PGIM and Valor Collaborate on Financing London’s Prime Industrial Assets Sep 21, 2023 In a recent development, PGIM Real Estate has extended a floating-rate senior investment loan to Valor Real Estate Partners for a significant industrial portfolio in Greater London. This collaboration marks the fourth transaction between PGIM and Valor. The portfolio, spanning 518,000 ft^2, comprises 11 properties strategically located near the M25 motorway. Impressively, six of these […] Posted by: Mya Driver Read more
Cannock Town Centre Set for Major Transformation as Regeneration Plans Near Approval Sep 21, 2023 Cannock town centre is poised for a significant facelift, with the district council’s planning committee set to give the thumbs up to its regeneration proposals. The ambitious blueprint includes the creation of a leisure and cultural hub, a revamped Prince of Wales Theatre, new eateries and pubs, and modern workspaces. These initiatives are aimed at […] Posted by: Mya Driver Read more
NBI event to support businesses with sustainable growth Sep 20, 2023 Construction businesses are invited to attend an event on sustainable growth at the National Brownfield Institute (NBI) as part of Wolverhampton Business Week later this month. The Let’s Talk Sustainable Business Growth session will take place on Friday, September 29, between 8.30am and 11am, at the NBI on University of Wolverhampton’s Springfield Campus (WV10 0JP). […] Posted by: Mya Driver Read more
Canadian Property Titan Enters UK Market with £45m Support Sep 20, 2023 Starlight Investments, a renowned name in Canadian property, has clinched a £45m loan, paving its way into the UK’s build-to-rent (BTR) sector. The project at Liverpool’s Princes Dock, part of the ambitious £5.5bn Liverpool Waters regeneration scheme, will introduce 278 luxury residential units, from sleek studios to spacious three-bedroom homes. This venture is a pivotal […] Posted by: Mya Driver Read more
Puma VCT 13 Announces £70 Million Fundraising Initiative Sep 20, 2023 Puma VCT 13, a prominent venture capital trust, has unveiled its ambitious plan to raise £70 million, comprising an initial £50 million with an option for an additional £20 million overallotment. This announcement comes on the heels of the VCT’s impressive growth, boasting net assets surpassing £100 million and a diverse portfolio of 16 flourishing […] Posted by: Mya Driver Read more
Green light for Oxford North’s next three advanced R&D lab buildings totalling 458k sq ft Sep 20, 2023 Detailed designs for three new, prestigious laboratory and office buildings which total 458,100 sq ft (42,549 sq m) and will be built as phase 2 of Oxford North, the new £700 million life sciences innovation district, have been resolved to be approved by Oxford City Council’s planning committee. Oxford North will deliver one million sq […] Posted by: Mya Driver Read more
Kennedy Wilson adds Two UK Industrial Warehouse Assets Sep 20, 2023 Global real estate investment company Kennedy Wilson has acquired two industrial warehouse assets in the UK totaling c. 181,500 square feet via separate transactions. The properties occupy prime distribution locations within the UK’s logistics Golden Triangle and core South-East market. Situated only eighteen miles north-east of central London, the single-let unit at Westside Business Park […] Posted by: Mya Driver Read more
Glenbrook Investments Completes £4M Industrial Sales and Leaseback Sep 20, 2023 Continuing its run of acquisitions across Yorkshire, Glenbrook Investments has completed the off-market purchase of two industrial properties close to the M1 on Platts Common Industrial Estate in Hoyland, near Barnsley. The deal was struck with Metalliform, a long-established British manufacturer, in a £4million sale and lease back of its two premises on Chambers Road. […] Posted by: Mya Driver Read more
Glasgow to Build Scotland’s Largest Waste Management Facility by 2026 Sep 19, 2023 In a move that underscores Glasgow’s commitment to environmental sustainability, the Glasgow City Council has unveiled plans for a groundbreaking redevelopment of the Easter Queenslie waste depot. This ambitious project aims to transform the site into Scotland’s premier “centre of excellence” for waste management and recycling. The revamped facility, set to be the largest of […] Posted by: Mya Driver Read more
Sizewell C Nuclear Initiative Opens Doors for Private Stakeholders Sep 19, 2023 The UK government has initiated the process for private investors to express their interest in the Sizewell C power station, a pivotal element of the nation’s nuclear renaissance. The Energy Security Secretary, Claire Coutinho, announced the commencement of the investment process, inviting potential partners to showcase their interest in the project. Sizewell C, anticipated to […] Posted by: Mya Driver Read more
