GSK announcement imminent on UK Science Cluster development partner May 30, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Leon Newton Read more
Fiera and Wrenbridge acquire 4.5-acre site for industrial scheme May 30, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 4.5-acre site on Limberline Road in Portsmouth to develop a multi-unit Grade A industrial scheme with a GDV in the region of £33m. The business plan is to obtain planning permission for seven industrial units ranging between 6,319 sq.ft to […] Posted by: Leon Newton Read more
Oxenwood acquires Manchester logistics estate from pension fund in £19m deal May 30, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a multi-let logistics estate near Manchester for £19 million. Located by junction 19 of the M60 orbital motorway in Middleton, four miles north east of Manchester, the 12-acre estate has been acquired from a retained pension fund client of CBRE Capital […] Posted by: Leon Newton Read more
Panattoni submits plans for 200,000 sq ft logistics development May 30, 2022 Panattoni, the largest industrial real estate developer in Europe, has submitted plans for a 199,672 sq ft speculative, last-mile logistics development in Crawley.The detailed planning application for Panattoni Park Crawley, submitted to Crawley Borough Council, is for a semi-detached unit of 134,012 sq ft and 65,660 sq ft, which could be combined into one unit […] Posted by: Leon Newton Read more
Cheyne Capital sells Elivia Homes to funds advised by Octopus Investments May 30, 2022 Leading alternative asset manager Cheyne Capital has today announced the sale of its majority shareholding in independent housebuilder Elivia Homes to funds advised by Octopus Investments, part of Octopus Group. Since it first invested in Elivia Homes, formerly Vanderbilt Homes, in 2014, Cheyne has played an integral role in supporting the firm’s ambitious growth into […] Posted by: Leon Newton Read more
Stoford reveals plans for next phase of Redditch Gateway May 27, 2022 Leading commercial property developer, Stoford has announced plans for the next phase of development at a £200 million logistics and manufacturing scheme near Redditch. A reserved matters planning application has been submitted for the speculative development of almost 450,000 sq ft of new industrial and logistics accommodation at Redditch Gateway, near Junction 3 of the […] Posted by: Leon Newton Read more
Home REIT raises £263m to acquire high-quality resi properties May 27, 2022 Further to the announcement of 16 May 2022, the Board of Home REIT, which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing suitable accommodation for homeless people, is pleased to announce that it has raised gross proceeds of approximately £263 million through a significantly oversubscribed Subsequent Placing […] Posted by: Leon Newton Read more
Panattoni submits plans for 420,000 sq ft speculative logistics development May 25, 2022 Panattoni, the largest industrial real estate developer in Europe, has submitted a planning application for one of the largest speculative logistics facilities in South Yorkshire.The application is for a 417,570 sq ft facility, called Panattoni Doncaster 420, next to Doncaster Sheffield Airport. Panattoni acquired the 18.4-acre site with outline planning consent from Peel L&P in […] Posted by: Leon Newton Read more
Church of England to set up housing association May 25, 2022 The Church of England is set to create a national housing association that will look to tackle the housing crisis and become a major provider of social housing.Today’s announcement comes more than a year after a commission set up by Archbishop of Canterbury Justin Welby published a report titles Coming Home: Tackling the Housing Crisis […] Posted by: Leon Newton Read more
Once in a lifetime regeneration scheme unveiled at Canada Water May 25, 2022 Delivering up to 3,000 new net zero homes, office space for an estimated 20,000 workers and up to one million sq. ft. of leisure, cultural and education facilities, the 53-acre Canada Water masterplan is a once in a generation opportunity to reimagine a 21st century town centre for London. Located in the heart of London […] Posted by: Leon Newton Read more