Cain Secures 674,265 sq. ft. Lease with B&M Retail for Ellesmere Port Logistics Facility Nov 19, 2024 Cain International has announced it has secured a lease with B&M Retail Limited (“B&M”) for Link 674 at Ellesmere Port, marking a significant milestone for its logistics portfolio and one of the largest lease agreements in the U.K. logistics market this year. As part of the agreement, B&M will sign a 10-year lease for the […] Posted by: Deividas Krupstas Read more
Invest Lincolnshire announces UKREiiF 2025 pavilion Nov 19, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that Invest Lincolnshire have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. The Greater Lincolnshire region will take centre stage at the three-day event, engaging with over 13,000 delegates. The pavilion will be a prime opportunity for […] Posted by: Mya Driver Read more
Bain Capital closes global fund with over £7bn in investable capital Nov 19, 2024 Bain Capital has announced it has completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to circa £7.1 billion. This capital base includes Global Special Situations Fund II, which received £4.5 billion in total commitments, inclusive of co-investments and separately managed accounts, and £2.6 […] Posted by: Deividas Krupstas Read more
Clarion Partners agrees £200m million NAV line with NatWest Nov 19, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has agreed a £200 million NAV Line facility with NatWest for one of its co-mingled funds, which reports under Article 8 of the SFDR. It represents the first transaction between the two parties. The NAV facility also represents the […] Posted by: Deividas Krupstas Read more
Pennyfarthing Homes submits plans for 74-new homes Nov 19, 2024 Pennyfarthing Homes has submitted a planning application for 74 new homes in Fordingbridge as part of its plans to build a neighbourhood of 342 homes on the northern edge of the Hampshire market town. The new development which is part of the wider scheme known as Forde Valley and follows Pennyfarthing’s popular Whitsbury Green development, […] Posted by: Deividas Krupstas Read more
Persimmon and Barratt Redrow agree major joint venture on 2,500-home site in Wiltshire Nov 18, 2024 Developers Persimmon and Barratt Homes Bristol have finalised a major joint venture in Trowbridge, Wiltshire, marking a significant step toward delivering thousands of new homes to the community. Persimmon has been actively collaborating with Wiltshire Council to finalise outline planning permission for up to 2,500 homes at the site. With this new partnership, half of […] Posted by: Deividas Krupstas Read more
LondonMetric continues capital recycling selling £58 million of assets and acquiring a retail park for £10 million Nov 18, 2024 LondonMetric Property Plc announces that it has sold 24 properties across various non core sectors for a total consideration of £57.9 million, reflecting a 6% profit over prevailing book values. The sales include 22 LXi properties and comprise: Since 31 March 2024, LondonMetric has sold 52 assets for £209 million, reflecting a NIY of 7.6%. […] Posted by: Deividas Krupstas Read more
Supermarket Income REIT acquires £50m Huddersfield Sainsbury’s store Nov 18, 2024 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, announces the acquisition of a Sainsbury’s omnichannel supermarket in Huddersfield, West Yorkshire, for a total purchase price of £49.7 million (excluding acquisition costs), reflecting an attractive net initial yield of 7.6% (the “Acquisition”). NIY achieved on […] Posted by: Deividas Krupstas Read more
Deutsche Finance and Argo Real Estate acquire Reading logistics park Nov 18, 2024 Deutsche Finance International, a pan-European private equity real estate platform has expanded its UK urban logistics and industrial platform, a joint venture with operating partner and co-investor Argo Real Estate, with the acquisition of the Headley Park 10 estate in Reading. Headley Park 10 is a 24-unit multi-let asset, offering 117,000 sq ft of urban […] Posted by: Deividas Krupstas Read more
Planning Approval Granted for Major 485-Home Co-Living Development in Woolwich Nov 14, 2024 Planning approval has been granted for a transformative mixed-use development in Woolwich, southeast London, bringing 485 co-living rooms, 20 social rent flats, and an array of community spaces to the area. Approved by Greenwich Council, the project will be located on a 1.11-hectare site bordered by Wellington Street, Polytechnic Street, and Thomas Street, providing a […] Posted by: Deividas Krupstas Read more