West Midlands
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Worcester shop investment fetches nearly £2m
Hill Samuel Property Unit Trust has paid £1.87m for a retail investment at 65 High Street, Worcester. The deal reflects a 6.25% initial yield.
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Government to transfer £2.5bn of social care provision to private sector
The government yesterday announced plans to privatise local authorities’ residential and domiciliary care for adults. This would eventually shift £2.5bn a year of council run services to private and voluntary…
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Anthony Collins expands into 20,000 sq ft in Birmingham city centre
Birmingham-based solicitors Anthony Collins is expanding into 1,986 sq m (21,380 sq ft) offices on Waterloo Street. The legal firm has taken 1,986 sq m (21,380 sq ft) and 185…
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Argent rewards employees for completion of BT’s central Birmingham HQ
Staff at Argent were treated to a two-day trip to Dublin to celebrate the completion of BT’s new headquarters in Brindleyplace, Birmingham.
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Virgin takes over West Coast rail route
Virgin Group has become the new owner of the West Coast main line route from London to Birmingham, Manchester, Liverpool and Glasgow.
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Mucklow sells part of Wednesbury Trading Estate to CMIG for £9.5m
A&J Mucklow is selling part of the Wednesbury Trading Estate, West Midlands, to Clerical Medical Investment Group for £9.5m. Rental income was £1.06m a year from March 1 1997 and…
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WAGN wants to cut commuter train services
West Anglia & Great Northern Railway (WAGN) has announced plans to cut peak time commuter trains by a third. WAGN runs services in Hertfordshire, Cambridgeshire, Bedfordshire and Essex.
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Birmingham council puts Richardson Barberry’s plans for eye hospital back on track
Proposals to convert a former eye hospital in Birmingham for use as offices are back on track after council planners reversed an earlier decision in favour of residential refurbishment.
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Hammerson signs up Debenhams at Bull Ring, Birmingham
Hammerson signed the first tenant for its Bull Ring development, in central Birmingham. The retailer is signing up for 19,974 sq m (215,000 sq ft) to Debenhams on a rumoured…
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Hammerson confirms Debenhams deal at Birmingham’s Bull Ring
Debenhams is set to open a huge department store at Hammerson’s £300m redevelopment of Birmingham’s Bull Ring shopping centre, as tipped exclusively in EGi News on March 4.
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Debenhams to announce £300m investment in Birmingham’s Bull Ring
Debenhams will today announce a £300m investment in Birmingham’s Bull Ring redevelopment in the West Midlands. Developer Hammerson is looking for tenants for three more large department stores on the…
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A&J Mucklow posts £5.8m pre-tax profit
Property investor and developer A&J Mucklow has posted pre-tax profits of £5.85m in the six months to December, against £5.05m last time.