Property

Wincanton directors recommend $700m takeover bid from major international freight group

January 19, 2024
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Wincanton directors recommend $700m takeover bid from major international freight group

Logistics firm Wincanton is set to be acquired by a global freight group following a surprise $700m (£567m) deal announced today. The bid, from French-owned shipping giant CMA CGM, was backed by Chippenham-headquartered Wincanton’s board, which said it intends to unanimously recommend it to shareholders. Earlier this week Wincanton, which has 20,300 employees and...

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Bath’s Grant Associates lands key design role in creating world’s first ‘airport terminal in a garden’

January 18, 2024
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520648-Kempegowda International Airport Bengaluru 011-e11f67-large-1704905557

A revolutionary airport terminal that puts nature and biodiversity at the heart of the passenger experience has opened in India, with Bath-headquartered landscape architects Grant Associates playing a key role in its innovative design. Terminal 2 at Kempegowda International, near Bengaluru (also known as Bangalore), has reinvented the idea of traditionally stressful and bustling...

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Savills boosts its Bath residential team by recruiting experienced city-based property expert

January 18, 2024
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Savills boosts its Bath residential team by recruiting experienced city-based property expert

Real estate group Savills has appointed one of Bath’s most experienced residential property agents as a consultant in its office in the city. Christine Penny, pictured, has worked in Bath since 1999, when she moved to the city to open Hamptons’ residential sales office.  After just over 11 years with Hamptons she became a...

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Revenues inch ahead at Wincanton as firm steers carefully through tougher market conditions

January 18, 2024
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Revenues inch ahead at Wincanton as firm steers carefully through tougher market conditions

Logistics group Wincanton has shrugged off what it described as a “challenging trading environment” to increase its revenue. The Chippenham-headquartered group, which has 20,300 employees and 8,500 vehicles in more than 170 sites across the country, grew by 1.3% year-on-year in the third quarter despite the tougher market and its ongoing exit from closed-book...

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Council in bid for funding to set up 5G pilot scheme to boost mobile coverage in Bath city centre

January 12, 2024
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Council in bid for funding to set up 5G pilot scheme to boost mobile coverage in Bath city centre

An 18-month scheme to trial a next generation 5G mobile network in central Bath looks set to go ahead.  Bath & North East Somerset Council (B&NES) looks set to secure a government grant for the pilot, which would involve between 200 to 300 volunteers from a broad mix of local communities testing the new...

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New Bath Business Breakfast series kicks off with discussion on wellbeing in the workplace

January 11, 2024
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New Bath Business Breakfast series kicks off with discussion on wellbeing in the workplace

Staff wellbeing will go under the spotlight at a business breakfast in Bath next month, with a panel featuring two of the city’s most successful entrepreneurs. The event, on 9 February, is being staged by Bath BID in partnership with Bath Forum. It is the first in a quarterly series linked to popular topics from...

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Rare chance for go-ahead Bath firms to snap up high-end offices in two historic former houses

January 11, 2024
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Rare chance for go-ahead Bath firms to snap up high-end offices in two historic former houses

Businesses have been given a rare opportunity to acquire Georgian properties converted to modern offices on one of Bath’s most sought-after squares. The two former houses on Kingsmead Square – one of which was originally the Mayor of Bath’s home – have been put on the market by city-based property management company HPH. The...

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Permanent office in Bristol for Bath law firm as it eyes further opportunities for growth in the city

January 10, 2024
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Permanent office in Bristol for Bath law firm as it eyes further opportunities for growth in the city

Bath-headquartered regional law firm RWK Goodman is to open a permanent base in Bristol nearly five years after launching a satellite office in the city. The firm employs more than 570 across its office network, which also includes Swindon, Oxford and London. It opened a small office in Bristol in 2019 to service a...

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CBRE builds its South West valuation team into the largest in the region with raft of new joiners

January 9, 2024
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CBRE builds its South West valuation team into the largest in the region with raft of new joiners

Global real estate advisor CBRE has strengthened the valuation capability in its South West office with a number of new hires. he team, which has a focus on the residential market, offers a dedicated resource for valuation and advisory support. This ranges from single family housing, build-to-rent, affordable housing, development advice and student accommodation...

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Confidence gap widens as firms see little economic cheer this year but are optimistic about own prospects

January 5, 2024
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Confidence gap widens as firms see little economic cheer this year but are optimistic about own prospects

Fewer than one in five West of England businesses have confidence in the UK's economic outlook this year, according to a new survey – yet almost two-thirds are optimistic about their own prospects. Key challenges identified by firms in the region as 2024 gets under way are interest rate levels and labour shortages, according...

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