Home REIT set to deploy further £60m Dec 17, 2021 Home REIT plc, which funds the acquisition and creation of high quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed a further £60.2 million of the proceeds raised in the Company’s significantly oversubscribed £350 million equity issue in September 2021 (the “Initial Issue”). £289.1 million […] Posted by: Mya Driver Read more
Helical acquires London office building in £160m deal Dec 17, 2021 Helical plc, a leading UK real estate company specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings has exchanged contracts to acquire from the vendor, 100 New Bridge Street Limited, the Guernsey incorporated single asset company, FPM 100 New Bridge Street Limited, that owns 100 New Bridge Street, London EC4, a […] Posted by: Mya Driver Read more
SDI Propco acquires 278-acre site for £54m Dec 17, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that it has conditionally exchanged contracts for the sale of its strategic land site in Ansty, Warwickshire, to SDI Propco (100) Limited (the “Purchaser”), for a consideration of £53.5 million, payable in cash upon completion. Completion of the transaction […] Posted by: Mya Driver Read more
Immofinanz to reach emission-free status by 2040 Dec 17, 2021 Immofinanz is making an important contribution to the fight against climate change with its new Net Zero Emission Strategy. Plans call for a reduction of 60% (below the 2019 level) in all greenhouse gas emissions by 2030 – and by 2040, this leading European commercial real estate company intends to be emission-free along the entire […] Posted by: Mya Driver Read more
SEGRO continues London growth with three key acquisitions Dec 17, 2021 SEGRO has completed the acquisition of key assets in strategic locations in north and south London, evidencing increasing momentum of the execution of its growth strategy in Greater London. The two north London assets, which are located in Walthamstow and Waltham Cross, have been acquired from a private seller for an undisclosed price. The south […] Posted by: Mya Driver Read more
UK Industrial & Logistics take up and investment hits record high in 2021 Dec 16, 2021 Take up of warehouse space in the UK is set to hit a record 66 million sq ft in 2021 (units over 50,000 sq ft), according to preliminary data from Knight Frank. This is 27% higher than 2020’s record take up of 52 million sq ft, reflecting unprecedented demand from occupiers to secure suitable space, […] Posted by: Mya Driver Read more
Palace Capital announce new Chairman Dec 16, 2021 Palace Capital is pleased to announce the appointment of Steven Owen as Chairman of its board of directors (the “Board”), with effect from 1 January 2022. Steven is the Non-Executive Chairman of FTSE 250 property investment group Primary Health Properties plc (“PHP”) having been appointed Chairman in April 2018. He was appointed to the Board […] Posted by: Mya Driver Read more
Hines announces increased investment focus on Life Science sector Dec 16, 2021 Hines, the international real estate firm, today shared that the firm will be placing a larger emphasis on investing in more life sciences sector opportunities. This market outlook is supported by the heightened focus the pandemic has placed on life sciences within the commercial real estate industry. To meet the new demand, Hines plans to […] Posted by: Mya Driver Read more
Peel L&P unveils mixed use development masterplan for 90-acre site Dec 15, 2021 The masterplan for the redevelopment of Chatham Docks Industrial Estate has been unveiled by regeneration business Peel L&P as it sets out its early vision for the area. The 90-acre site will feature approximately 3,600 new homes, a one million square foot new employment zone which will create in excess of 2,000 new jobs as […] Posted by: Mya Driver Read more
Octopus Real Estate completes £8.45m loan on hotel and spa resort near Stratford-upon-Avon Dec 15, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed an £8.45 million loan secured on a hotel with spa and health club, golf course and various amenities. The Welcombe Hotel, based just outside Stratford-upon-Avon, is extremely well located for a leisure hotel, some 20 miles […] Posted by: Mya Driver Read more
