Planning secured for new Dakota hotel at Manchester Airport Sep 25, 2024 Planning approval has been secured for a new boutique Dakota Hotel at MIX MANCHESTER, adjacent to Manchester Airport. The 154-bedroom hotel is expected to inject approximately £12million per annum to the local economy, with 150 jobs for local people. It has an estimated £60m development value with a gross internal area of 7,835sqm. The hotel […] Posted by: Deividas Krupstas Read more
Developer Zephyr X unveils BtR project in Milton Keynes Sep 25, 2024 Commercial and residential property developer Zephyr X has today announced it has submitted a planning application for a major redevelopment of a prime Milton Keynes site to create 376 high quality build-to-rent (BTR) apartments. The redevelopment of 500 Avebury Boulevard, formerly known as the Allianz offices, in the city centre will see it replaced with a […] Posted by: Deividas Krupstas Read more
LondonMetric acquires six assets in £78m off-market deal Sep 25, 2024 LondonMetric Property has announced the off market acquisition of six single let urban logistics properties for £78.0 million from a FSTE 100 pension fund. The purchase price reflects a blended NIY of 5.8% which rises to 6.9% over the next two years. The Portfolio comprises six high quality properties totalling 526,000 sq ft, located in […] Posted by: Deividas Krupstas Read more
Lord Richard Harrington appointed as UKREiiF Advisory Group Chair Sep 24, 2024 The appointment will assist UKREiiF with the next phase of their growth following Infopro Digital’s acquisition of the business. UKREiiF (The UK’s Real Estate Investment and Infrastructure Forum) has announced the appointment of Lord Richard Harrington as UKREiiF’s Advisory Group Chair. He’ll assist UKREiiF with their growth strategy following their acquisition by Infopro Digital in […] Posted by: Mya Driver Read more
£96 Million Funding Approved for New Liverpool Baltic Merseyrail Station Sep 23, 2024 The Liverpool City Region Combined Authority has approved a £96 million funding package to support the construction of the new Liverpool Baltic Merseyrail station. This transformative investment signifies a major leap forward in enhancing the region’s transport infrastructure, further solidifying the city’s ambitions to improve connectivity and sustainability. The new station will be strategically located […] Posted by: Deividas Krupstas Read more
£200m Crosstree and Bloom Joint Venture launched Sep 23, 2024 Crosstree Real Estate Partners has officially expanded into the industrial and logistics real estate sector through a new £200 million joint venture with Bloom. This marks Crosstree’s debut in the growing logistics market, a sector that continues to thrive amidst strong investor demand. The partnership will focus on identifying industrial real estate opportunities across the […] Posted by: Deividas Krupstas Read more
Nest Launches £1bn Investment Platform for UK BTR Sector Sep 23, 2024 Nest, the government-backed auto-enrolment pension provider, has entered into a groundbreaking partnership with Legal & General (L&G) and Dutch pension fund PGGM to drive substantial investment in the UK’s build-to-rent (BTR) sector. This strategic collaboration will establish a £1 billion investment platform aimed at accelerating the development of high-quality rental properties across the country. The […] Posted by: Deividas Krupstas Read more
PIC releases 306 new homes to rent at Arbour Development in Milton Keynes Sep 23, 2024 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, is pleased to announce the practical completion of Arbour, a landmark Build-to-Rent scheme located in the heart of central Milton Keynes. The £80 million redevelopment of a brownfield site provides 306 residential apartments purpose- designed for rent, 43 of which are offered […] Posted by: Deividas Krupstas Read more
North of England’s largest Premier Inn set to land at MIX MANCHESTER Sep 23, 2024 Premier Inn has agreed terms with MIX MANCHESTER to build a 276-bedroom hotel within the development’s hotel district only 400m from Manchester Airport’s Terminals 1 and 2 Whitbread PLC, the parent company to Premier Inn, and MIX MANCHESTER have announced plans to develop the largest Premier Inn in the north of England at Manchester Airport. […] Posted by: Deividas Krupstas Read more
Firethorn Trust receives green light on plans for landmark London conversion Sep 23, 2024 UK real estate investor, developer and asset manager, Firethorn Trust, has secured planning permission to convert One Bessborough Gardens into residential accommodation. Situated in the City of Westminster, the four-storey site, which overlooks Bessborough Gardens and the River Thames, is a former office building spanning 70,000 sq ft. Firethorn acquired the asset in June 2024, […] Posted by: Deividas Krupstas Read more
