Landsec Expands Flexible Office Portfolio with an Additional 100,000 sq ft Sep 19, 2023 Landsec is set to boost the growth of its flexible office brand, Myo, by inaugurating an extra 100,000 sq ft of space in Kings Cross by 2025 and Lucent, Piccadilly in early 2024. This expansion aligns with Landsec’s strategy to capitalize on the success of Myo’s existing sites, Myo Victoria Street and Myo Liverpool Street, […] Posted by: Mya Driver Read more
Hill Group agrees affordable homes deal with Oxford Council Sep 19, 2023 Oxford City Council has announced the acquisition of 111 much-needed affordable homes from award-winning housebuilder The Hill Group at Oxford North’s Canalside development, south of the A40. The new homes, part of the first 317 energy-efficient new homes that Hill is delivering at Canalside, will bring vital affordable housing to the Oxford market, which currently ranks […] Posted by: Mya Driver Read more
Blackfinch Property completes £2m refinancing deal for supported housing complex Sep 19, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £2m refinancing deal for a West Midlands supported housing complex providing 18 one-bedroom apartments for vulnerable people. The refinancing deal follows the borrower’s redevelopment of a vacant two-story property, with improved EPC ratings, providing much-needed supported living in the West […] Posted by: Mya Driver Read more
HICL divests equity interest in Bradford Schools projects for £37m Sep 18, 2023 HICL Infrastructure has confirmed the sale of its equity interests in the ‘Bradford Building Schools for the Future’ (BSF) projects, encompassing both the first and second phases. The sale, estimated at £37 million, represents an 8% premium over the company’s valuation as of 31 March. The FTSE 250 firm highlighted that this strategic decision aligns […] Posted by: Mya Driver Read more
Leeds Shopping Centre to get overhaul Sep 18, 2023 Leeds is poised for a significant urban transformation as plans for the redevelopment of a local shopping centre have been officially submitted. The Core Shopping Centre on The Headrow, previously known as the Headrow Shopping Centre, is the focus of this ambitious project. The proposal, put forth by AFAS The Core Ltd and Fusion Global […] Posted by: Mya Driver Read more
Development Opportunity: Ekin Road Estate in Cambridge Sep 18, 2023 Cambridge City Council has identified the Ekin Road estate for potential redevelopment, presenting a unique opportunity for growth and rejuvenation in the area. The estate, which has been home to many residents for decades, was highlighted for redevelopment after a review of estates with older housing stock. Currently, three redevelopment options are on the table: […] Posted by: Mya Driver Read more
Realty Seals £200.8m Agreement for 11 UK Retail Parks Sep 18, 2023 In a significant move in the UK’s real estate sector, the American real estate conglomerate, Realty, has announced an agreement to acquire 11 retail parks from Ediston Property Investment Company for a sum of £200.8 million. The deal, which involves Ediston’s entire property estate, is with RI UK 1 Limited, a subsidiary of Realty. The […] Posted by: Mya Driver Read more
British Land Announces Potential £750m Sale of Iconic Meadowhall Centre Sep 18, 2023 Sheffield, UK – In a significant move reflecting the evolving retail landscape, British Land has unveiled plans to sell the renowned Meadowhall shopping centre in Sheffield for an estimated £750 million. This monumental sale, if finalized, would rank among the UK’s most substantial retail property deals in the past few years. Opened in 1990, Meadowhall […] Posted by: Mya Driver Read more
Devonshires confirmed as partner for UKREiiF 2024 Sep 15, 2023 Devonshires, a leading law firm known for its exceptional expertise in real estate, finance, and social housing sectors, has announced its participation as a Session Partner at 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 […] Posted by: Mya Driver Read more
Welsh steel’s future secured as UK Government and Tata Steel announce Port Talbot green transition proposal Sep 15, 2023 he UK Government and Tata Steel have today (15 September) agreed on a proposed joint investment package which will secure a sustainable future for steelmaking in Port Talbot, modernise production of greener steel and protect skilled jobs, subject to consultation and regulatory approvals. Tata Steel is expected to invest £1.25 billion, including a UK Government […] Posted by: Mya Driver Read more
