Oxenwood and HBD strike funding deal to bring forward 1,000 new jobs Sep 1, 2021 1,000 new jobs have taken a step closer after developer HBD signed a deal to deliver 426,000 sq ft of new industrial space at its New Horizon scheme in Nottingham following a £53.8m forward-funding deal with Oxenwood Real Estate. The forward funding partnership is with Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by […] Posted by: Mya Driver Read more
Eagle Street Partners Acquires Hertz House Sep 1, 2021 Eagle Street Partners, the pan-European real estate investment and asset manager, has announced its acquisition of the prominent office building Hertz House in Uxbridge, West London. The high-profile, modern offices, totalling almost 70,000 sq. ft. over four floors, are the current UK headquarters of the building’s tenants, the automotive rental company Hertz Europe. The office […] Posted by: Mya Driver Read more
CDL Hospitality Trust Forward Funds Fiera & Packaged Living’s 352 BtR Scheme Sep 1, 2021 Fiera Real Estate and Packaged Living are pleased to announce the forward funding of the 25 storey, 352-unit build-to-rent scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts. The development, which will be known as “The Castings”, has a GDV of over £73m and is due to complete in Q2 2024. The […] Posted by: Mya Driver Read more
UK Government Launches Plan to Unlock £4bn Hydrogen Sector Investment Aug 18, 2021 Tens of thousands of jobs, billions of pounds in investment and new export opportunities will be unlocked through Government plans to create a thriving low carbon hydrogen sector in the UK over the next decade and beyond, the Business and Energy Secretary Kwasi Kwarteng has set out on 17th August. The UK’s first-ever Hydrogen Strategy […] Posted by: Mya Driver Read more
£90m of Government and Industry Green Investment Announced Aug 18, 2021 Electric car batteries which can charge in just 12 minutes are among green automotive tech projects to be awarded more than £91 million of government and industry funding. Four projects have been awarded funding through the Advanced Propulsion Centre (APC) Collaborative Research and Development competition, which supports the development of innovative low carbon automotive technology. […] Posted by: Mya Driver Read more
Firethorn Trust Acquires 37-acre Logistics Site in Yorkshire Aug 18, 2021 Real estate investor and developer, Firethorn Trust, has acquired a substantial site at Sherburn-in-Elmet in Leeds, as it continues to grow its national logistics portfolio. The 37-acre logistics site forms part of the wider Sherburn2 scheme, which spans 75-acres and is owned by Yorkshire-based development and investment company, Glentrool Estates Group Ltd. Firethorn has now […] Posted by: Mya Driver Read more
Persimmon Announces Strong Half Year Results Aug 18, 2021 Persimmon Plc has announced its half year results for the six months ended 30 June 2021. Dean Finch, Group Chief Executive, said: “Persimmon’s first half performance has been robust. In particular, I am pleased we have delivered strong growth in legal completions whilst also achieving higher levels of build quality and customer satisfaction. “We made […] Posted by: Mya Driver Read more
Anchor Hanover submits application for extra care home on Woodford Aerodrome site Aug 16, 2021 Anchor Hanover has submitted a planning application for 104 Extra Care homes on the former Woodford Aerodrome site on Chester Road in Woodford, south of Stockport. The scheme has been designed by Brewster Bye Architects. Anchor Hanover, England’s largest not-for-profit provider of specialist housing and care for people in later life, recently exchanged contracts with […] Posted by: Mya Driver Read more
EQT Exeter acquires major distribution warehouse in £102m deal Aug 16, 2021 LondonMetric has announced that it has exchanged on the sale of its distribution warehouse in Thrapston, Northamptonshire, to EQT Exeter for £102.0 million, reflecting a NIY of 4.1%. The 785,000 sq ft warehouse is let to Primark for another 11 years at a rent of £4.4 million pa. LondonMetric acquired the property in 2013 for […] Posted by: Mya Driver Read more
Aldermore provides £4.2.m commercial refinance loan for 69 homes Aug 16, 2021 Aldermore bank has provided a £4.2m commercial residential refinance loan to returning customer, McIver Homes, an independent house builder and build-to-rent developer in the North East of England. McIver Homes is a family grown business which employs local people to support the local communities in which they build in and currently has a portfolio of […] Posted by: Mya Driver Read more
