Chancerygate and Bridges Fund Management submit plans for £25m roadside development Aug 31, 2021 A joint venture between Chancerygate and Bridges Fund Management has submitted a planning application for 200,000 sq ft of trade counter, industrial and drive-through space in Peterborough, Cambridgeshire. This prime roadside development on 8.63 acres will be branded Bourges View, and is adjacent to the city’s premier out-of-town retail destination, Maskew Retail Park, which has […] Posted by: Nathan Spencer Read more
Regional REIT acquires 31 multi-let office assets in £236m deal Aug 31, 2021 Regional REIT Limited (LSE: RGL), the UK regional office specialist, has announced that it has acquired a major portfolio of 31 high quality, predominately multi-let office assets, from Squarestone Growth LLP, for a consideration price of £236.0m. The Board’s expectation is for the Acquisition to be earnings accretive, with significant additional value being achieved over […] Posted by: Nathan Spencer Read more
Responsible Housing REIT announces plans to raise £250m in supported housing accommodation plan Aug 31, 2021 Responsible Housing REIT has announced its intention to launch an initial public offering and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc. The Company’s investment objective is to generate a consistent and sustainable […] Posted by: Nathan Spencer Read more
NewRiver signs ‘Urban Mobility Hub’ portfolio deal with innovative parking solutions provider APCOA Aug 30, 2021 NewRiver has signed a portfolio agreement with APCOA, Europe’s largest car parking solutions operator, to deliver an innovative Urban Mobility Hub concept across the company’s £1 billion portfolio of community shopping centres and conveniently located retail parks. The new concept – Urban Mobility Hubs – will enhance the customer experience by offering customers convenient access […] Posted by: Nathan Spencer Read more
Countryside: Partnerships can help us build our way to a post-pandemic recovery Aug 30, 2021 By Andrew Taylor, Group Planning Director at Countryside Now restrictions implemented at the height of the pandemic have largely eased and an economic recovery is underway, the UK’s residential property sector, which has remained buoyant throughout the pandemic, is helping to fuel one of the fastest recoveries in Europe. During lockdown, measures to suppress the […] Posted by: Nathan Spencer Read more
Leading landlord becomes UK’s real estate investment and infrastructure forum sponsor Aug 26, 2021 Thirteen, a landlord and housing developer managing 35,000 properties between North Tyneside and Yorkshire, has signed up to UKREiiF. Leading landlord Thirteen has signed-up to exhibit at the inaugural UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) event, to be held in Leeds between 17-19 May 2022. Thirteen’s sign-up comes hot on the heels of […] Posted by: Nathan Spencer Read more
AIA and GLP form strategic investment partnership Aug 26, 2021 AIA Group has announced that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for […] Posted by: Nathan Spencer Read more
Green light for major BTR and PBSA scheme in Bath Aug 26, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, with a focus on the build to rent (BTR) and student accommodation (PBSA) sectors, is pleased to announce it has received resolution to grant planning permission for an over 600-home mixed-use BTR and PBSA scheme in Bath. The c£130m GDV scheme will […] Posted by: Nathan Spencer Read more
Stenprop continues multi-let industrial acquisition spree with £16m of purchases Aug 26, 2021 Stenprop, the UK multi-let industrial (“MLI”) property company, announces that is has acquired, in two separate transactions, Whitacre Industrial Park in Huddersfield and a portfolio of five MLI estates located across the UK, for a total consideration of £15.9 million. The combined purchase price reflects a net initial yield of 7.2% and a capital value […] Posted by: Nathan Spencer Read more
Avison Young secure investment portfolio of business centres on Teesside Aug 25, 2021 Avison Young acting on behalf of an undisclosed private investor has secured the purchase of The Tea Portfolio, a portfolio of business centres located within Middlesbrough and Stockton on Tees, providing 33,568sq.ft. of office accommodation and 57,281sq.ft. of industrial accommodation across three sites. The properties include the CadCam Centre, Riverside Park, Middlesbrough, Queensway Business Centre, […] Posted by: Nathan Spencer Read more
