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
EstateGuru hits £415m lending milestone ahead of 2022 UK launch Jan 17, 2022 EstateGuru, the pan-European property investing and financing platform, announced that as of today, it has funded €500m in loans to property and development projects across Europe. The company, founded in Tallinn, Estonia in 2013, officially funded its very first loan in January 2014, hitting the €100M mark after five years, in March 2019. This exponential […] Posted by: Mya Driver Read more
Springfield Properties unveils plans for 1,000 home sustainable community Jan 17, 2022 If approved, the Lingerwood development will see up to 1000 new homes delivered within a cleverly integrated and well connected community. Following extensive consultation with Midlothian Council, local stakeholders and the public, Springfield has refined its proposals to demonstrate how Lingerwood will complement the unique identities of neighbouring Newtongrange and Mayfield. The proposals showcase how […] Posted by: Mya Driver Read more
Palace Capital acquires Maidenhead office building for £10.25m Jan 17, 2022 UKREiiF attendee Palace Capital, the Main Market property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office & industrial sectors, announces that it has acquired 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 […] Posted by: Mya Driver Read more
BMO Commercial Property Trust increases logistics exposure with £76.5m of investment activity Jan 17, 2022 UKREiiF attendee BMO Commercial Property Trust Ltd (“BCPT”), which is managed by BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), announces that it has increased the portfolio’s industrial weighting to 29.3% following the acquisition of two high-quality logistics assets in the UK […] Posted by: Mya Driver Read more
Brunswick Property Partners acquires £110 million Euston trophy office asset Jan 17, 2022 Brunswick Property Partners (BPP) has acquired 163-203 Eversholt Street for £110 million for Akoya, its £1 billion London neighbourhood workplace venture. Akoya will reposition The Eversholt, giving the building a new identity, with wellness and sustainability at its heart, creating a unique experience for its occupiers. Located in the heart of the Knowledge Quarter, in […] Posted by: Mya Driver Read more
Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk Jan 14, 2022 Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […] Posted by: Mya Driver Read more
Google to invest over £700m in UK workspace Jan 14, 2022 Google has given the UK office sector a huge boost – by backing a return to the office with a major investment into its UK work environment. The tech giant will expand its UK office capacity by 50% and “reinvigorate” their office space – with staff set to increase from 6,400 to 10,000. They will […] Posted by: Nathan Spencer Read more
Gladman submits plans for major 1,500-home community development Jan 12, 2022 Gladman Developments, alongside TATA Chemicals and INOVYN Enterprises, has submitted plans for Winnington Works – a new 1,550-home community. The scheme includes the development of: 1,550 homes 11,000 sq m of retirement and later life living space, including a residential care home Primary school Local hub with shops, healthcare, nursery etc Employment space Park and […] Posted by: Mya Driver Read more
