Whitbread Sells 51 Restaurants for £56 Million Oct 16, 2024 Whitbread, the parent company of Premier Inn, has completed the sale of 51 restaurants for a total of £56 million. This move is a critical part of Whitbread’s broader cost-cutting and restructuring strategy aimed at streamlining its operations and focusing on more profitable ventures, particularly its Premier Inn hotel brand. Earlier this year, Whitbread announced […] Posted by: Deividas Krupstas Read more
Planning consent secured by Legal & General for £750m hyperscale data centre Oct 16, 2024 Legal & General (‘L&G’), specialist digital infrastructure investment firm Goldacre, and data centre development partner sineQN, announce planning has been approved for a £750m sustainable, urban hyperscale data centre investment located in the London Borough of Newham. The development is expected to contribute £88m to Newham’s GVA (gross value added), creating over a thousand skilled […] Posted by: Deividas Krupstas Read more
Citra Living Acquires 821 Homes from Gatehouse Living Group Oct 16, 2024 Citra Living, a subsidiary of Lloyds Banking Group, has completed the acquisition of 821 rental homes from Gatehouse Living Group. The property deal, finalised on October 16, 2024, includes homes across Greater Manchester, Merseyside, and the West Midlands, spread over nine schemes that were originally completed in 2018. This acquisition marks a significant expansion of […] Posted by: Deividas Krupstas Read more
University of Warwick invests £700m in West Midlands campus Oct 16, 2024 The University of Warwick has unveiled a £700m investment in its West Midlands campus as part of its ambitious Connect Programme. This is the largest single investment in campus facilities across its entire 60-year history. The unprecedented investment will focus on the Social Sciences and STEM (science, technology, engineering and mathematics) and will facilitate an expansion in interdisciplinary education […] Posted by: Deividas Krupstas Read more
UKREiiF announces session partners for 2025 event Oct 15, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has unveiled its line-up of session partners for the annual event, taking place in Leeds from 20-22 May 2025. The 2025 forum is set to feature over 60 stages, bringing together more than 1,250 expert speakers. The event will delve into a broad range of pressing […] Posted by: Mya Driver Read more
Homes England invests in Schroders Capital’s Real Estate Impact Fund Oct 15, 2024 Schroders Capital’s Real Estate Impact Fund (SCREIF) has received a £50 million investment from Homes England, the government’s housing and regeneration agency, underlining the key role this market-leading investment strategy has in addressing social inequality in the UK. The investment was today confirmed as part of a package of key measures announced by the UK’s […] Posted by: Deividas Krupstas Read more
Planning Approval Granted for New 52-Storey Residential Tower on the Isle of Dogs Oct 15, 2024 A major milestone in the development of London’s Isle of Dogs has been achieved with the recent planning approval for One East Point, a 52-storey residential tower. This project will soon rise above the Millwall Inner Dock, adding to the growing skyline of high-rise buildings in the area. Standing at approximately 170 meters tall, One […] Posted by: Deividas Krupstas Read more
SEGRO sells Park Royal asset for £115 million Oct 15, 2024 SEGRO plc announces the sale of SEGRO Park Victoria Road in Park Royal, West London to the Imperial College London for a base consideration of £115 million, a premium to book value. The 10-acre urban warehouse estate has been owned by SEGRO since the acquisition of Brixton plc in 2009. SEGRO has actively managed the […] Posted by: Deividas Krupstas Read more
New £700m Innovation District announces new Managing Director Oct 15, 2024 Oxford North, the new £700 million innovation district in Oxford, has appointed Simon Ruck as its new managing director and Kevin Reid as its new energy and engineering manager as part of the strategy to build the on-site management and facilities team ahead of opening in mid-2025. Simon has more than 25 years’ experience and […] Posted by: Deividas Krupstas Read more
Indurent and PLP submit plans for new logistics scheme Oct 15, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK and PLP, the specialist industrial and logistics developer, have submitted a detailed planning application to North West Leicestershire District Council for the development of a Grade A c.644,000 sq ft logistics facility. This prime East Midlands site spans […] Posted by: Deividas Krupstas Read more
