Legal and General IM acquires 6.2-acre site for logistics scheme Jun 29, 2022 Legal & General Investment Management (LGIM Real Assets) has acquired a 6.2-acre freehold estate in Horsham, West Sussex on behalf of its Industrial Property Investment Fund (“IPIF”). LGIM Real Assets and its development partner, Graftongate, plan to speculatively develop a prime multi-unit industrial/logistics scheme on the site of Wilberforce House in Southwater, south of Horsham […] Posted by: Mya Driver Read more
United Living secures £33.5m contract in Oxfordshire Jun 22, 2022 United Living Group, the provider of infrastructure, housing and property services, has been awarded a £33.5 million build contract to deliver new residential homes in Milestone Road, Carterton, Oxfordshire by Platform Housing Group, one of the largest affordable housing developers in the Midlands. The development will see over 200 homes constructed over 4 and a […] Posted by: Nathan Spencer Read more
Mixed use development planned by Scotch Whisky Investments Jun 21, 2022 Scotch Whiskey Investments has announced plans to develop a new mixed-use project in Fife – which will integrate their new corporate HQ into an expansion of their proposed whiskey storage facility. The development will also ask as a museum to showcase history of the industry and educate people about single malt Scotch whisky – with […] Posted by: Mya Driver Read more
Fiera Real Estate looks to dispose of three warehouses in £72m deal Jun 21, 2022 A portfolio of three retail warehouses is being lined up for a £72.25m sale by owner Fiera Real Estate. Xprop has been instructed to lead the sale. It has been pitched off a net initial yield of 5.25%, although there is reversionary potential to unlock in 2024. Codenamed Project Orange, the portfolio includes three single […] Posted by: Mya Driver Read more
GAW Capital submits plans for 52-storey London development Jun 21, 2022 Plans have been submitted for GAW Capital’s One East Point project at the Isle of Dogs – which will see them develop a 52-storey residential skyscraper with around 460-flats. The project, designed by Make Architects, will transform what is currently 4-5 Harbour Exchange Square (comprising of a 6-storey commercial build) into a new residential led […] Posted by: Mya Driver Read more
Aedifica acquires £8.5m in Scotland care home Jun 21, 2022 Aedifica has invested £8.5m to acquire a fully operational care home in Ayr, Scotland. Creggan Bahn Court in Ayr has undergone two expansions in the past 10 years, currently accommodating 58 residents across the site. The home is operated by Maria Mallaband Care Group who operate 17 sites across Aedifica’s portfolio. The carte home is […] Posted by: Mya Driver Read more
Aprirose sells 235,000sq ft retail and leisure scheme to David Samuel Properties Jun 21, 2022 Aprirose, the real estate investment company, has sold Marine Point, a prime multi-let leisure scheme located in New Brighton, an affluent seaside resort on the tip of the Wirral Peninsula located in the north west of England located between Liverpool and North Wales. The 234,615 sq ft development, which is anchored by a Morrisons supermarket, has been sold […] Posted by: Mya Driver Read more
NatWest Provides £21.3m Debt Funding For Cheyne Impact Real Estate Project In Manchester Jun 21, 2022 NatWest has provided a £21.3 million development finance facility for Cheyne Impact Real Estate’s project in Oldham Road, Manchester. The development, which is due to top out this month, will be mixed tenure with 35% of the 144 homes allocated to local key workers at a significant discount to market-rate rent. In keeping with all […] Posted by: Mya Driver Read more
Chancerygate’s latest urban logistics scheme gets approval Jun 20, 2022 Developer Chancerygate has been granted planning permission to build around 58,000 sq ft of Grade A urban logistics and industrial space in Witham, Essex. Called Freebournes Park the speculative development will comprise 10 units ranging from 4,390 sq ft to 7,030 ft which are available on a leasehold basis. Construction of the scheme is set […] Posted by: Mya Driver Read more
ICG Real Estate Accelerate Asset Management Initiatives At Mercia Park To Capture Midlands Rental Growth Jun 20, 2022 ICG Real Estate, the real estate division of Intermediate Capital Group (ICG), has obtained vacant possession of Units 1 & 5 at Mercia Park in Appleby Magna. The five-unit scheme amasses 2,900,000 sq ft and was Europe’s largest ever single occupier build-to-suit transaction. ICG has control of the 215,000 sq ft and 315,000 sq ft […] Posted by: Mya Driver Read more
