Redrow on a high as Morgan bows out
North Wales housebuilder Redrow has reported pre-tax profit of £185m and turnover up 9% to £970m in its interim results, the last to be overseen by departing chairman Steve Morgan.
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Decision to shelve Wylfa nuclear build confirmed
Japanese industrial giant Hitachi has confirmed that it is halting work at the £20bn Wylfa Newydd nuclear power station project on Anglesey.
Warehouse consent seals Staycold move
Pochin’s has received planning approval from Flintshire County Council to build a 33,500 sq ft unit at Hawarden Business Park, to house commercial refrigeration supplier Staycold.
Deeside asset sold in £31.4m portfolio deal
Regional REIT, which is asset-managed by London & Scottish Investments, has exchanged and completed on contracts to buy eight assets for £31.4m, including the Parkway Business Centre in Deeside.
Clark offers backing for £20bn Wylfa Newydd
Business and energy secretary Greg Clark has this morning confirmed that the UK Government is to enter a period of negotiations with Hitachi over Wylfa Newydd, the proposed £20bn nuclear power plant on Anglesey.
Hitachi to continue Wylfa discussions
The Japanese industrial giant is still in the frame to build a £20bn nuclear power plant at Wylfa on Anglesey after an extraordinary board meeting yesterday resolved to seek an agreement with the UK Government on the project.
Industry calls for east-west rail delivery alongside HS2
The Northern Powerhouse Partnership has called on Government to deliver Northern Powerhouse Rail by 2032/33, providing high-speed links between regional cities at the same time as HS2 reaches the north.
Quorum sells warehouse portfolio for £18m
Wilmslow property company Quorum Estates has sold its industrial portfolio to sector specialist investor Warehouse REIT for £18.25m, reflecting a net initial yield of 7%.
Watkin Jones targets 1,500 build-to-rent apartments by 2022
The Bangor-based contractor and developer is planning to build 1,500 private rented apartments between 2018 and 2022, with the company on track to hit its financial targets in its upcoming full-year results.
Watkin Jones shares trading at double launch price
Shares in the Bangor-based student accommodation developer are changing hands at more than twice their debut price 18 months ago.
