Sibling of Asda-Owning Billionaires, Acquires Iconic John Lewis Building in Aberdeen Sep 6, 2023 The iconic Norco House building, formerly known as the John Lewis building, has been acquired by millionaire property developer Zakir Issa for a sum of £270,000. Zakir Issa, a sibling of the billionaire Issa brothers who own the supermarket giant Asda, has shown a keen interest in Aberdeen’s property landscape. The Norco House building, situated […] Posted by: Mya Driver Read more
Prime Development Opportunity Emerges in Middlefield, Aberdeen Sep 6, 2023 A prime development opportunity has arisen in the heart of Middlefield, Aberdeen, as the city council prioritizes the area for community regeneration. Middlefield, a significant neighborhood for Aberdeen City Council and Community Planning Aberdeen, is undergoing extensive community engagement and developments. The locality has crafted a 10-year plan in collaboration with the community and community […] Posted by: Mya Driver Read more
AEW launches UK Impact Fund Sep 6, 2023 AEW, one of the world’s leading real estate investment and asset managers, announces the launch of its first, place-based impact investing strategy, the AEW UK Impact Fund (“UKIF” or the “Fund”). The strategy plays to the strengths of real estate’s role as a provider of social and community infrastructure, combining investments focused on social and […] Posted by: Mya Driver Read more
LXi REIT Bolsters Leadership with New CFO Amid Strong Dividend Announcement Sep 6, 2023 In a move that underscores its commitment to robust financial leadership and shareholder value, LXi REIT, the UK’s leading specialist in inflation-protected long income real estate investment, has announced the appointment of Alex MacEachin as its new Chief Financial Officer. This decision follows the company’s earlier announcement on 17 July 2023. MacEachin is expected to […] Posted by: Mya Driver Read more
World Bank Eyes Private Sector for Climate Adaptation Collaboration Sep 6, 2023 In a strategic move to bolster its climate adaptation infrastructure initiatives, the World Bank Group (WBG) is reaching out to the private sector. With a transparency threshold set at approximately £180,000 (US$250,000), the bank is keen on fostering a transformative alliance with private stakeholders. The bank’s strategy is twofold: 1. Undertake a comprehensive review of […] Posted by: Mya Driver Read more
National Railway Museum in York Seeks Demolition of Former Rail Workers’ Mess Hall Sep 6, 2023 The National Railway Museum in York has applied for permission to demolish a former rail workers’ mess hall, known as the Sidings building, as part of its extensive redevelopment plans. The Sidings building, which was used by the museum as office space until its closure in 2022, is not a listed structure and has already […] Posted by: Mya Driver Read more
Building Boom Expected in Dumfries and Galloway Following New Property Strategy Sep 6, 2023 Recent developments suggest that Dumfries and Galloway could be on the brink of a significant construction boom, following the council’s decision to focus on rejuvenating vacant and derelict land. The council’s recent deliberations on the Vacant and Derelict Land and Property Strategy (VDLPS) have sparked significant interest among property developers and investors. The strategy, which […] Posted by: Mya Driver Read more
MBA Consulting Engineers join UKREiiF 2024 Sep 5, 2023 MBA Consulting Engineers has officially confirmed its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 21-23 May 2024, in Leeds. The multi-disciplined building services design consultancy have secured a spot in the UKREiiF exhibition hall, where over 10,000 investors, developers, occupiers, local authorities and more […] Posted by: Mya Driver Read more
Edinburgh’s Prime Residential Site on Sale with £65m Development Potential Sep 5, 2023 A prime residential development site in Leith, Edinburgh, with the potential to house nearly 250 units, has been listed for sale. The site, known as The Glassworks, spans 3.46 acres and boasts a potential gross development value of up to £65 million. It has already secured planning permission, allowing for the construction of 247 residential […] Posted by: Mya Driver Read more
Maven Capital Partners Takes Helm of £38m Fund to Boost South West Property Ventures Sep 5, 2023 Maven Capital Partners has been entrusted with the management of a new £38 million equity finance fund, targeting property and real estate developments in the South West of England. This initiative is part of the British Business Bank’s £200 million South West Investment Fund (SWIF), designed to stimulate growth in the region by supporting local […] Posted by: Mya Driver Read more
