United Trust Bank Structured Property Finance provides £3.76m loan to Nacropolis to seize an off-market acquisition opportunity Nov 15, 2022 United Trust Bank (UTB) Structured Property Finance has provided a £3.76m sales period facility to the Nacropolis Group to complete a time sensitive off-market acquisition. Nacropolis is a successful property development company with a contemporary design led approach and a strong reputation for delivering high quality residential conversions of listed and redundant commercial buildings, as well […] Posted by: Mya Driver Read more
Kadans buys Oxford Biomedica Windrush Court Site for £60m Nov 15, 2022 Kadans Science Partner will add Windrush Court in Oxford, UK to its Pan-European portfolio. The asset will be acquired from Oxford Biomedica in a sale and lease back transaction. Windrush Court is a c.75,000 sq ft building which will be leased back, in its entirety, to Oxford Biomedica. Oxford Biomedica works across key viral vector […] Posted by: Mya Driver Read more
BWP REIT PLC has raised £35m for Leeds property Nov 15, 2022 BWP REIT PLC has raised £35m and will list on the IPSX, the world’s first regulated exchange for single asset real estate companies. The listing also shows how IPSX as a public market can be used as a force for good and a new capital markets option – in this case solving a cladding issue […] Posted by: Mya Driver Read more
Thrive Homes acquires over 500 homes from L&Q in Eastern England Nov 15, 2022 Thrive Homes, a leading professional landlord across Hertfordshire, Bedfordshire, Buckinghamshire and Oxfordshire, today [Monday 14th November 2022] announces the acquisition of over 500 homes, more than 400 of which are affordable, from L&Q, one of the UK’s largest charitable housing associations. Following a period of stock rationalisation, L&Q has been looking into how residents in […] Posted by: Mya Driver Read more
Prime Edinburgh residential development sites for sale Nov 14, 2022 Five sites at Western Harbour and three sites at Granton have been put up for sale in Edinburgh. The sites are considered to have high strategic value due to the potential for scaled residential development at a time when the city desperately requires more housing choice. The five waterfront residential development sites at Western Harbour […] Posted by: Mya Driver Read more
Plans for 1.35 million square foot of employment space in Warrington unveiled Nov 14, 2022 First phase redevelopment plans for the former Fiddler’s Ferry Power Station in Warrington launch today which will unlock over 2,100 jobs and address a long-term shortage of modern employment space in the area. Peel NRE, which acquired the decommissioned coal-fired power station in July, is consulting on proposals to demolish and develop the initial 90 […] Posted by: Mya Driver Read more
Puma Property Finance commits £33m funding to build three new care home developments and address growing demand in regional areas Nov 14, 2022 Puma Property Finance (Puma) has today announced it is providing over £33m of development funding to finance three separate care homes in Oxfordshire, West Sussex and Cambridgeshire, in its continued support for the care sector. In Oxfordshire and West Sussex, one care home operator will lead the development of both sites, creating spacious ensuite bedrooms, […] Posted by: Mya Driver Read more
Sancus gives £10.95 million development loan for residential project Nov 14, 2022 Sancus Lending Group has provided a £10.95 million loan for Bowsfield, an All Saints Developments’ scheme for high spec homes in Norfolk. The 67% loan to gross development value (LTGDV) loan over a 24-month term is Phase 2 of the overall development, enabling the development of 22, mainly detached three, four and five-bedroom residential houses […] Posted by: Mya Driver Read more
Developer secures extra £10m funding for eco-friendly retirement village Nov 14, 2022 An eco-friendly village for over-55s, in Burnham-on-Crouch, Essex, is set to grow further following the developer’s securement of an additional £10m of funding for the project from Shawbrook. The new finance will support the expansion of the first part of Burnham Waters by an additional 19 bungalows, taking the total for this phase to 63 […] Posted by: Mya Driver Read more
Hines and Clowes expand venture to develop 1.15m sq ft of best in class logistics space Nov 14, 2022 Hines, a global real estate investment, development, and property manager, in response to continued demand from global occupiers, continues to grow its logistics development presence in the UK and Europe via the expansion of its joint venture with Clowes, the UK property investor and developer, to develop a total of 1.15 million square feet (107,000 […] Posted by: Mya Driver Read more
