£300m Whipps Cross Hospital transformation begins with huge demolition phase Mar 30, 2021 Demolition work is due to begin at Whipps Cross Hospital next month, paving the way for a £300m redevelopment of the East London-based Barts Health Trust institution. The Squibb Group have been appointed to clear disused buildings on the nurses’ site, the first phase of a massive rebuilding project which will see the hospital completely […] Posted by: Mark Flanagan Read more
Investors playing long game push Aviva through £1bn barrier Mar 30, 2021 Aviva Investors’ Real Estate Long Income team (RELI) secured a record £1bn of new capital commitments during 2020 according to figures released by the company today. The investments came from a mixture of local authority and institutional mandates, with investors increasingly seeking resilient income streams that can also offer cashflow matching characteristics. Of the £1bn, […] Posted by: Mark Flanagan Read more
Build UK’s easier-to-operate procurement pre-qualification system up and running Mar 30, 2021 A new industry-wide, pre-qualification system which will simplify the procurement process is now fully operational. Created by Build UK, with the support of CECA, the Common Assessment Standard (CAS) is designed reduce the duplication of time, effort and resources that are costing the sector up to £1bn a year. Major contractors and clients – including […] Posted by: Mark Flanagan Read more
Major new Derbyshire warehouse hub set for Midlands Main Line link-up Mar 29, 2021 The owners of a proposed rail-connected warehouse scheme in Derbyshire hope it will become a major distribution hub for the Midlands. New Stanton Park, situated just off junction 25 of M1, sits adjacent to the Midland Main Line and current plans have it capable of accommodating the largest of goods locomotive thanks to a 935-metre-long […] Posted by: Mark Flanagan Read more
Premcor and Peveril join forces to secure 18-acre slice of Sheffield Business Park Mar 29, 2021 A joint venture between UK property development companies Premcor and Peveril Securities has secured its first ever South Yorkshire site with plans for 300,000 sqft of industrial accommodation. The partnership has bought the 18-acre phase 4 site at Sheffield Business Park – one of the last remaining development opportunities on the 200-acre development – for […] Posted by: Mark Flanagan Read more
Planners approve ambitious £300m East London dock redevelopment Mar 29, 2021 London + Regional has got planning permission for its £300m redevelopment of the Albert Island docks site in East London. Designed by Haworth Tompkins and industrial architect Ashton Smith, the scheme makes provision for a modern boatyard facility and marina, multi-storey last-mile distribution warehousing and light industrial buildings, long-term storage and flatted factory typologies, as […] Posted by: Mark Flanagan Read more
Bluemantle celebrates heritage as part of its £262m regeneration plan for former loco works Mar 29, 2021 Property developers Bluemantle has unveiled the heritage plans for Rivington Chase, its £262m redevelopment scheme of the former Horwich Loco Works near Bolton. After extensive consultation with the local community and key stakeholders, the plans for a heritage and community core have been put forward by North West architects Cass Associates. The proposed plans include […] Posted by: Mark Flanagan Read more
Prime Minister to host green industries investment summit Mar 29, 2021 The government is hoping to showcase the UK’s green industry credentials at a summit of “some of the world’s leading businesses” this October. Hosted by the Prime Minister and supported by members of the Royal Family, it is expected to attract hundreds of the world’s leading businesses and investment A-listers to London and Windsor Castle, […] Posted by: Mark Flanagan Read more
Huge interest as BentallGreenOak makes European logistics debut Mar 26, 2021 BentallGreenOak’s European Core+ Logistics Fund has attracted €695m in commitments from more than 20 global institutional investors. The Fund, the company’s first entirely dedicated to the European logistics sector, had an initial target of €500m. It will allow BGO to pursue opportunities across the logistics spectrum, including e-commerce, last mile, temperature controlled and distribution assets. […] Posted by: Mark Flanagan Read more
Palace of Westminster restoration offers up £80m in surveyor contracts Mar 26, 2021 Almost £80m in surveyor contracts were made available this week as part of the biggest heritage restoration project ever undertaken in the UK – the £4bn Palace of Westminster upgrade. Firms interested have until May 4th to stake their claim for a place on the framework, which has been structured with eight lots and contracts […] Posted by: Mark Flanagan Read more
