H1b; Innovative companies achieve a higher ROSb
than the non-innovative ones.
" Following demolition and remediation on the Charlotte Street site, including the retention and refurbishment of two listed buildings, ROSB
completed the first phase of the development in 2009, which includes a 100-bed Tra-velodge hotel and 20,000 sq ft of offices let to NSPCC, MADE and the Ormiston Academies Trust.
Chris Bond of Property 252, ROSB
's advisers on the project, said: "This will be one of the first developments in the recently announced enterprise zone and will transform a derelict site, attract more visitors to the city, create new jobs and inward investment."
Chris Bond, chief executive officer of ROSB
, said: "Although the Newhall Square scheme is still under development, the hotel and office space mean that it is open for business.
Societe Generale SA (SocGen) (SOGN.PA) (OTC: SCGLY), the third-largest French bank in terms of market capitalisation, has said that it has acquired an additional seven percent of Russia's Rosbank (ROSB
has unveiled its designs for the transformation of the former Science Museum's engine hall at its Newhall Square development.
Lawrence Parnell, managing director of ROSB
, said: "This is the first major pre-let at Newhall Square and a significant anchor for the development.
Integration with Societe Generale and its subsidiariesshould help Rosbank cut opex and allow it access to international financial resources,which, in turn, will permit the bank to reduce funding costs.The fair value of Rosbank (RTS: ROSB
) is USD 5.20 per share with a 41% upside anda BUY rating.
Midlands Architecture and the Designed Environment (MADE) has taken the first floor of 6-7 Newhall Street from RO St Bernards (ROSB
Theloan portfolio growth and the decline in provision charges should have an upwardimpact on Rosbank profits in 2010-2011.The fair value of Rosbank (RTS: ROSB
) is USD 5.20 per share with a 40% upside anda BUY rating.
Robert Neaveson for ROSB
, said the former engine hall had been transformed into a bright, lofty space.
chief executive, Chris Bond, said: "Newhall Square will form a link between the city centre and the Jewellery Quarter and create an urban village in the heart of Birmingham."