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
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