Berkeley given green light for 4,600 home scheme Nov 18, 2021 St James Group, Berkeley Group, has announced it has been given the green light for the 4,600-home scheme. Plans outline a new community immediately east of Junction 14 of the M1, that includes schools, local centres, employment and will include a range of accommodation from one-bed flats to five-bedroom houses. As part of the extension, a new bridge […] Posted by: Mya Driver Read more
PATRIZIA launches £800m London focused urban logistics platform Nov 18, 2021 PATRIZIA AG, a leading partner for global real assets, announces the final close of its GLI platform (“the Platform”), a London urban logistics sidecar investment to its flagship discretionary value add fund, TransEuropean Property VII LP (“TEP VII” or “the Fund”), with a further EUR 750 million to invest. The Platform, which will be operated […] Posted by: Mya Driver Read more
SSE announces £12.5bn investment plan to accelerate net zero targets Nov 18, 2021 SSE has rebuffed calls to break itself up, and announced a multi-billion pound plan to boost investment across its renewable energy and electricity networks businesses. SSE will expand its investment plan for the next five years to £12.5bn, from its previous target of £7.5bn, across its business in the areas which will help the UK […] Posted by: Mya Driver Read more
Further homes approved in Ebbsfleet Garden City Nov 18, 2021 Bellway Homes has been given planning approval for 121 homes in Ebbsfleet Garden City. It will be the first major phase of the Northfleet Embankment West mixed-use development and will be known as Harbour Village. The area forms part of Ebbsfleet Development Corporation’s site at Northfleet Riverside with a key aspiration that development will re-connect the existing communities […] Posted by: Mya Driver Read more
Latest Evermore Care facility unlocked through £10m Fortwell Capital loan Nov 17, 2021 Fortwell Capital, principal lender to developers and investors within the UK and Ireland and attend to UKREiiF, has provided a new £10.1 million development loan to purpose-built care home developer and operator, Evermore Care, enabling the construction of a new Lancashire care home. The loan will be used to fund the construction of Astley View, […] Posted by: Mya Driver Read more
Workspace acquire historic Busworks building in Islington for £45m Nov 17, 2021 Workspace Group, London’s leading provider of flexible office space, is pleased to announce that it has acquired The Busworks, in Islington, for a total of £45m. This off-market acquisition is being funded from existing facilities. A former Victorian bus factory with a rich history dating back to 1888, the property provides 104,000 sq. ft. of […] Posted by: Mya Driver Read more
Grainger acquires two sites for BtR schemes in Exeter and Sheffield Nov 17, 2021 Grainger plc, the UK’s largest listed residential landlord with 9,727 operational rental homes and a further 8,373 in its £1.9bn pipeline, today announces that it has acquired two sites for direct development build-to-rent opportunities, totalling a potential c.480 new PRS homes within Grainger’s planning and legal pipeline. Exmouth Junction in Exeter benefits from having planning […] Posted by: Mya Driver Read more
Trebor Developments submit plans for 645,000 sq ft manufacturing facility Nov 17, 2021 Following Trebor Developments and their partner’s purchase of the former MARS Petcare site in Peterborough and successful planning consent for a two-unit speculative development in July 2021, a new detailed planning application has been submitted for a bespoke manufacturing facility totalling 645,000 sq ft on behalf of an undisclosed occupier. Work will commence on site […] Posted by: Mya Driver Read more
JLL Announced as Major Sponsor of UKREiiF Nov 17, 2021 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, JLL will be the Future of Real Estate Pavilion Sponsor Major international real estate service provider JLL has thrown its weight behind the inaugural UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) event, to be held in Leeds between 17-19 May 2022, by agreeing […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two grocer stores for £73m Nov 16, 2021 Supermarket Income REIT, 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 Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited for a total purchase price of £73.0 million (excluding acquisition costs), reflecting a […] Posted by: Mya Driver Read more
