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News Stories for January  2010

  Continued Pipeline Freeze Favours Refurbishment over New-Build
As speculative commercial property development slows to a virtual standstill in many parts of the South Wales due to the continuing lack of finance and concerns about occupier outlook, market trends are increasingly favouring refurbishment as an alternative to new build.  29/01/2010

  Buyer Sought for Western Corrugated Factory in Cwmbran
Cardiff based commercial property consultancy, GVA Grimley, has been appointed by Jonathan Pope and Richard Hill the joint Administrators of Western Corrugated Limited to seek freehold offers for the former factory premises at Springvale, Cwmbran.  29/01/2010

  GVA Grimley Announces New Agreement with Cassidy Turley
Leading UK property consultant GVA Grimley and the newly launched U.S. property consultant Cassidy Turley have signed a “Memorandum of Understanding” announcing their intention to create a new international partnership, capable of delivering best in class property solutions to clients.  25/01/2010

  Three Further Lettings at Hillington Park
Hillington Park continues to attract occupiers with three further lettings reported over the festive period.  19/01/2010

  GVA Grimley and Winton Faith Complete Deal at 137 Sauchiehall Street, Glasgow
On behalf of Ignis Asset Management, GVA Grimley jointly with Winton Faith have successfully competed the sale of the 5th floor of 137 Sauchiehall Street, Glasgow to EVH Limited who were represented by Phil Reid Associates.  18/01/2010

  Rare Clifton Site Comes Onto the Market
A rare opportunity to purchase a prime residential development plot in Clifton Village is being made available by the land and development team at GVA Grimley in Bristol.  13/01/2010




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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