Wales
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European Union grants extra £22.56m for urban renewal in the UK.
The European Union has allocated £22.56m (29.3m ECU) from its URBAN structural fund programme for the regeneration of inner city areas in London, Birmingham and Swansea.
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Exclusive: Trinity close to preletting 70% of Wrexham retail development
Trinity Investments is on target to secure prelets on close to 70% of its £15m retail warehouse scheme in Wrexham. The developer has already signed up Argos, JJB Sports and…
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Industrial life returns to the Wales
Industrial life is returning to Wales. During the last financial year Wales has attracted £910m worth of capital investment. And during the first six months of this financial year it…
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Village pubs could also qualify for rate relief, Gummer tells Commons
Environment Secretary John Gummer is considering widening the 50% rate relief proposals in the Local Government and Rating Bill to include village pubs as well as rural shops.
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Government to back town centre improvement project
Environment secretary John Gummer is backing a £200,000 project to study setting up and funding US-style town centre Improvement Zones in the UK.
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Discovery Properties nets Aldi for Newport scheme
Aldi is kick-starting Discovery Properties’ retail warehouse development in Newport, Gwent, by taking a pre-let on a 1,282 sq m (13,800 sq ft) store.
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Capital and Regional pays £9.2m for Wrexham parcel
Capital and Regional Properties has acquired part of WrexhamIndustrial Estate for £9.2m from the Welsh Development Agency. The acquisition comprises 91 units, providing 48,122 sq m (518,000 sq ft), of…
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Japanese manufacturer picks Wrexham for first international factory.
Japanese manufacturer Toyo Seals is making its first investment outside its own country with a £4.2m project to set up a new factory in Wrexham, north Wales.
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Quintain Estates buys Cardiff retail units for £5.5m
Quintain Estates & Development has bought the leasehold of twolarge retail units in Dominions House, Queen Street, Cardiff fromStorehouse Pension Schemes for £5.5m cash.
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Government gives £25m to secure Newport’s Lucky Goldstar plant
The government has announced a £25m grant for the Welsh Development Agency, to secure Britain’s biggest ever inward investment, the new Lucky Goldstar factory in Newport.
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Quintain’s purchase of leasehold interest ensures control of Dominions House, Cardiff
Quintain Estates has paid Storehouse Pension Schemes £5.5m for the head leasehold interest in two large retail units in Dominions House, Queen Street, Cardiff.
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DSS £3bn property bonanza
The Government is about to sell the entire DSS estate which will create on the of the country’s largest pro-property companies.