Focus Estate Fund Makes UK Debut with Acquisition of Wrexham’s Island Green Retail Park Feb 29, 2024 Focus Estate Fund has recently secured the Island Green Retail Park in Wrexham. This acquisition signifies the fund’s first foray into the United Kingdom, a move that showcases its ambition to broaden its footprint in the global commercial real estate sector. The retail park, boasting a Gross Internal Floor Area of 103,305 square feet, hosts […] Posted by: Mya Driver Read more
Top-Secret Buyer Scores 57-Acre Site in South Yorkshire for Redevelopment Feb 29, 2024 Watling Real Estate has completed the acquisition of a substantial 57-acre site in South Yorkshire, previously home to Bawtry Carbon Ltd, for an undisclosed amount on behalf of private clients. The site, known for its former use as a brickworks and later for manufacturing carbon cathode blocks for the aluminium smelting industry, represents a prime […] Posted by: Mya Driver Read more
Hull City Council Secures William Booth House for £1 Feb 29, 2024 Hull City Council has acquired the former hostel, William Booth House, from the Salvation Army for the symbolic sum of £1, marking a significant step towards revitalising the property. The council plans to engage with the local community to determine the best future use of the Hessle Road site, which has been vacant since April […] Posted by: Mya Driver Read more
Portsmouth Council Expands Housing Portfolio with Acquisition of 818 Homes Feb 29, 2024 Portsmouth City Council has officially become the landlord for nearly 800 households following the completion of a substantial social housing purchase on 26 February 2024. This move, involving the acquisition of 747 homes in its initial phase from Clarion Housing Group, represents a significant expansion of the council’s role as a social housing provider in […] Posted by: Mya Driver Read more
Sun Venture Acquires London Hotel for Under £100 Million, Marking First Hospitality Venture Feb 29, 2024 Singapore-based investment manager Sun Venture has ventured into the hospitality sector by acquiring a 280-key hotel in central London for less than £100 million. The property, previously an office block, was purchased from UK asset manager Resolution Property, signifying Sun Venture’s diversification beyond its traditional focus on office and retail spaces. The acquisition of Hyatt […] Posted by: Mya Driver Read more
Custodian Property Income REIT Secures Deals Worth Over £29 Million Feb 29, 2024 Custodian Property Income REIT has successfully negotiated the sale of two additional properties, pushing its total disposal value for 2024 to approximately £29.6 million. This figure surpasses the book value of the properties by an impressive 24%, showcasing the company’s strategic acumen in the real estate market. With its focus on generating substantial income through […] Posted by: Mya Driver Read more
West Midlands to exhibit at UK’s biggest real estate conference for the first time Feb 29, 2024 The West Midlands has confirmed that it will exhibit at the UK’s Real Estate and Infrastructure Investment Forum (UKREiiF) in May. For the first time at UKREiiF, investment opportunities from Birmingham, Coventry and Warwickshire, Dudley, Sandwell, Solihull, Walsall and Wolverhampton will highlight the collective, transformational power of the West Midlands. Set to take place between […] Posted by: Mya Driver Read more
Great South West brings nationally strategic investable opportunities to UKREiiF Feb 29, 2024 The Great South West is a Powerhouse region with a £64bn economy, home to nationally strategic, long-term investable opportunities in key global industries which are critical to the success of the UK. The region – stretching from Cornwall, the Isles of Scilly and Devon to Dorset and Somerset – possesses an array of assets, exporting […] Posted by: Mya Driver Read more
Knight Property Group announces acquisition of further site in Bellshill for speculative development Feb 28, 2024 Plans are being developed for Delta 70, a new £15m industrial/logistics warehouse. Knight Property Group has announced plans to speculatively develop a new £15 million facility on a vacant six-acre site at Belgowan Street in Bellshill, North Lanarkshire. The new development will be branded Delta 70, and subject to planning consent, will offer 70,000 sq […] Posted by: Mya Driver Read more
University of Portsmouth Engages in £250 Million Campus Revamp Feb 28, 2024 The University of Portsmouth is embarking on an extensive £250 million redevelopment project, aiming to enhance its campus facilities while actively involving student input. The redevelopment plan includes the introduction of a new Student Hub, a modern Technology building, a teaching laboratory, and upgrades to the Victoria Park site, addressing both the academic and wellbeing […] Posted by: Mya Driver Read more
