JV to Build £53m Residential Towers in Sheffield Jul 5, 2024 Torsion Group has partnered with Housing Growth Partnership (HGP) to develop a £53m residential project at Hollis Croft, Sheffield. The development will include 234 Build to Rent (BTR) apartments in blocks ranging from seven to 17 floors. Torsion Construction will serve as the main contractor, with the project set for completion in mid-2026. The scheme […] Posted by: David Gilbank Read more
Frasers Group Acquires Frenchgate Shopping Centre Jul 2, 2024 Frasers Group has acquired the 770,000 sq ft Frenchgate shopping centre in Doncaster as part of its ongoing expansion in the UK. The centre, home to over 120 retailers including Next, H&M, and TK Maxx, attracts more than 16 million customers annually. Frasers Group stated that the acquisition will “unlock new opportunities” for its brands […] Posted by: David Gilbank Read more
Maslow Capital Invests £20m in Liverpool’s Baltic Triangle Development Jul 2, 2024 Maslow Capital has committed £20 million to Nexus Residential for the completion of the £35 million Central Park apartments, located on the edge of Liverpool city centre, with an expected completion date in late 2025. This marks the third collaboration between Nexus and Maslow, bringing their total funding to £60 million. The Central Park development, […] Posted by: David Gilbank Read more
Clearbell Acquires £7.7m Wolverhampton Industrial Site Jul 2, 2024 Property management firm Clearbell has expanded its logistics platform with the acquisition of a new industrial asset in Wolverhampton for over £7.7 million. The site, covering around 100,000 sq ft, comprises eleven units, with 94% occupancy by four tenants. Clearbell plans to upgrade the site, including reroofing units, installing photovoltaic (PV) panels, expanding yard areas, […] Posted by: David Gilbank Read more
Legal & General Affordable Homes Secures £35m Acquisition of Shared Ownership Properties Jul 2, 2024 Legal & General Affordable Homes has acquired 390 shared ownership homes from Orbit Group for nearly £35 million. This acquisition aligns with Legal & General’s goal of increasing investment in the affordable housing sector, backed by its Institutional Retirement division. The newly acquired homes are spread across 32 local authorities, including regions in the North […] Posted by: David Gilbank Read more
Panattoni supersizes with largest ever speculative logistics development in the North of England Jul 2, 2024 Panattoni, the largest logistics real estate developer in the UK and Europe, has acquired a prime 65-acre site on the Nottinghamshire/Yorkshire border with planning consent for over 1.2 million sq ft. The two phase development, called Panattoni Central A1(M), by junction 34 of the A1(M), has been acquired from Mulberry Developments in an off-market deal. […] Posted by: David Gilbank Read more
Valor makes 86,000 sq ft logistics acquisition in Birmingham Jul 1, 2024 Valor Real Estate Partners, Europe’s fastest growing last mile real estate specialist, has completed the acquisition of a 4-unit, multi-let logistics park in Kings Norton, south of Birmingham City Centre. It takes Valor’s investment in what is the UK’s second largest city to almost £75 million, across three assets totalling 380,000 sq ft, since 2022. […] Posted by: David Gilbank Read more
Multi-million pound battery storage site planned for Teesworks Jul 1, 2024 Teesworks Ltd has reached an agreement with battery storage specialist Energy Optimisation Solutions build a Battery Energy Storage System (BESS) on a three-acre plot at the Long Acres section of the 2,500 acre Teesworks site. The £62m facility will enable up to 100 Megawatts (MW) of additional green energy to be plugged into the grid. […] Posted by: David Gilbank Read more
Orchard Street’s Impact Fund acquires South East London last-mile industrial estate for c. £21 million Jul 1, 2024 – Asset to be transformed in line with stringent Impact Fund objectives, targeting an accelerated route to net zero carbon alongside location specific social needs– Orchard Street Investment Management has completed a further acquisition on behalf of its £400 million Impact Fund. The Orchard Street Social and Environmental Impact Partnership has acquired an ultra-urban, highly […] Posted by: David Gilbank Read more
Westbrook Partners Refinances 60 Charlotte Street Jul 1, 2024 Westbrook Partners has renewed its lending partnership to refinance the 60 Charlotte Street office building in Fitzrovia, London. The financing involves a Japanese lender, reinforcing the building’s status as a top-tier office space. The refurbishment, completed in 2021, modernised the property into multi-let Grade A offices, luxury serviced apartments, and a restaurant unit. This move […] Posted by: David Gilbank Read more
