MEPC leads bidding for Warrington site

Article Abstract:

It is believed that MEPC has made a bid of more than 20 million pounds sterling to secure the 72 acre business park in Risley, Warrington, England, which is being disposed of by the Atomic Energy Authority. The site has 41,805 sq mt of existing space, which is let to companies including Bechtel and NNC. Rental income is 1.75 million pounds sterling a year. It also has 30 acres of undeveloped land. There is outline planning permission for B1, B2 and B8 uses over the entire site.

Commercial and Institutional Building Construction, Office Buildings, Manufacturing and Industrial Building Construction, Industrial Buildings, Industrial buildings and warehouses, Nonresidential construction, not elsewhere classified, Management, Investments, MEPC PLC, Buildings and facilities, Office construction, Industrial construction, Business parks, Warrington, England

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Property argues its case

Article Abstract:

The forthcoming UK Budget on November 28, 1995, is not expected to have any direct effect on the commercial property market. However, there are a number of suggestions as to what the industry would like to see. The property industry would like measures that would increase business confidence, leading to demand for more space. It is also hoped that there will not be a reduction in infrastructure spending as new construction orders are at their lowest since 1992.

Land Subdivision and Land Development, Real Estate Agents, Brokers, Managers, Real Estate, Subdividers & Developers, Real estate agents and managers, Subdividers and Developers, United Kingdom, Economic policy, Real estate agents, Real estate management, Political aspects

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