Steve Morgan Redrow

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.

Hawarden Aerial Dec18

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.

Parkway Business Centre Deeside

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.

WYLFA NEWYDD 2017

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.

WYLFA NEWYDD 2017

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.

Sapphire7864

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%.