Wales
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Cardiff Bay regeneration project wins £55m European Investment Bank loan
The Cardiff Bay renegeration project has won a £55m European Investment Bank loan towards the £2.25bn project. The money will go towards a glass component factory.
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£21m meat plant and £45m aircraft wing machining centre for Wales
Welsh secretary William Hague is expected to announce tomorrow that St Merryn Meat will open a £21m meat processing plant and abattoir near Merthyr Tydfil, South Wales.
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Delta to close north London wire mill
Delta is to close its wire mill in north London and reorganise operations in Llanelli, south Wales and Derby, in the Midlands.
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Eagle Property Fund acquires Cardiff retail warehouse for £2.6m
Eagle Property Fund has bought a retail warehouse on Newport Road in Cardiff from Halifax Building Society for £2.6m. The deal represents a yield of 8%.
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AT Mays links with ARTAC WorldChoice to form UK’s largest travel agency
AT Mays has linked with ARTAC WorldChoice. The deal doubles A Mays’ distribution network. The partnership crates the UK’s largest travel agency with 1,000 outlets.
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Edge sells Cardiff retail warehouse for £6.8m
Quoted retail warehouse specialist Edge Properties has forward sold a 3,112 sq m (33,500 sq ft) development in Cardiff to Save & Prosper for £6.8m.
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Edge Properties forward sells Cardiff development to S&P for £6.8m
Edge Properties has forward sold its substantially pre-let 3,112 sq m (33,500 sq ft) development at 499 Newport Road, Cardiff, to Save & Prosper for £6.8m.
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Forest rejects Anderson £13m bid as Burford boss enters fray
Nottingham Forest football club sareholders have rejected a £13m bid from the Sandy Anderson Consortium. Competitor bids have come from Grant Bovey, chief executive of Watershed Pictures, with £20m bid…
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Happy Hotels to buy Klanclyde
Happy Hotels Corporation is buying Klanclyde which has two hotel development sites in South Wales for £ and £500,000 for the 26-room Bridge Hotel in Kettering.
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Virgin unveils plans for Newport cinema
Virgin is building a 4,645 sq m (50,000 sq ft) cinema at Johnsey Estates’ Newport Retail Park to the east of the town.
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Grantchester clinches first deal since flotation
Grantchester has paid P&O Group subsidiary CCL £6.7m for Withybush Retail Park in Haverfordwest, Dyfed, in the first deal since the company floated last month.
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Lisburne Holdings sell Cardiff office for £2.5m
Lisburne Holdings has sold Archway House, at Llanishen, Cardiff, to clients of Norwich Union for £2.5m, reflecting a net initial yield of 7.97 %.