Northumberland Estates disposes of Quorum Retail Parade Aug 1, 2022 Avison Young acting on behalf of a private investor has secured the purchase of the ground floor retail parade at Dukes Walk, Quorum Business Park, Newcastle from Northumberland Estates Ltd. The fully let retail parade extends to 9,892sq ft and comprises five multi let units occupied by local and national covenants, including Greggs PLC, Bento […] Posted by: Mya Driver Read more
Plans for landmark York and North Yorkshire devolution deal revealed Aug 1, 2022 Long-awaited proposals for a landmark devolution deal to hand over key decision-making powers while bringing hundreds of millions of pounds of investment to York and North Yorkshire have been unveiled. The proposed 30 year devolution agreement would deliver funding for key policies and strategies, providing better roads and public transport, improving education and job opportunities, […] Posted by: Mya Driver Read more
£27m low-carbon energy investment announced for London Borough homes Jul 29, 2022 More than 10,000 Haringey homes in the east of the borough will receive low-carbon, sustainable energy after the council was awarded £27.8m funding The Tottenham Hale and Broadwater Farm District Energy Network (DEN) and the Wood Green DEN will help support Haringey’s goal of becoming net zero carbon by 2041, as well as deliver ambitious […] Posted by: Mya Driver Read more
Angle Property to promote 6-acre site for 70,000 sq ft industrial scheme Jul 29, 2022 Angle Property is pleased to announce it has completed a promotion agreement with the Farley Farms Partnership to promote a 6-acre site adjacent to the Bridge Farm Estate in Arborfield for a new 70,000 sq ft industrial scheme. The site was previously used as the site compound during construction of the new Arborfield Relief Road […] Posted by: Mya Driver Read more
Warehouse REIT secures 1m sq ft planning consent for latest scheme Jul 29, 2022 Warehouse REIT, a specialist urban and ‘last-mile’ industrial warehouse investor, has secured a resolution to grant outline planning permission from Cheshire East Council for a further 1,020,000 sq ft of warehousing at its flagship logistics park development at Radway Green. The final phase of the scheme will see the Company develop five units ranging from […] Posted by: Mya Driver Read more
KanAm Grund Group move step forward in first London redevelopment project Jul 28, 2022 KanAm Grund Group has secured a resolution to grant planning consent from the City of London for its first redevelopment project, “Princes Court” in London. The original 1960s building is located at 7 Princes Street, EC2, in the heart of the City’s financial district. Located directly opposite the Bank of England, and next to the […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
Helmsley Group acquires prime York city centre building Jul 28, 2022 Property investment and development specialist Helmsley Group has purchased 2 Lendal, a Grade II listed detached building in central York, on behalf of its investor network. Currently home to two restaurants including national Italian restaurant chain Zizzi, and Nola, an independent restaurant serving Creole-influenced dishes, the building was purchased from a private investor for an undisclosed sum. Both Zizzi […] Posted by: Mya Driver Read more
Report shows UK residential investment totals £2bn in Q2 2022 Jul 28, 2022 The UK residential sector recorded a total of £2bn of investment in Q2 2022, according to data from global real estate advisor CBRE. This represents a decrease of 20% when compared to the same period in 2021, when investment volumes reached £2.5bn. However, year-to-date transaction activity, combined with current pipelines, point to investment volumes reaching […] Posted by: Mya Driver Read more
Aldermore provides £6.4m to Saxon Square Christchurch Jul 27, 2022 Aldermore has provided Saxon Square Christchurch with a £6.4m commercial mortgage, refinancing their key multi-let retail and hotel centre from a high street lender. The shopping centre offers the only pedestrianised retail zone in the coastal town of Christchurch, located near the New Forest, Hampshire. Saxon Square sits behind Christchurch’s Mayor’s Parlour building and in […] Posted by: Mya Driver Read more
