UKREiiF News

Martin’s Properties ‘still have £65m of cash to invest’ after buying retail and shed portfolio for £23.1m

London real estate company Martin’s Properties has snapped up a portfolio of four assets comprising a combined 130,000 sq ft in the South East for £23.1m. The four freehold assets, spanning 10 acres, include a Wickes retail warehouse in St Albans, Andover Retail Park in central Winchester and Speedfield Retail Park in Fareham, plus a […]

Posted by: Mya Driver

Read more

PRS REIT declares 11% growth in annual NAV

The PRS REIT has informed investors that it expects an 11% rise in net asset value (NAV) ahead of its results for the year to the end of June. The closed-ended real estate investment trust that invests in high-quality, new build, single family homes for the private rented sector, is forecasting unaudited NAV per share […]

Posted by: Mya Driver

Read more

Multi-million-pound plans to transform Altrincham Leisure Centre move closer

Trafford Council has applied for planning permission for the large-scale refurbishment of the popular Altrincham Leisure Centre – branded move Altrincham – on Oakfield Road in the town centre. If approved, move Altrincham will benefit from a 25m swimming pool, a 20m learner pool, a pool pod to improve accessibility, a combined lobby area with pool viewing and café, […]

Posted by: Mya Driver

Read more

AJC Group Receives Green Light for £15m Residential Scheme in Poole, Dorset

AJC Group has received a Resolution to Grant Planning Permission from Bournemouth, Christchurch and Poole (BCP) Council for its £15m residential scheme, on Commercial Road in the centre of the coastal town of Poole. The redevelopment of this important brownfield site, formerly occupied by The Sloop public house, will deliver 86 much needed apartments, which […]

Posted by: Mya Driver

Read more

Grosvenor and Mitsui Fudosan UK team up for Mayfair transformation

A new joint venture between Grosvenor and Mitsui Fudosan UK, the European operation of leading Japanese real estate developer Mitsui Fudosan, has been formed to deliver a key element of a sustainable mixed-use development in London’s Mayfair. Focusing on the 263,000 sq ft North and South blocks of the South Molton Triangle scheme, the partnership […]

Posted by: Mya Driver

Read more

Next steps for Bath City centre regeneration with £2.4m funding award

Ambitious plans to regenerate Milsom Quarter in Bath including a new home for the Fashion Museum have taken another step forward after being awarded more than £2.4m in new funding. The Milsom Quarter Masterplan will revitalise the north of Bath city centre by attracting creative industries, providing 180 new homes and transforming the area into a nationally […]

Posted by: Mya Driver

Read more

£155m Wigan development approved

Plans to create a new £155m community in Wigan with a mix of homes including affordable housing, parklands, a transport hub and 200 new jobs have been approved. The site will be built on greenbelt land. Wigan Borough Council has given its second green light to Peel L&P’s masterplan at Mosley Common to proceed. Peel […]

Posted by: Mya Driver

Read more

A £250 million water park to be built in Manchester

The UK’s ‘first city-based wellbeing resort’, a £250 million water park boasting thermal bathing and botanical gardens is set to launch in the city’s Trafford Centre.  The park, called Therme Manchester, will be the size of 19 football pitches (around 28 acres), and will feature an ‘immersive experience’, with ‘digital art, an on-site urban farm […]

Posted by: Mya Driver

Read more

Planning consent for £120 million 200-seat super-restaurant in Liverpool

Liverpool City Council have granted planning permission for a new £120 million 200-seat super-restaurant in Liverpool, which will be the city’s finest waterfront restaurant Planning consent allows for the development of a new super-restaurant providing a circa 4,400 sq.ft. (410 sq.m.) destination eatery able to seat up to 200 diners The designs for the new […]

Posted by: Mya Driver

Read more

Aviva Investors to invest up to £110 million in Connected Kerb to support nationwide delivery of EV charging infrastructure

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it invest up to £110 million in Connected Kerb, the electric vehicle (‘EV’) infrastructure specialist. The investment, being made by the Real Assets business at Aviva Investors as part of its Climate Transition strategy, will […]

Posted by: Mya Driver

Read more