Rumours circling of Tesla interest in UK factory May 20, 2021 Elon Musk’s brief visit to the UK – flying into Luton Airport – has started rumours around a potential Tesla factory here in the UK. The EV leader flew in on a private jet last weekend, staying for two days, which coincides with a hunt by UK officials for “a major new car plant” location. […] Posted by: Nathan Spencer Read more
Bridge Industrial acquires Southall site for first UK industrial development May 19, 2021 Bridge Industrial, the US-based industrial real estate operating company and investment manager, has announced its first acquisition for industrial space since opening its London office in November 2020. Bridge has purchased a site with an existing warehouse unit in the Great Western Industrial Park in Southall, North West London. Bridge will commence the construction of […] Posted by: Nathan Spencer Read more
136-acre Skegness Gateway urban extension revealed May 19, 2021 Plans to transform Skegness with the development of a sustainable urban extension to the west of the town have today (19 May) been revealed. The proposals for Skegness Gateway, to be the subject of a Local Development Order (LDO) with East Lindsey District Council later this year, outline a scheme that will provide hundreds of […] Posted by: Nathan Spencer Read more
Peabody purchases site from Europa Capital and St Congar Land for residential-led project May 19, 2021 Following four years of extensive remediation, Europa Capital, the pan-European real estate investment manager, and its joint venture partner St Congar Land, announces that it has completed the sale of Dagenham Dock, the site of the former Ford Stamping Works, to Peabody housing association. Peabody is working closely with Barking and Dagenham Council, BeFirst and […] Posted by: Nathan Spencer Read more
Stoke-on-Trent chose for Home Office’s new case centre creating 500 jobs May 19, 2021 Home Secretary Priti Patel has revealed plans to create more than 500 government jobs in Stoke-on-Trent over the next five years, whilst plans are also in place to move senior Civil Service roles to the area. The Home Office is set to open an Immigration Caseworking Innovation Centre in the city, which will see the […] Posted by: Nathan Spencer Read more
LondonMetric announces the £44m acquisition and leaseback of urban logistics site May 19, 2021 LondonMetric Property Plc announces the acquisition of a well located urban logistics warehouse in Waltham Cross for £43.8 million through a sale and lease back transaction. The 115,000 sq ft warehouse is let to Reynolds, a national foodservice business, on a new 23 year lease with the benefit of CPI+1 linked rent reviews of between […] Posted by: Nathan Spencer Read more
Pioneering Embassy Village plans submitted as regeneration firms join forces May 18, 2021 A pioneering initiative to create a new community and help the city’s homeless and vulnerable men get back on their feet has taken a big step forward with plans submitted to Manchester City Council. Manchester-based charity, Embassy, has joined forces with regeneration business Peel L&P and CAPITAL&CENTRIC as well as a pro bono team across […] Posted by: Nathan Spencer Read more
Warehouse REIT increases exposure to the OxCam Arc with £20m acquisition May 18, 2021 Estate includes development land with planning permission for c. 73,000 sq ft of high-quality industrial space in critically undersupplied region Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, has completed the acquisition of Cambridge South Industrial Estate, comprising 68,000 sq ft of newly built multi-let […] Posted by: Nathan Spencer Read more
Tech-firm HCL expands UK investment with creation of 1,000 jobs May 18, 2021 HCL Technologies has announced plans to expand across the UK – hiring an addition 1,000 members of staff to support their growth. The jobs will primarily be in the fields of digital transformation, cloud and AI for its London and Manchester offices. The company currently employs around 3,500 people across its UK operations. CEO C […] Posted by: Nathan Spencer Read more
Panattoni secures 31-acre M1 site due to ‘strong demand’ in UK marketplace May 18, 2021 Panattoni, the largest developer in Europe, has announced it has secured the purchase of a key 31-acre site at J28 of the M1. Panattoni Park J28 Central M1 is the latest addition to the developer’s portfolio, having recently announced its commitment to over three million sq ft of speculative builds in the UK this year. […] Posted by: Nathan Spencer Read more
