SEGRO Reports Robust Rent Roll Growth and Strategic Disposals in 2023 Trading Update Oct 18, 2023 SEGRO plc, a prominent player in the industrial property sector, has released its trading update for the period spanning from 1 January 2023 to 17 October 2023. The update paints a picture of a company on an upward trajectory, with significant rent roll growth and strategic disposals. Key Highlights: – SEGRO is poised for a […] Posted by: Mya Driver Read more
Barclays Backs Sandyford Properties with £20m Credit Boost for Expansion Oct 18, 2023 In a significant move, Sandyford Properties, a leading UK multi-let industrial property firm, has clinched a £20m revolving credit facility from Barclays. This strategic financial arrangement, set for a duration of up to five years, positions Sandyford to swiftly capitalise on new acquisition opportunities. This facility aligns with Sandyford’s ambitious goal to more than double […] Posted by: Mya Driver Read more
Glencar to deliver Baytree’s latest 220,000 sq. ft speculative industrial development at prime sustainable scheme in Leeds Oct 18, 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 Pan-European logistics and industrial developer Baytree Logistics Developments to construct two new prime industrial units of 76,285 and 145,476 sq. ft at a prominent industrial development site in Leeds. […] Posted by: Mya Driver Read more
Avanton appoints agents for Culvert Court site, new £30 million urban logistics site in Battersea Oct 18, 2023 Leading London investor-developer Avanton has appointed agents and commenced pre-lets for Culvert Court in Battersea, ahead of the industrial complex’s redesign into a modern, urban logistics complex to be named ‘The Steel Works’. Located at 105 Culvert Road in Battersea, Avanton was granted full planning permission in January 2023 to transform a 22,000 sq.ft. site […] Posted by: Mya Driver Read more
Tritax Symmetry acquires North West site for 2.5 million Sq Ft logistics and strategic rail freight interchange project Oct 18, 2023 National logistics developer Tritax Symmetry has completed the off-market acquisition of a 221-acre site in St Helens, in the Liverpool City Region. It plans to bring forward a circa 2.5million sq. ft logistics scheme and a new strategic rail freight interchange project (SRFI). Located within the Liverpool City Region’s Freeport zone on Junction 22 of […] Posted by: Mya Driver Read more
Matrix Group to exhibit at UKREiiF 2024 Oct 17, 2023 Utility infrastructure and network adoption specialist Matrix Group will be taking part in the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo and is set to take place at the Royal Armouries Leeds, in May next year. Exhibiting alongside 150 other companies from across the public and […] Posted by: Mya Driver Read more
Octopus Real Estate provides £53.5m loan for almost 300 new homes in Birmingham Oct 17, 2023 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a development loan of £53.5m to deliver 278 apartments in Birmingham from the ground up. The loan provided to Investin PLC will finance the construction of 278 apartments, of which 75 will be one bed and […] Posted by: Mya Driver Read more
Ballymena retail park sold to local investor Oct 17, 2023 Phase 2, Braidwater Retail Park in Ballymena has been sold to a local investor for an undisclosed sum. The 93,000 sq ft asset which has tenants including The Range, Harry Corry and Smyths Toys has been purchased by Magmel (Ballymena) Ltd. Commenting on the deal, Andrew Coggins, Senior Director at selling agents CBRE NI said: […] Posted by: Mya Driver Read more
Art-Invest Real Estate submits proposals to refurbish Sackville House Oct 17, 2023 Art-Invest Real Estate (Art-Invest) announces that it has recently submitted a Planning Application to Westminster City Council for the refurbishment of Sackville House, Piccadilly to deliver 30,000 sq. ft of significantly enhanced, Grade A and sustainably-led offices with retail space across the ground floor. The proposals seek to reposition Sackville House, which is Grade II […] Posted by: Mya Driver Read more
Nuveen Real Estate partners with Apache Capital to deliver Present Made’s single-family housing development with Cambridge University’s Estates Division Oct 17, 2023 Nuveen Real Estate, one of the largest real estate investment managers in the world with $152 billion of assets under management, has formed a joint venture (‘JV’) with UK-focused real estate investment manager Apache Capital to fund single-family build-to-rent (‘BTR’) housing across the UK. All sites will be developed and operated for the long-term by […] Posted by: Mya Driver Read more
