Strong partnership culture drives record annual revenues Jun 12, 2023 Results overview William Beardmore-Gray, Senior Partner and Group Chair, Knight Frank, said: “Commercial and residential property markets around the world have been challenged by rising inflation and interest rates, but I am proud to report strong revenues for Knight Frank within a robust set of results overall. “Capital markets, leasing activity and residential sales have […] Posted by: Mya Driver Read more
Disposal of Retail Property Jun 12, 2023 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 a high street retail unit in Cirencester at auction for £0.72m, in line with the 31 March 2023 valuation. Commenting on […] Posted by: Mya Driver Read more
Public engagement on Local Development Plan 2 to start Jun 9, 2023 People in East Lothian are being given an opportunity to have their say in response to consultations focused on plans to support the council’s vision of an even more prosperous, safe and sustainable county, with a dynamic and thriving economy that enables people and communities to flourish. A series of joint consultation events on related […] Posted by: Mya Driver Read more
Maslow Capital completes fund raise focused on supporting SME developers with industry leading rates Jun 9, 2023 Maslow Capital has successfully completed a fund-raise which is specifically focused on supporting SME developers. The institutionally backed fund will allow Maslow to provide industry-leading rates on loans between £10m and £35m. Amidst the backdrop of the Bank of England’s twelfth consecutive interest rate hike, Maslow is intensifying its support for small and medium-sized enterprise housebuilders […] Posted by: Mya Driver Read more
‘New Garden Square’: a new Moda Living masterplan Jun 9, 2023 Moda are delivering a major new urban community with up to 1,600 homes and £6m of public realm at ‘New Garden Square’ in Edgbaston, Birmingham, as part of an emerging UK-wide masterplan strategy for the business. With this masterplan strategy, which is already underway at several sites across the UK, Moda will be delivering and […] Posted by: Mya Driver Read more
£15m ‘boost’ will increase the number of Welsh electric vehicle charging points Jun 9, 2023 The funding, confirmed today by Deputy Climate Change Minister Lee Waters, will be used to help local authorities increase the number of charging facilities ahead of fossil fuel vehicles being phased out in 2030. The new funding follows the £26m already invested in charging infrastructure across Wales since 2021 which has created more than 1,600 […] Posted by: Mya Driver Read more
Plan to support 100,000 jobs across Western England and South Wales launched Western Gateway Conference Jun 9, 2023 The Western Gateway Hydrogen Delivery Pathway suggests that investing in Hydrogen infrastructure within the area could create up to new 40,000 new jobs (directly and indirectly) and safeguard a further 60,000 existing jobs. By investing in Hydrogen for the sectors which need it in the area, the plans also suggest that between 16,000 and 21,000 kilo tonnes […] Posted by: Mya Driver Read more
Inspired Villages acquires consented site in Edenbridge, Kent as part of ambitious expansion strategy Jun 9, 2023 Inspired Villages, a leading later living provider and operator, announces that it has completed the purchase of a 27-acre site in Edenbridge, Kent. The deal represents the 29th site within its £500 million joint venture between NatWest Pension Group Fund and Legal & General, through which it plans to open 34 Integrated Retirement Communities, providing […] Posted by: Mya Driver Read more
Rula Developments and Blackbrook awards Glencar contract to construct a new 190,598 sq ft speculative warehouse in Nottingham Jun 9, 2023 Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today confirmed that it has been awarded a contract by privately owned commercial property development company Rula Developments and specialist European real estate investor Blackbrook to build a new 190,598 sq ft speculative industrial development at its Fulwood Park […] Posted by: Mya Driver Read more
LXi REIT plc – Profitable Disposal Jun 8, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […] Posted by: Mya Driver Read more
