Why Invest in Sheffield? Apr 28, 2022 This is Sheffield We are a city renowned for thinking, making and inventing. Whether it is digital innovation, or excellence in engineering, our city is responding positively to rapid changes in the global economy. Average salaries are up. Rents are up. Our economy has expanded by over 3% in the last 12 months alone. With […] Posted by: Mya Driver Read more
Cycle to UKREiiF and get your entry included Apr 27, 2022 Cycle to UKREiiF is a new cycle challenge to help property industry professionals to get to the inaugural edition of the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in the most sustainable way possible. Organised by Club Peloton, the real estate’s cycling community transforming young lives, the ride will travel from Lancaster to Leeds on 17th May in […] Posted by: Mya Driver Read more
LondonMetric acquires two urban logistic assets for £29m Apr 27, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of two urban logistics properties for £28.8 million, in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%. The properties are expected to generate a rent of £1.4 million p.a. and comprise: a 125,000 sq ft urban logistics forward fund development at […] Posted by: Mya Driver Read more
Tritax Symmetry submits plans for new global R&D facility for Siemens Healthineers Apr 27, 2022 Tritax Symmetry and Siemens Healthineers, the market leaders in magnetic resonance imaging, have submitted a planning application to Cherwell District Council for a new cutting-edge, 56,000 sq m combined research, development and production facility in Oxfordshire which would provide superconducting magnets used in MRI systems. Socio-Economic Benefits: The proposals will result in substantial socio-economic benefits […] Posted by: Mya Driver Read more
Why property investment must incorporate Climate Intelligence Apr 26, 2022 The world of UK real estate is no stranger to the elements – environmental and economic. While organizations in the property space have done well to rebound from the unprecedented disruptions caused by Covid-19, they are now facing growing pressure – political, financial, and social – to address the escalating risks posed by climate change. […] Posted by: Mya Driver Read more
Moorfield and Melberry partnership to deliver PBSA for University of Essex Apr 26, 2022 Moorfield Group, the UK-focused real estate fund manager, announces that it has entered into a development agreement with Melberry Developments (“Melberry”), on behalf of Moorfield Real Estate Fund IV, for a 282-room PBSA development in the historic market town of Colchester. In line with its ambitious 2030 net zero commitment, the project, which has Gross […] Posted by: Mya Driver Read more
Germany firm Caleus makes debut UK investment with £60m purchase Apr 25, 2022 Germany-based investment firm Caleus has purchased 19-24 Dering Street, a prime mixed-use freehold building in Mayfair, London W1, from Legal & General for £60 million. Boasting a prominent position in between Bond Steet and Hanover Square, opposite the Elizabeth Line entrance, the multi-let property totals 34,431 sq ft (3,199 sq m) of office, gallery and leisure accommodation […] Posted by: Mya Driver Read more
Singapore based GIC acquires 75% stake in British Land’s Paddington Central assets in £700m deal Apr 25, 2022 British Land is pleased to announce they have exchanged on the sale of a 75% interest in the majority of their Paddington Central assets to GIC. This transaction establishes a new joint venture (the “Joint Venture”) with ownership split 75:25 for GIC and British Land respectively. Completion is unconditional and will be within three months. […] Posted by: Mya Driver Read more
LondonMetric acquires 6 London logistics assets in £27m deal Apr 25, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of six London urban logistics warehouses in separate transactions for a total investment of £26.7 million, reflecting an anticipated blended initial yield of 4.3% and a reversionary yield of more than 4.5%. Three properties in Colliers Wood, Stratford and Stockwell have been acquired with vacant possession and will […] Posted by: Mya Driver Read more
Greater Manchester announces partners and programme for UKREiiF Apr 25, 2022 Greater Manchester has announced that it will attend UKREiiF, the UK’s Real Estate Investment and Infrastructure Forum, for the first time when it comes to Leeds next month. The three-day event will connect over 3,500 investors, developers, public sector bodies, funders, and end-users to inward investment as Greater Manchester joins up with Liverpool City Region […] Posted by: Mya Driver Read more
