Chinachem acquires TikTok London office from Helical in £158.5m deal Sep 6, 2022 Helical is pleased to announce that it has exchanged contracts on the sale of the single asset company, Farringdon East (Jersey) Limited, which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1 to Chinachem Group at a disposal price of £158.5m reflecting a capital value of £1,789 psf and a marginal premium to book […] Posted by: Mya Driver Read more
Cardiff Central Quay in £200m L&G forward funding partnership Sep 6, 2022 Watkin Jones and Legal & General (L&G) announce today the forward funding of a £200m in Cardiff to deliver 715 Build to Rent (BTR) apartments at the former Brains Brewery site in Central Quay, which will offer residents homes in a prominent location next to Cardiff train station. The £200 million BTR development at Central […] Posted by: Mya Driver Read more
Tritax Symmetry to deliver 130,000 sq ft logistics scheme Sep 6, 2022 Tritax Symmetry, the dedicated logistics development company for Tritax Big Box REIT plc, has committed to speculatively build a state of the art, 132,750 sq ft logistics building on the last remaining plot at Symmetry Park Doncaster. The news follows a major deal with B&Q which is taking a 430,240 sq ft warehouse and distribution […] Posted by: Mya Driver Read more
LXi REIT sells Thorpe Park and Alton Towers income strip for £257m Sep 6, 2022 LXi REIT – known as the specialist long-income REIT, has announced the sale of a 65-year income strip on its Thorpe Park and Alton Towers assets. The sale was for a total of £257m to an institutional investor. The deal provides a 2.96% net initial yield for investors. As part of the deal, the company […] Posted by: Mya Driver Read more
Vistry set to acquire Countryside in £1.2bn deal Sep 5, 2022 An agreement has been struck for housebuilder Vistry to acquire Countryside – with Countryside shareholders receiving 0.255 of a Vistry share for each of their shares, plus 60p. Five major shareholders who make up around 40% of the shareholding have backed the plans in addition to the boards of both companies. The merge creating one […] Posted by: Mya Driver Read more
Ballymore and Transport for London partnership to transform Edgware Sep 1, 2022 Regeneration expert Ballymore and Transport for London (TfL)’s commercial property company, TTL Properties Ltd (TTLP) have formally committed to combine their landholdings in Edgware. Working with the London Borough of Barnet, they will deliver their shared vision of a reimagined town centre with a thriving high street on Station Road open to all. The 7.5-acre […] Posted by: Mya Driver Read more
Cala Homes secures 26-acre Kent site from Hallam Land Sep 1, 2022 Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), announces that it has exchanged on the sale of a 125-plot site in Tonbridge, Kent to national housebuilder Cala Homes. Located north of Lower Haysden Lane in Tonbridge, the 26-acre site was originally contracted under option by HLM alongside MJ Gleeson PLC in 2004, […] Posted by: Mya Driver Read more
Built Environment Networking proud sponsors of Darren Edwards’ World Marathon Challenge Aug 31, 2022 Built Environment Networking are proud sponsors of disabled adventurer and expedition leader, Darren Edwards, who will attempt to become the first disabled person to complete the challenge of running seven marathons in seven days, on seven different continents in October 2022. Competitors must complete seven 42.2km marathons across Antarctica, Africa, Australia, Asia, Europe, South America […] Posted by: Mya Driver Read more
Stafford Capital Partners announces final close of fourth infrastructure secondaries fund Aug 31, 2022 Stafford Capital Partners (“Stafford”), a leading international private markets investment and advisory group is pleased to announce the close of Stafford Infrastructure Secondaries Fund IV (“SISF IV”). The closing marks the largest fund in Stafford’s history, with the fund receiving €731m in commitments from 33 investors across 13 countries. Alongside these commitments, Stafford raised an […] Posted by: Mya Driver Read more
Leading businesses including Pagabo and Loop confirm partnership for UKREiiF 2023 Aug 30, 2022 Following the success of the Social Value Pavilion at the inaugural UKREiiF event, industry-leading organisation The 55 Group, has confirmed its involvement in UKREiiF – set to take place in Leeds between 16-18 May 2023. The 55 Group is a collective group of businesses, incorporating national framework provider Pagabo, risk management and compliance software company […] Posted by: Mya Driver Read more
