Investec provides £80 million development loan for 1.2 million sq ft Suffolk distribution centre, pre-let to The Range Oct 17, 2023 Investec Real Estate has provided Norton Group with an £80 million financing package to fund the development of a state-of-the-art distribution centre in Suffolk, which is 100% pre-let to The Range, one of the fastest growing retailers in the UK and a Norton Group subsidiary. On completion, the 1.2 million sq ft, £200 million scheme will serve […] Posted by: Mya Driver Read more
Redevelopment of Castle Rock School, Meadow Lane, Coalville Oct 17, 2023 DPP Planning are preparing to submit a planning application on behalf of John Graham Construction (on behalf of the Department for Education) for the redevelopment of Castle Rock School which includes the demolition of exisiting school buildings and construction of a new, two-storey replacement teaching block. Undertaking public consultation with local residents in advance of […] Posted by: Mya Driver Read more
Cardiff’s Tri-School Campus Vision Edges Closer to Reality with Upcoming Approval Oct 17, 2023 The vision of consolidating three distinct schools into a singular modern campus in Cardiff is nearing fruition as the city’s council gravitates towards green-lighting the ambitious project. The proposed Fairwater Campus, earmarked for the site currently hosting Cantonian High School on Fairwater Road, is a stride towards a unified educational hub comprising Cantonian High, Woodlands […] Posted by: Mya Driver Read more
Aitch group announces strategic partnership with YourTRIBE as developer expands their portfolio into PBSA sector with over 3,500 student beds planned Oct 17, 2023 Aitch Group is pleased to announce a strategic partnership with YourTRIBE, who are raising the bar by setting a new benchmark for the PBSA industry. The move marks significant growth for Aitch Group as they join forces with YourTRIBE to redefine the student living experience by creating more than a place to stay; it’s an […] Posted by: Mya Driver Read more
UKREiiF speaks to Industry Leaders #7: Party Conferences Further Demonstrate Need for Socially-Oriented Investment Oct 17, 2023 Welcome to the UKREiiF opinion series! We’ve gained exclusive access to the opinions of leaders from across our industry. Stay tuned to find out thoughts on the important issues that affect the UK Built Environment. By Pete Gladwell, Pete Gladwell, Group Social Impact & Investment Director at Legal & General The recent party conferences highlighted […] Posted by: Mya Driver Read more
Luton Airport to Undergo Major Expansion with Passenger Capacity Set to Rise Oct 16, 2023 Luton Airport, one of London’s key travel hubs, has received approval for a significant expansion, boosting its annual passenger capacity from 18 million to 19 million. This comes alongside the green light for the dual-laning of Airport Way, aiming to streamline the incoming and outgoing traffic. This decision followed a thorough local inquiry, initiated after […] Posted by: Mya Driver Read more
Orbit Housing Association Announces £48m Green Retrofit Initiative Oct 16, 2023 Orbit, a major housing association managing 47,000 homes, has announced its search for a contractor to carry out a substantial £48m retrofit initiative aimed at decarbonising a significant portion of its housing stock. This move comes as part of the association’s commitment to meeting the standards set by PAS 2035, a comprehensive specification tailored for […] Posted by: Mya Driver Read more
Cohort Capital Finalizes £73m Refinancing for Iconic Covent Garden Hotel Oct 16, 2023 Cohort Capital has successfully concluded a £73 million refinancing agreement with a Qatari-based group for the esteemed NoMad Hotel located in London’s historic Covent Garden. This iconic 91-bedroom boutique hotel, set within an 18th-century Grade II listed building, previously functioned as the Bow Street Magistrates Court and Police Station. After comprehensive refurbishments between 2018 and […] Posted by: Mya Driver Read more
Knowsley’s Capitol Trading Park acquired for £9.45 by £150m ULIF Oct 16, 2023 Capitol Trading Park, which is located within Knowsley Industrial Park and comprises 22 units totalling 140,000 sq ft, has been acquired for £9.45m by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund acquired the industrial park from business space provider Flexspace. Capitol Trading […] Posted by: Mya Driver Read more
Legal & General, Bruntwood & GMP Fund invest half a billion into UK’s science, tech & innovation economy Oct 16, 2023 Bruntwood SciTech, the UK’s leading specialist property provider, founded by Legal & General and Bruntwood in 2018 to support the growth of the life science and tech sectors, has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to the partnership. GMPF is the […] Posted by: Mya Driver Read more
