Wales
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Woolwich Building Society reports decrease in levels of negative equity
The Woolwich Building Society reports that the number of homes with negative equity has fallen below 500,000 for the first time since 1990.
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EXCLUSIVE Criticism mounts over handling of Lucky Goldstar investment in South Wales
Leading planners are predicting planning bottlenecks as a result of Lucky Goldstar’s decision to invest £1.5bn in an electronics factory on 101ha (250 acres) in Newport, Gwent, South Wales.
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German fund invests in Cibi Walk Shopping Centre in Abergavenny, Gwent
German bank Wurttembergische Hypothekenbank is part funding the acquisition of the freehold interest in Cibi Walk Shopping Centre in Abergavenny, Gwent.
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Edge Properties buys 1.01ha site in Cardiff for £2.8m
Edge Properties is buying a 1.01ha (2.5 acre) site in Cardiff for £2.8m cash from its joint venture partner. The site has detailed planning consent for 3,112 sq m (33,500…
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Tarmac and partner win £70m power station contract
AES Corporation has awarded a £70m contract to build a 230MW gas-fired power station at Barry, South Wales, to TBV power.
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WDA and Neath Port Talbot Council launch £230m regeneration plan
Neath Port Talbot Council and the Welsh Development Agency (WDA) have jointly unveiled £230m regeneration plans for Port Talbot, South Wales.
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Edge Developments pays £2.8m for retail warehouse scheme in Cardiff
Edge Developments has paid £2.8m for a 1.01ha (2.5 acre) site on Newport Road in Cardiff. The site has detailed planning consent for 3,112 sq m (33,500 sq ft) of…
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Stringfellow plans nightclub floatation
Peter Stringfellow is planning a £60m flotation of his nightclub chain to fund the nationwide expansion of his controversial topless dancing show.
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Wilson Bowden signs up two more tenants for Cardiff Bay Retail Park in south Wales
Wilson Bowden Properties has let 2,787 sq m (30,000 sq ft) in two deals at its 25,548 sq m (275,000 sq ft) Cardiff Bay Retail Park in south Wales.
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New £51m Lottery bid for Wales Millennium Centre
The ill-fated Cardiff Bay opera house project has been resurrected following a £51m bid for National Lottery funding. It will be re-named the Wales Millennium Centre.
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GUD commits £15m to retail warehouse schemes in Wrexham and Truro
GUD Pension Trust has committed £15m to the development, in partnership with Audley Developments, of retail warehousing in Wrexham, Clwyd, and Truro, Cornwall.
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Legal & General plans new call centre in Cardiff
Legal & General, the life assurer is pushing into telephone sales with the opening of a new telephone centre in Cardiff, Wales.