Developer redrafts £1bn city centre masterplan to transform 36-acre site Sep 15, 2021 The developer behind one of the UK’s largest regeneration sites has gone back to the drawing board to redraft the £1bn masterplan ‘to meet the demands of a post-Covid world’. The design teams behind The Island Quarter in Nottingham have changed their plans for the 36-acre site to create more leisure space – enhanced green […] Posted by: Mya Driver Read more
£170m Truro regeneration project set for approval Sep 15, 2021 A £170 million scheme to redevelop a major part of Truro city centre with homes, a university centre, community buildings, hotel, restaurants and shops will go before councillors for a decision – with planning officers recommending the scheme for approval. Cornwall Council has submitted the outline planning application for the Pydar Regeneration Scheme which would […] Posted by: Mya Driver Read more
UK Commercial Property REIT acquires retail park in £33m deal Sep 15, 2021 UK Commercial Property REIT Ltd, which is managed and advised by Aberdeen Standard Investments and owns a diversified portfolio of high quality income-producing UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site comprises approximately 143,000 sq ft […] Posted by: Mya Driver Read more
Valor acquires Birmingham warehouse as they continue UK growth strategy Sep 15, 2021 Valor Real Estate Partners, the pan-European urban logistics platform, has completed the acquisition of its first asset in Birmingham, as it looks to expand its footprint across key regional cities. Having amassed a c.£1bn UK portfolio predominantly focused in London, Valor is looking to selectively expand its regional footprint as it seeks to double the […] Posted by: Mya Driver Read more
Green light for two new Grade A office developments Sep 15, 2021 Wirral Growth Company has received planning approval for two new Grade-A office developments in Birkenhead, marking the first phase of its extensive regeneration masterplan. The announcement follows the recent approval of the formal site development plan for phase one of Birkenhead Town Centre’s masterplan, as well as the WiredScore Gold standard rating that the two […] Posted by: Mya Driver Read more
APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland Sep 9, 2021 APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries. The deal supports APCOA’s vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is […] Posted by: Mya Driver Read more
Far East Consortium strikes strategic development partnership with Capital & Regional Sep 9, 2021 Capital & Regional, the UK convenience and community focused shopping centre REIT, is pleased to announce it has signed an exclusivity agreement with a subsidiary of Far East Consortium International Limited (“FEC”), a leading international real estate developer, specialising in high quality residential, hotel and mixed-use developments in the UK, Asia and Australia. The agreement […] Posted by: Mya Driver Read more
Kerry Properties acquires London building in £145.5m deal Sep 9, 2021 BMO Commercial Property Trust Limited has disposal of Cassini House located in St. James’, London to Kerry Properties. The property is a prime multi-let freehold office building and represents the second largest holding in the portfolio. The Company has sold the property for a total consideration of £145.5million, reflecting a substantial increase of 11 per […] Posted by: Mya Driver Read more
U+I’s £800m Greenwich Peninsula scheme gets approval Sep 8, 2021 Developer U+I has received the green light for their £800m OMA designed scheme which includes four buildings up to 36-storeys in height. The mixed-use scheme will be built on the western side of the Greenwich Peninsula with work expected to begin in 2023. The project includes 1,500 new homes, 17,000 sq m of commercial space […] Posted by: Mya Driver Read more
Boxpark secures investment as they eye new sites outside of London Sep 8, 2021 The Boxpark retail, hospitality and leisure operator is to accelerate its expansion plans after securing new investment from LDC. The private equity firm will support the company’s management team as it looks to roll out new sites across the UK over the next five years. Founded in 2011 by Roger Wade, Boxpark currently has locations […] Posted by: Mya Driver Read more
