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Wettest April sees retail sales slide

The wettest April since records began put the dampeners on high street trade last month, as retail sales fell by 3.3 per cent on a like-for-like basis compared with a year earlier.

Figures from the British Retail Consortium (BRC) show total sales, which include outlets opened in the last 12 months, were also down, falling by one per cent compared with a 6.9 per cent rise in April 2011.

It said that record rainfall and low temperatures had hit sales of clothing and footwear, although some types of homewares received a boost.

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Onyx Retail Park creates new jobs with Domino’s franchise

Domino's Pizza, which operates more than 9,350 stores in 70 different countries, has chosen the Onyx Retail Park for one of its latest franchises, resulting in the creation of a further 30 new jobs.

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Two new hotels for Sri Lanka

ONYX Hospitality Group, the Thailand-based hotel management company, has signed management agreements with Sino Lanka Hotels Holdings for the development of two properties in the Sri Lankan cities of Colombo and Galle.

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Habtoor Leighton wins Dubai hotel development

Habtoor Leighton Group (HLG) has been awarded a US$515million (£325m) contract as part of the US$1.33billion Habtoor Palace hotels development in Dubai.

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Latest deals...


The Swan, a Worcestershire village pub with letting rooms, is being offered for sale through the Birmingham office of business agents, Christie + Co.


The Wyndham Grand, London's only five star all-suite hotel has been placed on the market with leading agents Colliers International.


LaSalle Investment Management has announced that it has completed the sale of Wey Retail Park, West Byfleet, on behalf of a pension fund client. The sale to ING was agreed at a price of £12.85 million, representing a net initial yield of 5.93 per cent.


Capital Shopping Centres Group has agreed terms on two proposed land deals with the Peel Group.
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