Clarion Partners Europe extends UK footprint with £51 million acquisition of modern logistics facility in the North West of England Jun 20, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has acquired, on behalf of its UK-only logistics fund, an institutional-quality logistics facility in Haydock, near Warrington, for £50.8 million. The vendor is Warrington Borough Council. Constructed in 2019, the 381,146 sq. ft. property is fully let to Movianto […] Posted by: Mya Driver Read more
Sirius Real Estate completes on c. £31 million of acquisitions and disposes of two assets in the UK Jun 20, 2024 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has completed on the acquisitions of two industrial assets in the U.K., in Banbury, just north of Oxford, and Wembley, for just over £31 million, representing a 9.2% net initial […] Posted by: Mya Driver Read more
EMV Capital Takes Over Management of Martlet Capital Jun 19, 2024 EMV Capital, a UK venture capital firm specialising in deep tech and life sciences, has taken over as the investment manager for Martlet Capital, a seed-stage venture capital firm based in Cambridge. Originally launched in 2011 as the investment arm of aerospace and defence technology producer Marshall Group, Martlet Capital became an independent entity in […] Posted by: Mya Driver Read more
£40 Million Logistics Facility Planned for Stevenage by Wrenbridge and Fiera Real Estate Jun 19, 2024 Wrenbridge and Fiera Real Estate have acquired a 5-acre site on the Pin Green Industrial Estate in Stevenage. The off-market transaction was completed for an undisclosed amount. The partnership plans to develop a £40 million gross development value (GDV) logistics facility on the site, spanning 120,000 square feet. The new facility is designed to meet […] Posted by: Mya Driver Read more
Anglia Square Redevelopment Opportunity Jun 19, 2024 Knight Frank has been appointed by Columbia Threadneedle Investments to market the Anglia Square redevelopment opportunity in Norwich city centre. This site is available with a guide price of £8.5 million. The Anglia Square site has planning permission for a mixed-use development that includes up to 1,100 residential units and 8,000 square metres of flexible […] Posted by: Mya Driver Read more
Westminster Council to Approve Marylebone Redevelopment Plan Jun 19, 2024 Plans by AHMM to redevelop an entire city block in Marylebone have been recommended for approval by Westminster planning officers. The proposal features an eight-storey mixed-use development that includes 28,000 sq m of office space and 17 homes on land bounded by Baker Street, Blandford Street, Dorset Street, and Broadstone Place. The project is a […] Posted by: Mya Driver Read more
Peterborough Council Endorses Affordable Housing Plan Jun 19, 2024 Peterborough City Council’s cabinet has approved a new housing strategy aimed at increasing affordable housing and addressing homelessness in the city. The Peterborough Housing Strategy for 2024-29, backed on Monday, is set to be presented to the full council for final adoption next month. The strategy outlines four primary housing priorities, including the provision of […] Posted by: Mya Driver Read more
Milton Keynes Council Plans to Build 40% Affordable Homes Jun 19, 2024 Milton Keynes City Council (MKCC) will launch a public consultation next month on the MK City Plan 2050, aiming to shape the city’s growth up to 2050. The council’s priorities include increasing affordable family homes, investing in infrastructure, protecting green spaces, and fostering job creation. The Draft MK City Plan 2050 outlines a strategy for […] Posted by: Mya Driver Read more
Weston Homes secured resolution to grant planning consent for £220m residential development Jun 19, 2024 Weston Homes has gained a resolution to grant outline planning consent from Colchester City Council for a new £220 million (GDV) residential development, Viridis, in Stanway, Colchester providing up to 600 new homes. The new scheme will feature a mix of 420 private units and 180 affordable units, complete with large areas of high-quality public […] Posted by: Mya Driver Read more
Great Yarmouth Council Seeks Developer for Major Regeneration Project Jun 18, 2024 Great Yarmouth Borough Council has announced an initiative to find a master developer to partner with for a significant regeneration project at North Quay. This ambitious scheme aims to revitalise the area and bolster local economic growth. The council has secured substantial funding for the project, including £20 million from the Government’s Levelling Up Fund […] Posted by: Mya Driver Read more
