Five bidders have been shortlisted to buy Leeds Bradford airport, ahead of a preferred bidder being selected next week. The airport is expected to fetch between £120m and £130m. Financial Times
On the shortlist are a consortium headed by Balfour Beatty, which recently bought Exeter airport for £60m; TBI, which is mainly owned by Abertis of Spain and has interests in Luton, Cardiff and Belfast airports; ABN Amro; Barclays Private Equity; and Bridgepoint.
British Land has announced its commitment to develop phase 2 of Aldgate Place, a 136,000 sq ft residential-led, mixed-use scheme on the City fringe.
JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired 64,682 sq ft of industrial space near Exeter for an undisclosed sum - the fund’s first deal in the South West.
Legal General is to invest £350m into Bristol Temple Island in a bid to transform the disused site into a new urban quarter.
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