UKREiiF announces The Pitch finalists Apr 25, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), its platinum partner The Pagabo Group and B Corp-certified placemaking specialists Patch have announced the finalists for new and exciting initiative The Pitch. The Pitch is a brand-new platform for innovators, disruptors, and problem-solvers to promote their business to an all-star audience of investors and a […] Posted by: Mya Driver Read more
Aviva Investors acquires three-unit industrial asset in Hampshire Apr 24, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has acquired three industrial units in Hampshire, known collectively as Trilogy Park. Located in Segensworth Business Park and part of Concorde Way, a well-established and important industrial location on the South Coast of England, the three units together provide more than 125,000 sq […] Posted by: Mya Driver Read more
Norway’s Wealth Fund Set to Take Over Major UK Shopping Centre Apr 24, 2024 Norway’s sovereign wealth fund, Norges, is poised to acquire a significant share in Meadowhall, a key shopping centre in Sheffield, enhancing its position in the UK retail sector. Norges is nearing a deal to buy out British Land’s 50% stake in the centre for around £363 million. This strategic acquisition would place the total valuation […] Posted by: Mya Driver Read more
One To Watch: Croydon Seeks Local Insight for Town Centre Transformation Apr 24, 2024 Croydon Council is inviting local residents to participate in a series of workshops aimed at shaping the future of the town centre. These sessions are part of the council’s broader initiative to develop a comprehensive Town Centre Regeneration Strategy over the next 15 years. The initiative seeks to engage community groups, businesses, and local citizens […] Posted by: Mya Driver Read more
Gloucester Business Park Estate Sold to Wulff Capital for £2.1 Million Apr 24, 2024 Wulff Capital Holdings has acquired Block 13 Delta Way at Gloucester Business Park for £2.1 million. This strategic purchase was facilitated by ARA Europe, representing Straits Real Estate, a subsidiary of The Straits Trading Company. Block 13, a multi-let industrial estate, encompasses eight units across three terraces, covering a total area of 26,224 sq ft. […] Posted by: Mya Driver Read more
Enfield Seeks £260m Development Partner Apr 23, 2024 The London Borough of Enfield is actively searching for a development partner to take on the £260 Million redevelopment of Meridian Thirteen, a key part of the larger Meridian Water regeneration effort. The council aims to find a collaborator who will help realise a series of ambitious goals for the site. These objectives include maximizing […] Posted by: Mya Driver Read more
Valor completes £25 Million Acquisition of logistics assets Apr 23, 2024 Valor Real Estate Partners, Europe’s fastest growing last mile real estate specialist, has completed the acquisition of two multi-let urban logistics assets in London, in separate transactions, for c.£25 million. The highly reversionary, modern properties, totalling c.72,000 sq ft of lettable space, are located in established industrial submarkets, and extend Valor’s UK portfolio to 54 […] Posted by: Mya Driver Read more
Over 1,300 Homes Planned for New Garden Village in Lowestoft Apr 23, 2024 A substantial new development is on the horizon near the A47, with over 1,300 homes, a school, and a retirement complex planned for a garden village on the northern outskirts of Lowestoft. This initiative marks the first garden village in the area and is set to transform farmland owned by Suffolk County Council into a […] Posted by: Mya Driver Read more
CPC Project Services Ltd Transitions to Employee Ownership Apr 23, 2024 CPC Project Services LLP, a prominent quantity surveyor and construction project management firm, has completed its transition to an employee ownership trust, now operating as CPC Project Services Ltd. The company, established in London in 2011, reported a turnover of £29m for the year ending 31 July 2022, with a pre-tax profit of £5m. Under […] Posted by: Mya Driver Read more
Scottish National Investment Bank commits additional £20 million Apr 23, 2024 The Scottish National Investment Bank (the “Bank”) has committed a further £20 million to the Mid-Market Rent (“MMR”) strategy (“New Avenue Living” or the “Fund”) managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank’s follow-on investment will support the development of up to 100 new homes and takes its […] Posted by: Mya Driver Read more