The Bangor-based build-to-rent and student accommodation developer said while earnings for the first half of its financial year would be in line with expectations, dividend payments and pay rises were cancelled.
This year will see fresh services launched including a development map to complement news stories and branded content production for partners.
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.
Japanese industrial giant Hitachi has confirmed that it is halting work at the £20bn Wylfa Newydd nuclear power station project on Anglesey.
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.
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.
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.
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.
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.
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%.
