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
London tops the charts within the European office market Dec 1, 2021 London, Stockholm and Berlin have been ranked Europe’s top three cities in terms of office sector investment opportunities in Allianz Real Estate’s Cities That Work 2021 report. The study examines 26 top-tier cities in Europe and incorporates 20 proprietary and external indicators which are used to generate structural scores for each city. “While the world […] Posted by: Mya Driver Read more
New Planning Application Submitted for Animate Cinema and Leisure Complex Dec 1, 2021 A planning application for the city owned multi-million pound cinema and leisure complex, Animate, has been lodged by Preston City Council. Since the scheme was first proposed, plans have progressed to improve the previously consented proposals and respond to the current leisure market trends. The planning application includes an 8 screen cinema; 16 lane bowling […] Posted by: Mya Driver Read more
UK Business Council for Sustainable Development (UKBCSD) to appear at UKREiiF Dec 1, 2021 The UK Business Council for Sustainable Development (UKBCSD) has signed up to sponsor the Net Zero Pavilion, in partnership with City of Bradford Metropolitan District Council, at next year’s inaugural UKREiiF event, to be held in Leeds between 17-19 May 2022. UKBCSD’s sign-up comes hot on the heels of the Western Gateway, West Yorkshire Combined […] Posted by: Mya Driver Read more
470-space multi-storey car park approved as part of £300m Sheffield development Dec 1, 2021 Sheffield City Council has granted full planning permission for a new 470 space, nine-storey car park with ancillary facilities in the first phase of the much-anticipated new West Bar mixed use development in the city centre. The news follows consent granted in August for a 100,000 sq ft Grade A office building with supporting retail […] Posted by: Mya Driver Read more
Three business JV to deliver £300m development in Ipswich Nov 29, 2021 Leading London developer Galliard Homes, Regional landowner-developer Apsley House Capital and Midlands based property developer Wavensmere Homes have announced a partnership to deliver circa £300 million (GDV) of new development providing almost 850 new homes, comprised of two new residential-led schemes, Belgrave Village in Birmingham and Barrelsman’s Point, the regeneration of the HMS Ganges Naval […] Posted by: Mya Driver Read more
JV secured planning for £35 Edinburgh industrial scheme Nov 29, 2021 A joint venture (JV) has secured planning to build 132,000 sq ft of Grade A urban logistics and trade counter park with a gross development value of around £35m on Bankhead Avenue in Sighthill, Edinburgh. Called Capital Park, the development will comprise 18 high specification new build leasehold units ranging from 2,761 sq ft to […] Posted by: Mya Driver Read more
