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%.
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Eastwood joins Legat Owen
The Cheshire consultancy has appointed ex-Lambert Smith Hampton man Mark Eastwood to head its valuation team.
Double disposal for Catalent in Deeside
Biotech firm ADC has leased a 70,000 sq ft building, while ready meal company KK Fine Foods has bought a 57,500 sq ft unit for £2.9m at Deeside Industrial Estate.
Morgan to step back as Redrow reports another record year
Chairman Steve Morgan is to move to a non-executive role at the North Wales housebuilder, which has reported record figures for the fourth consecutive year, with pre-tax profits climbing 26% to £315m in the year to 30 June 2017.
MCR sells Bangor office scheme
Legat Owen has sold the Ash Court office building on Parc Menai Business Park in North Wales on behalf of MCR Property Group.
Safety firm takes space in North Wales
Agent Legat Owen has announced a new tenant at New Vision Business Park at St. Asaph, North Wales, where it represents landlord Pure Residential & Commercial.
Consultation open on North Wales adventure hotel
Architect Ellis Williams has submitted a pre-planning application for an adventure-themed hotel on behalf of outdoor activity operator Zip World.
Conygar agrees debt facility with HSBC
Conygar Investment Company, active on projects across North Wales, has agreed a new five-year £21.4m loan with HSBC, secured on seven group properties.
Caulmert adds to senior team
Chris Davies has joined engineering, environmental and planning consultancy Caulmert from Capita as director of project management.
Company fined after worker’s foot severed in concrete pump
A St Helens concrete pumping company has been fined £8,000 after the safety latch broke in the hopper of a concrete pump, trapping and partially amputating a worker's foot in the paddles.
