Wales
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Ashtenne Welsh Properties sells industrial freehold in Ebbw Vale for £3.7m
Ashtenne Welsh Properties has sold the freehold of two adjoining units at the Rassau Industrial Estate, Ebbw Vale for £3.7m. Yuasa Battery UK, the occupier, bought the freehold of the…
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Prospects for Wales Millennium Centre look bleak
The £86m Wales Millennium Centre looks like it will never getbuilt, reports The Guardian, because local businesses do not appear to be interested in supporting the venture.
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Ashtenne makes first acquisition after going public
Ashtenne has bought two industrial estates in Wales for £9m, reflecting an initial yield of 11%, in its first acquisition since going public at the start of the month.
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Sovereign gets green-light for £20m Cardiff Bay retail and leisure scheme
Sovereign Land has got the go-ahead for Mermaid Quay, its £20m retail and leisure scheme at Cardiff Bay. The developer secured planning permission for its 7,432 sq m (80,000 sq…
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Exclusive Eversheds tipped to take 90,000 sq ft prelet at Cardiff Bay
Eversheds is tipped to take a pre-let on up to 8,361 sq m (90,000 sq ft) at Cardiff Bay for a new headquarters.
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Agents give cautious welcome to Welsh Assembly plans
Local agents have broadly welcomed Government plans to strengthen the Welsh Development Agency. But privately they are concerned that making the quango accountable to a proposed new Assembly could slow…
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Japanese firm to move to South Wales
Electronics firm Yajima Kogyo is building its first European development in Ebbw Vale, South Wales. It is investing £6m in the 4,645 sq m (50,000 sq ft) plant.
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WDA survives proposals for new Welsh Assembly
The WDA will have an enhanced role under new plans outlined in the Government’s White Paper on a Welsh Assembly published yesterday.
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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…
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White Paper advocates improvement of north-south road link and airport expansion
White Paper on Welsh devolution advocates more work toimprove a north-south road link and a review of potential for expansion at Cardiff Airport.
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First purpose-built supplier park gets first tenant
Mollart Automotive is the first business to relocate to Britain’s firstpurpose-built supplier park. The £2.2m park in Neath is a jointventure between the Welsh Development Agency Neath, Port Talbot localauthority…
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King & Co lead surveyors on PFI hospital scheme
King Sturge is set to become the first UK chartered surveying firm to run a PFI hospital project. The firm’s financial arm King & Co and joint venture partners Kaeverner…