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
Sirius Real Estate announces acquisition of BizSpace Group Nov 16, 2021 Further to its announcements of 8 November 2021, Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany, is pleased to announce that it has now completed the acquisition of Helix Investments Limited, the holding company of the BizSpace business, for a cash […] Posted by: Mya Driver Read more
Shell announces plan to move HQ to the UK Nov 15, 2021 Shell has announced plans to move it’s headquarters from the Netherlands to the UK as part of proposals to simplify the company’s structure. It also wants to do away with its dual share structure in favour of just one class of shares to boost “the speed and flexibility” of shareholder payouts. The move will see […] Posted by: Mya Driver Read more
Swan Group announces their largest ever Scotland mixed-use scheme Nov 15, 2021 Swan Group will deliver in excess of 750 new homes, its biggest development yet. The company has also purchased the adjacent Anderson land holding bringing the overall masterplan area to around 146-acres. Swan Group has also secured substantial funding to complete the extensive infrastructure works, which will support the new community, including roads within the development and […] Posted by: Mya Driver Read more
Urban Logistics REIT looks to raise further £200m Nov 15, 2021 The £735.7m Urban Logistics investment trust is looking to raise £200m through an equity issue and is applying to be admitted to the premium segment of the London Stock Exchange (LSE). The trust, which is focused on industrial and logistic properties, will fundraise through initial placing, offer for subscription and intermediaries offer. The issue price […] Posted by: Mya Driver Read more
