SEGRO sells Park Royal asset for £115 million Oct 15, 2024 SEGRO plc announces the sale of SEGRO Park Victoria Road in Park Royal, West London to the Imperial College London for a base consideration of £115 million, a premium to book value. The 10-acre urban warehouse estate has been owned by SEGRO since the acquisition of Brixton plc in 2009. SEGRO has actively managed the […] Posted by: Deividas Krupstas Read more
New £700m Innovation District announces new Managing Director Oct 15, 2024 Oxford North, the new £700 million innovation district in Oxford, has appointed Simon Ruck as its new managing director and Kevin Reid as its new energy and engineering manager as part of the strategy to build the on-site management and facilities team ahead of opening in mid-2025. Simon has more than 25 years’ experience and […] Posted by: Deividas Krupstas Read more
Indurent and PLP submit plans for new logistics scheme Oct 15, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK and PLP, the specialist industrial and logistics developer, have submitted a detailed planning application to North West Leicestershire District Council for the development of a Grade A c.644,000 sq ft logistics facility. This prime East Midlands site spans […] Posted by: Deividas Krupstas Read more
Blackstar and Novara Launch £100 Million Joint Venture to Build UK Retail Property Portfolio Oct 14, 2024 Blackstar and Novara have announced the formation of a £100 million joint venture to create a strategic retail property portfolio across the United Kingdom. The newly formed partnership will focus on acquiring shopping malls and town centre retail assets with significant development potential. This collaboration combines Blackstar’s industry-leading expertise in real estate investments with Novara’s […] Posted by: Deividas Krupstas Read more
PLATFORM_ and Housing Growth Partnership Announce £150m Joint Venture Oct 14, 2024 A £150 million joint venture has been established between PLATFORM_, a developer specialising in Build-to-Rent projects, and Housing Growth Partnership (HGP), an equity investor backed by Lloyds Bank, to create a major residential development in Leeds. This significant project will deliver 451 apartments and marks the first phase of a larger 1.3 million square foot […] Posted by: Mya Driver Read more
Principal acquires life sciences asset in North England Oct 14, 2024 Principal Asset Management has successfully acquired a life sciences facility in Alnwick, Northumberland, for its Log In fund, which focuses on life sciences and innovation properties. The 16,000 square meter property was secured through a sale-and-leaseback transaction, though the specific purchase price remains undisclosed. This acquisition reflects Principal’s strategic focus on the expanding life sciences […] Posted by: Mya Driver Read more
Blackstar and Novara Launch £100 Million Joint Venture to Build UK Retail Property Portfolio Oct 14, 2024 Blackstar and Novara have announced the formation of a £100 million joint venture to create a strategic retail property portfolio across the United Kingdom. The newly formed partnership will focus on acquiring shopping malls and town centre retail assets with significant development potential. This collaboration combines Blackstar’s industry-leading expertise in real estate investments with Novara’s […] Posted by: Mya Driver Read more
Industrial Strategy launch to ‘hardwire stability for investors’ Oct 14, 2024 UK government launches a modern Industrial Strategy and new Advisory Council ahead of International Investment Summit. The next generation of British industry has been fired-up and readied to reignite our industrial heartlands and kickstart economic growth, as the Government launches the first Industrial Strategy in seven years. Business and Trade Secretary Jonathan Reynolds and the […] Posted by: Mya Driver Read more
Zedwell Hotels secures £25m to drive hotel expansion plans Oct 14, 2024 Criterion Capital has secured a £25 million investment facility from Cynergy Bank, setting the stage for an ambitious expansion of its pioneering Zedwell hotel brand. This funding will propel Criterion Capital’s vision of redefining hospitality with its sleep-centric, design-forward hotel concept. Zedwell hotels are urban sanctuaries, offering rooms – aptly named “cocoons” – designed to deliver […] Posted by: Deividas Krupstas Read more
CALA Homes secures planning for 96 new homes in Lewes Oct 11, 2024 Cala Homes today announces it has secured Reserved Matters Approval from Lewes District Council to bring 96 much-needed, high-quality homes to Wivelsfield Green, 38 of which will be affordable. The site is on Land to the East of Ditchling Road, Wivelsfield. Cala’s plans will provide a choice for house hunters, including a range of one- […] Posted by: Deividas Krupstas Read more
