West Midlands
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Floatation could raise Aston Villa valuation to £100m
Aston Villa’s proposed floatation could see the Premier football club’s valuation soar to £100m. Chairman Doug Ellis will use a portion of the funds towards redeveloping the ground.
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State funding secured for road scheme near Merry Hill, West Midlands
Prospects for Chelsfield brightened when state funding was secured for a road scheme near its proposed £,100m Merry Hill regional shopping centre extension at Dudley, West Midlands.
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Warwick University warns of construction industry skills dearth
A report from Warwick University Review of the Economy and Employment says construction is facing severe skills shortages. The problem is particularly serious in the south east as output recovers.
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Construction recruitment difficulties grip Birmingham, West Midlands
Birmingham’s construction industry is experiencing its worst recruitment problems in more than six years, according to the chamber of commerce. The difficulties are threatening to restrict growth.
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Industrial Partnership pays £4m for industrial estate in Atherstone, Warwickshire
The Industrial Partnership has bought the Carlyon Road Industrial Estate in Atherstone, Warwickshire, for just over £4m, in a deal which reflects a 14% yield.
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Boots buys into £30m Coventry retail development
Boots Properties has taken a stake in Central Six, the £30m fashion park planned for a site off Warwick Road in Coventry.
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Rover and Jaguar plan expansion in Birmingham
In Birmingham, Rover is planning a new Mini production line and an engine manufacturing plant while Jaguar is spending £400m on a new factory for its new X200 saloon in…
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Unison and Lee Crowder deals take up 32,000 sq ft in Birmingham
Public service union Unison has bought Blenheim House, a vacant office block in Birmingham city centre, from Winslade Developments for just over £2m.
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Wyko to open 3,716 sq m (40,000 sq ft) central distribution warehouse
Wyko Group will open a new 3,716 sq m (40,000 sq ft) central distribution warehouse in March costing £3.5m. The Black Country-based group is planning a series of “in-fill” purchases…
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Stakis tipped to buy Puckrup Hall, Tewkesbury, for £7.8m
Stakis is thought to be about to spend £7.8m on Puckrup Hall, an 84-bedroom hotel and golf club in Tewkesbury, Hereford & Worcester.
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Parcelforce and St Merryn Meat take on new factories
Parcelforce is to open a £100m distribution centre in Coventry, West Midlands in 1999. It will be the biggest distribution centre in Europe.
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TBI signs up Parcelforce for Coventry Airport
Acquisitive investment and development company TBI is buying Coventry Airport and has signed up Parcelforce for a £100m distribution ‘superhub’, the biggest scheme of its kind in Europe.