Mailbox REIT becomes first company to have shares admitted to trading on new property focused stock exchange May 14, 2021 The Board of Mailbox REIT, a single asset REIT which owns the Mailbox, a large prime office-led mixed use property in Birmingham, is pleased to announce that dealings in its ordinary shares will commence at 0900 today on the International Property Securities Exchange (“IPSX”) under the ticker ‘MBOX’. Mailbox REIT will become the first company […] Posted by: Nathan Spencer Read more
LondonMetric Property continues growth with acquisition of three urban logistics warehouses May 14, 2021 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of three urban logistics warehouses in Croydon, Dunstable and Warrington for £18.7 million, reflecting a blended NIY of 4.3% and a reversionary yield of 5.3%. The warehouses have been acquired in separate transactions and have a WAULT of five years. In Croydon, a highly reversionary 28,000 sq ft […] Posted by: Nathan Spencer Read more
New board appointments at Homes for Scotland May 13, 2021 Homes for Scotland (HFS) has announced three new appointments to its Board following its Annual General Meeting last week. Those joining as company directors include: Beth McNeil – Regional Managing Director for Keepmoat Homes Fraser Conn – Managing Director for Bellway Homes West Scotland Fionna Kell – Director of Policy for Homes for Scotland Vice […] Posted by: Nathan Spencer Read more
GLA approve 1,200 apartment scheme as part of £1.5bn community development May 13, 2021 Redrow secures GLA approval for a further 1,200 new two- and three-bedroom apartments Sales success to date demonstrates demand for new homes in the area Colindale Gardens is a new £1.5 billion community in North West London Redrow has received approval from the Greater London Authority (GLA) for 1,200 new apartments at Colindale Gardens, Redrow’s […] Posted by: Nathan Spencer Read more
Patrizia makes new hires to grow its Real Estate Development team May 13, 2021 • Alastair Allan joins as Senior Associate and Tommy Village joins as an Analyst in the UK & Ireland Real Estate Development (RED) team.• Appointments further strengthen the RED team’s expertise in selecting development projects with strong potential and completing them to a world-class standard. Patrizia AG, a leading partner for global real assets, has […] Posted by: Nathan Spencer Read more
Atrato Group builds team to support renewable energy initiative May 13, 2021 Atrato Group, the alternative asset management and advisory group specialising in asset backed income strategies, announces the appointment of Gurpreet Gujral as Managing Director, Renewable Energy and Francisca Wiggins as Director, Renewable Energy. Atrato Group’s subsidiary Atrato Capital is the investment adviser to Supermarket Income REIT (“SUPR”), the owner of the largest portfolio of supermarket […] Posted by: Nathan Spencer Read more
33-storey tower, hotel and offices plans revealed for Leeds city centre site May 12, 2021 Plans to build high rise residential, offices and a hotel on the former site of Leeds International Pool are set to go before planning chiefs next week. A pre-application hearing will discuss the site, on which developers want to build two residential buildings, one student accommodation block and an “aparthotel”, complete with offices. Marrico Asset […] Posted by: Nathan Spencer Read more
Full steam ahead as £100m plans revealed for Darlington station redevelopment May 11, 2021 Tees Valley Mayor Ben Houchen has unveiled what a revitalised Darlington Station will look like once a major multi-million redevelopment is complete – meaning more frequent and better services across the region and beyond. The £100million scheme, which has been backed by the Tees Valley Mayor and Combined Authority with £25million, will see a raft […] Posted by: Nathan Spencer Read more
UK’s largest EV charging hub set to electrify retail destination May 11, 2021 The 236-bay hub will be installed in Brent Cross Shopping Centre car park, and will be delivered by leading electric vehicle charging provider Franklin Energy Hammerson and Aberdeen Standard Investments, joint owners of the flagship destination Brent Cross, have unveiled plans for a landlord owned EV charging facility in the destination’s car park. The hub […] Posted by: Nathan Spencer Read more
Gordon Murray Group creates new EV division in £300m investment plan May 11, 2021 The Gordon Murray Group has revealed plans to expand its automotive manufacturing and design divisions with £300m investment. The UK-based company, founded by renowned car designer Gordon Murray, plans to invest in vehicle design, production, research and development and hiring top talent. However, key to its success going forward will be the news that the […] Posted by: Nathan Spencer Read more