Railpen to fund development of new mental health facility in Sunderland Oct 21, 2022 Railpen has announced it is to fund the redevelopment and extension of an existing mental health facility in Sunderland for the Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust. Railpen, one of the largest pension managers in the UK, has announced it is to fund the redevelopment and extension of an existing mental health facility […] Posted by: Mya Driver Read more
Custodian REIT sells North-East Shopping Centre for £9.3 million, ahead of 2021 purchase price Oct 21, 2022 Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of its only high street shopping centre for £9.3 million. The Company purchased the 73,367 sq ft shopping centre in Gosforth as part of its […] Posted by: Mya Driver Read more
Animate gets green light for next phase Oct 21, 2022 Animate, a multi-million pound leisure and entertainment complex at the heart of Preston’s city centre, has been given the green light by Preston City Council to move to the next key stage of development. The scheme is being funded by the City Council, with support from the Towns Fund and the City Deal and will […] Posted by: Mya Driver Read more
Invesco backs UKREiiF sponsor Related Argent’s £8bn Brent Cross Town development Oct 20, 2022 Related Argent, one of the most respected owner, developer, operators in UK property and a sponsor at UKREiiF, has formed a joint venture with Invesco Real Estate, the global real estate investment manager which is acting on behalf of a US separate account client, to deliver £600m of Gross Development Value (“GDV”) at the £8Bn […] Posted by: Mya Driver Read more
Peel Cubico Renewables launches green energy scheme on Isle of Man Oct 20, 2022 Proposals for the first solar farm to provide affordable green energy to residents and businesses on the Isle of Man and begin the decarbonisation of electricity generation on the Island launches today (20 Oct). The plans for the Billown Solar Farm in Malew, near Castletown are being put forward by Peel Cubico Renewables (PCR) and […] Posted by: Mya Driver Read more
Oxford Properties and M7 Real Estate announce EV infrastructure investment Oct 20, 2022 SSE Energy Solutions has kicked off plans for a major electric vehicle (EV) charging network across the UK by announcing a significant new partnership with global commercial real estate investor, asset manager and business builder, Oxford Properties (Oxford) and its pan-European portfolio company M7 Real Estate (M7). SSE plans to build 300 EV charging bays […] Posted by: Mya Driver Read more
Aldermore provides £21m of loans for PBSA development in Leeds Oct 20, 2022 Aldermore has provided loans totalling £20.9m to Study Inn Group for a 400 room, two phase student accommodation development, in the heart of Leeds city centre. The first phase, Brotherton House on Grace Street was converted and regenerated to create 163 rooms and opened for the student intake in September 2022 with all rooms fully […] Posted by: Mya Driver Read more
Share purchase by Simon Lee, LXi Investment Advisor Oct 19, 2022 The Board of LXI REIT (ticker: LXI), the specialist inflation-protected very long income REIT, announces that Simon Lee, Partner and Fund Manager of the Company’s Investment Advisor, LXI REIT Advisors Limited, acquired 207,989 ordinary shares in the capital of the Company at 118.9 pence per share for a total cost of £247,299 on 17 October 2022. LXi REIT PLC recently exchanged contracts with J Sainsbury […] Posted by: Mya Driver Read more
Norway Oil Fund Buys 48.75% Stake in UK Life-Sciences Property For £90.2m Oct 19, 2022 Norges Bank Investment Management has signed an agreement to acquire a 48.75 percent interest in a property which will be developed into a life sciences property, located at Capital Park in Cambridge. The investment will be made in joint venture with the Public Sector Pension Investment Board “PSP Investments” and Longfellow Real Estate Partners “Longfellow”. […] Posted by: Mya Driver Read more
3000 acre property for sale in Cumbria Oct 19, 2022 Mitchell’s Land Agency is selling a property that extends to 3,000 acres and rises to 931m on the summit of Skiddaw one of the Lake District’s most visually pleasing fells. Skiddaw House, the most Secluded House in England rests 1,500 feet above sea level, on the back of spectacular Skiddaw. “As one of the oldest established […] Posted by: Mya Driver Read more
