East Midlands strike £1.14bn devolution deal Aug 30, 2022 Derbyshire, Nottinghamshire and the key cities surrounding them will be forming a Combined Authority – set to be given new devolved powers and a £1.14bn investment boost to be utilised over a thirty year period. The funding will be utilised to upgrade regional infrastructure, improve housing and drive skills and employment. The two counties and […] Posted by: Mya Driver Read more
Northwood Investors and Chancerygate acquire urban logistics site in £50m deal Aug 30, 2022 A joint venture (JV) has acquired Titan Industrial Estate on Hogg Lane in Grays, Essex, for £50m to speculatively build 430,000 sq ft of Grade A urban logistics and industrial space. Developer Chancerygate and real estate private equity firm Northwood Investors have purchased the 35-acre site which is located one mile north of the town […] Posted by: Mya Driver Read more
Quadreal appoints new European Research Lead Aug 30, 2022 QuadReal Property Group (QuadReal), a global real estate company, announces the appointment of Farhaz Miah as Vice President for Research and Strategy. Farhaz, who will lead QuadReal’s research function across the UK and European markets, joins QuadReal’s 12-strong team of global research and strategy experts. Based in London, Farhaz will report directly to Rosemary Feenan, […] Posted by: Mya Driver Read more
Aston Villa unveils new CGIs of Villa Park redevelopment Aug 25, 2022 Aston Villa has released a host of new CGI images to illustrate their vision for the future of Villa Park. This comes as the club announces that they will submit a planning application for the redevelopment and expansion of the stadium at the end of August 2022. The £100m first phase plans will pave the […] Posted by: Mya Driver Read more
Peaks and Plains Housing Trust secures £72m funding from Aviva Investors Aug 25, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has completed a deal to provide £72.5 million in funding to Peaks & Plains Housing Trust (‘Peaks & Plains’), a social landlord based in Macclesfield, Cheshire. The agreement will enable Peaks & Plains, which manages over 5000 homes across East Cheshire and the […] Posted by: Mya Driver Read more
Investec provides £11m loan to Meadow Partners for King’s Cross acquisition Aug 25, 2022 Investec Real Estate (“Investec”) announces that it has provided Meadow Partners (“Meadow”), an institutional middle-market real estate investor, with a 36-month, £11.2 million senior loan, to support its acquisition of a prime mixed-use building on highly sought-after Northdown Street in King’s Cross, London. Designed and developed in 2007 by renowned architect Squire & Partners, the […] Posted by: Mya Driver Read more
Railpen secures Oxford life science business park in £30m deal Aug 23, 2022 The UK’s railways pension scheme – Railpen – has scooped for a life-science business park in Oxford for £29m. Eastpoint Business Park, acquired from AEW UK REIT, comprises of five buildings and they aim to reposition the asset to create a laboratory-led portgolio. This is a further commitment by Railpen in the Oxford Cambridge Arc […] Posted by: Mya Driver Read more
Former Manston Airport’s £500m redevelopment approved by DfT Aug 23, 2022 Riveroak Strategic Partners (RSP) has gained approval from the Department for Transport to move forward their bid to transform the former Manston Airport into a carbon net zero freight and passenger hub. The scheme will see the creation of new import/export facilities and an upgraded passenger terminal – in addition to key infrastructure improvements to […] Posted by: Mya Driver Read more
Former Newcastle Brown Ale brewery site acquired for leisure development Aug 23, 2022 The owner of the UK’s largest shopping centre – the MetroCentre in the North East – has acquires a 13-acre site adjacent to the shopping centre which they’re aiming to transform into a leisure attraction. The former Federation Brewery site, which used to brew Newcastle Brown Ale, has been acquired by ‘The MetroCentre Partnership’ – […] Posted by: Mya Driver Read more
Northstone submits plans for 74-sustainable homes in Lancaster Aug 23, 2022 Detailed plans for 74 sustainable new homes in South Lancaster have been submitted by North West-based homebuilder Northstone. Development of the land to the west of Scotforth Road (A6) was previously given the green light by Lancaster City Council in April 2021. The Northstone team has now submitted a reserved matters application – confirming the […] Posted by: Mya Driver Read more
