BC Partners Real Estate and Simten London mixed-use scheme takes step forward Sep 11, 2024 The High Court has dismissed the Judicial Review (JR) brought against Camden Council’s decision to grant planning permission for the redevelopment of One Museum Street in central London for the second time. The ruling, delivered by the Honourable Mrs Justice Lang DBE and confirming a previous High Court judgement handed down in July, reaffirms that […] Posted by: Deividas Krupstas Read more
City of London approval secured for 174-unit Co-Living scheme Sep 11, 2024 The City of London Corporation’s Planning Applications Sub-Committee has, today, approved a new ‘Co-Living’ development at 45 Beech Street. Also known as Murray House, the proposals will see the building partially demolished and then extended to deliver 174 private rental co-living units, with a range of internal and external amenity spaces, including communal cooking, dining […] Posted by: Deividas Krupstas Read more
Paloma Capital and Graftongate acquire Bedford industrial site for £25m redevelopment Sep 10, 2024 Private equity real estate investor, Paloma Capital, with development partner Graftongate, has completed the acquisition of a 5.77-acre industrial site in Bedfordshire. The site is located on the multi-let Elm Farm Industrial Estate, Caxton Road, near Bedford town centre, adjacent to the A4280 dual carriageway. Paloma Capital and Graftongate will draw up plans to redevelop […] Posted by: Deividas Krupstas Read more
Admiral Taverns acquires 18 pubs from Marston’s PLC Sep 10, 2024 The Board of Admiral Taverns (“Admiral”), the UK’s leading community pub group owned by real estate private equity firm Proprium Capital Partners, is pleased to announce that it has reached an agreement to acquire a portfolio of 18 freehold pubs from Marston’s PLC (“Marston’s”). The portfolio of 18 high-quality wet-led establishments spans the UK, located […] Posted by: Deividas Krupstas Read more
LendInvest signs £1.5 billion funding agreement with JP Morgan Sep 10, 2024 LendInvest plc, the UK’s leading platform for mortgages, announces that it has extended its existing Separate Account with JP Morgan by an additional £500 million to £1.5 billion. This funding will be used to support the growth of LendInvest’s Mortgages proposition. As a result, LendInvest now has more than £4.55 billion of Funds under Management, […] Posted by: Deividas Krupstas Read more
Housebuilder Honey secures planning for 114 new homes Sep 10, 2024 Housebuilder Honey will build 114 new three-, four- and five-bedroom homes in Edwinstowe, Nottinghamshire, after being granted planning permission for a £42m development. Called Homes by honey at Thoresby Vale, the development is located off Ollerton Road and is part of the wider Thoresby Vale masterplan. Homes by honey at Thoresby Vale will comprise 12 […] Posted by: Deividas Krupstas Read more
Schneider Electric to invest £42 million in new manufacturing site in North Yorkshire Sep 10, 2024 Schneider Electric, the leader in the digital transformation of energy management and automation, is investing £42 million in a new manufacturing facility in Scarborough, North Yorkshire. The new facility at Scarborough Business Park has been developed by Caddick, which has also acted as principal contractor throughout the construction phase. Schneider Electric will relocate from its […] Posted by: Deividas Krupstas Read more
B8re advises on £18m+ sale of modern distribution unit Sep 9, 2024 Acting on behalf of a UK Pension Fund client, industrial property consultancy, B8RE has completed the disposal of a modern single let logistics warehouse in Ellesmere Port, in a deal worth close to £18.5million. The state-of-the-art 210,000 sq ft facility is let to Honeywell, which is the company’s sole distribution hub in the UK and […] Posted by: Deividas Krupstas Read more
Soller Developments submits plans for PBSA scheme Sep 9, 2024 Soller has submitted plans to Manchester City Council to develop a new PBSA (purpose built student accommodation) scheme in the city. The project aims to create 20 student flats with the ground floor being utilised for commercial space. Plans outline their desire to redevelop a former Barclays Bank where Oxford Road and Grosvenor Street connect. […] Posted by: Deividas Krupstas Read more
Evolve Estates acquires two retail assets Sep 9, 2024 Evolve Estates, part of the commercial property and investment collective M Core, has announced the acquisition of two prime retail assets. The assets total to 16,218 sq ft, and include: Teddington – A ground floor retail parade fully let to Boots, Costa, Holland & Barrett, Boots Opticians, and Carpetright.Farnham – A single-let FRI building occupied […] Posted by: Deividas Krupstas Read more
