Warehouse REIT, which was admitted to the AIM sub-market of the London Stock Exchange on 20 September, has acquired four multi-let Hansteen estates, understood to include Nexus Industrial Estate in Knowsley, Pikelaw Place in Skelmersdale and a holding at Radway Green, Crewe.
Commenting on the purchase, Gary Roberts, managing director of Praxis, defended the future of physical stores in the face of the rise of e-commerce, and described the current state of the retail industry as “Darwinism in action”.
The Lancashire property company has acquired Clifton Trade Park in Blackpool for an undisclosed sum.
Lancashire County Council's development control committee has granted consent for the £17.5m scheme, which will link the A59 Liverpool Road to the A582 at Brown Hare Roundabout, reducing congestion in the centre of Penwortham.
Ged Fitzgerald, chief executive of Liverpool City Council, has been suspended following a meeting of the local authority's appointments and disciplinary panel.
The law firm has made four appointments to its Liverpool-based construction and engineering team, with all four joining from Systech Solicitors, the legal affairs arm of the eponymous property services group.
Chorley Council is searching for a contractor to build a £7.1m digital office park to the North West of the Lancashire town, delivering 51,000 sq ft of space for start-ups and SMEs.
The University of Central Lancashire’s £200m regeneration has taken another step forward, with the submission of a planning application for its Student Centre and Civic Square project.
Lancashire County Council is in the market for a contractor to refurbish the Greyhound Bridge in Lancaster in a project estimated at £4m.
Balfour Beatty has sold the controlling interest in the airport to Blackpool Council, returning it to public ownership after 13 years.
