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Borough chalks up new-business record

by Jim Dunton Tue 4 June 2013, 10:48 am

Bromley hosted a record number of new company registrations during the first quarter of this year, according to new research.

Business analytics firm Duport said that between January and March 277 new companies were formed - more than any other quarter on record for the area, and a 23 per cent rise on the previous year’s first quarter.

Duport managing director Peter Valaitis said the town’s regeneration plans could be one factor behind the statistics.

"The regeneration of Bromley marks the start of an exciting new phase for the town,” he said.

“The record number of new company formations highlights the fact that Bromley is set to become a prime retail and leisure destination."

A central plank of the town’s revitalisation is the under-construction Bromley South Central scheme, which includes 200 homes, a nine-screen Vue Cinema complex, a 130-bed Premier Inn hotel, and 25,000 sq feet of new café and restaurant space, part of which has been pre-let to national restaurant chains Nandos, Prezzo and Las Iguanas.

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