Northern Ireland
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TBI buys Belfast airport for £72m and plans further regional airport acquisitions
Property group TBI has bought Belfast International Airport for £72m from a three-man team which led a £48m management buyout two years ago.
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Violence in Northern Ireland putting off foreign investors, says Denton
The return of violence to Northern Ireland has prompted potential investors to look elsewhere, the government said yesterday. Baroness Denton, the province’s economy minister, said one leading foreign firm had…
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GRO to raise £750,000 through Ofex floatation
Property investment company specialising in ground rents, GRO Properties, is to raise £750,000 through a floatation on the Ofex market later this month.
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Positive investment climate forecast by Hillier Parker
Hillier Parker recorded just under £1bn of forward funding and joint ventures in the UK property market during the first quarter of 1996.
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Coleraine decision puts brakes on Sainsbury’s expansion plans for NI
Sainsbury’s is studying the outcome of a judicial review which has seen its plans to build a supermarket in Coleraine, Northern Ireland, sent back to the DOE.
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Northern Island: Mackie raises cash for expansion
Northern Ireland textile machinery maker Mackie is to raise £6.68m in a rights issue to help pay for a £22m expansion plan.
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North remains top performing manufacturing region
The manufacturing strength of the north of England – the preferred location for some of the biggest inward investors into Britain – continues to improve, according to government figures published…
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Northern Ireland housing executive berated for being too generous to tenants wishing to buy
Northern Ireland’s housing executive, the government agency handling the public housing policy in the province, is criticised in a new report by the Northern Ireland Economic Council, for being overly…
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WPP hints of acquisition
WPP, the world’s biggest marketing services group, told shareholders it would consider an acquisition as part of its future plans. the company has reduced a net debt of £437m four…
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Shorts gets Texas Instruments contract
Northern Ireland aerospace and defence company Short Brothers has been appointed as a qualified supplier to US company Texas Instruments on a missiles project for the Ministry of Defence.
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GM moves on Saab
Saab is to receive a funds injection of £340m from General Motors of the US and Investor, the main arm of the Wallenberg empire in a refinancing deal.
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Kvaerner issues more writs in alleged espionage case
Kvaerner, the Norwegian engineering group, which owns Trafalgar House, yesterday stepped up its campaign against VAI, which it has accused of industrial espionage at Kvaerner UK subsidiary Davy International, the…