Custodian Property Income REIT Secures Deals Worth Over £29 Million Feb 29, 2024 Custodian Property Income REIT has successfully negotiated the sale of two additional properties, pushing its total disposal value for 2024 to approximately £29.6 million. This figure surpasses the book value of the properties by an impressive 24%, showcasing the company’s strategic acumen in the real estate market. With its focus on generating substantial income through […] Posted by: Mya Driver Read more
West Midlands to exhibit at UK’s biggest real estate conference for the first time Feb 29, 2024 The West Midlands has confirmed that it will exhibit at the UK’s Real Estate and Infrastructure Investment Forum (UKREiiF) in May. For the first time at UKREiiF, investment opportunities from Birmingham, Coventry and Warwickshire, Dudley, Sandwell, Solihull, Walsall and Wolverhampton will highlight the collective, transformational power of the West Midlands. Set to take place between […] Posted by: Mya Driver Read more
Great South West brings nationally strategic investable opportunities to UKREiiF Feb 29, 2024 The Great South West is a Powerhouse region with a £64bn economy, home to nationally strategic, long-term investable opportunities in key global industries which are critical to the success of the UK. The region – stretching from Cornwall, the Isles of Scilly and Devon to Dorset and Somerset – possesses an array of assets, exporting […] Posted by: Mya Driver Read more
Knight Property Group announces acquisition of further site in Bellshill for speculative development Feb 28, 2024 Plans are being developed for Delta 70, a new £15m industrial/logistics warehouse. Knight Property Group has announced plans to speculatively develop a new £15 million facility on a vacant six-acre site at Belgowan Street in Bellshill, North Lanarkshire. The new development will be branded Delta 70, and subject to planning consent, will offer 70,000 sq […] Posted by: Mya Driver Read more
University of Portsmouth Engages in £250 Million Campus Revamp Feb 28, 2024 The University of Portsmouth is embarking on an extensive £250 million redevelopment project, aiming to enhance its campus facilities while actively involving student input. The redevelopment plan includes the introduction of a new Student Hub, a modern Technology building, a teaching laboratory, and upgrades to the Victoria Park site, addressing both the academic and wellbeing […] Posted by: Mya Driver Read more
Milton Keynes Set for Major Revamp with Brunel Centre Redevelopment Feb 28, 2024 Milton Keynes City Council is gearing up to endorse a transformative plan for the Brunel Centre and adjacent former retail spaces in Bletchley, envisioning a bustling hub of housing and leisure. This redevelopment of the 6.4-acre site is anticipated to incorporate high-density residential areas alongside a variety of leisure facilities, potentially embracing high-rise structures. Following […] Posted by: Mya Driver Read more
London Set for Major Role in £700 Million South Bank Redevelopment Following Green Light Feb 28, 2024 Communities Secretary Michael Gove has approved the £700 million redevelopment plan for the former ITV studios on London’s South Bank, paving the way for a major transformation by CO-RE and Mitsubishi Estate. The project, envisaged by architecture firm Make, will replace the iconic 24-story London Television Centre at 72 Upper Ground with two new office […] Posted by: Mya Driver Read more
Union Square in Aberdeen Sold for £111 Million Amid Strategic Asset Disposal Feb 28, 2024 The Union Square shopping centre, a prominent retail and leisure hub in Aberdeen, has been acquired by a US-based affiliate of the Lone Star Real Estate Fund for £111 million. This sale concludes Hammerson’s targeted strategy to shed non-core UK assets, with the property developer announcing that the transaction is set to complete by the […] Posted by: Mya Driver Read more
Edinburgh’s Housing Horizon Expands with Over £1 Billion Development by Summix Feb 28, 2024 Regeneration company Summix has secured a 15.5-acre site in west Edinburgh, previously utilised by Spanish paper and cardboard company Saica, heralding a significant move towards addressing the housing needs within the city. This acquisition is in line with Edinburgh’s City Plan 2030, which highlights the Maybury site’s potential for the development of over 1,000 new […] Posted by: Mya Driver Read more
UKREiiF to join Connected Places Summit 2024 Feb 28, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) have confirmed they will be attending the Connected Places Summit, taking place between 20th -21st March, in London. The Connected Places Summit will being together national and local government, industry, SMEs, investment, academia and the third sector for two days of interactive content, live project showcases […] Posted by: Mya Driver Read more