Acquisition of The Gyle Shopping Centre and Launch of Open Offer Aug 10, 2023 Capital & Regional (LSE: CAL), the UK focused REIT with a portfolio of in-town community shopping centres, is pleased to announce that it has entered into an agreement to acquire The Gyle Shopping Centre (“The Gyle” or the “Property”) in Edinburgh for a total acquisition consideration of £40 million, excluding acquisition costs. The consideration for […] Posted by: Mya Driver Read more
Embracing Sustainability for UKREiiF: The Leeds Recycling and Energy Recovery Facility Aug 10, 2023 By Mya Driver, Marketing Executive at UKREiiF Sustainability has become an essential aspect of our lives, prompting individuals and businesses alike to take steps towards minimising their environmental impact. As part of our commitment to achieving ISO 20121 Sustainable Events Management Accreditation, we recently embarked on an eye-opening visit to the Recycling and Energy Recovery […] Posted by: Mya Driver Read more
Plans submitted for Derby’s Friar Gate Goods Yard redevelopment Aug 9, 2023 Wavensmere Homes have partnered with Clowes Developments and have submitted a full planning and listed building application to Derby City Council for the redevelopment of the city’s historic Friar Gate Goods Yard. The detailed design proposal sets out the vision for the reanimation of two landmark Grade II listed buildings into over 110,000 sq ft of commercial space, […] Posted by: Mya Driver Read more
Countryside, Peabody and Transport for London agree deal to deliver 98 homes at Barkingside Yard in Ilford Aug 9, 2023 Countryside Partnerships, housing association Peabody and Transport for London’s (TfL) wholly owned commercial property company have completed the agreement to deliver 98 affordable homes on land next to Barkingside Underground Station in Ilford. Located on land previously used as a builder’s yard and owned by TfL, the residential development is being brought forward as part […] Posted by: Mya Driver Read more
£50+ million North East Industrial Property Sale Announced Aug 9, 2023 Avison Young, acting on behalf of Aviva Investors has secured the sale of a long income prime industrial property investment in Washington, Tyne and Wear to a Local Government Pension Scheme, for a sale price of £50.15 million reflecting an initial yield of 6.8%. The property built in 2010 is occupied by BAE Systems which […] Posted by: Mya Driver Read more
£7.5 million sale of hotel in Glasgow at 7.9% premium to book value Aug 9, 2023 The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with inflation-linked reviews, is pleased to announce that it has completed the sale of the Mercure City Hotel, Ingram Street, Glasgow, for a total consideration of £7,500,000 to […] Posted by: Mya Driver Read more
Custodian Property Income REIT: First quarter trading update shows rental growth supporting fully covered dividends and stable values Aug 9, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional properties with strong income characteristics across the UK, today provides a trading update for the first quarter ended 30 June 2023 (“Q1” or the “Quarter”). Strong leasing activity continues to support rental […] Posted by: Mya Driver Read more
The Great South West partners with UKREiiF Aug 8, 2023 Great South West, a Pan-Regional Partnership representing Cornwall, the Isles of Scilly, Devon, Dorset and Somerset, has announced they have taken a pavilion partnership with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 21-23 May 2024, in Leeds. The Great South West’s decision to join hands with […] Posted by: Mya Driver Read more
Planning application to be submitted for 256 sustainable homes at Ferry Road site Aug 8, 2023 New images showing the spectacular homes-led redevelopment of one of Edinburgh city centre’s largest potential development sites have been revealed. Regeneration specialist Artisan Real Estate, together with fund manager REInvest Asset Management S.A., has unveiled detailed plans to redevelop the former Deutsche Bank House at 525 Ferry Road, Edinburgh, near the Crewe Toll roundabout. The office […] Posted by: Mya Driver Read more
Northamptonshire industrial unit sold for £3.2m Aug 8, 2023 A well-connected industrial unit in Northamptonshire has been sold for £3.2 million. Warwickshire-based The Wigley Group has sold Unit 1-7 Crick Industrial Estate, Eldon Way, to a London-based real estate investment firm. The Wigley Group, which owns and manages business and commercial property across the Midlands, initially purchased the site with vacant possession in […] Posted by: Mya Driver Read more
