Schroders Capital completes £35 million off market acquisition Jul 11, 2024 Schroders Capital’s real estate team, acting on behalf of Greater Manchester Pension Fund (“GMPF”), has successfully completed the off-market acquisition of Brackmills Central Industrial Estate in Northampton from M&G Real Estate for £35 million, reflecting a capital value of £128 per sq ft. The 272,000 sq ft estate comprises 31 units ranging from 3,000 to […] Posted by: Mya Driver Read more
Billericay 750 Homes Development Plans Announced Jul 11, 2024 Plans are underway for the construction of over 750 homes in Billericay’s green belt. Gleeson Land has submitted an application to Basildon Council for 250 homes on land off Laindon Road. This proposal follows recent applications from Broadway Malyan for 380 homes on Greens Farm Lane and Scott Properties for 130 homes and a Lidl […] Posted by: Mya Driver Read more
OnLogistics Acquires Rugby-Based Exact Logistics Jul 11, 2024 OnLogistics, a Solihull-based company specialising in e-commerce and order fulfilment services, has acquired Exact Logistics, based in Rugby. Exact Logistics, founded in 2009 by Adam and Karen Shuter, offers palletised freight delivery services and has expanded to provide final mile distribution for European hauliers, mainly German, and has an in-house customs clearance team. Adam and […] Posted by: Mya Driver Read more
Liverpool City Council Seeks Feedback on 12,000-Home Housing Strategy Jul 11, 2024 Liverpool City Council has launched a consultation on a new housing strategy aimed at delivering 12,000 homes over the next six years. This plan seeks to provide 2,000 homes annually and increase affordable housing availability across the city. The strategy, anticipated to trigger a £1bn housebuilding surge, includes a key goal of doubling the proportion […] Posted by: Mya Driver Read more
Cardiff Set for Wales’ Tallest Building with New 35-Storey Tower Jul 11, 2024 Plans for the tallest building in Wales have been unveiled for a prime site in Cardiff. Bluecastle Capital has acquired the final plot at Central Square from Rightacres Property to develop a 35-storey build-to-rent apartment block. The development, which has planning consent, will feature 364 apartments, a commercial pavilion, and additional residential amenity space. At […] Posted by: Mya Driver Read more
Sirius Real Estate Raises £150 Million to Boost Property Acquisitions Jul 11, 2024 Sirius Real Estate has announced the successful raising of £150 million to support its property acquisition strategy. The company revealed that it would issue shares at 94p, a slight discount to the closing price on Wednesday. Additionally, Sirius Real Estate is conducting a retail offer of stock via the PrimaryBid platform, which could generate an […] Posted by: Mya Driver Read more
Aviva Investors provides forward funding for new student village complex at Staffordshire University Jul 10, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has agreed to acquire and forward fund a fully amortising lease for the creation of a new student village at Staffordshire University. The investment has been made on behalf of Aviva’s Insurance, Wealth and Retirement business, with Aviva Investors providing forward funding via […] Posted by: Mya Driver Read more
Mayor Brabin tells builders to brace for housebuilding boom Jul 10, 2024 Mayor Tracy Brabin has vowed to deliver a “new dawn” for housebuilding across West Yorkshire, by working in lock-step with local housing providers and the new government in Westminster. The West Yorkshire Housing Strategy 2040, the first of its kind for the region, has been unveiled on a visit to Saxton Lane in Leeds, where […] Posted by: Mya Driver Read more
£10 Million Regis Quarter Project in Bognor Regis Backed by Council Jul 10, 2024 Plans for a £10 million development, dubbed the ‘Regis Quarter,’ on the Bognor Regis seafront have been supported by Arun District Council’s economy committee. The proposed development, set to transform the former Brewers Fayre pub and Regis Centre Car Park sites, includes commercial spaces, leisure and tourism areas, overnight accommodation, residential flats, and a theatre. […] Posted by: Mya Driver Read more
Guisborough Retail and Business Park Listed for £10.5 Million Jul 10, 2024 Cleveland Gate Retail and Business Park in Guisborough has been put on the market for over £10.5 million. The park, which hosts well-known brands and local businesses, is attracting interest from both national and international property investment firms. The park comprises nearly 40,000 square feet of retail space and 25,000 square feet of business space, […] Posted by: Mya Driver Read more
