Planning Approval Granted for New 52-Storey Residential Tower on the Isle of Dogs Oct 15, 2024 A major milestone in the development of London’s Isle of Dogs has been achieved with the recent planning approval for One East Point, a 52-storey residential tower. This project will soon rise above the Millwall Inner Dock, adding to the growing skyline of high-rise buildings in the area. Standing at approximately 170 meters tall, One […] Posted by: Deividas Krupstas Read more
SEGRO sells Park Royal asset for £115 million Oct 15, 2024 SEGRO plc announces the sale of SEGRO Park Victoria Road in Park Royal, West London to the Imperial College London for a base consideration of £115 million, a premium to book value. The 10-acre urban warehouse estate has been owned by SEGRO since the acquisition of Brixton plc in 2009. SEGRO has actively managed the […] Posted by: Deividas Krupstas Read more
New £700m Innovation District announces new Managing Director Oct 15, 2024 Oxford North, the new £700 million innovation district in Oxford, has appointed Simon Ruck as its new managing director and Kevin Reid as its new energy and engineering manager as part of the strategy to build the on-site management and facilities team ahead of opening in mid-2025. Simon has more than 25 years’ experience and […] Posted by: Deividas Krupstas Read more
Indurent and PLP submit plans for new logistics scheme Oct 15, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK and PLP, the specialist industrial and logistics developer, have submitted a detailed planning application to North West Leicestershire District Council for the development of a Grade A c.644,000 sq ft logistics facility. This prime East Midlands site spans […] Posted by: Deividas Krupstas Read more
Blackstar and Novara Launch £100 Million Joint Venture to Build UK Retail Property Portfolio Oct 14, 2024 Blackstar and Novara have announced the formation of a £100 million joint venture to create a strategic retail property portfolio across the United Kingdom. The newly formed partnership will focus on acquiring shopping malls and town centre retail assets with significant development potential. This collaboration combines Blackstar’s industry-leading expertise in real estate investments with Novara’s […] Posted by: Deividas Krupstas Read more
Zedwell Hotels secures £25m to drive hotel expansion plans Oct 14, 2024 Criterion Capital has secured a £25 million investment facility from Cynergy Bank, setting the stage for an ambitious expansion of its pioneering Zedwell hotel brand. This funding will propel Criterion Capital’s vision of redefining hospitality with its sleep-centric, design-forward hotel concept. Zedwell hotels are urban sanctuaries, offering rooms – aptly named “cocoons” – designed to deliver […] Posted by: Deividas Krupstas Read more
CALA Homes secures planning for 96 new homes in Lewes Oct 11, 2024 Cala Homes today announces it has secured Reserved Matters Approval from Lewes District Council to bring 96 much-needed, high-quality homes to Wivelsfield Green, 38 of which will be affordable. The site is on Land to the East of Ditchling Road, Wivelsfield. Cala’s plans will provide a choice for house hunters, including a range of one- […] Posted by: Deividas Krupstas Read more
Mapletree Investments Makes First Logistics Acquisition in the UK Oct 11, 2024 Mapletree Investments, a leading Singapore-based real estate company, has made its first foray into the United Kingdom’s logistics sector with the acquisition of a logistics hub valued at £90 million. This marks a significant milestone in Mapletree’s ongoing strategy to expand its global logistics footprint beyond Asia. The newly secured logistics hub represents Mapletree’s commitment […] Posted by: Deividas Krupstas Read more
Oxygen Asset Management Acquires London Office Building Oct 11, 2024 Oxygen Asset Management has successfully acquired 11 Leadenhall Street, a freehold office building located in the heart of the City of London. Spanning 15,117 square feet, this property marks a significant milestone as the firm’s first acquisition within its London value-add office strategy. Founded in 2004, Oxygen Asset Management is known for its expertise in […] Posted by: Deividas Krupstas Read more
Vistry Group partners with Bromford to deliver 695 sustainable homes in Longbridge Oct 11, 2024 Vistry, Britain’s biggest housebuilder, has joined forces with Bromford to build up to 695 sustainable homes in Longbridge, south-west Birmingham, formerly home to the MG works. Vistry has joined forces with Bromford, one of the UK’s largest housing associations, which will own and manage the affordable homes. Bromford is acquiring 250 of the proposed homes, […] Posted by: Deividas Krupstas Read more
