Rotherham Council Commits £9 Million to Wath Improvements Jul 11, 2023 Rotherham Council’s Cabinet has today, Monday 10 July, committed funds to a near £9 million scheme that will improve Wath Town Centre. These improvements will include: · Demolition of the existing library · Creation of new library and inclusive community facility, including commercial space · Improved connectivity between Biscay Way and the High Street, to […] Posted by: Mya Driver Read more
Puma Property Finance signs largest ever loan to fund Build to Rent scheme in Manchester Jul 11, 2023 Puma Property Finance (Puma) today announces it has provided a facility to the McGoff Group of approximately £50m for a new 237-unit Build-to-Rent scheme in central Manchester. The development, known as Downtown Victoria North is located on Rochdale Road, close to Manchester’s main shopping area, Ancoats and the Northern Quarter. The scheme will see the […] Posted by: Mya Driver Read more
Tritax Symmetry to speculatively build 500,000 sq ft cross dock: Kettering 500 Jul 11, 2023 Tritax Symmetry has announced it is to speculatively develop a new 500,000 sq ft cross dock logistics facility at Symmetry Park, Kettering: Kettering 500. Main contractor Buckingham Group has been appointed to deliver the building which will be built to Net Zero Carbon in Construction and target a minimum BREEAM Excellent and EPC A rating. […] Posted by: Mya Driver Read more
DFI with JV partner Argo capitalises on market repricing with over £200million of logistics investments Jul 11, 2023 Deutsche Finance International (“DFI”), a pan-European private equity real estate platform and an affiliate of DEUTSCHE FINANCE GROUP, has launched a U.K. urban logistics platform (the “Platform”) in joint venture (the “JV”) with Argo Real Estate (“Argo”), with the £177 million acquisition of two portfolios in separate transactions. Logistics is a conviction asset class for DFI, […] Posted by: Mya Driver Read more
LCP acquires thriving Kidderminster shopping park Jul 11, 2023 National commercial property and investment company LCP, part of M Core, has acquired a busy edge-of-town retail park in Kidderminster, Worcestershire. Weavers Wharf is a 220,000 sq ft retail park, just a few minutes’ walk from Kidderminster town centre, with anchor tenants Marks & Spencer, Next and TK Maxx, Café Nero, Boots, Sport Direct, McDonalds […] Posted by: Mya Driver Read more
The Unite Group – Trading Update Jul 10, 2023 Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces an update on current trading and quarterly property valuations for the Unite UK Student Accommodation Fund (‘USAF’) and the London Student Accommodation Joint Venture (‘LSAV’) as at 30 June 2023. Richard Smith, Unite Students Chief Executive Officer, commented: “Reservations for the […] Posted by: Mya Driver Read more
Avant Homes North East appoints finance director to further enable ongoing expansion Jul 10, 2023 Sunderland-based Avant Homes North East has strengthened its finance team with the appointment of a finance director to further enable the housebuilder’s regional expansion. Michael Lynch, who joins from Dandara, has more than 30 years’ experience in accountancy within the housebuilding, manufacturing and automotive sectors. In his new role, he is responsible for Avant Homes […] Posted by: Mya Driver Read more
£1.175m deal sees MCM Group secure industrial investment Jul 10, 2023 A Gateshead-based property company has acquired two industrial units in a sale and leaseback deal with a North Tyneside electronics manufacturer. In a £1.175m deal, MCM Group has acquired Units 1 & 2 Neptune Court on Orion Business Park from Parmley Technologies and leased them back to the company by way of a 10-year agreement. The deal releases […] Posted by: Mya Driver Read more
British Land unveils plans to transform London’s Euston Tower into a life sciences and innovation hub Jul 10, 2023 Leading property company British Land has unveiled plans to redevelop Euston Tower through an innovative combination of retention, re-use and an ultra-low carbon new structure. The plans would transform the building into a pioneering, modern, net zero workspace for cutting-edge businesses of all sizes, including new world-class, lab-enabled spaces at the heart of London’s Knowledge […] Posted by: Mya Driver Read more
UKREiiF tops social value charts, generating £2.25M in social impact Jul 10, 2023 The UK’s largest built environment and real estate investment event generated more than £2.25 million in social value, according to economists at social value consultancy Loop. The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) made a return to central Leeds for a second year this May, doubling in size from its inaugural outing. The […] Posted by: Mya Driver Read more
