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News Stories for August  2005

  Dwyer responds to lack of supply within Luton with strategic purchase
Dwyer PLC are pleased to announce the purchase of Units A and B Kimpton Road in Luton, which comprise two warehouse units totalling 152,000 sq ft on a site of 9.3 acres close to Luton Airport.  23/08/2005

  Renewed confidence in Bristol Office Market will help the city raise its national profile
Renewed confidence in the Bristol office market has seen rental values rise to an all-time high following a period of stagnation, and the investment market for both Grade A and secondary office buildings remains strong. However, despite this optimism, Bristol continues to lose out to other UK cities in its bid to attract significant corporate relocations.    22/08/2005

  Bridgend can look forward to riverside café culture
 A picturesque riverside boardwalk, which will open up a hitherto untapped resource of Bridgend town centre, is to be built thanks to the approval by the Welsh Assembly Government and Welsh European Funding Office of a £5 million funding bid.  19/08/2005

  Rent-free package adds to Trilogy’s many attractions
An attractive package of incentives, including substantial rent-free periods, is being offered to tenants at the new £20 million Trilogy business park at Eurocentral, in Lanarkshire, which is being marketed by GVA Grimley and Cushman & Wakefield Healey & Baker.  12/08/2005

  The rise and rise of Staffordshire’s distribution sector, A50, M6 toll
Staffordshire’s distribution sector is booming.  Granted a new lease of life several years ago when the A50 link road first opened and, more recently, the M6 Toll Road, the area has now developed into a key centre for distribution. Across the county, developers are looking for opportunities to capitalise on Staffordshire’s current popularity – a popularity which shows no signs of waning.  11/08/2005

  GVA Grimley’s automotive team is firing on all cylinders
Property adviser GVA Grimley is continuing its recruitment drive with the appointment of Chris Booth to its Automotive and Roadside Team.   11/08/2005

  Retail property market reaches its peak
Despite weakened consumer spending, average rents in the UK retail sector grew substantially over the first quarter of 2005, outperforming all other major commercial property sectors.  However, according to property adviser GVA Grimley, this year-on-year growth could well be reaching its peak.  11/08/2005

  Black country office market is holding its own
In the context of the wider Midlands office sector, the Black Country is still an emerging market.  However, as Andrew Venables, offices partner at GVA Grimley in the Midlands, explains, the area is holding its own against the region’s more recognised office locations.  11/08/2005

  The showroom must go on
Amanda Barber, head of GVA Grimley’s Automotive and Roadside Team, gives an overview of the region’s automotive property sector  11/08/2005

  GVA Grimley expands landlord and tenant team with new appointments
International property advisers GVA Grimley has expanded its landlord and tenant team with the recruitment of three new surveyors.  The appointments have been made to meet increasing demand in this growing sector.  11/08/2005

  Further space acquired at Pitstone Green Business Park
Developers Chartmoor Estates and Harvington Properties have completed the purchase of a further 10 acres at the newly created Pitstone Green Business Park near Tring.  10/08/2005

  Two deserts and five mountain ranges – in a 2cv!
Two town planners from Bristol are currently half way through an epic trans-continental adventure in aid of charity. Pete Stockall and Pete Brown, members of international property adviser GVA Grimley’s town planning team, are taking part in the Mongol Rally, an amazing feat of endurance, which will see them drive over 9000 miles, crossing two deserts and five mountain ranges to reach their destination!  10/08/2005

  80% of growing firms target UK for expansion in the next two years but challenge from China and India is clear - CBI/GVA GRIMLEY SURVEY.
Three out of four UK based companies surveyed are planning to expand their businesses, with 80% planning to expand in the UK, according to a survey of property occupiers by the CBI and property advisers GVA Grimley.  01/08/2005




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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