Tri7 acquires 2-acre London site for residential scheme Feb 7, 2022 Tri7, an investment and asset management firm, has unconditionally purchased for £21.5 million a 2.16 acre freehold town centre site on Lordship Lane in London’s Wood Green from U+I and Proprium, currently let to Mecca Bingo until December 2026. Tri7 has plans to repurpose the site into a new build residential-led scheme. Tri7 will look […] Posted by: Mya Driver Read more
Kennedy Wilson acquires landmark Edinburgh office building from PATRIZIA in £80m deal Feb 7, 2022 Global real estate investment company Kennedy Wilson (NYSE: KW) has acquired Waverleygate, a wholly-owned prime office building in Edinburgh, from the real assets investment manager PATRIZIA for $106 million, excluding closing costs. Waverleygate is one of the most prominent office buildings in the heart of Scotland’s capital city and is 97% occupied by national credit-worthy […] Posted by: Mya Driver Read more
Re-Leased latest to confirm as UKREiiF exhibitor Feb 7, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Re-Leased will exhibit alongside 100 other businesses. Re-Leased, the cloud-based commercial property management software business, has been confirmed as the latest to sign up to exhibit at UKREiiF. The business provides automated, intelligent commercial property management software, creating modern cloud-based solutions for commercial, industrial, […] Posted by: Mya Driver Read more
Harworth accelerates Waverley development with land parcel sales for 172 homes and a new hotel Feb 3, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces the sale of two land parcels at its Waverley development site in Rotherham, South Yorkshire: a 12.6- acre plot sold to Avant Homes for the delivery of 172 new residential units, and a 2.7 acre plot sold to Stapleford […] Posted by: Mya Driver Read more
Vistry Group acquires key Devon city location for 650 new homes Feb 3, 2022 Vistry Group has acquired land in Exeter to build more than 650 homes – adding to the housebuilder’s presence on the edge of the city centre. Vistry South West – which builds Bovis Homes and Linden Homes properties – is set to start work on the north side of the Alphington location in the spring. […] Posted by: Mya Driver Read more
Moorfield extends UK residential footprint with first co-living investment in Ealing, West London Feb 3, 2022 UKREiiF attendee Moorfield Group, the UK-focused real estate fund manager, on behalf of its Moorfield Real Estate Fund IV, has agreed to forward fund an 81 bed best-in-class co-living scheme near Ealing Broadway, West London, for £21 million. It represents Moorfield’s entry into the fast-growing London co-living sector, which is expected to be a beneficiary […] Posted by: Mya Driver Read more
QuadReal Property appoints Zahar Mejanni as Global Head of Strategic Partnerships Feb 3, 2022 UKREiiF attendee QuadReal Property Group, the global real estate investment, operating and development company with $61.2 billion of assets under management, announces that Zahar Mejanni has been appointed to the role of Managing Director and Global Head of its Strategic Partnerships. Mr Mejanni will be based in London and report directly to Dennis Lopez, CEO of […] Posted by: Mya Driver Read more
New student accommodation approved for the Square Mile Feb 2, 2022 New student accommodation has been given the green light for the City of London’s Holborn Viaduct. The City of London Corporation’s Planning and Transportation Committee resolved to approve the Dominvs Group plans by Stiff + Trevillion Architects and Jonathan Cook Landscape Architects for the site at 61-65 Holborn Viaduct, on the corner of Snow Hill. […] Posted by: Mya Driver Read more
Almscliffe-Dhesi completes significant property deal in Middlesbrough Feb 2, 2022 Yorkshire-based Almscliffe-Dhesi Developments Ltd has completed a significant property deal by the A66 in Middlesbrough. The flourishing property company, part of the Almscliffe-Dhesi Group, is converting a brownfield site by the SG Petch dealership into a brand-new drive-thru’ roadside location. The 6,200 sq ft development, which has received planning approval, comprises three stand-alone units which […] Posted by: Mya Driver Read more
King’s Oak to acquire McKay Securities residential conversion in £19m deal Feb 2, 2022 McKay Securities Plc (McKay), the only UK REIT specialising entirely in the South East and London office, industrial and logistics markets, announces that it has exchanged contracts to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town centre, to residential property developer King’s Oak. The sale price of […] Posted by: Mya Driver Read more
