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When it is complete it will form the centrepiece of a new urban quarter of the town, which is to be master planned by a local architect, Antonio Belem Lima, The site terraces down to the banks of the River Corgo and faces the eastern edge of the existing town Externally the building will rise from a textured stone plinth, which echoes the steep retaining walls holding back the existing town from the river gorge The dominant features will be the elegant aluminium roof, which oversails the walls and the fully glazed western elevation, which exploits the wonderful views across the valley In the summer months areas of the glass wall can be pulled back to give access to external terraces, which are sheltered from above by the oversailing roof.

These latest acquisitions include the £20m purchase of seven Littlewoods stores and a 400,000 sq ft distribution centre being developed for MAN Trucks, the wholly owned subsidiary of ERF Holdings plc, for £22m The seven Littlewoods stores are all High Street units comprising approximately 200,000 sq ft of retail accommodation and generating £1.5m in annual rental income from new 25 year FRI leases.