Wales
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TBI buys London and Watford land from Hampton Trust for £19.4m
TBI is paying £19.4m to Hampton Trust for land in London and Watford. The properties comprise most of the south side of Percy Street Estate, in London’s West End, Gresham…
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Heron to build £200m of housing and commercial property in South Wales
Heron International said it planned to build housing and commercial property worth £200m over the next seven years in South Wales.
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Heron launches £200m Welsh development site to compete with Bristol’s Severnside
Heron International has unveiled plans for a £200m industrial and housing development on the Welsh side of the Second Severn Crossing, in direct competition with Bristol’s Severnside.
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Joint venture plans £200m food park for south east Cardiff
A joint venture between Foodparks UK, Hyder and Cardiff County Council is building a food park in the south east of Cardiff.
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DTZ associates form new Cardiff agency
Mark Hirons, Wayne Morgan and Philip Yapp have left the Cardiff office of DTZ Debenham Thorpe to launch a new surveying firm.
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NatWest Markets preferred bidder for housing loan portfolios
The Housing Corporation and Housing for Wales have named NatWest Markets preferred bidder to take over their loans portfolios. The portfolio is valued at nearly £1bn.
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James Ritblat takes £30m High Street stake
Freehold Portfolios, the investment property firm launched by James Ritblat last year, has closed a £30m deal to buy 36 High Street stores from Sears Properties Netherlands.
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Scottish and Welsh opposition to English hotel grading
The English Tourist Board is expected to announce a new hotel grading scheme this week, but the Scottish and Welsh authorities will not be supporting it.
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Proposed sale of offices in Cardiff opens up major development opp
An estimated 13,935 sq m (150,000 sq ft) of 1960’s offices on Greyfriars Road in Cardiff city centre will shortly be put on the market – presenting a major opportunity…
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Sheridan Estates plans 15,328 sq m speculative office scheme in Cardiff
Sheridan Estates, backed by Cardiff Bay Development Corporation, has submitted an outline planning application to Cardiff County Council for a £22m speculative office building near the city centre.
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Parcelforce and St Merryn Meat take on new factories
Parcelforce is to open a £100m distribution centre in Coventry, West Midlands in 1999. It will be the biggest distribution centre in Europe.
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Hague to announce £21m meat plant for Dowlais, South Wales
Welsh secretary William Hague is expected to announce that St Merryn Meat is opening a £21m meat processing plant and abattoir at Dowlais, near Merthyr Tydfil, South Wales.