The transformation of a former Sunderland clothing factory is continuing to turn the site into a new gateway into the city. Textile manufacturer Dewhirst had a strong presence in the region dating back to the 19th Century, employing hundreds of seamstresses in 12 factories across the UK, including Peterlee in …
Read More »Dust suppression efforts to be enhanced at Staney Hill amid residents’ concern
HJALTLAND Housing Association says dust suppression efforts at the Staney Hill development in Lerwick will be “stepped up” after concerns from local residents. A meeting of Lerwick Community Council heard from member Robert Leask on Monday night that some residents are “not very happy” about an issue with fine dust …
Read More »Drax strikes up PFA joint venture
Image of Drax, DS Pugh/Creative Commons Drax Power has agreed a 20-year joint venture agreement with Power Minerals Limited (PML) for the development of a facility to process pulverised fuel ash (PFA) into a supplementary cementitious material (SCM). The new facility is expected to begin operations by the end of …
Read More »Maidstone sorting office redevelopment approved
The old sorting office site in Maidstone town centre is being redeveloped for housing Maidstone Borough Council planning committee has approved plans for five blocks of flats, ranging from three to nine storeys next to Maidstone East railway station. The former Royal Mail sorting office on Sandling Road was bought …
Read More »Glencar starts £17m Basingstoke warehouse
A ground-breaking ceremony was attended by executives from Glencar, GLP, specialist investor Bridges and property company Wrenbridge Glencar is demolishing an old office building that was previously owned by pharmaceutical company Eli Lilly, while also undertaking site clearance and enabling works. Steelwork is expected to begin by the end of …
Read More »Transport and logistics business Warren takes more than 500,000 sq ft of space at DIRFT
Transport and logistics business Warren has taken more than 500,000 sq ft of space at the Daventry International Rail Freight Terminal (DIRFT). The subsidiary of Culina Group has taken two units at the vast Northamptonshire distribution hub, built by logistics real estate giant Prologis. Warren joins Stobart in expanding Culina …
Read More »FTSE 100 Index Promotes Centrica, Unite in Latest Shuffle
By Joe Hoppe ITV PLC and Royal Mail PLC are set to drop out of the FTSE 100 index in the quarterly reshuffle and Centrica PLC, which owns British Gas, and Unite Group PLC, the student accommodation provider, are set to be promoted from the midcap FTSE 250 to London’s …
Read More »Big student scheme planned for ex-Royal Mail site sold
Godwin Developments has sold a planned 783 bed student scheme set to be built on a former Royal Mail site in Nottingham. London-based Bricks Group has bought the Bendigo Buildings scheme in central Nottingham, which has planning permission for a mix of studio apartments, four, five and six-bedroom clusters and …
Read More »FTSE 100 movers: Home construction, Financial stocks pace gains
Home construction stocks were pacing gains on the stock market at the end of the week, benefitting from the tail-wind of the Bank of England’s policy meeting the day before, which saw rate-setters temper their outlook for interest rates. Berkeley Group Holdings, Barratt Developments and Taylor Wimpey were all near …
Read More »Royal Mail, Persimmon buck otherwise weak FTSE 100
The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
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