Lovell swoops for £4.2m former Yorkshire mill for residential scheme Feb 14, 2023 Acting on behalf of our Paramount Retail Group, Lambert Smith Hampton (LSH) has advised on the sale of Greenside Mill in Skelmanthorpe, a former textile mill and brownfield site located between Huddersfield and Wakefield. Lovell Partnerships has acquired the land and will deliver a development of 46 new homes on the 4.6-acre site. Work is […] Posted by: Mya Driver Read more
Palace Capital dispose of industrial asset in £3.2m deal Feb 14, 2023 Palace Capital announces that it has sold, in an off-market transaction, its industrial property in Plymouth for £3.2m, marginally ahead of the 30 September 2022 book value and only 2.6% below the 31 March 2022 book value. The proceeds of sale have been used to reduce the Company’s gross and net debt which now stands […] Posted by: Mya Driver Read more
Belfry Shopping Centre sold to private investor Feb 14, 2023 Joint agents Knight Frank and Lambert Smith Hampton (Belfast) have negotiated the sale of Belfry Shopping Centre, Redhill for an undisclosed sum to a private investor represented by Running Hare. Located in Redhill, Surrey, the Belfry Shopping Centre was put on the market in 2022 by an NI based private investor and the sale was […] Posted by: Mya Driver Read more
M7 capital provides £7.4m loan to support acquisition of a shopping centre in Kent Feb 14, 2023 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £7.4 million loan to David Samuel Properties. The loan is secured against Bouverie Place shopping centre located in the coastal town of Folkestone in Kent comprising multiple units that extend to a […] Posted by: Mya Driver Read more
BECG Group latest name to sign up for UKREiiF 2023 Feb 13, 2023 BECG (Built Environment Communications Group) has confirmed its involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. BECG Group is the UK’s leading sector specialist communications consultancy for the built environment delivering planning communications, public affairs, government relations, corporate communications, public relations, […] Posted by: Mya Driver Read more
£600m JV Westminster plan Feb 13, 2023 Westminster City Council is moving ahead with plans for for a housing estate renewal project in the Marylebone Church Street market area. Plans involve redevelopment of three major sites to build over 1,100 new homes, with a minimum 50% affordable. This will involve full demolition of the huge Church Street estate neighbourhood. Blocks of approximately […] Posted by: Mya Driver Read more
Panattoni Acquires Prime West London Site for shed development Feb 13, 2023 Panattoni, the largest logistics real estate developer in the UK and Europe, is working up plans for a speculative 80,000 sq ft last-mile logistics development in the sought-after West London catchment. The net zero carbon development, which will be called Panattoni Poyle 80, is located west of London Heathrow and close to junction 14 of […] Posted by: Mya Driver Read more
Harel sells government-let ‘trophy’ office building Feb 13, 2023 Lleading Israeli insurance and finance group Harel has sold 50 Broadway SW1, located within walking distance of Victoria Station and the Houses of Parliament, to a high-net-worth private client, represented by Investra Capital. Harel Insurance and Finance is one of Israel’s largest insurance and finance groups. Their comprehensive product portfolio includes health, life, business, and […] Posted by: Mya Driver Read more
NHG deal adds 590 new homes to temporary housing portfolio Feb 13, 2023 Notting Hill Genesis and social impact property fund manager Resonance have agreed a partnership that will see them take over the management of almost 600 properties from Resonance’s property fund, so they can provide safe, affordable homes for families in the highest need. This partnership arrangement is the largest ever carried out by Notting Hill […] Posted by: Mya Driver Read more
Substantial site including a complex of buildings for sale in Shrewsbury Feb 13, 2023 A substantial site including a complex of industrial and commercial buildings is for sale in Shrewsbury. Offers in excess of £1.8 million are invited by Towler Shaw Roberts for the site at Wood Street, just off Ellesmere Road, which was once the Shrewsbury home for builders merchants Travis Perkins. The property, just north of the […] Posted by: Mya Driver Read more
