Prime Development Opportunity Emerges as Maidenhead’s Nicholsons Car Park Set for Demolition Sep 7, 2023 Maidenhead’s Nicholsons Broadway Car Park, which has been closed since December 2022 due to structural concerns, is slated for demolition. The decision comes after parts of the car park’s ceiling collapsed, prompting its closure for health and safety reasons. The Royal Borough of Windsor and Maidenhead council has approved the demolition, with the process expected […] Posted by: Mya Driver Read more
RO Group Finalises Sale of Taunton Travelodge for £3.9 Million Sep 7, 2023 The RO Group has confirmed the sale of its prominent Taunton Travelodge property. Located at the Riverside Retail Park, Hankridge Farm in Taunton, the hotel has been acquired by The Independent Order of Oddfellows Manchester Unity Friendly Society’s Unity United (Property) Investment Fund. The transaction was settled at £3.9 million, indicating a net initial yield […] Posted by: Mya Driver Read more
UTB Finalises £22m Investment Portfolio Refinance and Capital Enhancement Sep 7, 2023 United Trust Bank (UTB) has announced the successful completion of a £22 million refinance and capital raise, using an investment portfolio as security. This strategic financial move has enabled the borrower to pursue and finalize additional acquisitions, in sync with their opportunistic investment plans. Osman Yusuf, the founder of Rangemist Limited, had the objective of […] Posted by: Mya Driver Read more
Port One Logistics Park Expands with Four New ‘Zero Carbon’ Units Following £20m Loan Sep 7, 2023 Port One Logistics Park, which is being developed by Curzon De Vere Limited, is approaching completion on four brand new, pre-let warehousing units, following a >£20m commercial property development loan with Secure Trust Bank (STB) Real Estate Finance. The units were constructed with eco credentials in mind, featuring significant EV charging ports and PV panels. […] Posted by: Mya Driver Read more
Empowering the Next Generation: A Conversation with student Luci Birtwhistle about her UKREiiF experience Sep 7, 2023 Recently, UKREiiF had the opportunity to sit down with Luci Birtwhistle, a fourth-year town planning student at Leeds Beckett University. The discussion centred around Luci’s experiences with UKREiiF and the organisation’s dedication to uplifting young professionals in the industry. UKREiiF: Luci, could you introduce yourself to our readers? Luci: I’m Luci Birtwhistle, pursuing town planning […] Posted by: Mya Driver Read more
The Future is bright: Young Professionals at UKREiiF Sep 7, 2023 Rider Levett Bucknall (RLB) and UKREiiF joined forces during the annual UKREiiF event to encourage participation from young professionals in the construction and property industry. Recognising the need for fresh perspectives and innovative ideas, they worked collaboratively to create an inclusive environment that fosters dialogue, networking, and collaboration. This partnership reflects a shared commitment to […] Posted by: Mya Driver Read more
UKREiiF welcomes UK’s Return to EU’s Horizon Programme Boosts Science Park Real Estate Prospects Sep 7, 2023 In a significant move that promises to reshape the landscape of science park real estate in the UK, the nation has officially rejoined the European Union’s Horizon science research programme. This decision, which follows prolonged negotiations, is set to usher in a new era of collaborative research, infrastructure development, and economic growth in areas surrounding […] Posted by: Mya Driver Read more
Rider Levett Bucknall join UKREiiF 2024 Sep 6, 2023 Leading independent construction, property and management consultant, Rider Levett Bucknall (RLB UK), has announced its third year partnering with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), hosting a Levelling Up panel to discuss progress, challenges and opportunities with key stakeholders within the built environment. Due to take place between 21-23 May 2024 in […] Posted by: Mya Driver Read more
Further transactions on Crewe business park Sep 6, 2023 Acting on behalf of PAGG Properties, Legat Owen has announced the sale of Europa House on Crewe Business Park to Sercon Limited for £595,000. The announcement follows on from the sale of Electra House also for PAGG Properties last year to Bond Estates, the investment arm of H. W. Coates Ltd, for an undisclosed sum. Located on Coppicemere […] Posted by: Mya Driver Read more
Sibling of Asda-Owning Billionaires, Acquires Iconic John Lewis Building in Aberdeen Sep 6, 2023 The iconic Norco House building, formerly known as the John Lewis building, has been acquired by millionaire property developer Zakir Issa for a sum of £270,000. Zakir Issa, a sibling of the billionaire Issa brothers who own the supermarket giant Asda, has shown a keen interest in Aberdeen’s property landscape. The Norco House building, situated […] Posted by: Mya Driver Read more
