Wales
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Privatised rail freight operator selects Cardiff for Welsh HQ
EWS Rail – the newly privatised rail freight operator – has selected Cardiff as the location for one of its three regional headquarters.
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Welsh Office tightens up on out-of-town retail guidelines
The Welsh Office has issued local authorities in Wales with new planning guidance aimed at discouraging out-of-town superstores. In a Commons written reply, junior Welsh minister Gwilym Jones said revised…
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TBI to take control of Coventry Airport
TBI , the London and Cardiff-based property investment and development company which acquired Cardiff Airport last year, looks set to take a controlling interest in Coventry Airport next month.
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NHP acquires two nursing homes for £3.3m
Nursing Home Properties (NHP) has paid a subsidiary of APTA Healthcare £3.3m for two nursing homes in Wales. NHP acquired the 47 bed St Dunstans Nursing Home, Griffithstown, Gwent, for…
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WDA looks to assemble next phase of 445 acre site at Swansea steelworks
The Welsh Development Agency has started assembling the second and final phase of a 180 ha (445 acre) inward investment site around an old steelworks north west of Swansea.
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Joint venture proposes £30m retail and leisure scheme for Merthyr Tydfil
TBI and Highstar Developments will present proposals to Merthyr Tydfil Council tomorrow (Friday) for a £30m retail and leisure scheme on the site of the former Thorne EMI lightbulb factory…
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APTA leases two nursing homes and buys one other
APTA Healthcare, the nursing home operator, agreed to lease two Welsh nursing homes and bought a home in Suffolk, taking the number of beds it operates to more than 1,000.
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Government announces plans to ease Welsh village store burden
The Government announced plans tonight to cut the business rates burden on small stores and post offices in rural Wales. Welsh Secretary William Hague launched a six-week consultation paper for…
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Koreans to build £1.5bn plant in Wales
The UK’s largest single inward investment is expected to be confirmed this week when Lucky Goldstar, one of the four huge Korean conglomerates, reveals plans to set up a £1.5bn…
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CRH buys Hawtin building products division
CRH, the Ireland-based building materials group, has bought the building products division of Hawtin for £4.8m. The division operates through nine depots in South Wales and the West of England.
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GrandMet sublets Bracknell offices
Grand Metropolitan has sublet the 1,064sq m (11,450sq ft) Regency House, Market Street, Bracknell in Berkshire, to First Softwear UK, a management buyout of Oracle’s local government business.
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Edge and TR joint acquisition
Retail and warehouse development and investment group Edge Properties, and TR Property Investment Trust have bought a retail warehouse in Cardiff from P&O Properties for £5.7m.