LondonMetric acquires storage and logistics warehouse in £53m deal Jan 11, 2022 LondonMetric Property Plc has announced the acquisition of a long let cold storage and logistics warehouse development for £53.4 million. The 300,000 sq ft building is pre-let on a 25 year lease to AM FRESH GROUP (“AM FRESH”), an international agri-tech company that supplies the majority of UK supermarkets with a range of items including […] Posted by: Mya Driver Read more
Queensberry announced as UKREiiF Main Stage Partner Jan 11, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Queensberry will take to the Main Stage as part of the UK High Streets panel. Urban Regeneration Specialist Queensberry has thrown its weight behind the inaugural UKREiiF event by sponsoring the Main Stage Session discussion around Reimagining UK High Streets. Queensberry’s Chief Executive Paul […] Posted by: Mya Driver Read more
Crest Nicholson acquires land for over 2,200 homes in key sites across the country Jan 10, 2022 Award-winning housebuilder, Crest Nicholson, has recently acquired over 2,200 plots, with a Gross Development Value in excess of £725 million. The five successful acquisitions are all in strong locations across the Group’s operating geographies and underpin the company’s growth strategy to deliver annually over 3,000 new home completions by 2024. The acquisitions include sites in […] Posted by: Mya Driver Read more
Panattoni submits plans for its biggest ever speculative UK shed Jan 10, 2022 Panattoni has submitted a reserved matters planning application to Rotherham Metropolitan Borough Council for a 715,000ft2 speculative development, Panattoni Park Rotherham, consisting of the 630,000ft2 facility and a smaller 85,000ft2 facility by Junction 1 of the M18 motorway at Rotherham. Dan Burn, Development Director for the North West and Yorkshire at Panattoni said: “We look […] Posted by: Mya Driver Read more
BentallGreenOak and Equation Properties swoop for logistics development site Jan 10, 2022 Development land at Horizon 29 in Derbyshire has been sold in a deal worth almost £40m. Almcor and St. Francis Group, through their joint venture Bolsover Land Limited (BLL) vehicle, have sold the 80-acre site at Horizon 29 to BentallGreenOak and Equation Properties. BGO and Equation will develop up to 1.2 million sq ft at […] Posted by: Mya Driver Read more
Plans for new housing neighbourhood approved at former Inverkip power station Jan 10, 2022 Councillors have approved plans to develop houses on a former power station site. Plans include the development of 650 new homes on the 100-acre cleared site – which will be known as Brueacre Village. A new village centre with retail, community facilities and high-quality open spaces – including a public park and a network of […] Posted by: Mya Driver Read more
EP Properties acquires Blackburn Innovation Centre and Fusion House Jan 10, 2022 An investment company has acquired the 44,000 sq ft Innovation Centre and Fusion House at Evolution Park in the town. Developed as a landmark regeneration project by St Modwen in 2008, the centre was designed to nurture growing medical, science and technology sector organisations and is currently home to tenants including nuclear engineering firm Assystem and […] Posted by: Mya Driver Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Mya Driver Read more
Orchard Street completes acquisition of multi-let industrial estate in central Bristol for £30 million Jan 10, 2022 Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol for £30 million. The asset was acquired from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust. Located within close proximity to Bristol’s city centre, the […] Posted by: Mya Driver Read more
Aviva Investors providers £100m of additional funding to Truespeed – to deliver full fibre networks to communities Jan 10, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has provided up to an additional £100 million of funding to Truespeed, to extend the roll-out of the Bath-based provider’s ultrafast, gigabit-capable full fibre network across South West of the UK. It is the second investment made by Aviva Investors managed funds […] Posted by: Mya Driver Read more
