Midas Developments is to speculatively build a 60,000 sq ft (5,574 sq m) industrial unit at its Cardrew Industrial Estate near Redruth, Cornwall.
Direct property in France turned in an outstanding performance in 1999, as total property returns rose to 13.9% compared to 5.5% in 1998.
The government will work with Ford to set up a new industrial park in Dagenham following the motor manufacturer’s decision to end car production at the east London plant.