Green light for two new Grade A office developments Sep 15, 2021 Wirral Growth Company has received planning approval for two new Grade-A office developments in Birkenhead, marking the first phase of its extensive regeneration masterplan. The announcement follows the recent approval of the formal site development plan for phase one of Birkenhead Town Centre’s masterplan, as well as the WiredScore Gold standard rating that the two […] Posted by: Mya Driver Read more
Glenbrook Investments expands Yorkshire portfolio with £6.7m purchase Sep 14, 2021 Glenbrook Investments has expanded its portfolio into Yorkshire with the acquisition of the freehold interest in Albion Court, Leeds for £6.7m, reflecting a net initial yield of 8.1%. NorthCap advised Glenbrook Investments on the acquisition. Albion Court, which is part-Grade II Listed and extends to 31,400 sq ft, provides a mix of leisure, retail and […] Posted by: Nathan Spencer Read more
Care home investor Target Healthcare REIT raises £125m in significantly oversubscribed share issue Sep 13, 2021 The Board of the Company is pleased to announce that it has successfully raised gross proceeds of £125 million through a significantly oversubscribed issue of new ordinary shares (“New Shares”) at 115 pence per New Share (the “Issue”). After careful consideration of the exceptionally strong level of support and quality of demand from investors in […] Posted by: Nathan Spencer Read more
Avamore appoints Alan Margolis to leadership team as part of ambitious growth plans Sep 13, 2021 Avamore Capital has appointed Alan Margolis, former Director of Bridging at Masthaven Bank, to join its Senior Leadership Team alongside Philip Gould and Co-Founders Michael Dean and Zuhair Mirza. The hire comes as part of the lender’s ambitious growth plans and, will add further momentum to Avamore’s journey in becoming one of the leading lenders […] Posted by: Nathan Spencer Read more
Alchemy and Tri7 form JV to invest £250m into UK retail and mixed-use sites Sep 13, 2021 Tri7 (formerly known as Skape Real Estate), a real estate investment and asset management firm, and funds advised by Alchemy Special Opportunities LLP (Alchemy), the European private equity and special situations firm, have formed a partnership that will provide Tri7 with up to £100 million of funding to invest up to £250 million into real estate value-add opportunities that have arisen […] Posted by: Nathan Spencer Read more
Planning approval for GE Renewable’s mammoth offshore wind factory Sep 13, 2021 Tees Valley Mayor Ben Houchen has today welcomed another major milestone in the redevelopment of the Teesworks site with the news that plans for GE Renewable Energy’s mammoth wind turbine blade factory have been officially approved. Redcar and Cleveland Borough Council have given the green light for the construction of the huge 76,200sq m facility, in […] Posted by: Nathan Spencer Read more
Chancerygate and SGN announce JV to bring forward Croydon industrial development Sep 13, 2021 A joint venture (JV) between Chancerygate and SGN Place – the property development arm of gas distribution company SGN – has exchanged contracts to acquire a four-acre site in Croydon. The deal marks the first JV between the partners, who plan to speculatively develop 95,000 sq ft of Grade A industrial and warehousing space with […] Posted by: Nathan Spencer Read more
M7 Real Estate and Kamco Invest Group grow partnership with £120m acquisition of four assets Sep 13, 2021 Kamco Invest Group and M7 Real Estate (“M7”), the pan-European investor and asset manager, have completed the acquisition of a further four office buildings via four separate transactions in central London and key regional locations across the UK for a combined value of over £120 million. The portfolio comprises Enterprise House, a single let building […] Posted by: Nathan Spencer Read more
APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland Sep 9, 2021 APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries. The deal supports APCOA’s vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is […] Posted by: Mya Driver Read more
Far East Consortium strikes strategic development partnership with Capital & Regional Sep 9, 2021 Capital & Regional, the UK convenience and community focused shopping centre REIT, is pleased to announce it has signed an exclusivity agreement with a subsidiary of Far East Consortium International Limited (“FEC”), a leading international real estate developer, specialising in high quality residential, hotel and mixed-use developments in the UK, Asia and Australia. The agreement […] Posted by: Mya Driver Read more
