UKREiiF News

Hartlepool Development Corporation Board agree vision for future of town

The Hartlepool Development Corporation Board has unanimously agreed the masterplan to supercharge regeneration in the town at its second meeting. The plan is focused on accelerating Hartlepool by maximising the potential of its maritime past, manufacturing present and creative future. Its overall vision is: “Imaginative, Creative & Ambitious – A 21st-century maritime town; a thriving […]

Posted by: Mya Driver

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JR Capital and ChanceryGate £150m urban logistics fund acquires 12 units on Eastbourne’s Compton industrial estate

An industrial estate comprising 12 units totalling 121,780 sq ft on Compton Industrial Estate in Eastbourne has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund acquired the industrial estate from a joint venture between commercial property business Canmoor and investment […]

Posted by: Mya Driver

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Valor agrees 57,000 sq ft urban logistics letting in Birmingham following major sustainability-led refurbishment

Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has completed a 57,000 sq ft pre-let to Specialist Computer Centres (“SCC”) at Oscar House, in Birmingham. Having acquired the urban logistics property in 2021, Valor subsequently undertook a significant capex programme, which included a 6,000 sq ft extension and a number of […]

Posted by: Mya Driver

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Helical well positioned with 790,000 SQ FT development pipeline

Gerald Kaye, Chief Executive, commented: “The central London office market has suffered a fall in capital values over the last year and Helical has not been immune to these market movements, with our portfolio experiencing a valuation decline of 10.1% (on a like-for-like basis). “While previous valuation falls have been caused by recessions following periods […]

Posted by: Mya Driver

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Planning consent secured for next phases of Whitehall Riverside scheme

Town Centre Securities PLC (TCS), has secured planning consent for the next phases on the flagship mixed-use Whitehall Riverside development site in Leeds including two office buildings, a 478 space CitiPark car park and a hotel/aparthotel. The plan forms part of the wider regeneration of the strategically located riverside scheme and could see up to 235,000 sq […]

Posted by: Mya Driver

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LCP acquires major Southport retail park

LCP part of M Core, has acquired Central 12, a large shopping park on the outskirts of Southport. Anchored by an ASDA superstore, the centre comprises 162,143 sq ft of open convenience retail, with retailers including The Range, Poundland, Boots and Next. The 13-unit shopping park, located on Derby Road, close to Southport Railway Station, […]

Posted by: Mya Driver

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Nuneaton industrial estate sold following £6.375m deal

A significant industrial estate in Nuneaton has been sold following a £6.375 million deal. An unnamed fund has acquired Centrovell Trading Estate, on Caldwell Road, with Citivale acting as operating partner. The vendor was Warwickshire-based property investment company The Wigley Group. The estate is fully let to half-a-dozen businesses, with its latest tenant Rapid Metals […]

Posted by: Mya Driver

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