United Trust Bank provides funding for £24m Build to Rent scheme by Oblix Living May 30, 2023 United Trust Bank (UTB) is providing £15.3m of funding to growing Build to Rent developer Oblix Living to complete their conversion of Saxon House in central Leicester. Founded in 2020 by Rishi Passi and Anthony James, Oblix Living is a specialist developer, investor and operator of residential rental assets in strategically selected locations across the UK. It develops […] Posted by: Mya Driver Read more
Peel Ports appoints Glencar to build major new £28M portside multi-user warehouse development in Liverpool May 30, 2023 Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by leading UK Port Operator Peel Ports to construct a new 240,000 sq. ft warehouse facility at Alexandra Docks within Peel Ports Port of Liverpool development located in Bootle. The new £28M […] Posted by: Mya Driver Read more
First logistics sites purchased through exciting new partnership May 30, 2023 A leading Midlands property and development company has expanded its portfolio after agreeing terms to acquire two logistics sites in the region. Warwickshire-based The Wigley Group has agreed to purchase Bermuda Park on Buckingham Close, Nuneaton, and a city centre trading estate on Craven Street, Leicester, at a total price of £7.95 million. The two fully-let sites offer a combined 13 units, with nine units providing 53,256 sq ft of […] Posted by: Mya Driver Read more
LCIV UK Housing Fund makes its first investment with CBRE IM May 26, 2023 Following a first close of the LCIV UK Housing Fund (the “Housing Fund”) on 31 March 2023, CBRE UK Affordable Housing Fund (“CBRE UK AHF”) has been selected as the first investment, with a formal close into CBRE UK AHF occurring on 5 May 2023. Andrew Davey, Head of Liability Aware Strategies and Affordable Housing at […] Posted by: Mya Driver Read more
UK Biobank will move to Manchester Science Park following £127.6m funding from UKRI May 26, 2023 UK Biobank, the world’s most significant source of data and biological samples for health research, is set to receive £127.6m to fund a move to a larger, faster, and more efficient, purpose-built facility at Bruntwood SciTech’s Manchester Science Park. This follows an application by the Medical Research Council to the UK Research and Innovation (UKRI) […] Posted by: Mya Driver Read more
Harlow is set to get a “fully-funded” new hospital with construction to start in 2025 May 26, 2023 After a decade of lobbying from Robert Halfon MP and a pledge at the last General Election, the Government has today confirmed Harlow’s new hospital will be built, with construction starting in 2025. The new high-tech health campus, backed by hundreds of millions of Government investment, will be constructed using the latest technologies to ensure […] Posted by: Mya Driver Read more
UKCM agrees £74 million sale of Wembley logistics asset May 26, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), announces that it has sold its 186,455 sq ft Wembley180 logistics asset in London to Covent Garden IP Limited (“CG”), a registered charitable company. UKCM will receive a consideration of £74 million, which reflects a net initial yield of 3.49% and is broadly in […] Posted by: Mya Driver Read more
Reconomy Group acquires UK Waste Solutions Limited May 25, 2023 Reconomy Group, a leading global circular economy specialist providing sustainability technology, data and services to a broad range of industries, announces the acquisition of UK Waste Solutions Limited. Headquartered in Newark, Nottinghamshire, UK Waste Solutions Limited are sustainability consultants and managers who specialise in supporting clients across the hospitality, distribution, transport, facilities management, manufacturing and […] Posted by: Mya Driver Read more
Queensberry Founder Paul Sargent urges developers to embrace lessons learned at UKREiiF for the future of development May 25, 2023 Queensberry was a shortlisted entrant for the prestigious Developer of the Year Award at this year’s UK Real Estate Investment and Infrastructure Forum (UKREiiF). Never has its corporate mission to make the world a better place to live in, been more relevant. Founder, Paul Sargent shares his insights from the week’s events and reflects on […] Posted by: Mya Driver Read more
Kadans continues Oxford expansion with Windrush Innovation Centre purchase May 25, 2023 Kadans Science Partner will add Windrush Innovation Centre in Oxford, UK to its Pan-European portfolio. The asset will be freehold acquired from Tozi Limited. Kadans intends to demolish the existing building and create over 60,000 sq ft of new high specification laboratory and office space in partnership with the tenant, Oxford Biomedica. Oxford is a […] Posted by: Mya Driver Read more
