PLP secures planning for 1 million sq ft logistics unit at Milton Keynes May 25, 2023 PLP has been granted detailed planning consent at PLP MK for a single cross-dock unit of approximately 1 million sq ft, making it the largest immediately deliverable logistics building in the United Kingdom and a unique proposition for the occupational market. The 44-acre second phase of PLP MK, is the only fully consented, fully serviced […] Posted by: Mya Driver Read more
Proposals announced for 20-minute neighbourhood at Straiton May 25, 2023 Exciting proposals to deliver a residential-led development at Straiton North in Midlothian have been announced. Located on the opposite side of Straiton Road from the retail park, proposals by Straiton Estates Ltd will see the delivery of a mix of uses as part of a new 20-minute neighbourhood if consented. In addition to new much-needed […] Posted by: Mya Driver Read more
Class Q development opportunities worth £1.3bn in current market May 25, 2023 The latest research from Searchland, the development site sourcing specialists, has revealed that there is an estimated £1.3bn worth of development potential currently held within Class Q sites across the market in England. Searchland analysed the number of Class Q sites currently available across England, the total building area they occupy and the current market […] Posted by: Mya Driver Read more
Capital & Regional PLC – AGM Trading Update May 25, 2023 Capital & Regional, the UK convenience and community focused shopping centre REIT, today provides an update on trading and developments within its property portfolio ahead of its Annual General Meeting later this morning. Lawrence Hutchings, Chief Executive, commented: “Capital & Regional’s operational performance remains robust, with the affordability of our rents and focus on value orientated, non-discretionary and needs based retail and […] Posted by: Mya Driver Read more
819 bed PBSA scheme in Bristol forward sold to KKR May 24, 2023 Watkin Jones, the UK’s leading developer and manager of residential for rent, is pleased to announce that the Group has exchanged contracts with funds managed by KKR, a leading global investment firm, to forward fund an 819-bed purpose-built student housing (PBSA) scheme in Dalby Avenue located in Bedminster, Bristol. The consideration will be payable to […] Posted by: Mya Driver Read more
EQT Exeter submits planning for new Knowsley scheme May 24, 2023 EQT Exeter has submitted a planning application for a new 442,000 sq ft high-quality logistics facility to replace an existing building in Knowsley, Merseyside. The plans would see the redevelopment of Deacon Park, a multi-occupied existing building, which is located on Moorgate Road North. EQT Exeter acquired the site in 2021 and has since been […] Posted by: Mya Driver Read more
Puma Property Finance and Glenmore Group partner on new £25 million student accommodation project in Dundee May 24, 2023 Puma Property Finance (Puma) has today announced it is providing a development facility for Glenmore’s most recent purpose-built student accommodation (PBSA) project in Dundee. The £25 million, 152-bed all-studio accommodation is located minutes away from both the University of Dundee and Abertay University, next to the city centre. The development will be Puma’s third with […] Posted by: Mya Driver Read more
Empiric Student Property plc – Business and Trading Update May 24, 2023 Empiric Student Property plc (ticker: ESP), the owner and operator of premium, studio-led, student accommodation across the UK, is pleased to provide a business and trading update as at 23 May 2023. Highlights Duncan Garrood, Chief Executive Officer of Empiric Student Property plc, said: “The booking cycle for academic year 2023/24 continues to track significantly […] Posted by: Mya Driver Read more
abrdn European Logistics Income plc – Portfolio Update and Unaudited Net Asset Value as at 31 March 2023 May 24, 2023 abrdn European Logistics Income plc (LSE: ASLI), the Company which invests in a diversified portfolio of European logistics real estate, announces its unaudited quarterly Net Asset Value (“NAV”) for the quarter ended 31 March 2023. Summary • The portfolio valuation decreased from €758.7 million to €722.7 million, a 4.7% like-for-like valuation decline, reflecting continued market […] Posted by: Mya Driver Read more
Maia Real Estate Group Seals £7.3m Loan from Secure Trust Bank to Fund Expansion May 23, 2023 Maia Real Estate Group has secured a £7.3m investment property loan from Secure Trust Bank (STB) Real Estate Finance to invest in seven apartment developments across Cheltenham and London. Active in multiple categories of real estate, Maia Real Estate Group’s core focus is on multi-residential assets in the UK. Maia acquired a portfolio of six […] Posted by: Mya Driver Read more
