Chancerygate acquires Essex site, with £11m industrial scheme planned Sep 6, 2021 Developer Chancerygate has acquired a former 2 Sisters Food Group site in Witham, Essex, to speculatively build around 58,000 sq ft of Grade A industrial and warehousing space. Subject to planning, the 2.49-acre development will comprise ten freehold units ranging from 4,166 sq ft to 7,427 sq ft and will have a gross development value […] Posted by: Mya Driver Read more
BP Pension Fund acquires four warehouse units in £26m deal with Tungsten Properties Sep 6, 2021 Tungsten Properties, one of the UK’s leading mid-box industrial and warehouse developers, has sold units 1 to 4 at its new warehouse and industrial project at Downs Road in Witney, Oxfordshire, to Ropemaker Properties, part of BP Pension Fund, in an off-market transaction for £26 million. Units 1-4 total 195,000 sq ft and are part […] Posted by: Mya Driver Read more
Developer Cordia Blackswan announces five new appointments Sep 2, 2021 Birmingham-based property developer, Cordia Blackswan, has strengthened its team with five new appointments to support their placemaking-led development ethos. The new hires will play a key role in the delivery of the company’s current and future projects across the city, creating over 2000 homes and a range of office and retail spaces. Andras Karpati has […] Posted by: Mya Driver Read more
CAPITAL&CENTRIC get green light to transform Farnworth market precinct Sep 2, 2021 Social impact developer CAPITAL&CENTRIC has been given the go ahead for its plans to transform the former Farnworth market precinct into a vibrant new town centre community. Bolton Council’s Planning Committee approved an outline planning application for the regeneration proposals at its meeting on Thursday 2nd September. The stars of BBC2 documentary Manctopia have been […] Posted by: Mya Driver Read more
LondonMetric acquires life sciences asset in Cardiff Sep 2, 2021 LondonMetric Property Plc announces the acquisition of an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%. The 119,000 sq ft warehouse is let to Global Life Sciences Solutions, trading as Cytiva, on a new ten year lease with RPI linked rent reviews of between 1% and 3%. The building […] Posted by: Mya Driver Read more
Glentrool Estates talented team with new project manager Sep 1, 2021 Glentrool Estates Group, the Yorkshire-based property development and investment company, has appointed Rebecca Hailey as Project Manager. Rebecca joins Glentrool from property consultancy JLL where she was an associate director and chartered building surveyor for 14 years. She previously worked for Montague Evans Building Consultancy and Baily Garner in London. Her clients included Legal and […] Posted by: Mya Driver Read more
Catesby Estates sells 76-acre site to Council and Developer JV Sep 1, 2021 A Warwickshire site with planning permission for 620 homes has been sold to a council-backed partnership which will develop the scheme. Vistry and Warwick District Council’s housing company Milverton Homes have formed a joint venture to deliver the scheme on a 76-acre site in Kenilworth. Vistry was formed in 2020 by the merger of Bovis […] Posted by: Mya Driver Read more
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
