Central Park, a new 640-acre warehouse and distribution park at Severnside, has attracted its first pre-let. CHEP UK has signed up for a new pallet distribution facility of 50,000 sq ft on a 15-year lease with annualised rent increases in line with RPI, according to property consultants GVA. Central...
The Crown Estate has sold a third of its Cabot Park site at Avonmouth to AXA Real Estate for £10.5m. The deal was sealed on behalf of Midland property specialist Gallan and Stoford which is developing a major regional distribution centre on the 33-acre site. Gallan and Stoford had...
Flagship Bristol city centre office development The Paragon has been sold for £26.5m in a deal described as the most significant investment transaction in the city of the past 12 months. Bristol Cubex Land developed the 75,373 sq ft building in Victoria Street two years ago backed by London-based...
International experts in construction management will gather at the University of the West of England (UWE) next week for the 27th Annual ARCOM (the Association of Researchers in Construction Management) Conference. ARCOM aims to advance knowledge in all aspects of construction management by supporting education, dissemination and research. The...
Developers Cotswold Homes have won a planning battle to build 10 three-bedroom town houses and two pairs of semi-detached three-bedroom homes on the former Starline coach depot in Clevedon’s Strode Road. CJH Land, based in Flax Bourton, brokered the site’s sale with a view to replacing derelict commercial buildings at the depot with...
A refurbished Avonmouth trading estate has gone from half empty six months ago to almost full with five empty units now let. Just 10 per cent of St Andrews Trading Estate off Third Way now remains vacant, according to Knight Frank, which markets the estate jointly with Jones Lang...
Student accommodation firm Unite has said its annual profits could beat market expectations as it continues to expand in the face of challenges in the higher education sector. The Bristol-based firm, which manages properties for 40,000 students across the UK, is also in exclusive talks to acquire further sites...
Knightstone Housing Association, the West of England housing provider with hundreds of homes in the Bristol area, is in detailed negotiations that could result in it taking over nearly 641 properties in Somerset. Knightstone, based in Worle, Weston-super-Mare and already one of the largest registered social landlords in the...
Engineering contractors MCS has moved into new premises in Yate as part of its continuing expansion following its acquisition of Chipping Sodbury Glass. The relocation to the Alpha Centre in Armstrong Way, Yate, which was arranged by commercial property specialists Colliers International, has enabled both companies to improve efficiency...
Great Western Ambulance NHS Trust (GWAS) has appointed the Bristol office of property advisors GVA to help it modernise its property estate. Chippenham-based GWAS’s 30 sites are spread across Wiltshire, Gloucestershire and the West of England and range from state-of-the-art facilities to buildings nearing the end of their economic...
Bristol’s planned Enterprise Zone should include homes as well as offices and studios if it is to succeed in bringing new jobs to the city, a property expert claims. The 173-acre Enterprise Zone is expected to create 17,000 jobs in 400 businesses over 25 years, with an emphasis on...
Bristol is suffering from a shortage of large distribution buildings following the letting of one of the last major warehouses in the city, according to property experts. Distribution firm JJ Food Service has taken a 35,000 sq ft unit at the Cobden Centre at Emersons Green as part of...
Demand for offices of less than 5,000 sq ft in and around Bristol has increased so far this year, defying both the wider economic gloom and the downturn in the commercial property market. Research by property agents Colliers International’s Bristol office shows smaller businesses taking advantage of high stock...
