Wales
-
Reports of house prices up more than 5% in first quarter
A Royal Institution of Chartered Surveyors’ (RICS) study of more than 250 English and Welsh estate agents found that more than 10% reported house price rises of over 5% in…
-
Minerva confirms Prime PFI role as it posts £8.5m profits
Minerva has posted pre-tax profits of £8.5m for the six months to January in the first set of results since the property company floated last year.
-
James Ritblat buys retail park in Llanelli for £14m from Liberty Properties at 8%
James Ritblat’s Freehold Property Estates has completed a £14m deal to buy Liberty Properties’ Parc Trostre retail park in Llanelli at a yield of 8%.
-
Retailers and developers increasingly cautious about planning appeals
Retailers and developers are becoming more cautious about going to planning appeal on out-of-town sites as more than half of all retail appeals are now turned down under the revised…
-
Exclusive Bhs joins House of Fraser as anchor tenants in Castle Quays, Swansea
Bhs is set to join D H Evans in the 13,935 sq m (150,000 sq ft) first phase of Castle Quays shopping centre in the redevelopment of Swansea city centre.
-
Planners back proposal for redevelopment of West India Quay, London Docklands
London Docklands Development Corporation is set to back plans for a massive redevelopment of former sugar warehouses at West India Quay, E14.
-
Prior to buy Brunel House in Cardiff for around £5.5m
London-based Prior plc has exchanged contracts to buy British Rail’s Brunel House in central Cardiff, south Wales, for about £5.5m. The figure is well over British Rail’s guide price of…
-
Bourne End Properties sells Tesco House, Cardiff, to HPI for £10.8m
Bourne End Properties has sold Tesco House, Cardiff, to Hypo Property Investment (1992) for £10.8m. The 7,873 sq m (84,750 sq ft) building is let to Tesco Stores on a…
-
Facilities Manager Serco poised to take 25,000 sq ft in Cardiff for call centre
Facilities Management company Serco is in negotiations with landlord Pan Maritime for a 2,322 sq m (25,000 sq ft) call centre in Cardiff Bay, south Wales.
-
Warner Village Cinemas set to open Wales’ biggest multiplex
Warner Village Cinemas, a joint venture between Warner Bros and Village Roadshow International, is set to open Wales’ biggest multiplex at Castlemore Securities’ Cleppa Lakes leisure park near Newport.
-
EC clears £247m state aid for LG south Wales inward investment
The European Commission has cleared a state aid package worth £247m to LG Electronics Wales and LG semicon Wales. They are both part of LG of South Korea.
-
Henry Butcher lands instruction to auction Cardiff Arms Park
Henry Butcher has won the instruction to auction the former home of Welsh rugby, Cardiff Arms Park. On April 27 the entire contents of the stadium including seats, score boards,…