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
Ediston in £1bn build deal to develop 11,000 homes in Scotland May 18, 2021 Business tycoon Lord Willie Haughey plans to spend more than £1bn on building 11,000 homes affordable homes in Scotland over the next nine years – and his Glasgow based company City Facilities Management Holdings has formed a partnership with property group Ediston to bring forward the plans. He said the plan would reduce rental costs […] Posted by: Nathan Spencer Read more
Progress on £25m Rushbond & Advent Developments Stonebridge Mills project May 17, 2021 Caddick Construction have started work on a key brownfield residential scheme to deliver 112 homes on the site of the former Stonebridge Mills in Farnley, Leeds, on behalf of developers Rushbond Plc and Advent Developments. The £25m project called Stonebridge Beck and located on Stonebridge Lane includes 82 contemporary style, new build, homes as well […] Posted by: Nathan Spencer Read more
Mixed-use developer, Montreaux, expands development team May 17, 2021 Successful mixed-use developer, Montreaux, recently expanded its team with the appointment of new Development Manager, John English. With a strong background from within the industry – including a degree in Land Management from Reading University, and ten years at Broadhaven Estates overseeing the Planning and Acquisition team – John will no doubt make a valuable […] Posted by: Nathan Spencer Read more
Crest Nicholson unveils new development in Godalming – Surrey May 17, 2021 Award-winning housebuilder, Crest Nicholson, has launched a collection of three and four bedroom houses and one and two bedroom apartments at its brand new development, Catteshall Court, in Surrey. Located in the picturesque market town of Godalming, on the banks of the River Wey, Catteshall Court is perfect for first time buyers and families looking […] Posted by: Nathan Spencer Read more
SEGRO publishes its green finance framework May 17, 2021 SEGRO has published its Green Finance Framework, building on the Responsible SEGRO strategy launched in February 2021. The Framework, which applies to SEGRO, its subsidiaries and joint ventures including SEGRO European Logistics Partnership, integrates financial strategy with the Responsible SEGRO commitments. The Responsible SEGRO strategy has three central commitments: Championing low-carbon growth Investing in our […] Posted by: Nathan Spencer Read more
