Liverpool Seeks Development Partner Sep 3, 2024 Liverpool City Council is in search of a development partner to transform the 28-acre Festival Gardens site, with the goal of awarding the contract by October 2025. The brownfield site, located just ten minutes from Liverpool city centre, is a key component of the city’s broader housing strategy. The site, which has been earmarked for […] Posted by: Mya Driver Read more
Newlands Property Group Acquires Equites Property Fund’s UK Interests, Boosting Logistics Portfolio Sep 3, 2024 Newlands Property Group Limited (NPGL) has finalised the acquisition of Equites Property Fund’s interests in the Equites Newlands Group Limited development platform. This acquisition includes Special Purpose Vehicles (SPVs) associated with logistics projects in Cambridge, Rushden, Northampton, and additional sites in Egham, Peterborough, and Goldthorpe, subject to certain conditions. The joint control of projects near […] Posted by: Mya Driver Read more
KKR and Mirastar Acquire Northern Logistics Portfolio Sep 3, 2024 KKR and Mirastar have acquired five logistics units across Sheffield, Salford, Crewe, and Liverpool, totalling 890,000 sq ft. The largest unit, a 346,000 sq ft facility in Sheffield, is leased to Advanced Supply Chain Group. The assets were developed by PLP UK Logistics Venture 1, backed by investors like Ivanhoé Cambridge and The Peel Group. […] Posted by: Mya Driver Read more
Newcore Capital Acquires UK’s Largest Electric Vehicle Hub Sep 3, 2024 Newcore Capital has secured the long leasehold interest in the Welcome Break service area at South Mimms, Hertfordshire, which is recognised as the largest electric vehicle hub in the UK. The site will remain let to Welcome Break until 2036. This acquisition underscores Newcore Capital’s ongoing focus on social infrastructure investments across the UK. This […] Posted by: Mya Driver Read more
Leaders Romans Group announce UKREiiF 2025 pavilion Sep 3, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that Leaders Romans Group (LRG) have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. LRG is one of the UK’s largest property services groups, having grown both organically and through strategic acquisitions. Backed by leading private equity […] Posted by: Mya Driver Read more
Aviva Investors adds Venture Capital capability to rebranded Private Markets business Sep 2, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has added a dedicated Venture Capital (‘VC’) and Strategic Capital capability to its investment offering, as part of a wider project to restructure its Real Assets business, which has been rebranded as Aviva Investors Private Markets. The new dedicated ‘VC and Strategic Capital’ […] Posted by: Mya Driver Read more
Brookfield Seeks Buyer for £500m Citypoint Tower in London Sep 2, 2024 Brookfield, the Canadian investment firm, has placed the Citypoint skyscraper in London up for sale with an asking price of £500 million. The sale comes as the company looks to secure a buyer ahead of the building’s approaching debt maturity. Citypoint, a prominent feature of London’s skyline, has attracted interest due to its prime location […] Posted by: Mya Driver Read more
Rightmove Shares Surge as REA Group Considers Acquisition Sep 2, 2024 Shares in Rightmove, the UK’s largest property portal, rose by 25% on Monday following the news that Australian property listings company REA Group, backed by Rupert Murdoch’s News Corp, is considering a potential acquisition. The deal would value Rightmove at £5.4 billion. REA Group, which sees “clear similarities” between the two companies, described the potential […] Posted by: Mya Driver Read more
German Developer Returns to UK with £80m Logistics Project in East Midlands Sep 2, 2024 Invesco Real Estate, the global real estate investment arm of Invesco, has partnered with Garbe Industrial Real Estate to develop a substantial logistics site in Worksop, East Midlands. The joint venture marks Garbe’s first new investment in the UK since before the global financial crisis. The project will see the development of two buildings covering […] Posted by: Mya Driver Read more
Londonmetric transacts on £120 million of acquisitions and disposals Sep 2, 2024 LondonMetric Property Plc (“LondonMetric” or “Company”) announces that it has transacted on £70 million of warehouse acquisitions and £50 million of non core disposals. The £70 million of acquisitions consist of seven warehouses with a WAULT of 15 years, acquired at a blended NIY of 5.8%, rising to a minimum of 6.1% over the next […] Posted by: Mya Driver Read more
