£1.6bn modular rental homes plan announced by Apache Capital May 11, 2021 Design and image courtesy of Jo Cowen Architects Investment group Apache Capital has confirmed plans to to design, build and operate 3,000 family homes for rent across the UK. Housing will be delivered using Modern Methods of Construction via a company specially set-up by Apache called Present Made. The first three sites in the company’s […] Posted by: Nathan Spencer Read more
Clowes Developments agree £100m logistics deal with NFU Mutual May 10, 2021 Clowes Developments Directors, James Richards and Paul Shanley have exchanged contracts on the groups’ largest deal to date. They have agreed a transaction to develop six logistics facilities throughout the UK with a landmark deal worth in the region of £100 million with UK insurance giant NFU Mutual. The deal will deliver six new Grade […] Posted by: Nathan Spencer Read more
Delancey boosts Capital Markets team with senior appointment May 10, 2021 UK-focused property investment, development and asset management advisory company Delancey, has today announced the appointment of Kate Drew as Director of Capital Markets. Reporting directly to Delancey’s Head of Capital Markets, Lorna Brown, Kate will be responsible for underwriting, sourcing, and executing debt strategies to support a range of Delancey’s clients and mandates. This will include both […] Posted by: Nathan Spencer Read more
Bridge Industrial and PSP Investments form £1bn JV for the UK’s logistics sector May 8, 2021 Bridge Industrial and the Public Sector Pension Investment Board (PSP Investments) has announced the establishment of a JV to acquire and develop logistics properties in the UK – with a targeted portfolio value of £1bn. The venture has a build-to-core focus, including the acquisition and development of last-mile logistics assets within high-barrier infill submarkets in […] Posted by: Nathan Spencer Read more
South East sets out plan to drive economic recovery as the UK’s Global Gateway May 8, 2021 The South East Local Enterprise Partnership (SELEP) has outlined its plan to drive the South East into new economic growth as the country recovers from the COVID-19 pandemic and establishes new ways of working internationally following the EU Transition. This will be characterised by four main priorities that have been identified as the unique driving […] Posted by: Nathan Spencer Read more
HBD expands investment portfolio with acquisition of industrial scheme May 7, 2021 HBD (formerly Henry Boot Developments) has acquired City Court, a 26, 945 sq. ft. industrial scheme in Manchester’s Ancoats neighbourhood – the developer’s third acquisition this month as it targets an investment portfolio of £150million. The developer acquired the Poland Street scheme from Urban Splash and Pears Group for £5.8 million. Comprising 13 units, it […] Posted by: Nathan Spencer Read more
Barratt Developments increase full year completion expectations May 6, 2021 Underlying market strength and strong customer demand has resulted in a positive start to the calendar year for Barratt Developments. Issuing a trading update in respect of the period from 1 January 2021 to 2 May 2021, the housebuilder said its net private reservation rate was strong at 0.83 (2020: 0.52; 2019: 0.79) per active outlet per […] Posted by: Nathan Spencer Read more
Glasgow city centre development framework approved May 6, 2021 The Scottish government has approved a framework that will guide development of Glasgow city centre over the next three decades. The government’s approval of Glasgow City Council’s Strategic Development Framework (SDF) means that the plan can now be adopted. The SDF has six key ambitions: reinforce the city centre’s economic competitiveness; re-populate the city centre […] Posted by: Nathan Spencer Read more
Procure Plus announces £1.3bn low carbon housing framework May 6, 2021 Manchester social housing framework specialist Procure Plus has unveiled plans to establish a panel of firms to supply and install low and zero carbon technologies. Suppliers and contractors appointed to the £1.3bn framework agreement will be required to work collaboratively to increase energy efficiency within buildings across both social housing and the wider public sector. […] Posted by: Nathan Spencer Read more
Pitalia Real Estate makes first splash with acquisition of a former aircraft factory May 6, 2021 An investment vehicle launched by former JLL chairman has acquired a 35,000 sq ft former aircraft factory in Manchester for £9.3m. Pitalia Real Estate, the development and investment vehicle launched in March, has completed its first deal following the acquisition of Aeroworks in Manchester. The former aircraft factory, re-designed by Stephenson Studio architects, is home […] Posted by: Nathan Spencer Read more
