Valor agrees acquisition of Tera 40 industrial estate in Greenford, West London for c. £146 million from Lothbury Aug 15, 2023 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has agreed terms for the acquisition of the Tera 40 industrial estate on Auriol Drive, Greenford, for c. £146 million. The estate comprises four modern distribution assets totalling 340,650 sq ft which are fully-let to Tesco, Palletways, Royal Mail and Micheldever. The estate […] Posted by: Mya Driver Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
Oxpens Development in Oxford Moves Forward with Ambitious Plans Aug 14, 2023 The Oxpens development in Oxford, designed by Hawkins Brown, is moving forward with ambitious plans for the city. The 15-acre riverside site is set to host nearly 500 homes, 500,000 sq ft of office space, and a 250-bed hotel. The developer, Oxwed, a joint venture of Nuffield College and the city council, submitted an outline […] Posted by: Mya Driver Read more
Shaftesbury Capital Secures £200 Million Loan Against Carnaby Estate Aug 14, 2023 Shaftesbury, has announced a new 10-year loan agreement with Aviva Investors for £200 million. This strategic move emphasizes the value and attractiveness of Shaftesbury Capital’s real estate assets, particularly within the Carnaby estate in London. Formed in March through an all-share merger of Shaftesbury PLC and Capital & Counties Properties PLC, Shaftesbury Capital invests in […] Posted by: Mya Driver Read more
British Land on the Brink of £300m Deal with US Property Titan Realty Income Aug 14, 2023 In a move that could send shockwaves through the UK real estate market, British Land, a prominent property developer, is reportedly in talks to offload a significant portion of its assets to US real estate behemoth Realty Income. The potential £300 million deal is said to include six London-based data centres and offices currently leased […] Posted by: Mya Driver Read more
Urban Splash Residential Fund Grows Amid Strong Rental Demand Aug 14, 2023 The Urban Splash Residential Fund, based in Manchester and operating under Urban Splash UK Residential LLP, has reported a promising year up until March 2023. With a 7.4% return for investors and an expanding portfolio, the fund is thriving in a demanding rental market. Over the past year, the fund has invested £20.8 million in […] Posted by: Mya Driver Read more
Chancerygate and Bridges fund management submit plans for £36m, 170,000 sq ft Grade A net zero urban logistics development in Cheshire Aug 14, 2023 Developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management have submitted plan to speculatively build 170,000 sq ft of highly sustainable Grade A urban logistics space in Adlington, Cheshire. Called Avro Business Park, the proposed scheme is located off London Road, south of Poynton town centre, and will adjoin Adlington Business Park & […] Posted by: Mya Driver Read more
Avant Homes acquires County Durham site to deliver £43.6m 200 new homes development Aug 14, 2023 Avant Homes will start work this month on 200 new homes in Willington, County Durham, with a gross development value of £43.6m after acquiring a 21-acre site in the town. Called Westward Green, the development will feature 15 of Avant Homes’ new house types and comprise a mix of two-, three-, four- and five-bedroom homes. […] Posted by: Mya Driver Read more
Investec backs London office sector with £122 million development loan for Unilever’s 283,000 sq ft global headquarters Aug 14, 2023 Investec Real Estate announces that it has provided LCN Capital Partners, a private equity real estate firm, with a £122 million loan for the development of a 283,000 sq ft best-in-class office scheme in Kingston Upon Thames, Southwest London. Unilever, the FTSE 100 multinational consumer goods company, has agreed a pre-let for the entire building for […] Posted by: Mya Driver Read more
How We Achieved ISO 20121 Sustainable Events Management Accreditation Aug 14, 2023 By Nathan Spencer, Director at UKREiiF It’s a question we get asked now and again from those who’re interested in improving their own sustainability credentials, especially to showcase action rather than just ticking boxes on forms and giving lip service to the sustainability agenda. “How did you achieve your sustainable events management accreditation?” For reference […] Posted by: Mya Driver Read more
