Sports Direct acquires House of Fraser for £90m
Mike Ashley’s retail group has picked up the stricken department store business just hours after it was put into administration, in a deal that sees it take over the group’s full estate of 59 stores.
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Big shed specialist reports healthy first half
Tritax Big Box REIT has reported first-half operating profit as up by 34% to £56.4m, as the niche investor declared itself well placed for further acquisitions.
House of Fraser pulls out of Northgate amid store closures
House of Fraser has withdrawn as an anchor tenant of Chester's £300m Northgate scheme while the retailer’s shops in Altrincham, Birkenhead and Carlisle are to close in seven months’ time as part of a company voluntary arrangement.
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.
Three North West authorities to benefit from planning fund
The £15.8m first wave of the Planning Delivery Fund has allocated money to the Greater Manchester Combined Authority, Liverpool City Region and Eden Council.
Rail division to move as Stobart gears up at Carlisle Airport
Stobart Rail & Civils is to move its head office to Carlisle Lake District Airport, the infrastructure business has announced.
Barrow industrial attracts investors
CBRE's industrial agency team has completed the sale of two industrial parks in Barrow-in-Furness, Cumbria amounting to more than 133,000 sq ft.
Sellafield goes to market for construction partners
Sellafield, the organisation responsible for decommissioning the former Windscale and Calder Hall nuclear sites in Cumbria, is to hold a bidders day on 28 April as it seeks to appoint four construction partners to deliver key projects over the next 20 years.
Britain’s Energy Coast adds to senior team
Britain’s Energy Coast in west Cumbria has appointed two new members of its leadership team, head of property and development Rob Miller, and head of estates Bill Graham.
Pugh’s February catalogue published
A tenanted 14,500 sq ft Victorian office building in city centre Manchester, a Lancashire hotel with planning consent for new homes and a Cumbrian care home are among over 150 lots up for sale in Pugh’s next Manchester property auction, which is expected to generate in excess of £15m.
