Northern Ireland
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St Modwen sells four hotels for £16.4m
Key Property Investments, the joint venture between St Modwen and Kuwaiti-based Salhia Real Estate, has sold four hotels for £16.4m to Rotch Property Group at a 6.75% yield.
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Ewart chairman sells out to Dunloe
Dunloe House won control of Ewart, courtesy of the chairman of thetarget company. Brian O’Connor sold his 16% stake in Ewart to giveDunloe 51.2% of the company.
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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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Ewart board split over rival bid offers
The chairman of Belfast property group Ewart split with his boardmembers over which of two bid offers for the company it should accept.
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Harry Ramsden plans expansion into Scotland and Northern Ireland
Harry Ramsden’s fish and chip empire is getting ready to open up inGlasgow and Belfast. The company is also planning a nationwide chain oftakeaways and retail park diners.
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Green Property rules itself out of bid battle for Ewart
Anglo-Irish group Green Property has ruled itself out of the frantic bid battle raging between Dublin-based Dunloe House and its target, Belfast-based Ewart.
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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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Row at Ewart over Dunloe offer
The chairman of Belfast property company Ewart is locked in a rowwith fellow board directors over his decision to accept the lower of tworival bids for the business.
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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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Bangor Flagship Centre put on the market at £15m
Bangor Flagship Developments has put its 13,935 sq m (150,000 sq ft) Flagship Centre in Bangor town centre, County Down on the market at £15m.
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Ewart confirms Town Centre Securities bid for company
Ewart has confirmed Town Centre Securities (TCS) has made a bid for the company following the hostile bid from Dublin-based Dunloe House.
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Dealers uncertain after mixed Far East performance
Dealers were on the edge today after a mixed performance in the Far East tookthe shine off New York’s strong overnight performance.