Stoford and Church Commissioners JV to develop 500,000sq ft of industrial space Mar 1, 2022 Leading commercial property developer, Stoford has announced a new site wide agreement with the Church Commissioners for England that will unlock future phases of development at a job creating industrial scheme in East Devon. The agreement paves the way for the development of an additional c.500,000 sq ft of industrial/logistics accommodation at Exeter Logistics Park, […] Posted by: Mya Driver Read more
University in JV to bring forward food and drink innovation hub Feb 28, 2022 A report to East Lothian Council last week approved the Joint Venture Structure between the local authority and Queen Margaret University that will take forward the delivery of the plans. The Court of the University also gave its go ahead for the joint venture. The first stage of the development, construction of the Food and Drink […] Posted by: Mya Driver Read more
£7bn Tidal Lagoon project in Wales takes step forward Feb 28, 2022 A major new renewables energy generation project off the Welsh coast has the support of Denbighshire Councillors. Off the coast of Conwy and Denbighshire the scheme would involve a 19-mile barrage with underwater turbines changing able to change the tide. The scheme has been touted by a private sector company, who remain unnamed, but the […] Posted by: Mya Driver Read more
Industrials REIT secures planning for multi-let industrial scheme Feb 28, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, has secured planning approval for a 55,750 sq ft MLI scheme at its Old Mill Industrial Estate, in Bamber Bridge, Preston. Acquired in 2018, Industrials REIT will transform the existing estate by redeveloping an old industrial building and utilising some vacant land. The 44 new light […] Posted by: Mya Driver Read more
Free to enter UKREiiF Awards submission date extended until the 18th March Feb 28, 2022 Due to the high demand of individuals, businesses and regions submitting nominations for the UKREiiF Awards, an announcement has been made that the deadline for submitting awards has been extended. The UKREiiF Awards will celebrate individuals, projects and companies from across the UK – with the expert judging panel looking specifically for elements which feed […] Posted by: Mya Driver Read more
Aviva and Allianz team up for £500m London project Feb 28, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has formed a joint venture partnership with Allianz, managed on its behalf by Allianz Real Estate as part of its ongoing development project of new mixed-use retail and office buildings at 1 Liverpool Street and 101 Moorgate in the City of London. The […] Posted by: Mya Driver Read more
Morgan Sindall appoints Kate Bowyer as Managing Director for Muse Feb 25, 2022 Kate Bowyer is to become the new managing director of urban regeneration firm Muse Developments, its parent company Morgan Sindall Group plc announced on Thursday. Kate, currently Muse Developments’ Finance Director, will take on the role from MD Matt Crompton, who is retiring, in April this year. “This is an exciting time to be taking […] Posted by: Mya Driver Read more
Baumont Real Estate and Addington announce £100m JV acquisition Feb 21, 2022 BauMont Real Estate Capital (BauMont) and its operating partner Addington Capital have acquired a residential portfolio from a private investor. The portfolio consists of 318 houses and apartments in East London, which are primarily leased to young professionals and families. The portfolio has been acquired for £99 million. This deal is a follow-on for BauMont […] Posted by: Mya Driver Read more
British Land adds another retail park to its portfolio Feb 21, 2022 UK property group, British Land has acquired a shopping centre in Farnborough for £38m. Blackwater Shopping Park, tenants of which include Next, TK Maxx, Boots, Outfit, Homesense, Mamas & Papas and Currys/PC World has been owned by Lothbury Property Trust (LPT) since 2014. Lothbury Investment Management completed the sale on behalf of LPT, Ed Hockley, […] Posted by: Mya Driver Read more
Clearbell announces £59m of acquisitions Feb 21, 2022 Logistics portfolio in the East Midlands acquired for £29m; Milton Keynes retail park purchased for £16m from abrdn; St Alban’s office asset bought for £14m from Aviva. Clearbell UK Strategic Trust (CST), a fund advised by Clearbell Capital today announces the acquisition of three assets for £59m. The trust has acquired a mixed portfolio of […] Posted by: Mya Driver Read more
