UKREiiF confirms Pick Everard as partner Jan 12, 2023 Leading independent, multi-disciplinary property and construction consultancy Pick Everard has confirmed its involvement in the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. With more than 650 employees across 15 national offices, Pick Everard is one of the UK’s leading companies, supporting both public […] Posted by: Mya Driver Read more
Tungsten Properties sells ‘Super W’ net zero warehouse for £32.1 million Jan 11, 2023 Tungsten Properties has sold Super W, a 246,136 sq ft (22,866 sq m) newly built prime distribution warehouse unit in Warrington, Cheshire to Leftfield for £32.1 million reflecting a net initial yield of 4.96%. In August 2022, Super W was let to Farmfoods Limited on a 25-year lease at a rental of £1.7 million per annum for their distribution warehouse. Super W is situated in […] Posted by: Mya Driver Read more
Sterling Capitol sells two office buildings at Capitol Park Leeds Jan 11, 2023 Leading Yorkshire property development and investment company Sterling Capitol has sold two prime office assets at Capitol Park, Leeds. The value of the two transactions has not been disclosed. The first asset was the 4,862 sq ft 1 Sterling Way, occupied by Create Fertility, let on a new 10-year lease, was bought by Assura PLC, […] Posted by: Mya Driver Read more
Puma Property Finance inks £50m loan to Scape Living for transformational co-living, commercial and events space in East London Jan 11, 2023 Puma Property Finance (Puma) today announces it has provided a facility of approximately £50m for a transformational co-living, commercial and events development in Walthamstow, East London. The development, directly opposite Blackhorse Lane station, will see the creation of 273 residential living units as well as new commercial co-working areas and a flexible performing arts events […] Posted by: Mya Driver Read more
Investment boost for Liverpool and East Anglia as Freeports given green light Jan 11, 2023 Freeports in Liverpool and East Anglia have received final government approval meaning the majority of English Freeports are now fully up and running. Freeports in Liverpool and East Anglia have received final government approval today (Tuesday 10th January) meaning the majority of English Freeports are now fully up and running. Freeport East and Liverpool City […] Posted by: Mya Driver Read more
Aviva Investors acquires distribution warehouse at Suttons Business Park, Reading Jan 11, 2023 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has acquired an urban distribution warehouse at Suttons Business Park, located on the outskirts of Reading, Berkshire. The high-specification, single-let unit spans over 210,000 sq ft and features 53 cross-docking bays with space for over 140 vehicles, an integrated three-storey office facility […] Posted by: Mya Driver Read more
Arc & Co and Pluto Finance complete £18m of BtR development loans Jan 11, 2023 Arc & co. and Pluto Finance have completed on two development-to-investment loans, totalling £18 million, to a private residential developer. The new facilities, structured by Arc & Co. and financed by Pluto, will enable the development of two residential build-to-rent assets, followed by an investment loan for longer-term holding on completion of construction. Located in […] Posted by: Mya Driver Read more
Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park Jan 10, 2023 Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, is to be transformed into a 1.2 million sq ft industrial and logistics park after Goodman secured outline planning permission for the development. Goodman will regenerate the existing site and take a circular approach to construction, focusing on minimising waste and resources in delivering Goodman London Luton. The […] Posted by: Mya Driver Read more
EDF & Luminous announce mega solar project in Lincolnshire Jan 10, 2023 EDF Renewables UK and Luminous Energy have announced plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford in Lincolnshire. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes* every year […] Posted by: Mya Driver Read more
Lismore’s review predicts opportunities in a more liquid Scottish investment market Jan 10, 2023 Leading independent property advisory firm, Lismore Real Estate Advisors, today released its review of the Scottish investment market for the final quarter of 2022, along with predictions for 2023. Simon Cusiter, Director of Lismore comments: “The speed and extent of the pricing correction that has taken place in the latter half of 2022 has caught […] Posted by: Mya Driver Read more
