JLL announce pavilion partnership with UKREiiF 2024 Nov 7, 2023 International real estate adviser JLL has announced its partnership with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo and is set to take place between 21-23 May 2024, in Leeds. This is the third consecutive year that JLL has taken a central pavilion at the event […] Posted by: Mya Driver Read more
Avant Homes announces major PRS deal with £59.5m, 306 home sale across 8 developments to Sigma Capital Group Nov 7, 2023 Avant Homes has completed the sale of 306 new homes across eight developments to leading single family housing provider in the UK, Sigma Capital Group, for over £59.5m. The homes are set to be taken to market under Sigma’s private rental brand, Simple Life. The housebuilder’s major sale into the private rented sector (PRS) forms […] Posted by: Mya Driver Read more
Cardiff plans 2,500 New Homes Nov 7, 2023 Cardiff is set to embrace a transformative redevelopment project that promises to introduce up to 2,500 new homes on a historical World War II site. The ambitious scheme, proposed by Vastint UK Services, will rejuvenate the Curran Embankment area in Butetown, incorporating a vibrant mix of residential, business, and leisure facilities. The expansive 47-acre site, […] Posted by: Mya Driver Read more
Sirius Real Estate continues asset recycling programme with disposal of Maintal industrial park at premium to book value and acquisitions in North London Nov 7, 2023 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the disposal of an industrial park in Maintal, in Germany’s southwest Hesse region, for €40.1 million, representing a net initial yield (“NIY”) of 5.7%. The disposal was achieved […] Posted by: Mya Driver Read more
Brent Cross Town starts construction on second Build-to-Rent building with appointment of main contractor and securing of £97m Green Loan Nov 7, 2023 Related Argent and joint venture partner Invesco Real Estate have appointed the main contractor and secured the debt finance for the development of Brent Cross Town’s second Build-to-Rent (BtR) building, enabling construction of 286 new homes. Galliford Try will deliver the homes and over 17,000 sq ft of amenity and retail space, while the £97m […] Posted by: Mya Driver Read more
Buccleuch Property acquires prime George Street retail asset for £3.325 million Nov 7, 2023 Buccleuch Property has successfully acquired 49 George Street, situated in the heart of Edinburgh’s prime retail and leisure district, from Columbia Threadneedle Investments for a purchase price of £3.325 million. 49 George Street holds a prominent position on the northern side of the street and is in a 100% prime location between Frederick Street and […] Posted by: Mya Driver Read more
£1.5bn Investment Set to Revitalise Walsall: Over 1,000 Homes and 4,000 Jobs to Be Created Nov 6, 2023 Walsall Council is poised to unveil expansive regeneration plans following the confirmation of £1.5 billion in inward investment. The ambitious project aims to stimulate the local economy by delivering over 1,000 homes and creating approximately 4,000 job opportunities for residents. Councillor Adrian Andrew, the portfolio holder for regeneration, has presented the strategic vision on Monday […] Posted by: Mya Driver Read more
£18.4m Cleethorpes Seafront Enhancement Seeks Design Consultants for Market Place Revamp Nov 6, 2023 The North East Lincolnshire Council has unveiled an £18.4 million seafront enhancement project in Cleethorpes, targeting a transformative redevelopment of the Market Place, Pier Gardens, and Sea Road, financed by the Levelling Up Fund. A tender opportunity is now open for design consultants to lead the regeneration efforts of Cleethorpes’ Market Place. The project’s ambition […] Posted by: Mya Driver Read more
ASD Contracts Transforms Georgian Style Apartments In Central Cheltenham thanks to £2.3m Investment Property Loan Nov 6, 2023 A block of previously tired flats in central Cheltenham has been rejuvenated into a stunning, Georgian style contemporary development by ASD Contracts thanks to a £2.3m investment property loan from Secure Trust Bank (STB) Real Estate Finance. Situated on Wellington Road in Cheltenham town centre, Buckingham Court is currently undergoing a major refurbishment that will […] Posted by: Mya Driver Read more
West Berkshire Council to sell £62m Commercial Property Portfolio Nov 6, 2023 In a strategic financial move, West Berkshire Council is set to sell its commercial property portfolio valued at up to £62 million. The portfolio, which includes a variety of assets such as supermarkets, commercial warehousing, a bank, and a petrol station, is a part of the council’s plan to reallocate financial resources and support its […] Posted by: Mya Driver Read more
