Aldar and Carlyle to Enhance UK Logistics Network with £85 Million Investment in 14 Warehouses Feb 8, 2024 In a strategic move aimed at bolstering the UK logistics sector, Aldar Properties, alongside investment powerhouse Carlyle, has earmarked £85 million for the acquisition and development of 14 key warehouse sites across the UK. This investment highlights the commitment of both firms to the strengthening and expansion of Britain’s logistics infrastructure amidst growing market demands. […] Posted by: Mya Driver Read more
Urbanite Living Announces £130 Million Sale of Nationwide Student Accommodation Portfolio Feb 8, 2024 Urbanite Living has put its extensive portfolio of 999 student flats, valued at £130 million, on the market. This portfolio spans across the UK, featuring properties in key cities such as Leeds, York, Glasgow, and others, underscoring the company’s strategic shift towards reinvesting in new ventures. Over the past five years, Urbanite Living has focused […] Posted by: Mya Driver Read more
Schroders Capital launches UK’s first renewables and energy transition infrastructure dedicated Long-Term Asset Fund Feb 7, 2024 Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF). This is the UK’s first LTAF exclusively dedicated to renewable energy and energy transition infrastructure, and a landmark opportunity for UK pension savers to invest in this strategically important […] Posted by: Mya Driver Read more
Logicor secures planning for major redevelopment in the North West Feb 7, 2024 Logicor, a leading owner, manager and developer of European real estate has reached a significant milestone in its UK redevelopment programme as planning is secured for a 330,000 sq ft, highly sustainable warehouse in the North West. The site at Little Hulton was the previous base for retailer Littlewoods, and once completed, will be known […] Posted by: Mya Driver Read more
Transport for London open consultation for Docklands Light Railway expansion Feb 7, 2024 Transport for London (TfL) has initiated a public consultation to gather valuable input on the proposed extension of the Docklands Light Railway (DLR). The envisioned expansion entails stretching the railway from Gallions Reach to Thamesmead, passing through Beckton Riverside, with the potential to pave the way for the development of approximately 30,000 new homes along […] Posted by: Mya Driver Read more
£88m forward funding deal agreed for Yardhouse with City Developments Limited Feb 7, 2024 HUB have agreed a forward-funding deal with Singapore-based real estate developer City Developments Limited (CDL) to deliver Yardhouse, an innovative mixed tenure scheme in Wood Lane, west London, in partnership with Bridges Fund Management Ltd. The project, designed by Allford Hall Monaghan Morris, will deliver 209 co-living homes alongside high-quality amenity spaces and two roof terraces, […] Posted by: Mya Driver Read more
Barratt Developments strikes £2.5bn deal with Redrow PLC Feb 7, 2024 Barratt Developments has unveiled a significant £2.5 billion acquisition deal to merge with its competitor, Redrow. The financial arrangement offers Redrow investors a premium of 27.2%, with the valuation derived from Redrow’s closing share price on February 6th, 2024. As part of the agreement, Redrow shareholders will possess up to a third of the rebranded […] Posted by: Mya Driver Read more
Integrity International Acquires Historic Atlas House and Crescent for London Portfolio Expansion Feb 7, 2024 Integrity International Group has announced the acquisition of the historic Atlas House and the adjacent Crescent buildings, positioned in the heart of London. These properties are set to enhance the group’s luxury portfolio, which already includes several prestigious hotels and residences across the city. Atlas House, a Grade II listed building, is located near significant […] Posted by: Mya Driver Read more
Landmark £100m+ Prestwich Village regeneration plans submitted Feb 7, 2024 Plans to transform the centre of Prestwich Village into a thriving heart of the community have been submitted to Bury Council. Prestwich Regeneration LLP – the joint venture between nationwide placemaker Muse and Bury Council – has lodged a planning application for the £100m+ regeneration of the Longfield Centre site. The ambitious plans are set […] Posted by: Mya Driver Read more
Stoneweg and Teras Capital to invest £50 million to develop UK’s largest wave park in Birmingham, as part of recently launches pan-European urban surf destination strategy Feb 7, 2024 Stoneweg InfraSport, the recently launched partnership between Stoneweg and Teras Capital focused on the acquisition, development and operation of man-made urban surf destinations across Europe, has acquired the former Emerge Surf development site in Coleshill, Birmingham, from IM Properties, where it intends to deliver the UK’s largest wave park. The c. £50 million commitment represents […] Posted by: Mya Driver Read more
