhound racing in…
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WH Smith poised to sell book chain for £300m
WH Smith is poised to sell its Waterstone’s book chain for about£300m to a joint venture between EMI and Advent International.
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Bourne End makes £9m purchase in Nuneaton
Bourne End Properties exchanged contracts to buy a 8,453 sq m (91,000sq ft) retail and office centre in Nuneaton, Warwickshire, from BAA.