Wales
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IP spends latest tranche of £120m investment fund
The Industrial Partnership has put a further £21m from its £120m investment fund into six warehouse parks in the South East, the Midlands and South Wales.
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BAA McArthur Glen plans factory outlet/multiplex in Bridgend, south Wales
BAA McArthur/Glen (BMG) has submitted a detailed planning application for a £35m factory outlet centre and multiplex at Bridgend, South Wales.
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Swansea City F.C. could be sold for £15m to fund property development
Silver Shield is planning a £40m property redevelopment in Swansea, South Wales which could see the city’s football club sold off for around £15m.
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Eurotunnel gets the go-ahead to resume freight services
Eurotunnel has been given permission to handle freight again. Le Shuttle freight service will start on June 15, subject to certain safety checks being completed.
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Tomkins opens £30m factory in Wales
Tomkins is to create 500 jobs in Newport, Gwent. The jobs will follow the company’s opening of a £30m factory there.
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Gwent Levels Public Inquiry backs CPO of farmers’ land near Cardiff Bay
The Gwent Levels Public Inquiry has backed the Land Authority of Wales plan to CPO hundreds of acres of farmers’ land to create a bird reserve to replace similar land…
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£20m cancer centre, for Rhyl, Wales
Plans are going ahead in Clwyd, Wales, for a £20m cancer centre at Glan Clwyd hospital, Rhyl. The Guardian 15/05/97 page 14.
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Edge Properties sells 61,000 sq ft Cardiff retail warehouse
Edge Properties has sold a 5,667 sq m (61,000 sq ft) retail warehouse property at Newport Road Cardiff, for £8.1m. This reflects an initial yield of 6.3%.
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Regus negotiating to pre-let offices at Cardiff Gate business park
Regus, the serviced-office centre operator, is in negotiations to take a pre-let on a 1,858 sq m (20,000 sq ft) building at Cardiff Gate business park in Pentwyn, South Wales.
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Queen’s Speech to announce far-reaching legislative changes
The Queen’s Speech tomorrow is expected to include proposals to establish a parliament for Scotland and a lesser assembly for Wales.
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Exclusive: Cardiff lawyer looks to consolidate operations in up to 100,000 sq ft
Legal firm Eversheds is believed to be considering the consolidation of its operations in one building of up to 9,290 sq m (100,000 sq ft) in central Cardiff.
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Consortium plans 50,000 sq ft speculative offices at Cardiff Gate
The consortium behind the 36.4ha (90 acre) Cardiff Gate development, off junction 30 of the M4, has submitted a detailed planning application for a 4,645 sq m (50,000 sq ft)…