Zephyr X completes acquisition and begins groundworks on new care home Nov 4, 2024 Zephyr X has announced the completion of the site purchase and the commencement of groundworks for a state-of-the-art senior living development situated in Bishop’s Waltham in Hampshire. The new care home is set to redefine the standard of comfort, privacy, and quality in senior living, according to the developer. The development, thoughtfully designed to foster […] Posted by: Mya Driver Read more
Helical completes sale of its 50% interest in the JJ Mack building Nov 1, 2024 Helical plc has completed the sale of its 50% interest in Charterhouse Place Limited, the owner of The JJ Mack Building, London, EC1, to its joint venture partner, AshbyCapital, for £71.4m, with a minor dilution of 4p per share to the 31 March 2024 EPRA NTA. The transaction reflected a price of £139.2m for Helical’s 50% […] Posted by: Mya Driver Read more
Citu and Urban Splash Residential Fund announce £200m partnership Nov 1, 2024 The Urban Splash Residential Fund (USRF), and its Investment Adviser SURE Capital Partners, have entered into a significant new partnership with sustainable developer Citu, signing a Memorandum of Understanding (MoU) worth £200m. The arrangement gives USRF priority access to Citu’s pioneering properties and single family homes across Yorkshire for the next five years, marking a […] Posted by: Mya Driver Read more
Greycoat Acquires Landmark Office Building in London for £180 Million Nov 1, 2024 Greycoat, a leading full-service independent property partner, has successfully acquired the flagship office building at 90 High Holborn, WC1, from LabTech Investments Limited in a transaction valued at £180 million. This acquisition represents one of the most significant office investment deals in the UK for the year. Strategically situated in the heart of London’s Midtown, […] Posted by: Mya Driver Read more
Crest Nicholson secures planning for 109-new homes Nov 1, 2024 Leading house builder Crest Nicholson has secured planning permission for 109 new homes in Stratford-upon-Avon, Warwickshire, marking the next phase of the wider Meon Vale development site. As part of the wider scheme, Crest Nicholson will bring a mix of two, three, four and five bedroom homes, each featuring PV solar panels and Electric Vehicle […] Posted by: Mya Driver Read more
Investors Thriving Investments and Gresham House form affordable housing JV Nov 1, 2024 Thriving Investments, the socially conscious fund manager which is part of the Places for People (PfP) group and is focused on the UK Living sector, has formed a partnership with Gresham House, the specialist alternative fund manager, to create a new UK-leading affordable housing fund management platform. The partnership will manage Gresham House Residential Secure […] Posted by: Mya Driver Read more
Legal & General Investment Management Acquires Premium Office Space in London’s Soho Oct 31, 2024 Legal & General Investment Management (LGIM) is pleased to announce the acquisition of the office building at 30 Golden Square, Soho, London, for its open-ended UK Property Fund. Located in one of London’s most vibrant and highly sought-after districts, this premium property reinforces LGIM’s commitment to investing in high-quality commercial real estate within key urban […] Posted by: Mya Driver Read more
Approval Granted for New 60-Bed Care Home in Corstorphine, Edinburgh Oct 31, 2024 A new 60-bed care home has received planning approval for a prominent gap site at the corner of St Johns Road and Manse Road in Corstorphine, Edinburgh. Proposed by Northcare Scotland and Unum Partnership, this project marks an important step in addressing Edinburgh’s care needs and enhancing a vacant space within the Corstorphine Conservation Area. […] Posted by: Mya Driver Read more
PPHE Hotel Group Announces Strong Revenue Growth and Strategic Advancements Amidst New Openings Oct 31, 2024 PPHE Hotel Group, the international hospitality real estate group that develops, owns, and operates hotels and resorts, is pleased to announce a positive trading update for the third quarter ended 30 September 2024. Q3 Financial Highlights Regional Performance Overview In the UK and the Netherlands, PPHE’s hotels maintained stable performances, driven by steady occupancy increases […] Posted by: Mya Driver Read more
Custodian Property Income REIT sells office unit at 33% premium to valuation Oct 31, 2024 Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of a vacant office unit in Solihull for £1.4m, representing a 33% premium to the 30 June 2024 valuation. Commenting on the […] Posted by: Mya Driver Read more
