Leicester City stadium expansion set for go-ahead Sep 12, 2022 Plans for the redevelopment of the Leicester City stadium are expected to be approved – expanding its capacity to 40,000 seats. Proposals submitted to Leicester City Council, King Power Stadium would gain a new hotel, commercial and residential space, a multi-storey car park and a club retail store, as well as 8,000 additional seats. Officials […] Posted by: Mya Driver Read more
Aedifica invests £13.5M in the construction of a care home Sep 12, 2022 A forward acquisition of a care home is to be constructed in Biddenham (UK) for the Maria Mallaband Care Group with an investment of approx. £13.5 million. The care home will have a capacity of 60 residents. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £13.5 million […] Posted by: Mya Driver Read more
Peel L&P’s Northstone brand set for approval on major residential scheme Sep 9, 2022 Plans for Northstone’s sustainable new community of 208 homes, with over a third of those affordable homes, and new community green spaces on land off Victoria Road in Horwich, Bolton have been recommended for approval by Bolton Council’s planning officers. The reserved matters planning application for the first two phases of development of Horwich Golf […] Posted by: Mya Driver Read more
Town Centre Securities acquire prime London commercial space Sep 9, 2022 TCS has announced the acquisition of a new London Head Office on Weymouth Street. This latest purchase forms part of the company’s ongoing portfolio diversification strategy and long term capital growth plans. The recently refurbished, 4,760 sq.ft, Grade II listed property currently comprises residential accommodation to the third floor, with office space to lower ground, […] Posted by: Mya Driver Read more
Former working mill set for further investment to generate commercial and retail space Sep 9, 2022 The family owners of Dean Clough, the 22-acre mixed use mill-complex in Halifax town centre, have announced further investment plans that will create more Grade A office accommodation, unique spaces for retail and leisure amenities and potential for residential apartments. The announcement by the long-established destination responds to the pandemic which has inevitably impacted the […] Posted by: Mya Driver Read more
Helmsley Group reveals vision for 250,000 sq ft city centre development Sep 9, 2022 Property investor and developer, Helmsley Group has revealed its vision for a major regeneration project in the heart of York. Coney Street Riverside is the latest scheme from the York-based company, which has been developing across the city for over 40 years, and which has sensitively delivered prominent projects across York’s riverfront, including Merchant’s Exchange, […] Posted by: Mya Driver Read more
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
