Kerry Properties acquires London building in £145.5m deal Sep 9, 2021 BMO Commercial Property Trust Limited has disposal of Cassini House located in St. James’, London to Kerry Properties. The property is a prime multi-let freehold office building and represents the second largest holding in the portfolio. The Company has sold the property for a total consideration of £145.5million, reflecting a substantial increase of 11 per […] Posted by: Mya Driver Read more
U+I’s £800m Greenwich Peninsula scheme gets approval Sep 8, 2021 Developer U+I has received the green light for their £800m OMA designed scheme which includes four buildings up to 36-storeys in height. The mixed-use scheme will be built on the western side of the Greenwich Peninsula with work expected to begin in 2023. The project includes 1,500 new homes, 17,000 sq m of commercial space […] Posted by: Mya Driver Read more
Boxpark secures investment as they eye new sites outside of London Sep 8, 2021 The Boxpark retail, hospitality and leisure operator is to accelerate its expansion plans after securing new investment from LDC. The private equity firm will support the company’s management team as it looks to roll out new sites across the UK over the next five years. Founded in 2011 by Roger Wade, Boxpark currently has locations […] Posted by: Mya Driver Read more
Royal Borough of Greenwich announces housing development partner on Woolwich Leisure Centre Scheme Sep 8, 2021 More affordable homes come a step closer in Woolwich as the council names The Hill Group as development partner on its Woolwich Leisure Centre Scheme. The Council is investing in a brand-new state-of-the-art leisure centre fronting General Gordon Square in the heart of Woolwich town centre. This will offer a wide range of facilities, including […] Posted by: Mya Driver Read more
Report shows logistics sector continues to flourish in the UK Sep 8, 2021 Rents are rapidly increasing in secondary prime locations and smaller logistics units continue to dominate take-up, according to the latest research from global real estate advisor, CBRE. According to CBRE’s report, there have been increases in prime rents across all regions over the last five years, however the largest increases have been in secondary prime […] Posted by: Mya Driver Read more
Birmingham-based property investor announces a new lease and doubling of footprint at its Midlands Business Park Sep 7, 2021 Birmingham-based regional property investor, Colmore Capital, has secured a new lease at its Quartz Point Business Park in Solihull to current tenant and building services provider Briggs & Forrester Group. Well established as a leader in the building services industry, Briggs & Forrester Group provides a range of engineering design, consulting, installation, and maintenance services […] Posted by: Mya Driver Read more
Muse Developments and Travelodge announce deal for new hotel at Forge Island Sep 7, 2021 Major hotel brand, Travelodge, has exchanged a long-term deal with the UK’s leading town and city-centre regenerator, Muse Developments and Rotherham Council, to become the latest anchor occupier at Rotherham’s Forge Island, which will see a new 69-room hotel delivered in the heart of Rotherham town centre, as part of the area’s wider repurposing and […] Posted by: Mya Driver Read more
Planning submitted for extension to Cordia Blackswan’s leading BTR development Sep 7, 2021 Birmingham-based property developer, Cordia Blackswan, has submitted a planning application for an extension to their leading BTR development, The Lamp Works. Located on the site of a former textile and furniture factory and close to popular Jewellery Quarter pub the Lord Clifton, The Lamp Works is a residential led mixed-use scheme, providing a mix of […] Posted by: Mya Driver Read more
Historic England’s Chief Executive talks collaboration, sustainability and how they’re aiding the Build Back Better agenda Sep 7, 2021 Historic buildings have a crucial role to play in the Build Back Better and Net Zero agendas. These buildings are unique. They hold memories and history – and most important, they hold a major opportunity. We’ve been speaking exclusively with Historic England’s Chief Executive Duncan Wilson on the importance of preserving the UK’s historical assets, […] Posted by: Mya Driver Read more
Student-led mixed-use scheme plans approved, with former Debenhams store set for revamp Sep 7, 2021 Orchard Street IM, the specialist commercial property investment manager, has announced that it has received planning permission from Leeds City Council to transform the former Debenhams store on Briggate, Leeds, into a new mixed-use asset. The development will see the former department store repurposed to provide 124 high-quality studio apartments while the basement, ground and […] Posted by: Mya Driver Read more
