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End looms for Commonwealth Centre.(Commonwealth Conference and Events Centre for sale)(Brief Article)

Marketing Event

| October 01, 2003 | COPYRIGHT 2003 Haymarket Business Publications Ltd. (Hide copyright information)Copyright

The Commonwealth Conference and Events Centre (CCEC) is to shut next July after the venue's trustees decided against selling the west London property as a going concern. The closure will see the loss of 26 jobs.

Property agent DTZ said talks with a preferred bidder broke down last month over 'a lack of confidence in its proposed timetable'.

Negotiations with a short-list of interested parties are continuing and it is hoped a new owner will be unveiled by the end of the year. 'We want to make sure we find the right buyer,' a DTZ spokesman said.

CCEC managing director Paul Kennedy said 23 events run by 12 clients will need to be relocated. The …

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