Markets Glos, Herefordshire, Worcs + Warks

Watson, Stuart

Markets Glos, Herefordshire, Worcs + Warks - 2011 - Property Week 77(18) 6 May 2011, 39-42(4) .

Government pledges £17.85m funding to create 173 acre business park near Worcester. Stanhope presses ahead with new retail developments in Gloucester's Kings Quarter and Hereford's Old Livestock Market. Lack of suitable land is hampering the development potential for distribution occupiers along the Birmingham-Bristol M5 corridor. Rolls Royce takes 26 000 sq ft at Warwick Technology Park. Office market conditions in Cheltenham have become more challenging with 45 000 sq ft Ellenborough House the only new space available so far in 2011. Preferred developer for Hereford's Buttermarket designed by Austin-Smith Lord likely to be announced in June.


Gloucestershire
Worcestershire
Herefordshire
Warwickshire