Avant Homes propose £20.4 million project, consisting of 83 new homes in Wakefield Jan 22, 2024 Avant Homes has proposed a project to create a £20.4 million multi-tenure development consisting of 83 new homes in Wakefield. The project named Altofts Acres, is a 6-acre development situated off Wharfedale Drive, featuring a mix of one to four-bedroom homes, a selection of which will be designated as affordable housing. Work is expected to […] Posted by: Mya Driver Read more
Fund advised by DRC Savills Investment Management finances mixed-use portfolio in Cambridge owned by Tristan Capital Partners Jan 22, 2024 A fund advised by European investment advisor, DRC Savills Investment Management LLP (“DRC SIM”), has provided a whole loan to finance the acquisition of a portfolio of four industrial and office assets at Dales Manor Industrial Park purchased by EPISO 6, a fund managed by Tristan Capital Partners (“Tristan”). The portfolio, located in southern Cambridge, […] Posted by: Mya Driver Read more
Picture This and Progressive Living join forces for Redevelopment Project Jan 22, 2024 UK developers Picture This and Progressive Living have announced their collaboration to bring forth almost 250 residencies on the former site of the Ritz car park. In 2023, Stockport Council approved the sale of the Fletcher Street site to Progressive Living. Since then Progressive Living has teamed up with the recently established developer, Picture This […] Posted by: Mya Driver Read more
JR Capital and Chancerygate £150m urban logistics multi-let fund acquires South East portfolio for £14m Jan 22, 2024 JR Capital and Chancerygate’s £150m multi-let urban logistics investment fund has acquired a portfolio of three assets in the South East for a total of £14m. The three sites are in Luton, Alton and Farnham. Together, they comprise 28 units totalling 90,400 sq ft. The portfolio was sold by GMS Estates. The three assets range […] Posted by: Mya Driver Read more
Gen Two bolsters Cambridge life sciences portfolio with acquisition of third asset Jan 22, 2024 Gen Two Real Estate, the family-run life sciences developer and investor, has exchanged on a 10,800 sq ft high-quality life sciences building, ahead of completing on the deal later this year. This will mark the company’s second acquisition in Whittlesford, Cambridge, and its third within the South Cambridge bio-tech cluster, as the company continues to […] Posted by: Mya Driver Read more
Custodian Property Income REIT sells industrial unit at 9.5% premium to valuation Jan 22, 2024 Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Milton Keynes for £8.0m, representing a 9.5% or £0.7m premium to the 30 September 2023 valuation. Commenting […] Posted by: Mya Driver Read more
Google’s new 33-acre data centre in Hertfordshire Jan 22, 2024 Google has unveiled plans to broaden its data centre presence in the UK by establishing a fresh campus in Hertfordshire, situated just outside London. In a recent announcement, the tech behemoth shared news of commencing construction on a new facility spanning 33 acres in Waltham Cross, located to the north of London. In October 2020, […] Posted by: Mya Driver Read more
Plus X Innovation confirm UKREiiF 2024 Partnership Jan 19, 2024 Plus X Innovation have confirmed their involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo andis set to take place between 21-23 May 2024, in Leeds. Plus X Innovation creates collaborative workspaces, bringing together state-of-the-art equipment and facilities, game-changing innovation programmes, and vibrant communities helping […] Posted by: Mya Driver Read more
Exciting future for Newark Castle given the next green light Jan 19, 2024 Ambitious plans to create a new and improved visitor attraction at Newark Castle got another green light after plans were approved during Newark and Sherwood District Council’s Planning Committee last night (Thursday 18 January). Through a funding application via the National Lottery Heritage Fund along with a £3million allocation from Newark’s Towns Fund deal and […] Posted by: Mya Driver Read more
Clarion Partners Europe Acquires Prime 208,000 SF UK Golden Triangle Warehouse Jan 19, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, has completed the acquisition of a modern warehouse in Coventry, from BlackRock’s UK Property Fund, for £28.25 million. It represents the first investment on behalf of Clarion Partners Europe’s core-plus, closed-end UK logistics fund (the “Fund”), which last month achieved […] Posted by: Mya Driver Read more
