Property

The Mall at Cribbs Causeway co-owner collapses into administration with £4.5bn debt burden

June 26, 2020
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The Mall at Cribbs Causeway co-owner collapses into administration with £4.5bn debt burden

A minority stake in Bristol’s largest shopping centre, the Mall at Cribbs Causeway, is set to be out up for sale after its troubled co-owner Intu called in administrators this afternoon. Intu, which also owns some of the UK’s largest retail schemes, including Lakeside in Essex and the Trafford...

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Temple Bright advises on showpiece London healthcare construction project OneWelbeck

June 26, 2020
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Temple Bright advises on showpiece London healthcare construction project OneWelbeck

Bristol and London law firm Temple Bright has advised Ambulatory Surgery International (ASI) on the first phase of the conversion of commercial offices in London’s Marylebone into a high-end healthcare day surgery and outpatient diagnostics facility. Welbeck Health, ASI’s trading name, is a day surgery start-up in the UK...

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Former Osmond Tricks directors get team back together again to specialise in healthcare market

June 26, 2020
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Former Osmond Tricks directors get team back together again to specialise in healthcare market

A once-familiar name in Bristol’s commercial property market has returned after an absence of 14 years. Osmond Tricks has been formed by four directors – two from the original business – joined by a team of highly experienced and talented Bristol property professionals. Based on Whiteladies Road, the firm...

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£70m deal on prime Bristol office scheme two years ahead of opening shows strength of market

June 26, 2020
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£70m deal on prime Bristol office scheme two years ahead of opening shows strength of market

Cubex, the Bristol-based property developer behind the Finzels Reach regeneration, has completed one of the city’s largest investment deals with Tesco Pension Investment paying nearly £70m to forward fund its Grade A Halo office building. Construction of the cutting-edge 116,000 sq ft scheme, pictured, on the site of the...

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Go Outdoors pre-pack rescue deal handled by cross-firm TLT team

June 26, 2020
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Go Outdoors pre-pack rescue deal handled by cross-firm TLT team

Lawyers from TLT have advised administrators on the £56.5m sale of UK camping equipment retailer Go Outdoors to a newly-incorporated subsidiary of owner JD Sports Fashion, which has allowed its 67 stores to stay open. Bristol-headquartered TLT’s multi-disciplinary and cross-jurisdictional team gave strategic advice and support to administrators Deloitte...

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Finance hub launched to connect borrowers, lenders and investors – without the hard sell or jargon

June 25, 2020
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Finance hub launched to connect borrowers, lenders and investors – without the hard sell or jargon

An online service promising impartial financial advice for Bristol firms on funding options has been launched by Business West, the region’s largest business organisation. According to Business West, which runs Bristol Chamber of Commerce, its Finance Hub will be free from confusing jargon or any hard sell, enabling businesses...

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Welcome for lockdown easing from business leaders – but they warn it alone will not save all firms

June 23, 2020
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Welcome for lockdown easing from business leaders – but they warn it alone will not save all firms

Business groups have cautiously backed the reduction of many coronavirus lockdown restrictions announced earlier this week by the Prime Minister. But they also warned that other measures to boost the economy were still needed to avoid widespread business failures and job losses.  In a major boost to the West...

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Job losses, cash-strapped firms and furloughed staff. Grim picture of pandemic’s toll on West of England

June 19, 2020
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Job losses, cash-strapped firms and furloughed staff. Grim picture of pandemic’s toll on West of England

Unemployment has soared by 145% in the West of England since the start of the coronavirus pandemic, according to figures published today, with just nearly 40,000 people claiming jobless benefits. At the same time, around 22% of the region’s workforce – 132,600 people – have been furloughed while job...

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Bristol Business Blog: Interaction. How to prepare your office so your employees can return to work safely

June 19, 2020
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Bristol Business Blog: Interaction. How to prepare your office so your employees can return to work safely

With the lockdown easing and more businesses re-opening, the workplace psychologists and designers at Interaction have developed an in-depth guide to help companies prepare for their return to the office safely, confidently and responsibly.    Safely It doesn’t need to be complicated. But you do need to be thorough. It starts...

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Bristol’s ‘plane-of-the-future’ technology centre prepares for take-off

June 19, 2020
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Bristol’s ‘plane-of-the-future’ technology centre prepares for take-off

Engineering group GKN has taken possession of its new £32m aerospace technology centre in Bristol – a move that strengthens the city’s reputation as a world-leading centre for aerospace innovation. The 110,000 sq ft centre, pictured, at Filton will house 300 highly skilled engineers working in research and develop...

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Nearly ready for ignition: Bird’s-eye film shows Bristol’s world-class car engine research centre taking shape

June 18, 2020
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Nearly ready for ignition: Bird’s-eye film shows Bristol’s world-class car engine research centre taking shape

Drone footage of Bristol’s £70m global centre of excellence for ultra-low emission vehicles has been released as it nears its post-construction stage. The world-beating Institute for Advanced Automotive Propulsion Systems (IAAPS) is due to open next year on the Bristol & Bath Science Park at Emersons Green.  Owned by...

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Bristol city centre shops and bars at risk of collapse with mass job losses, BID warns

June 18, 2020
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Bristol city centre shops and bars at risk of collapse with mass job losses, BID warns

More support must be given to protect Bristol’s retail, hospitality and leisure businesses, the city centre Business Improvement District (BID) has said amid a growing threat to jobs in these sectors. The BID fears the government’s furlough scheme is concealing the true picture of unemployment while many city centre...

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Plea to government for emergency funding to protect Bristol’s We The Curious and other science centres

June 18, 2020
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Plea to government for emergency funding to protect Bristol’s We The Curious and other science centres

Bristol’s We The Curious has joined more than 40 other science centres across the UK to call for emergency help from the government as they fight for survival during the lockdown. The Science Centres For Our Future campaign is being supported by some of the UK’s leading science advocates...

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