Royal London Asset Management acquires one of the largest collections of prime UK farmland Mar 26, 2024 At 21,000 acres and £260m, Royal London Asset Management has completed a rare opportunity to invest in quality and at meaningful scale in a joint venture with South Yorkshire Pension Authority (SYPA). Royal London Asset Management, on behalf of Royal London, today announces it has acquired 21,000 acres of prime farmland in a £260m joint […] Posted by: Mya Driver Read more
Avant Homes submits plans for £70m 314-home development in Elland Mar 26, 2024 Housebuilder Avant Homes has submitted plans to deliver a £70m multi-tenure development comprising 314 new build residential properties in Elland. Called Coppice Quarter and located off Exley Lane, the proposed 27-acre development will comprise a mix of two-, three-, four- and five-bedroom homes. The development will feature 14 of Avant Homes’ practically designed, energy efficient […] Posted by: Mya Driver Read more
ICG Real Estate provides £100 million development loan to Salboy to fund new 556-home Manchester development Mar 26, 2024 ICG Real Estate, the real estate division of ICG, has provided a £100 million loan to Salboy Limited to fund the development of a major 556 build-to-sell residential scheme in Manchester’s ‘Green Quarter’ district. Sitting on the site of the former Boddington Brewery directly opposite Manchester Arena and Manchester Victoria station, Waterhouse Gardens is well […] Posted by: Mya Driver Read more
Thousands of jobs to be created at multi-million-pound green energy park Mar 25, 2024 Hull City Council’s cabinet has today given the green light for a multi-million-pound innovative scheme at the former Hedon Aerodrome with is expected to create thousands of new jobs. The land, now known as Yorkshire Energy Park, is allocated as part of the Humber Freeport to the east of Hull. Cabinet’s decision means that implementation […] Posted by: Mya Driver Read more
Grosvenor expands residential debt platform Mar 25, 2024 Grosvenor Property UK has today announced a significant expansion of its residential debt strategy, building on the success of its initial £120m allocation. Over the next ten years, Grosvenor will look to allocate £900m of debt funding to support housing delivery, comprised of new funding and recycling capital from existing and future lending. Launched in April 2023, Grosvenor’s residential debt strategy is part of a wider £900m regional investment portfolio, which also comprises retail and entertainment destination Liverpool ONE and c500,000 sq. ft […] Posted by: Mya Driver Read more
Helical agrees sale of 25 charterhouse square Mar 25, 2024 Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by global alternative investment manager, Ares Management (“Ares)”, for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value. Redeveloped by Helical in 2017, 25 […] Posted by: Mya Driver Read more
Aprirose agrees ground rent acquisition on trio of hotels Mar 25, 2024 Aprirose, the real estate investment company, has completed the purchase of the ground rents of three hotels in the UK which are part of the QHotels portfolio. The company has acquired the ground rents of Oulton Hall in Leeds, Slaley Hall in Northumberland and Crewe Hall in Cheshire from Lloyds Pension Fund. The QHotels portfolio, […] Posted by: Mya Driver Read more
Oxford & LCP secure planning for 340,000 sq ft Heathrow sustainable logistics development Mar 25, 2024 Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and developer, and Logistics Capital Partners (“LCP”), a best-in-class developer and asset manager of logistics real estate across Europe, have secured planning permission to develop c. 340,000 sq ft of technologically advanced and environmentally sustainable logistics space on a 15-acre brownfield site adjacent […] Posted by: Mya Driver Read more
£20million economic boost to West Yorkshire predicted as Yorkshire prepares to welcome 12,000 property, construction and government leaders at UKREiiF Mar 23, 2024 Yorkshire is steadily preparing for the arrival of UKREiiF (The UK’s Real Estate Investment and Infrastructure Forum) in May, as event organisers confirm over 12,000 official event delegates are expected to be in attendance which will have a £20m boost on the local economy. Launching in 2022 UKREiiF has quickly become the UK’s leading platform […] Posted by: Nathan Spencer Read more
HM Land Registry and The Coal Authority announce UKREiiF 2024 partnership Mar 22, 2024 HM Land Registry and The Coal Authority have partnered once again, for the second year, at UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), which is set to take place between 21-23 May, in Leeds. HM Land Registry is a UK government department, created in 1862 to register the ownership of land and property in […] Posted by: Mya Driver Read more