Former Schroders real estate head Owen joins Immobel Jan 11, 2022 Real estate developer Immobel is consolidating its investment management activities across Europe and has appointed Duncan Owen, the former global head of real estate at Schroders, to lead the new business division. The Belgium-listed firm has appointed Owen CEO of Immobel Capital Partners, the newly launched unit which will be co-investing across the UK and continental […] Posted by: Mya Driver Read more
Far East Consortium snaps up 2-acre Manchester site Jan 11, 2022 Far East Consortium, the developer behind Manchester’s Victoria North regeneration project, has snapped up a two-acre site to form part of its Red Bank neighbourhood. The land on Dantzic Street is part of the strategic regeneration framework for Victoria North, which will deliver 15,000 new homes in Manchester city centre over the next decade. FEC […] Posted by: Mya Driver Read more
Harworth makes further key hires to deliver ambitious growth strategy Jan 11, 2022 UKREiiF sponsor Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce the appointment of Haroon Akram as Director of Strategy, Investment & Business Development, and Dan Needham as Development Director. These newly-created roles will be central to the delivery of Harworth’s strategy to double the […] Posted by: Mya Driver Read more
Octopus Real Estate announces £450m funding agreement with Bayview Asset Management Jan 11, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has agreed upon a funding partnership with affiliates of Bayview Asset Management, an investment management firm focused on investments in mortgage and consumer credit, to provide two-to-five-year senior investment debt to the UK Commercial Real Estate market. The […] Posted by: Mya Driver Read more
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