Harworth secures planning for 110,000 sq ft of industrial & logistics space to begin Phase 2 of Gateway 36 Jan 20, 2022 UKREiiF sponsor Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce that it has secured planning for 110,000 sq ft of industrial & logistics space as part of Phase 2 of its Gateway 36 development in Barnsley, South Yorkshire. The next phase of the scheme […] Posted by: Mya Driver Read more
Fusion21 announces suppliers appointed to £750m decarbonisation framework Jan 20, 2022 Procurement organisation and social enterprise Fusion21 has announced the suppliers successfully appointed to its national Decarbonisation Framework worth up to £750 million over a four-year period. A total of 50 specialist firms – both SMEs and multinational organisations, have secured a place on the framework, designed to meet the needs of public sector organisations – […] Posted by: Mya Driver Read more
CEG and housebuilder consortium get to work on 4,500 Thorpebury development Jan 19, 2022 A housebuilding consortium comprising Davidsons Homes, William Davis Homes and David Wilson Homes has now broken ground on the first phase of 574 homes, open space and infrastructure at the Thorpebury development to the North-East of Leicester. Developer CEG, the landowner and the consortium exchanged contracts earlier this year to bring forward much-needed homes, including […] Posted by: Mya Driver Read more
Crest Nicholson strikes £120m PRS deal with Oaktree Jan 19, 2022 Award-winning developer Crest Nicholson has announced its biggest Private Rental Sector (PRS) deal, worth £120m, with funds managed by leading global investment management firm, Oaktree Capital Management, L.P. (“Oaktree”) and CompassRock International (“CompassRock”). The transaction involves the sale of 403 units across three key developments in Southern England, offering high quality private rental units to […] Posted by: Mya Driver Read more
CBRE completes acquisition of warehouse from Telereal Trillium Jan 18, 2022 A warehouse in Warrington which was formerly used as a BT call centre has been acquired, with the new owner set to enhance the site’s environmental credentials. CBRE Investment Management has simultaneously exchanged and completed the acquisition of the freehold of an industrial site at 110 Europa Boulevard from Telereal Trillium. The 8.5-acre site is […] Posted by: Mya Driver Read more
Thrive Homes and CBRE Housing Fund announce 1,000 home acquisition and development vision Jan 18, 2022 Leading professional landlord, Thrive Homes and leading global real assets investment manager, CBRE Investment Management on behalf of their UK Affordable Housing Fund (UK AHF) have completed on their first transaction together. CBRE Investment Management has acquired a portfolio of 117 affordable rent and shared ownership properties across six schemes in the Northern Home […] Posted by: Mya Driver Read more
PIC invests £130m into new PBSA for London educational institution Jan 18, 2022 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has invested £129 million with the London School of Economics and Political Science (“LSE”) to fund the development of a 676-bed student residence in Southwark, London. The newly constructed student accommodation will be located on Glengall Road, Southwark, and provide additional housing […] Posted by: Mya Driver Read more
Industrials REIT completes a further £17m of multi-let industrial acquisitions Jan 18, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has completed two MLI acquisitions. The total consideration for the acquisitions is £17.01 million and reflects a blended net initial yield (“NIY”) of 5.8% and an average capital value of £98 per sq ft. These purchases add another 173,000 sq ft of MLI space, and […] Posted by: Mya Driver Read more
Standard Life Trustees swoops for York office space Jan 18, 2022 Helmsley Group has started 2022 with a bang after selling a further part of its The Old Fire Station development in York. Standard Life Trustees, which acquired the ground and mezzanine floors of the office element of the mixed-use development last year, has bought the adjoining commercial unit from Helmsley and its joint venture partner […] Posted by: Mya Driver Read more
Thackeray Group acquires Cardiff building – with £100m transformation planned Jan 17, 2022 The landmark Howells building in Cardiff city centre has a new owner who plans to transform it into a £100m new mixed-use destination. The new owners, the Thackeray Group, aim to turn the building into an aparthotel, build-to-rent apartments, restaurants, shops, leisure offerings and office space. The real estate investment, development and asset management firm, […] Posted by: Mya Driver Read more
