Anchor Homes seeks partners for 5700 home Feb 6, 2023 Later living provider Anchor is seeking development consultant partners to help realise ambitious plans to deliver 5700 new homes over the next ten years. Anchor, England’s largest provider of specialist housing and care for people in later life, will deliver the schemes across England, developing retirement communities that comprise 60 or more homes for sale, […] Posted by: Mya Driver Read more
Biggest ever resi deal! Countryside Partnerships completes £112 million residential deal for 1200 homes Feb 6, 2023 Countryside has completed a £112 million acquisition of Peel Hall, Warrington. The deal is believed to be the highest land value residential deal ever concluded in the North of England. The deal, which is a joint venture with Torus Developments, will see the 170 acre site – purchased from Satnam Millennium, developed into 1,200 new […] Posted by: Mya Driver Read more
Logistics heavyweights Caisson and iO Merger: £1 Billion Platform Feb 6, 2023 Two specialist industrial and logistics investment and asset managers Caisson Investment Management and iO Asset Management, are merging. The merger will create approximately £1 billion of assets between the UK and Poland. Both specialise in managing assets in authority pension funds, institutional investors, family offices and corporates. The new ‘Caisson iO group’ will consist of […] Posted by: Mya Driver Read more
Native Places-Managed Bankside Aparthotel sold to Jastar Capital Feb 6, 2023 Native Bankside, one of London’s top aparthotels, has been sold by Create REIT to Jastar Capital for in excess of £40 million. In a transaction which underpins the growing strength of the aparthotels sector, the 75-unit, five-year-old development has been sold but will continue to be operated by Native Places under a new long-term management […] Posted by: Mya Driver Read more
HS2 welcomes planning approval for Washwood Heath Depot near Birmingham Feb 3, 2023 Today [Thursday 2 February], Birmingham City Council granted Schedule 17 approval under the HS2 Phase One Act 2017, for HS2’s Washwood Heath Depot, north-east of Birmingham city centre. This is where HS2 trains will be maintained, serviced and stored when not in use, and includes the Maintenance Building, Network Integrated Control Centre (NICC) and Cleaners […] Posted by: Mya Driver Read more
Tunstall Arrow Phase Two Sale Completes Feb 3, 2023 Phase Two of the Tunstall Arrow Business Park, in Stoke-on-Trent has been completed and sold. The second phase of this highly popular scheme provides an additional 111,400 sq. ft of industrial and logistics workspace on a 7-acre plot. Phase Two comprises five high-specification, highly sustainable, energy efficient business premises for industrial or logistics uses, ranging […] Posted by: Mya Driver Read more
Schroder Real Estate Investment Trust Limited results Feb 3, 2023 Schroder Real Estate Investment Trust Limited the actively managed UK-focused REIT, announces its net asset value (‘NAV’) and dividend for the quarter to 31 December 2022 and provides an update on portfolio activity. Key points NAV decreased to £303.3 million or 62.0 pence per share (‘pps’) (30 September 2022: £366.0 million or 74.8 pps), which, […] Posted by: Mya Driver Read more
Rushmere Shopping Centre sold to private investors Feb 2, 2023 Rushmere Shopping Centre and Retail Park, home to some of the UK and Ireland’s most prominent retailers, has been sold out of Administration for an undisclosed sum to Killahoey Ltd, a joint venture between Northern Ireland based companies Sheephaven and May Street Capital. Rushmere Shopping Centre first opened its doors in 1976 and has been […] Posted by: Mya Driver Read more
Black Country firm’s expansion has resulted in £2.6 million property purchase in North Yorkshire Feb 2, 2023 An expanding Black Country company which owns various specialist businesses has purchased North Yorkshire warehouse for £2.6 million in a deal advised by legal experts at Thursfields Solicitors. HBI Investment Ltd, based in Halesowen, has bought the 50,000 sq ft property on the Gatherley Road Industrial Estate in Brompton on Swale, near Richmond. HBI is […] Posted by: Mya Driver Read more
REIT new leasing activity continues to deliver rental growth Feb 2, 2023 UK Commercial Property REIT Limited which owns a £1.31 billion portfolio of high quality and diversified real estate across the UK today provides a net asset value and trading update for the fourth quarter of 2022. Highlights 12.3% increase in EPRA earnings per share to 0.82p (30 September 2022: 0.73p) for the quarter leading to […] Posted by: Mya Driver Read more
