Northern Ireland
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Ewart announces 33% rise in profits despite hostile bid
Ewart, Northern Ireland’s only quoted property company, has announced a 33% jump in pre-tax profits to £1.093m for the six months up to December last year.
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Ewart prepares to repell Dunloe House
Directors of the Ewart property company are preparing to release the defence to a £21m takeover attempt by Dunloe House of Dublin.
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Swiss merger expected to lead to property shake-out
The proposed merger of United Bank of Switzerland and Swiss Bank Corporation could lead to huge chunks of office space coming to the market as well as a new requirement…
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Speculation grows over property fall-out from Swiss bank merger
Speculation about the effects of the proposed merger of Union Bank of Switzerland and Swiss Bank Corporation continues as both firms refuse to give details on where the new firm’s…
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PACE plans new Central London joint venture
Property Advisors to the Civil Estate (PACE) is set to become the first government agency to take advantage of last week’s relaxation of Treasury restrictions on Departments entering into joint…
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Bourne End sells office portfolio worth £28.225m to Leo Noe
Bourne End Properties has agreed terms for the sale of £28.225m of properties to two companies connected with its former director, Leo Noe’s family trusts.
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Treasury criticised over sale of Belfast airport
The government could have raised £15m more from the sale of BelfastInternational Airport, according to the Northern Ireland Audit Office. It criticises the Treasury for advising the Department of theEnvironment…
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FT looks at regional developments
The Financial Times takes a look at the regional developments inits regular Reporting Britain survey. The lead article looks at the controversy surrounding the plans of theMillennium Commission as the…
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TBI develops 1.6m sq ft of land in Belfast
TBI has applied for planning permission for the £100m development of more than 148,640 sq m (1.6m sq ft) of land within Belfast International Airport.
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TBI submits plans for 1.6m sq ft mixed-use scheme at Belfast International Airport
Property and airports group TBI has submitted a planning application for over 148,640 sq m (1.6m sq ft) of retail, industrial and office development at Belfast International Airport.
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Stockbourne ties up £44m investment partnership with Cargill group(07:30 GMT)
Quoted company Stockbourne has formed a joint venture with financial markets group Cargill to purchase and trade a £44m retail portfolio.
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FT analyses the Northern Ireland property market
The Financial Times looks at the property market in Northern Ireland in the aftermath of the IRA ceasefire. Financial Times 07/11/97 page 30 (The Property Market).