Midlands LEP reaches £500m match-funding milestone Apr 15, 2021 A funding project aimed at boosting the Greater Birmingham and Solihull area is on track to unlock £500m of match funding from an investment of £207.9m made over the last six years. The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Local Growth Fund programme, which launched in 2015, has now committed all of its […] Posted by: Mark Flanagan Read more
Urban logistics specialist continues expansion in East London Apr 15, 2021 Urban logistics specialist Valor Real Estate has bought yet another asset in East London. Valor has established a €1bn portfolio, comprising more than 90 assets and 6million sqft in just over four years, by focussing on central warehouse facilities in London and Paris, And today (April 15) it announced the purchase of its eighth such […] Posted by: Mark Flanagan Read more
New £95m maintenance and refurbishment framework Apr 15, 2021 One of London’s most prominent housing trusts is supporting a new £95m Building Maintenance & Refurbishment Services Framework. The four-year agreement, released today (April 15), has been launched by the National Framework Partnership group in conjunction with the Central and Cecil Housing Trust. The framework, which is open to any public sector body, has been […] Posted by: Mark Flanagan Read more
Welsh Government submits plans for £150m Global Centre of Rail Excellence Apr 15, 2021 The Welsh Government has submitted plans to build a £150m rail testing complex at the site of a former open-cast coal mine in Powys. The Global Centre of Rail Excellence, which is due to be completed in 2025, will allow for rolling stock and trains to be trialled on a 6.9km circular track which can […] Posted by: Mark Flanagan Read more
Prologis launches logistics training programme Apr 14, 2021 A group of job seekers from Northamptonshire will be the first to benefit from a new training programme created by Prologis. In a week where European Supply Chain Day (15 April) will highlight the importance of the logistics and transport sector, participants in the week-long pilot scheme for the Prologis Warehousing and Logistics Training Programme […] Posted by: Mark Flanagan Read more
British Land’s plans for logistics sites in London, Sheffield and Teesside Apr 14, 2021 Property development giants British Land has divulged further details of its plan to create a logistics portfolio. The retail specialists today released a trading update report, ahead of the announcement of its full-year results on May 26, and in it outlined its wish to take advantage of the unrelenting growth in demand for warehousing. The […] Posted by: Mark Flanagan Read more
Contractor wanted for Tritax’s speculative East Midlands logistics park Apr 14, 2021 The first phase of Tritax Symmetry’s 2million sqft logistics park in the East Midlands has gained approval. The warehouse specialist plans to build seven large-scale warehouses on an 111-acre site near Rugby (just off the M45) and this week was granted planning permission for the first two speculative units – 186,000 and 134,000 sqft. Both […] Posted by: Mark Flanagan Read more
Watford Council opens tender process on £200m redevelopment joint venture Apr 14, 2021 Watford Borough Council (WBC) has opened the procurement process on a joint venture proposal to redevelop Watford’s Town Hall Quarter (THQ). Potential construction partners have until May 17 (5pm) to enter the bidding process for the £200m scheme. WBC requires a partner who can carry out preparation, design, build and finance, including (but not limited […] Posted by: Mark Flanagan Read more
DFI snaps up £35.6m Leicester student accommodation block Apr 14, 2021 Investor Deutsche Finance International (DFI) has stepped up its drive to acquire purpose-built student accommodation (PBSA) with a £35.6m purchase of a 462-bed development in Leicester. The London-based firm, which manages nearly €3bn in assets, has completed off-market with developers Watkin Jones on behalf of its pan-European Value Add Fund. The deal represents DFI’s second […] Posted by: Mark Flanagan Read more
Planning approval for flexible unit phase of £300m North East business park Apr 13, 2021 The next phase of Citrus Durham’s 3million sqft business park development just off the A1(M) in the North East has been approved by planners. The £300m Integra 61 mixed-use development near Durham is now set to be bolstered by 23 flexible units which are being delivered on a speculative basis. Amazon has already agreed to […] Posted by: Mark Flanagan Read more
