Pure Gym is due to open its 90th outlet in Preston's North Road Retail Park after agreeing a lease on a 15,000 sq ft unit with landlord Worthington Properties, part of the Marcus Worthington Group.
Aviva Investors has acquired the ThyssenKrupp Aerospace distribution unit in the Walton Summit Industrial Estate in Preston for £7.29m, reflecting a net initial yield of 7.65%.
Ownership of Preston's controversial bus station is to pass to Lancashire County Council, paving the way for £8.3m in improvements to the grade 2-listed structure.
Brothers Asif Ibrahim Bux and Firoz Ibrahim Bux, directors of property development firm Goldace Estates Ltd, have been disqualified for 16 years in total for failure to pay VAT worth around £1.3m to HM Revenue & Customs.
A Deloitte study on behalf of Preston City Council suggests the city centre should still expand its shopping and leisure offer over the next 15 years despite ongoing economic difficulties.