Gamuda purchases Winchester House London for RM1.39b Mar 28, 2023 Gamuda Bhd, together with its partner Castleforge Partners Ltd — a UK-based real estate private equity investor — has bought the eight-storey commercial building Winchester House London for £257 million (RM1.39 billion). The construction and property group and its partner, via Venta Belgarum II Ltd Pt (VB II), have signed a sale and purchase agreement […] Posted by: Mya Driver Read more
LondonMetric sells five distribution warehouses for £35 million Mar 28, 2023 LondonMetric Property Plc (“LondonMetric”) announces that it has exchanged on the sale of five assets in two transactions for £34.8 million, which reflects a NIY of 5.0% and a 4% discount to 30 September 2022 book value. Four of the assets have been sold as a portfolio for £25.5 million. The properties have a WAULT […] Posted by: Mya Driver Read more
Ambitious plans for counties towns and villages Mar 28, 2023 Durham County Council is continuing to work with partners to help regenerate towns and villages across the county. Through its ambitious £25 million Towns and Villages Investment Plan, the council is working to improve communities, supporting retail businesses, helping to boost footfall, creating more and better jobs, and enhancing the county as a whole. Supporting […] Posted by: Mya Driver Read more
Landsec investment and operational update Mar 28, 2023 Landsec continues to build on strong operational and strategic momentum. Since its half year results, Landsec has continued to build on its operational and strategic momentum. It has capitalised further on the ongoing customer demand for prime space across Central London offices and major retail destinations, while also recycling capital out of mature assets into […] Posted by: Mya Driver Read more
Seaham Garden village at the cutting edge of new low carbon heating scheme Mar 28, 2023 Plans to use mine water to heat new development at Seaham Garden Village are set to be the first of its kind in the Country. Part of the Governments Garden Villages Programme, Seaham Garden Village is a new sustainable community located to the south of the town close to the A19, Dalton Retail Park and […] Posted by: Mya Driver Read more
NETPark – A Jewel in the region’s business crown Mar 28, 2023 North East Technology Park (NETPark) is a globally significant science park where innovation is the order of every day. It is where thinkers go to think, inventors go to invent, and doers go to do. In the almost 20 years since it opened NETPark has become a jewel in Durham County Council and the region’s […] Posted by: Mya Driver Read more
Strategic sites to unlock business potential Mar 28, 2023 Durham holds the key to commercial success – no matter what the business, which sector it operates in, or the size of the company. With a jigsaw of five key strategic sites covering the county the potential to unlock success is there for everyone – those looking to relocate, invest, launch a start-up or grow […] Posted by: Mya Driver Read more
A bold vision for County Durham’s economy Mar 28, 2023 County Durham’s Inclusive Economic Strategy sets a clear, long-term vision for the area’s economy up to 2035, with an overarching aim to create more and better jobs in an inclusive, green economy. Developed through County Durham Economic Partnership (CDEP), an economic review was undertaken which provided an external assessment of the county’s economy. Stakeholders were […] Posted by: Mya Driver Read more
Durham County Council partner with UKREiiF 2023 Mar 28, 2023 Durham County Council, have confirmed their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. As part of an ongoing drive to deliver the County’s Inclusive Economic Strategy, Durham County Council have secured their spot in the UKREiiF exhibition hall where they […] Posted by: Mya Driver Read more
Why Durham? Mar 28, 2023 County Durham has emerged as a real ‘land of business opportunity’ in recent years with a fantastic mix of factors that put it at the top of the list for investment and development, access to skilled workers, and partnership working. With massive amounts of development already planned – and more in the pipeline – Durham […] Posted by: Mya Driver Read more
