Northern Ireland
-
USS acquires Forestside retail centre, south Belfast, for around £50m
The Universities Superannuation Scheme (USS) has acquired the 27,870 sq m (300,000 sq ft) Forestside covered shopping centre at Newtonbreda, South Belfast, from Sainsbury’s.
-
UK becomes a magnet for foreign firms
The UK has become a magnet for foreign firms, reports The Times in a special supplement on relocation. The supplement looks at relocation in each of the main regions of…
-
IRL-UK looks to invest £11m
IRL-UK, the property investment vehicle managed by Hillier Parker and Dublin-based Hamilton Osborne King, is looking to invest around £11m. The fund is seeking buildings worth between £3m and £7m,…
-
West Tower Developments pays £5.5m for Elan Point
West Tower Developments, a private investment vehicle, has paid a rumoured £5.5m for the 10,590 sq m (114,000 sq ft) office building, Elan Point, within the City Reach development in…
-
BT invests £9m in Belfast telesales centre
BT is investing £9m in a Northern Ireland telephone-based sales office. The Industrial Development Board (IDB) – which has a £30m property portfolio – is putting £4.5m of grant aid…
-
Consumer spending mirrors 1980s boom
Consumer spending is rising at its fastest quarterly rate since the peak ofthe 1980s boom while manufacturing output fell last quarter, according toofficial figures that confirmed the picture of a…
-
Government to emphasise public transport
The government has unveiled a transport policy which is emphasisingpublic transport at the expense of the car. John Prescott, the deputy Prime Minister, has announced a range ofpossible measures to…
-
Haslemere puts London offices on market
Haslemere continues to prune its central London office disposals by bringing two more properties to the market. In the City, 1,390 sq m (15,000 sq ft) Eden House, 23-25 Wilson…
-
Ulster Bank appoints developer to build new Belfast HQ
Natwest subsidiary Ulster Bank has unveiled plans for a £30m headquarters in central Belfast, which will be built by local developer McAleer & Rushe.
-
Property industry gives cautious welcome to PFI changes
The property industry has broadly welcomed the proposed changes, while still expressing some doubts over whether they will achieve what the government intends.
-
Safeway in joint venture on new stores in Northern Ireland
Safeway has stepped into the Northern Ireland market in a joint venture which will see the company spending £150m on store development.
-
BAA’s retail income jumps 9%
Airports operator BAA today said it was optimistic it would get thego-aheadto build the proposed Terminal 5 at Heathrow as income from its retail sector climbed.