Aviva buys in Preston

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%.

New hire at Robert Pinkus

Preston-based Robert Pinkus Management Services has recruited Shaun McAdam from Deckers Hospitality Group in Rochdale as property manager.

Preston VAT avoiders banned

Brothers Asif Ibrahim Bux and Firoz Ibrahim Bux, directors of property development firm Goldace Estates Ltd, have been disqualified for eight years each for failure to pay VAT worth around £1.3m to HM Revenue & Customs.

Report reveals scope for retail growth in Preston

Simon Donohue

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.

Cresta boss disqualified

David Topping has been disqualified from acting as a director for eight years for failing to keep adequate accounting records for Cresta Furniture, following a hearing at Preston County Court on 7 February 2013.

City deal confirmed for Preston

Preston was named among the latest round of 20 city deal recipients around the country, announced by deputy prime minister Nick Clegg on Tuesday.