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
Fiera Real Estate and Wrenbridge acquire 2.3-acre site for Grade A industrial scheme Aug 23, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 2.3-acre site in Hemel Hempstead. The business plan is to obtain planning and speculatively develop a new 52,000 sq.ft Grade A industrial warehouse development with a GDV of £22m. The site was purchased through the Fiera Real Estate Logistics Development […] Posted by: Mya Driver Read more
Present Made receives approval for £160m Cambridge scheme Aug 23, 2022 Present Made, the UK’s first purpose-built and designed single-family rental housing platform, has secured planning committee approval for its debut development. Located in Eddington, Cambridge, the £160m GDV scheme has been designed by award-winning practice Jo Cowen Architects and will form a key part of the University of Cambridge’s North West Cambridge masterplan. The homes […] Posted by: Mya Driver Read more
Silbury Finance provides £74m loan to North Star for York residential scheme Aug 23, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £73.8 million senior debt facility to North Star Investment Management (“North Star”), Yorkshire’s premier creative property asset management company, to fund the development of a residential-for-sale scheme in York. The 30-month, 73% LTGDV facility is the largest loan Silbury has originated to date. […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires four assets for £76.4m Aug 23, 2022 Supermarket Income REIT plc (LSE:SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK announces the acquisition of four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] Posted by: Mya Driver Read more
West Midlands Combined Authority invests £6.5m into brownfield industrial park Aug 22, 2022 Work has started on transforming another swathe of derelict brownfield land into a new industrial park following a £6.5m investment by the West Midlands Combined Authority (WMCA). Property developer St Francis Group has begun construction of a 113,000 sqft industrial unit in the Darlaston Enterprise Zone in Walsall, creating more than 195 new jobs. The […] Posted by: Mya Driver Read more
Europa Capital appoints new ESG Director Aug 22, 2022 Europa Capital, the pan-European real estate investment manager, announces that it has bolstered its Sustainability & Development team with the appointment of Chris Miller-Jones to the newly created role of ESG Director. This appointment further strengthens the business’ sustainability capabilities in line with its strategy of becoming carbon neutral across its operational direct real estate […] Posted by: Mya Driver Read more
Clowes Developments sell prominent Coventry site for housing scheme Aug 22, 2022 Persimmon Homes have purchased a parcel of land from Clowes Developments with planning consent for residential development. Planning consent has been granted by the site’s local authority, Coventry City Council, with permission for 223 residential dwellings ranging in size from two to four-bedroom homes. There will also be 25% affordable housing made available for local […] Posted by: Mya Driver Read more
Graftongate wins approval for British engineering firm’s new HQ Aug 17, 2022 Graftongate has secured planning consent for the development of a new, purpose-built headquarters building in Warwickshire on behalf of British chemical engineering firm, CALGAVIN. Stratford-upon-Avon District Council has given approval for construction of a 36,381 sq ft building with integral Grade A office space, on a prominent 2.3-acre site at Alcester Employment Park, Arden Road. […] Posted by: Nathan Spencer Read more
