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News Stories for September  2003

  Town centre retail team restructures
Following 10 years as lead partner for the national town centre retail teams at GVA Grimley, Paul Brewer is to step down from 31 October 2003.  30/09/2003

  Subdued business park market is on the up says GVA Grimley
Manufacturing and the public sector have been the dominant forces in the UK Business Parks market this year, contrasted with the usual high flying sectors of banking, insurance and telecoms which together accounted for just 15% of the market. These are among the findings of the GVA Grimley Business Parks Review Summer 2003.  29/09/2003

  GVA Grimley advise on sale of former jungle.com building
Wrenbridge Limited of Cambridge has speculatively acquired the 87,000 sq ft (8,080 sq m) former jungle.com building at Highway Point, Gorsey Lane in Coleshill which has now been renamed ‘The Link’.  26/09/2003

  Smallbrook Queensway renaissance gathers momentum with Quintain announcement
The resurgence surrounding the inner ring road by Smallbrook Queensway is gathering momentum following Quintain’s announcement that it has successfully let SBQ1 and SBQ2 to Mortgage Master, which plans to use the site to house a new call centre for its UK operation.  25/09/2003

  Leeds landscape dominated by major law firms
Leeds reputation as a centre of excellence for legal services is manifested in the city’s new office developments.  25/09/2003

  Vivienne Westwood store to open in Liverpool on 23rd October
Hervia Ltd, North West based franchisee for Vivienne Westwood, is to open its second flagship store in the UK and for this location they have chosen the thriving city of Liverpool.  22/09/2003

  GVA Grimley strengthens team with new appointment
GVA Grimley has strengthened its Manchester office by appointing Lee Treanor to join its brokerage team.  17/09/2003

  Danish investors purchase retail warehouse in Chester
Private Danish investors, retained by GVA Grimley, have continued their UK spending spree with the acquisition a 3,530m² (38,000 ft²) unit at Tarvin Road, Chester.  16/09/2003

  Danish investors purchase Somerfield, Tyldesley
Private Danish Investors, retained by GVA Grimley, have continued their UK acquisition programme with the purchase of Somerfield Supermarket in Tyldesley, Greater Manchester.  16/09/2003

  Danish acquisition of Woolworths at Stockport
Retained Danish investors of GVA Grimley's, have purchased Woolworths in Stockport for £9.29 million.  16/09/2003

  Combining two major universities - Project Unity
A masterplanning team led by Terry Farrell & Partners has been selected from a strong shortlist for Project Unity - the merger of the Victoria University of Manchester and UMIST.  10/09/2003

  Servisair lands at Atlas business park
Atlas Business Park – a joint scheme between AXA REIM and Manchester developers, CTP – has secured a new tenant.  09/09/2003

  Closure and Asset Disposal, Manchester Mitchell Shackleton & Co Ltd
GVA Grimley finds crankshaft manufacturing machines new homes in the UK, Europe and USA  01/09/2003

  2003 - The bottom of the cycle?
All-property rents are forecast to fall by around 3% in 2003 as a result of the increased rate of decline in office rents in the London and South East markets.  01/09/2003

  Landmark City investment sale
The Carlyle Group has successfully completed the acquisition of the head leasehold interest in 107 Cheapside, London EC2, advised by the retained letting agent, GVA Grimley.  01/09/2003




For further information on these news items or if you have a press enquiry, please contact Edward Dewar, Public Relations Manager on the following Direct Dial: 020 7911 2664 Email: edward.dewar@gvagrimley.co.uk National Number: 08449 02 03 04 Fax: 020 7911 2560

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