M7 Capital provides £7.55m refinancing package to Serviced Apartment Real Estate LLP Jun 13, 2022 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided a £7.55 million loan to refinance two commercial assets at St Georges Court in New Malden and Ewell Road in Surbiton. The loan was made on behalf of the M7 Capital managed UK debt fund TREC II. St Georges Court in […] Posted by: Leon Newton Read more
Cole Waterhouse acquires Salford site for 300,000sq ft logistics scheme Jun 8, 2022 Cole Waterhouse has exchanged contracts to acquire a development site adjacent to the AJ Bell Stadium from The City of Salford Community Stadium, a joint venture between Peel Land & Property and Salford City Council. Bounded by the Manchester Ship Canal to the south, the AJ Bell Stadium to the west and the M60 Manchester […] Posted by: Mya Driver Read more
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