Bradford Council is a partner at flagship sustainable investment event Dec 6, 2021 Bradford Council is playing a key role in regional flagship event which aims to bring together businesses, investors and public sector organisations to plan for a sustainable future for employment, planning and industry. The inaugural UK Real Estate Investment and Infrastructure Forum (UKREiiF) is set to be held in Leeds on 17-19 May 2022. Bradford […] Posted by: Mya Driver Read more
Europa Capital enters Birmingham market with acquisition of city centre Crown Works BTR development Dec 6, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered the Birmingham market with the acquisition, through a forward funding agreement, of Crown Works, a new 203-apartment build-to-rent (“BTR”) development adjacent to the city’s central business district. Europa Capital has made the acquisition on behalf of its value-add fund, Europa Fund VI. […] Posted by: Mya Driver Read more
Development consortium unveils vision for 200-acre 7,000 home neighbourhood Dec 2, 2021 New Ingliston Limited has been rebranded as West Town Edinburgh Ltd (WTE) and is now moving forward with its plans for ‘West Town’ following guidelines set out by the proposed Edinburgh City Plan 2030. WTE announced earlier this year that Drum Property Group had made a significant equity investment and taken on a key management and development […] Posted by: Mya Driver Read more
£400m investment to create largest multi-modal biopharmaceutical manufacturing site announced Dec 2, 2021 FUJIFILM Diosynth Biotechnologies, a world leading contract development and manufacturing organisation (CDMO) for biologics, viral vaccines and viral vectors, has confirmed a £400 million planned investment package at its UK facility in Billingham, Teesside. This investment package more than doubles the site’s existing development and manufacturing footprint, creating the largest multi-modal biopharmaceutical manufacturing site in […] Posted by: Mya Driver Read more
SSE announce £4bn investment plans – creating 850 jobs Dec 2, 2021 Energy giant SSE has unveiled £4 billion investment proposals that will create more than 850 jobs in its distribution business. Scottish and Southern Electricity Networks (SSEN) Distribution, which is owned by SSE, aims to boost its investment by around a third in the north of Scotland and central southern England for the next price control period between 2023 […] Posted by: Mya Driver Read more
Built environment “in urgent need of regeneration” Dec 2, 2021 Debate is raging on what the city of the future will look like, with the pandemic serving to hasten many of the trends that were already reshaping our urban landscape and real estate markets. JLL’s report ‘Regeneration Shaping the built environment to create value for all’ shows the opportunity and accountability for real estate to […] Posted by: Mya Driver Read more
Council set to submit plans for innovative later living housing scheme Dec 2, 2021 Caerphilly County Borough Council has announced that it is submitting a planning application to develop an innovative new later living housing scheme on the site of the former Ty Darran care home in Risca. The proposed new building will be designed with high levels of energy efficiency to reduce tenants’ bills, whilst also reducing carbon […] Posted by: Mya Driver Read more
Fortwell Capital provides £28m loan to Argo Real Estate and Townsend Group for office project Dec 1, 2021 Fortwell Capital, principal lender to developers and investors within the UK and Ireland, has provided a new £28.1 million acquisition and capex loan to Argo Real Estate and The Townsend Group for the redevelopment of London’s iconic Baltic Exchange building. The loan will be used to transform the Grade II listed commercial office building, which […] Posted by: Mya Driver Read more
UKCM acquires pre-let multi let industrial warehouse development for £25 million Dec 1, 2021 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), announces that it has further strengthened its significant industrial and logistics portfolio with the acquisition, via a circa £25 million forward funding of three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick airport. The asset is expected […] Posted by: Mya Driver Read more
Supermarket REIT acquires further Sainsburys store for £76m Dec 1, 2021 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Sainsbury’s supermarket in Cannock, Staffordshire, from a client of CBRE Investment Management for £75.8 million (excluding acquisition costs), representing a net initial yield of 4.0%. The Sainsbury’s store opened in 1997 and was extensively refurbished […] Posted by: Mya Driver Read more
