Go ahead given for new £12.5m health hub in Castleford Nov 10, 2022 Health care for residents in Castleford will get a massive boost after councillors gave the green light to a multi-million pound investment in a new purpose-built health hub in the town. With increasing demand for healthcare services, Wakefield Council is investing £12.5 million in building a new hub, after Cabinet members approved funding (on Tuesday […] Posted by: Mya Driver Read more
Essex Pension Fund Makes £100m Anchor Commitment to Stafford Carbon Offset Opportunity Fund Nov 9, 2022 Essex Pension Fund has made a £100m anchor commitment to the Stafford Carbon Offset Opportunity Fund as it further expands its global timberland portfolio and accelerates its transition to Net Zero. Managed by Stafford Capital Partners (Stafford), the Stafford Carbon Offset Opportunity Fund is a new Article 9 impact fund that will develop new commercial […] Posted by: Mya Driver Read more
Manchester Council moves ahead with first phase 378 homes of Project 500 housing initiative Nov 9, 2022 The project is a housing initiative that will deliver new low carbon affordable housing on smaller Council-owned brownfield sites across the city in partnership with Manchester’s network of registered housing providers. The first phase of the project will build 378 new low carbon affordable homes across 27 sites, predominantly in the north and east of […] Posted by: Mya Driver Read more
UK’s first large-scale merchant lithium refinery announced for Middlesbrough Nov 9, 2022 The UK’s first large-scale merchant lithium refinery will provide battery grade materials for use in the electric vehicle, renewable energy and consumer technology supply chains. Green Lithium has unveiled Teesport in Middlesbrough as the site for their forthcoming lithium refinery, delivering more than 1,000 jobs in construction and 250 long-term high-skill jobs for local people […] Posted by: Mya Driver Read more
Gosforth shopping centre back in local hands after £9.3m acquisition Nov 9, 2022 A North East real estate firm has brought a leading retail investment back into local hands for the first time in eight years, following an off market deal. Monument Real Estate, which is based in Newcastle, has led the acquisition of Gosforth Shopping Centre in an off-market transaction, with the backing of a consortium of […] Posted by: Mya Driver Read more
Ross buys 400 acre Hallhill Developments Nov 9, 2022 Property developer Ken Ross has purchased Hallhill Developments, the large mixed-use development in Dunbar, for an undisclosed sum. The 400-acre project consists of more than 1,500 homes, sports facilities and 56 acres of forest, in addition to school services and commercial and retail units. Mr Ross said: “I am proud to have worked for Dunbar […] Posted by: Mya Driver Read more
£3.2 Billion Arden Cross selects Muse as Development Partner Nov 9, 2022 Arden Cross Limited, the consortium behind the £3.2 billion, mixed-use commercial and residential destination at the heart of the Midlands, has agreed a landmark development deal with national developer, Muse. The agreement will see the 140 Ha (346-acre) Arden Cross regeneration move forward with one of the UK’s leading names in mixed-use development, who has […] Posted by: Mya Driver Read more
Leasing momentum continues to drive income returns and support fully covered dividends Nov 9, 2022 Richard Shepherd-Cross, Managing Director of Custodian Capital Limited, said: “We believe strong recent leasing activity demonstrates the resilience of Custodian REIT’s well-diversified investment portfolio and the depth of the occupational market, the strength of the Company’s balance sheet, low gearing and a longer-term fixed rate debt profile will continue to support a high income return […] Posted by: Mya Driver Read more
St. Modwen acquires 170,000 sq ft Hatfield distribution centre Nov 9, 2022 St. Modwen, a leading logistics developer and manager, has acquired a c.170,000 sq ft cross-docked distribution centre in Hatfield, Hertfordshire. The high-specification distribution warehouse is located on the Hatfield Business Park, one of the South East’s premier distribution centres located close to the A1 and M25, and just 22 miles north of Central London. The […] Posted by: Mya Driver Read more
Aareal Bank refinances Tristan’s UK hotel portfolio Nov 9, 2022 Aareal Bank has delivered £239.9 million to refinance the acquisition of a UK hotel portfolio in UK for Tristan Capital Partners. In 2022 Tristan’s European Property Investors Special Opportunities 6 (EPISO 6) became majority shareholders in Raag Hotels Limited which owns “Point A”. The acquisition bought them nine hotels in London, Edinburgh and Glasgow – managed and […] Posted by: Mya Driver Read more
