Chancerygate and Northwood JV submits plans for £30m development Jun 8, 2022 A joint venture (JV) between Chancerygate and real estate private equity firm Northwood Investors has submitted plans to build 131,000 sq ft of Grade A urban logistics space at Trafford Park, Manchester. The planning submission is developer Chancerygate’s and Northwood Investors’ first joint application since launching the JV in September 2021. The JV plans to […] Posted by: Mya Driver Read more
Cain extends Jaynic logistics development loan to £19.25 million Jun 7, 2022 Cain International (“Cain”), the privately held investment firm, has agreed an extended development finance facility of £19.25 million with Jaynic Property Group. Cain originally lent £13.8 million in February 2022 for the development of SP160, a 160,000 sq ft warehouse at Jaynic’s Suffolk Park logistics scheme to the east of Bury St Edmunds. It has […] Posted by: Mya Driver Read more
Dunmoore sells Banbury trade park to Clipstone for £5.5m Jun 7, 2022 Dunmoore, the UK real estate investment and development company, has sold Marley Way Trade Park in Banbury in an off-market deal to Clipstone, a real estate fund management firm specialising in UK industrial property. The 20,000 sq ft estate was sold for £5.55 million, reflecting a net initial yield of 4.38%. The estate was acquired […] Posted by: Mya Driver Read more
Logistics occupiers seek expansion plans outside of traditional hubs Jun 7, 2022 A new survey from global real estate advisor, CBRE, has indicated that logistics occupiers are still focused on expansion, with many now considering alternative locations due to the prolonged imbalance in supply and demand. CBRE’s 2022 European Logistics Occupier Survey, in conjunction with Analytiqa, analysed responses from more than 100 of the largest European logistics […] Posted by: Mya Driver Read more
Soller submits plans for 360-apartment project in Glasgow Jun 6, 2022 Property developer Soller Group has submitted a planning application to Glasgow City Council for 359 residential apartments for private rental, at 144 Port Dundas Road, Glasgow. Designed by Mosaic Architecture + Design, the planning application is for a landscaped courtyard development of 359 contemporary apartments. With a mix of studio, one- and two-bedroom homes, the […] Posted by: Mya Driver Read more
Northstone secures £30m deal with NatWest to continue growth Jun 6, 2022 Northstone continues to make its mark in the North West property industry, securing a £30million Revolving Credit Facility with NatWest, allowing the company to grow at pace. The housebuilder is currently active on five sites, with a delivery pipeline of over 1,000 homes. As part of Peel L&P and with access to this new credit […] Posted by: Mya Driver Read more
Aldermore provides loan for Southernwood Capital for residential scheme Jun 6, 2022 Aldermore has provided a £2.45m loan to Southernwood Capital to assist with the purchase of a block of apartments in Northampton, East Midlands. Southernwood is a boutique alternative investment fund manager which specialises in the build-to-rent sector. It was founded in 2014 by Irvine Robertson and has acquired a diverse portfolio of residential assets across […] Posted by: Mya Driver Read more
NHS and MoD submit plans for Integrated Care Campus Jun 6, 2022 The development of the new Catterick Integrated Care Campus has taken an important step forward with the submission of the formal planning application. Following the appointment of Tilbury Douglas, a leading UK building, infrastructure, engineering and fit-out business, to deliver the design and build of the new Care Campus, the project team including design partners […] Posted by: Mya Driver Read more
Chancerygate acquires two sites for £32m industrial development Jun 6, 2022 Chancerygate has acquired two adjacent sites totalling 4.6 acres in Leatherhead, Surrey, to speculatively build 82,400 ft of Grade A industrial and warehousing space. The sites are located off Cleeve Road in Leatherhead Business Park approximately one mile north of the town centre and one mile east of junction 9 of the M25. Chancerygate intends […] Posted by: Mya Driver Read more
Clowes Developments and Bellway JV to deliver 800-homes Jun 6, 2022 Clowes and Bellway have joined forces with their combined land holdings in Chellaston to form Snelsmoor Grange. The planning application for the residential development was submitted jointly to Derby City Council and received approval in March 2022. The 800-home development will form part of Boulton Moor, a larger settlement on the outskirts of Chellaston. Following […] Posted by: Mya Driver Read more
