Nottingham Lace Market site acquired for £40m and planning submitted Jun 15, 2021 Watkin Jones has announced, subject to planning, the acquisition of a site on Lower Parliament Street in the heart of Nottingham’s Lace Market district alongside submitting plans to create a c357 student bed scheme. The c£40 million GDV development will include 274 en suite rooms with communal kitchens, as well as 83 studio apartments. […] Posted by: Nathan Spencer Read more
Confectionery giant Haribo announces £22m UK investment Jun 11, 2021 The confectionery manufacturer has revealed plans to roll out the investment across 2021, and said it would “support the brand’s number one position within the UK market”. Haribo, which is known for popular brands including Starmix, Tangfastics and Gummy Bears, operates a state-of-the-art facility in Castleford from where it produces more than 30,000 tonnes of sweets each […] Posted by: Nathan Spencer Read more
Ainscough Strategic Land brings 400-acre new village to market Jun 11, 2021 A 400-acre rural estate in Swindon with outline planning permission for a new village of 2,500 dwellings is being brought to market. Lotmead Farm lies within the designated New Eastern Villages (NEV) area and is being offered for sale by Ainscough Strategic Land on behalf of the landowner, the Parry Family Trust, with Avison Young […] Posted by: Nathan Spencer Read more
Tritax Symmetry gain approval for 1m sq ft scheme Jun 11, 2021 Plans for a one million sq ft development at Symmetry Park in Knowsley have been backed, with Tritax Symmetry securing the approval. The hybrid application included detailed consent for a 160,000 sq ft logistics facility together with outline backing for up to 835,600 sq ft of storage and distribution space and offices. The latter element […] Posted by: Nathan Spencer Read more
PineBridge Benson Elliot in £190m Sigma takeover deal Jun 11, 2021 Sigma Capital Group, the Edinburgh-based residential development and urban regeneration specialist, has been acquired by pan-European private equity specialist PineBridge Benson Elliot in a deal that values the group at £188.4 million. Each Sigma shareholder will be entitled to receive 202.1p in cash, representing a 35.6% premium to the closing price of 149p per Sigma share […] Posted by: Nathan Spencer Read more
Grainger plc acquires Newcastle PRS asset for £57m from Moorfield Real Estate Jun 11, 2021 Grainger plc, the UK’s largest listed residential landlord with 9,109 operational rental homes and a further 8,851 in its £2.1bn pipeline, has acquired The Forge, a stabilised income producing Build-to-Rent (“BTR”) asset comprising 283 rental apartments and a ground floor commercial unit via a corporate acquisition for c.£57m from Moorfield Real Estate Fund III. This […] Posted by: Nathan Spencer Read more
Target Healthcare REIT makes £33m acquisition of two sites Jun 11, 2021 Target Healthcare, the UK listed specialist investor in modern, purpose-built care homes, announces that it has completed the acquisition of an established luxury care home in Scotland and has also acquired a site in Buckinghamshire and contracted to forward fund the subsequent development of a pre-let care home. The total investment for the completed homes […] Posted by: Nathan Spencer Read more
£12m funding deal secured for new Brixton project Jun 11, 2021 Ekaya Housing Association will drive forward plans to build more than 65 new homes in the next three years – after securing eight-figure funding from NatWest. The housing association will use the £12 million funding package to grow its existing portfolio of circa 450 homes for affordable rent, shared ownership and supported housing across seven […] Posted by: Nathan Spencer Read more
Fenton Whelan launch London’s £500m Park Modern Jun 8, 2021 Fenton Whelan are launching London’s £500 million Park Modern, a 190,000 sqft luxury development facing south over Hyde Park and Kensington Palace Gardens. Park Modern will deliver 57 one to six bedroom residences, including spectacular lateral apartments, three trophy penthouses, mews houses and 30,000 sqft of 5-star hotel style amenities including a concierge, resident’s lounge, […] Posted by: Nathan Spencer Read more
Latest raft of Towns Deals Funding announced as 26 towns share £610m Jun 8, 2021 Investment will boost local economies, create jobs and new homes, and improve skills Plans will transform public spaces, deliver green transport links and revamp cultural and tourist attractions Part of Government’s multi-billion levelling up programme Twenty-six towns in England will share over £610 million to boost their local economies, create jobs and help them build […] Posted by: Nathan Spencer Read more
