Chancerygate submits plans for new industrial and warehouse development Jan 25, 2022 Chancerygate has submitted plans to speculatively build 72,140 sq ft of industrial and warehousing space in Bredbury, near Stockport. Called Cromwell Park, the proposed scheme will be located on a four-acre site in Bredbury Park Industrial Estate and comprise 10 Grade A leasehold units ranging from 1,927 sq ft to 22,001 sq ft. The projected […] Posted by: Mya Driver Read more
Mott MacDonald announced as UKREiiF Main Stage Partner Jan 25, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Mott MacDonald will take to the Main Stage as part of the Connecting People to Opportunity Panel. Global engineering, management and development consultants Mott MacDonald has thrown their weight behind the inaugural UKREiiF event by sponsoring the Main Stage Session discussion around Connecting People […] Posted by: Mya Driver Read more
Galliard acquires three development sites Jan 24, 2022 Galliard Homes has acquired three key London commuter sites for £265m of residential development. The deals for sites in Redbridge, Ipswich and Milton Keynes follow a successful period last year when Galliard sold out schemes with a combined development value in excess of £800m. In the biggest deal, Galliard has acquired ‘The Point’, a former […] Posted by: Mya Driver Read more
Unite acquires a 270-bed consented development site in Nottingham Jan 24, 2022 Unite Group PLC – an attendee at UKREiiF – has acquired a consented 270-bed development site in Nottingham City Centre. The Bristol, England-based owner, manager and developer of student accommodation expects to spend GBP34 million developing the site, which will open for the 2024-25 academic year. It expects the yield on cost to be 7%. […] Posted by: Mya Driver Read more
Spitfire Housing secures land to develop 1,100 new homes Jan 24, 2022 A major new neighbourhood of up to 1,100 homes, a primary school and community & retail space is coming to Daventry, after the site was acquired by Spitfire Homes in partnership with Crest Nicholson. Located on the western edge of Daventry, the 50-hectare development already has outline planning permission for up to 1,100 new homes, […] Posted by: Mya Driver Read more
Landsec plan new £825m urban neighbourhood in Glasgow Jan 24, 2022 Glasgow’s Buchanan Galleries is set to be demolished, making way for a new exciting £825m mixed-use urban neighbourhood. Proposals by Landsec include a transformational development including homes, retail, restaurants and office space. The development company said its vision, developed after conversations with Glasgow City Council, is a response to the disruption facing retail, which has […] Posted by: Mya Driver Read more
Précis Capital and Carlyle form Partnership to finance £250m to Moda Living Jan 24, 2022 The partnership between Précis Capital and Carlyle will finance development loans in the residential asset class, where the acute long-term structural undersupply within the UK’s housing market continues to present compelling investment opportunities, and has already completed its first two loans, with a cumulative value of over £330 million The facility will be used to […] Posted by: Mya Driver Read more
Alpha Real Capital acquires £86m energy portfolio Jan 24, 2022 Real assets investment manager Alpha Real Capital has acquired Innova Energy, which has a solar energy portfolio totalling almost 62MW in the UK. The 17 PV projects, valued at £86m, are located across the UK and include extension and expansion rights. They generate about 540 gigawatt-hours of electricity a year, equivalent to powering 186,000 homes. […] Posted by: Mya Driver Read more
IPSX appoints Roger Clarke as Group Chief Executive Jan 24, 2022 IPSX Group Limited (“IPSX Group), which, through its wholly owned subsidiary IPSX UK Limited (“IPSX UK”) operates the world’s first regulated securities exchange dedicated to commercial property and real assets – collectively IPSX – announces two new senior leadership appointments as it embarks on the next phase of its delivery and prepares for the increased […] Posted by: Mya Driver Read more
Hines to launch new open-ended European real estate fund Jan 24, 2022 Hines, the international real estate firm, is set to launch Hines European Property Partners (HEPP), its new diversified, open-ended core-plus fund focused on key European markets. Jorge Duarte, who joins Hines from Barings, has been appointed as Fund Manager. HEPP will leverage Hines’ expertise and boots on the ground presence in 16 offices across Europe […] Posted by: Mya Driver Read more
