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| House of Lords throws out appeal by Land Securities The House of Lords has dismissed Land Securities Group PLC's legal challenge against the decision by Scottish Ministers to alter the Glasgow and Clyde Valley Joint Structure Plan to permit a major new retail scheme on the vacant site of the former Ravenscraig Steelworks. Land Securities, in partnership with The British Land Company PLC, under The Scottish Retail Property Limited Partnership, believes the proposal contravenes National Planning Policy Guidance. The Scottish Retail Property Limited Partnership is a 50/50 joint venture between Land Securities Group PLC and The British Land Company PLC, bringing together approximately 1.4 million ft2 (130, 000 m2) of combined Scottish-based retail property assets worth more than £500 million. write your comments about the article :: © 2006 Construction News :: home page |