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
CBRE Appointed to Manage £840m Greater Manchester Property Venture Fund Sep 15, 2023 Following a competitive tender process, Greater Manchester Pension Fund (GMPF) is pleased to announce that it will be appointing CBRE Ltd as the new investment advisor for its Greater Manchester Property Venture Fund (GMPVF). The Fund has an £840m investment allocation to local property development, focused on the North West and West Yorkshire. The […] Posted by: Mya Driver Read more
Glasgow City Council latest name to confirm UKREiiF 2024 partnership Sep 14, 2023 Glasgow has announced its involvement 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. Local authority Glasgow City Council, led by Invest Glasgow and in collaboration with partners across the city, has secured a […] Posted by: Mya Driver Read more
Dundee Sees Major Investment in Student Housing by ATK Property Group Sep 14, 2023 In a significant multi-million-pound deal, Perthshire’s ATK Property Group has acquired student housing in Dundee’s Keiller Court. Addressing the longstanding concern of limited student housing in Dundee, ATK Property Group has expanded its portfolio with the acquisition of Keiller Court, boasting 125 beds on Blinshall Street. The student property provides residents with amenities such as […] Posted by: Mya Driver Read more
