West Midlands
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Government announces how it will spend £200m Euro cash
The government yesterday announced details of how it will spend £200m of European Union in the West Midlands. Deputy Prime Minister Michael Heseltine said the cash would benefit more than…
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Moorfield buys Birmingham offices for £4m
Moorfield Estates has paid £4 m for a retail and office block at 66-69 New Street, Birmingham, as part of an acquisition strategy funded by last August’s rights issue.
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Prudential sells £12.5m Birmingham Business Park investment
Prudential has sold five buildings on Birmingham Business Park to Legal & General for £12.5 million, reflecting an initial yield of 7.5%.
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DSS £3bn property bonanza
The Government is about to sell the entire DSS estate which will create on the of the country’s largest pro-property companies.
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Urban regeneration under the microscope
The Daily Telegraph takes a look at the trend for turning redundant office space into homes. The Daily Telegraph 30/10/96 page 32.
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EXCLUSIVE Government invites bids for PFI contract for Hereford & Worcester courts
The Lord Chancellor’s Department has announced the first contract in a new £160m PFI scheme to build a series of courthouses across the country.
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Rover plant in balance due to Government refusal to increase grant aid
The future of the proposed £450m engine plant for Rover in the West Midlands is in the balance. The uncertainty over the plant is due to the British Government’s refusal…
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Gerald Ronson embarks on speculative £30m West End office redevelopment
Gerald Ronson is to embark on a £30m speculative office development in London’s West End. Ronson has teamed up with Scottish Amicable to redevelop New South Wales House in the…
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Denso announces £31m Telford plant expansion
Denso Manufacturing announced a £31m investment to fund the expansion of its plant in Telford, Shropshire. It plans to increase its workforce from 700 to more than 1,000 to supply…
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Ex-lands buys 10,776 sq m retail and office development in Hanley, Staffordshire for £3.95m
Ex-Lands Properties is buying a 10,776 sq m (116,000 sq ft) retail and office development in Hanley, Staffordshire from Buxstat for £3.95m.
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British Steel picks Wilson Bowden to develop the Bromford Gate site
Leicester-based developer Wilson Bowden has been chosen to build out British Steel’s Bromford Gate site in Birmingham, beating off competition from St Modwen and Gazeley.
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British Gas sells off shops in Worcester, Chester and Cambridge for £3.5m
SPP Investment Management has paid a private client of Allsop & Co £3.5m for British Gas Energy Centre shops in Worcester, Chester and Cambridge.