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
Investec provides Landhold Developments with £13.5m development loan Jul 27, 2022 Investec Real Estate announces that it has provided Landhold Developments, the experienced London and Home Counties-focused commercial and residential investor and developer, with a £13.5 million senior facility, to fund the construction of 36 high quality homes in a prime Zone 3 London location. Known as Clapham Quarter, Landhold is transforming what is currently a […] Posted by: Mya Driver Read more
Shearer Property and Hill Group to lead £450m regeneration in Coventry Jul 27, 2022 Shearer Property Group has selected The Hill Group as its development/funding partner for City Centre South (‘CCS’). The £450m landmark, mixed-use regeneration scheme will truly transform Coventry City Centre. Hill has committed significant investment into Shearer Property Regen Ltd (‘SPR’), the development entity delivering this exciting major regeneration project in Coventry. Outline planning permission was granted for CCS in January 2022 and SPR will now work with the Council to submit a series of detailed planning applications and aim to start […] Posted by: Mya Driver Read more
Get Living and Watkin Jones agree £71m forward funding for BtR scheme Jul 27, 2022 Get Living, the UK’s pioneer of large-scale build to rent neighbourhoods and Watkin Jones, the UK’s leading developer and manager of residential for rent homes have agreed a c.£71 million forward funding deal to deliver 214 new rental homes at Randalls Way, Leatherhead. The development will be the first operational BTR scheme in Leatherhead, which […] Posted by: Mya Driver Read more
C|T Group announces UKREiiF partnership for 2023 Jul 21, 2022 Following their involvement in the inaugural UKREiiF event, C|T Group has confirmed their intention to once again play a key role at the 2023 event, which is set to take place in Leeds between 16-18 May. C|T Group will host their own panel discussion at the event – bringing a high-level set of speakers together […] Posted by: Mya Driver Read more
Cheyne Capital lends £108m to Champneys Health Resorts Jul 21, 2022 Global alternative asset manager Cheyne Capital has today announced that it has provided a £108 million senior loan to Champneys Health Resorts, the largest owner and operator of Health & Wellbeing resorts in the UK. The loan will be used to re-finance and consolidate the group’s existing loan facilities. It will also support the group’s […] Posted by: Mya Driver Read more
Catalyst and Hill submit plans for 1,000 homes in Haringey Jul 19, 2022 Catalyst and development partner The Hill Group have submitted a hybrid planning application to Haringey Council for a mixed-use development on a site adjacent to St Ann’s Hospital in South Tottenham. When approved, the redevelopment will include up to 995 new homes, 60% of which will be affordable – helping to deliver much-needed housing in […] Posted by: Mya Driver Read more
