UK Residential REIT aims to raise £150m in stock market float Jun 2, 2021 The UK Residential REIT, a proposed closed-ended real estate investment trust established to invest in a diversified portfolio of affordable, privately rented residential real estate assets in attractive locations outside of London, today announces its intention to proceed with an initial public offering of new Ordinary Shares and to apply for the admission of its […] Posted by: Nathan Spencer Read more
Northern Ireland’s 10-year investment strategy unveiled Jun 1, 2021 Economy Minister Diane Dodds has today launched the trade and investment strand of her economic plan for Northern Ireland over the next ten years, ahead of the expected re-shuffle which will see her being replaced by Paul Frew. Dodds said: “I want to harness trade and investment as a catalyst for inclusive, green growth in […] Posted by: Nathan Spencer Read more
Kraft Heinz announces £140m investment in the UK Jun 1, 2021 The firm has confirmed their intention to bring ketchup making back to the UK at their Wigan factory. The factory is already the largest food processing plant in Europe, with around 1.3bn cans of food being produced at the plant a year, but bringing ketchup back to the site could create 50 new jobs. The […] Posted by: Nathan Spencer Read more
Springfield Properties announce results to be “significantly ahead” of market expectations Jun 1, 2021 Housebuilder Springfield Properties said today that it expects its 2020/21 results to be significantly ahead of market expectations, reflecting significant year-on-year revenue growth. A trading update issued this morning revealed strong build and sales activity in the first half of the year has been sustained throughout the year with the group continuing to experience high demand across the […] Posted by: Nathan Spencer Read more
IPUT acquires 64-acre development site near Dublin Airport Jun 1, 2021 Potential to deliver 600,000 to 700,000 sq. ft. of prime logistics space Scheme to increase IPUT’s logistics portfolio to c. 4 million sq. ft. on completion IPUT setting new standards for sustainability in the logistics sector IPUT Real Estate, Ireland’s leading property company and the largest owner of offices and logistics assets in Dublin, is […] Posted by: Nathan Spencer Read more
M7 Real Estate sells Wednesbury Trading Estate for £34 million to PATRIZIA Jun 1, 2021 M7 Real Estate, the pan-European investor and asset manager specialising in multi- tenanted properties, announces that it has sold Wednesbury Trading Estate to PATRIZIA for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP. Wednesbury Trading Estate, which is located approximately 10 miles to the north west of Birmingham, […] Posted by: Nathan Spencer Read more
Record year for Scottish equity deals Jun 1, 2021 Scotland retained its strong position as one of the most active equity investment markets in the UK last year with the number of deals completed reaching record levels. Published today by Scottish Enterprise, Investing in Ambition: Scotland’s Risk Capital Market in Context, identifies 446 equity deals completed in Scotland during 2020 (2019: 428). It places […] Posted by: Nathan Spencer Read more
Work ramps up as plans unveiled for Teesworks’ offshore wind factory May 31, 2021 GE Renewable Energy’s plans for a mammoth factory to manufacture state-of-the-art blades for offshore wind turbines took a major step forward this week after Tees Valley Mayor Ben Houchen submitted plans that will create thousands of jobs for local workers. Mayor Houchen has also revealed the first images of what the facility will look like […] Posted by: Nathan Spencer Read more
Clowes Developments exchange contracts for 26,000sq ft project May 31, 2021 Paul Shanley, Director at Clowes Developments has sealed the deal on a design and build facility for leading pharmaceutical manufacturer and distributor Manx Healthcare Ltd at Tournament Fields in Warwick. The purpose-built 26,000sq ft industrial/warehouse facility will be located on a 1.25acre plot known as 8003 at the highly regarded logistics and distribution hub in […] Posted by: Nathan Spencer Read more
Oxford Properties makes first UK global life sciences acquisition May 31, 2021 – With the acquisition of 310 Cambridge Science Park Oxford has committed US$1.3 billion to life sciences in 2021 – Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has extended its global life sciences platform with the acquisition of 310 Cambridge Science Park, United Kingdom, its first investment in […] Posted by: Nathan Spencer Read more
