Catesby Estates sells 76-acre site to Council and Developer JV Sep 1, 2021 A Warwickshire site with planning permission for 620 homes has been sold to a council-backed partnership which will develop the scheme. Vistry and Warwick District Council’s housing company Milverton Homes have formed a joint venture to deliver the scheme on a 76-acre site in Kenilworth. Vistry was formed in 2020 by the merger of Bovis […] Posted by: Mya Driver Read more
Oxenwood and HBD strike funding deal to bring forward 1,000 new jobs Sep 1, 2021 1,000 new jobs have taken a step closer after developer HBD signed a deal to deliver 426,000 sq ft of new industrial space at its New Horizon scheme in Nottingham following a £53.8m forward-funding deal with Oxenwood Real Estate. The forward funding partnership is with Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by […] Posted by: Mya Driver Read more
Eagle Street Partners Acquires Hertz House Sep 1, 2021 Eagle Street Partners, the pan-European real estate investment and asset manager, has announced its acquisition of the prominent office building Hertz House in Uxbridge, West London. The high-profile, modern offices, totalling almost 70,000 sq. ft. over four floors, are the current UK headquarters of the building’s tenants, the automotive rental company Hertz Europe. The office […] Posted by: Mya Driver Read more
CDL Hospitality Trust Forward Funds Fiera & Packaged Living’s 352 BtR Scheme Sep 1, 2021 Fiera Real Estate and Packaged Living are pleased to announce the forward funding of the 25 storey, 352-unit build-to-rent scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts. The development, which will be known as “The Castings”, has a GDV of over £73m and is due to complete in Q2 2024. The […] Posted by: Mya Driver Read more
Countryside to exhibit at UKREiiF Sep 1, 2021 Countryside, the UK’s leading mixed-tenure developer, will be exhibiting at the inaugural UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), which will be held between 17-19 May 2022 in Leeds. Countryside’s approach to development brings together modern and efficient delivery methods to create sustainable communities where people love to live. Working across the country and […] Posted by: Nathan Spencer Read more
Trammell Crow Company enters UK market with logistics site acquisition Aug 31, 2021 Trammell Crow Company, a global developer and investor in commercial real estate, has acquired a prime 19.4-acre site in Milton Keynes, England to develop three Grade A speculative logistics buildings totalling approximately 340,000 square feet. The site at Merton Drive was home to the former Arcadia Distribution Centre. Construction is expected to begin in Q2 […] Posted by: Nathan Spencer Read more
Mapletree acquires four UK student accommodation assets in £165m deal Aug 31, 2021 Mapletree Investments Pte Ltd has purchased four Purpose-Built Student Accommodation assets in the United Kingdom UK for a total consideration exceeding £165m. Totalling 917 beds, the acquired portfolio comprises PBSA assets in Exeter, Bristol, Leeds and Nottingham and will complement Mapletree’s growing student housing footprint in the UK. They are strategically located within walking distance […] Posted by: Nathan Spencer Read more
New investment trust plans to raise £300m renewable investment fund Aug 31, 2021 Blackfinch Renewable European Income Trust plc (BRET), a new closed-end investment trust, plans an initial public offering (IPO) on the London Stock Exchange to raise up to GBP 300 million (USD 413m/EUR 350m), it was announced today. The new company and its investment manager, UK investment management firm Blackfinch Group, are looking to capitalise on […] Posted by: Nathan Spencer Read more
Chancerygate and Bridges Fund Management submit plans for £25m roadside development Aug 31, 2021 A joint venture between Chancerygate and Bridges Fund Management has submitted a planning application for 200,000 sq ft of trade counter, industrial and drive-through space in Peterborough, Cambridgeshire. This prime roadside development on 8.63 acres will be branded Bourges View, and is adjacent to the city’s premier out-of-town retail destination, Maskew Retail Park, which has […] Posted by: Nathan Spencer Read more
Regional REIT acquires 31 multi-let office assets in £236m deal Aug 31, 2021 Regional REIT Limited (LSE: RGL), the UK regional office specialist, has announced that it has acquired a major portfolio of 31 high quality, predominately multi-let office assets, from Squarestone Growth LLP, for a consideration price of £236.0m. The Board’s expectation is for the Acquisition to be earnings accretive, with significant additional value being achieved over […] Posted by: Nathan Spencer Read more
