Quantum Property Partnership, a 50/50 joint venture between Quintain Estates and Morley Fund Management, has secured an agreement with the South West of England Regional Development Agency to create a new science and technology park, SPark, in Bristol. Quantum plans to develop 77,000 m[sup]2[/sup] of science and technology space on a 22-hectare site for an investment of £200 mln (EUR 297 mln).

Quantum Property Partnership, a 50/50 joint venture between Quintain Estates and Morley Fund Management, has secured an agreement with the South West of England Regional Development Agency to create a new science and technology park, SPark, in Bristol. Quantum plans to develop 77,000 m2 of science and technology space on a 22-hectare site for an investment of £200 mln (EUR 297 mln).

Subject to detailed planning permission being granted, construction work is expected to start on site in autumn 2007 with the first buildings available for occupation in late summer 2008.