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
Aldermore providers £15m loan Pickard Properties for PBSA project Jan 10, 2022 Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an existing loan and to raise additional capital, to assist in the development of a large student accommodation block in Leeds. The loan is made up of a ten-year, part […] Posted by: Mya Driver Read more
Addleshaw Goddard announced as UKREiiF Partner Jan 10, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Addleshaw Goddard will be the event’s official Registration Partner. International law firm Addleshaw Goddard has thrown their weight behind the inaugural UKREiiF event by becoming the official Registration Partner. The partnership will see Addleshaw Goddard, which works with over 3,000 major businesses every year, […] Posted by: Mya Driver Read more
Harworth submits plans for 2.8m sq ft logistics project Jan 7, 2022 UKREiiF sponsor Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has submitted plans for a total of 2.8 million sq ft of industrial & logistics space at two sites close to Leeds in Yorkshire. The plans comprise up to 2 million sq ft of space at Harworth’s Gascoigne […] Posted by: Mya Driver Read more
JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions Jan 5, 2022 JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m. The deals mark the conclusion of the fund’s acquisitions boosting its portfolio of industrial space to 24 assets comprising 150 units totalling 1,050,000 sq ft on sites ranging from Dundee to Exeter. The […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two further grocery stores Jan 5, 2022 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 million (excluding acquisition costs), reflecting a combined […] Posted by: Mya Driver Read more
Peel L&P prepares to start work on Trafford Waters Jan 4, 2022 Plans have been submitted for the first phase of infrastructure work at Peel L&P’s Trafford Waters mixed-use development in TraffordCity, Greater Manchester which will see up to 3,000 homes, a primary school and almost 20 acres of new public open space built over the next 15 years. The regeneration business has submitted a reserved matters […] Posted by: Mya Driver Read more
