St Arthur Homes secures £44m deal to secure new homes in Hampshire Jul 5, 2022 As St Arthur Homes prepares for the launch of its second phase of homes at Whiteley Meadows, Winchester, the company has acquired a further 118 homes at the development in a deal in excess of £44 million. Combining a selection of mainly family houses and some apartments, St Arthur Homes’ latest acquisition will deliver 104 […] Posted by: Mya Driver Read more
Urban industrial investor and developer Bloom hires new development director Jul 5, 2022 Bloom, the ultra-urban industrial investor and developer, has appointed Chris Leonard, an experienced London industrial real estate development manager, as development director. Chris will lead the delivery of Bloom’s development programme with existing projects and pipeline opportunities. He will also be supporting the leadership team, headed by co-founders Tom Davies and Sam McGirr, on setting […] Posted by: Mya Driver Read more
Trammell Crow appoints new Head of European Logistics Capital Markets Jul 5, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has appointed Richard Fell as Head of European Logistics Capital Markets. With extensive experience in European equity and debt origination, Richard joins TCC from Clarion Partners Europe, where he spent the past three years as vice president for investments. In this […] Posted by: Mya Driver Read more
Caskade Group acquires Birmingham Hotel in £12.5m deal Jul 4, 2022 The Hotel Indigo in Birmingham has been sold to the Caskade Group off a listed price of £12.5m. The property features 52 rooms, a Marco Pierre White-branded restaurant, and a whiskey and cocktail lounge. It was designed by Ken Shuttleworth of Make, who was involved in the construction of the Gherkin building in London. The […] Posted by: Mya Driver Read more
Bristol shopping centre set for £550m regeneration Jul 4, 2022 Developer Deeley Freed will work with LaSalle Investment Management to transform The Galleries shopping centre in Bristol and create a mixed-use quarter through a £550m regen. The project to transform the 5-acre site will begin in 2024 and complete in 2027. Plans revealed for the city centre site include a mix of restaurants, shops, community […] Posted by: Mya Driver Read more
UBS and Reef JV to develop major life sciences campus Jul 4, 2022 UBS Asset Management’s Real Estate & Private Markets and Reef Group (Reef) today announces a joint venture as the investor and co-developer for a major campus for life science businesses in Stevenage, Hertfordshire. The new campus, which will be one of the largest of its kind in the UK and Europe, will be built alongside […] Posted by: Mya Driver Read more
Aviva Investors and Packaged Living to develop 195 homes Jul 4, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), and Packaged Living, the specialist UK Build-to-Rent developer, announce they have completed a deal to acquire and develop 195 homes in the West Midlands town of Telford, Shropshire. It is the first investment made since the two firms announced a partnership (‘The Partnership’) in […] Posted by: Mya Driver Read more
Home REIT adds 1,000 beds to portfolio with £92.3m of acquisitions Jul 4, 2022 Home REIT plc (ticker: HOME), which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed £84.9 million of the net proceeds raised in the Company’s significantly oversubscribed £263 million equity issue in May 2022 (the “Subsequent Placing”). In just […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two assets in £83m deal Jul 4, 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 a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and the acquisition of an Asda supermarket in Carcroft, Doncaster, for a total purchase price of £82.9 million […] Posted by: Mya Driver Read more
Palace Capital to become an ESG driven regional office specialist Jul 4, 2022 Palace Capital (LSE: PCA), the Main Market property investment company that owns a diversified portfolio of UK commercial real estate in carefully selected locations outside of London, announces an update from the Board on the strategic options it intends to pursue as part of its commitment to maximising value for shareholders and closing the current […] Posted by: Mya Driver Read more
