http://gaschat.co.uk/thread/4031/plan-foward
Brilliant! Despite not owning the land at UWE, they're making 15mil from student accommodation, as well as a hotel. And they are going to get 20mil from the Mem.
Clearly it hasn't occurred to them that if student digs would make 15mil then the UWE might do that themselves, or indeed expect market value for the land, as for selling the Mem for housing, seems lost on them that people generally expect houses to be built before they pay for them, giving no time for them to build their new home.