Quick-fire hat-trick of acquisitions for Network Space Mar 31, 2021 Network Space has completed the purchase of Newfield Industrial Estate near Stoke on Trent, a multi-let industrial investment totalling 125,000 sqft across nine acres. Newfield is occupied by 20 businesses. Tenants include global corporate Air Liquide, together with a number of successful local businesses. This acquisition comes hot on the heels of acquisitions by Network […] Posted by: Mark Flanagan Read more
Town centre regeneration made easier as relaxation of planning rules kicks in Mar 31, 2021 New rules allowing commercial premises to be converted into homes come into force today (March 31) as part of a package of government measures aimed at revitalising England’s high streets and town centres. The new rules, announced by Housing Secretary Robert Jenrick, will help support the creation of residential accommodation while also giving developers the […] Posted by: Mark Flanagan Read more
Three steps forward for Sunderland’s massive Riverside project Mar 31, 2021 Three key elements of Sunderland Council’s flagship Riverside development were approved by planners this week. A £31m smart bridge, 132 new homes – the first of 1,000 planned for the area – and a 650-space multi-storey car park were all given the go ahead at a meeting on Monday. All are due for completion in […] Posted by: Mark Flanagan Read more
Battersea developers hope panoramic lift adventure will add to its pulling power Mar 30, 2021 The company behind the multi-billion-pound Battersea Power Station redevelopment has revealed plans for a unique Chimney Lift experience. Travelling 109 metres up the interior of the North West chimney, it is set to become one of the most unique viewing platforms in London, holding around 30 visitors and will be part of a wider visitor […] Posted by: Mark Flanagan Read more
Troubled Scottish golf complex development heading back to planners Mar 30, 2021 Plans to create a world-class golf resort at the ‘Home of Golf’ in Scotland have been resurrected. Investment consultants GPH Engineering has notified Fife Council they intend to resubmit a planning application to build a multi-million-pound leisure complex on the outskirts of St Andrews. A previous application, granted in 2017, was given to Canadian firm […] Posted by: Mark Flanagan Read more
£300m Whipps Cross Hospital transformation begins with huge demolition phase Mar 30, 2021 Demolition work is due to begin at Whipps Cross Hospital next month, paving the way for a £300m redevelopment of the East London-based Barts Health Trust institution. The Squibb Group have been appointed to clear disused buildings on the nurses’ site, the first phase of a massive rebuilding project which will see the hospital completely […] Posted by: Mark Flanagan Read more
Investors playing long game push Aviva through £1bn barrier Mar 30, 2021 Aviva Investors’ Real Estate Long Income team (RELI) secured a record £1bn of new capital commitments during 2020 according to figures released by the company today. The investments came from a mixture of local authority and institutional mandates, with investors increasingly seeking resilient income streams that can also offer cashflow matching characteristics. Of the £1bn, […] Posted by: Mark Flanagan Read more
Build UK’s easier-to-operate procurement pre-qualification system up and running Mar 30, 2021 A new industry-wide, pre-qualification system which will simplify the procurement process is now fully operational. Created by Build UK, with the support of CECA, the Common Assessment Standard (CAS) is designed reduce the duplication of time, effort and resources that are costing the sector up to £1bn a year. Major contractors and clients – including […] Posted by: Mark Flanagan Read more
Major new Derbyshire warehouse hub set for Midlands Main Line link-up Mar 29, 2021 The owners of a proposed rail-connected warehouse scheme in Derbyshire hope it will become a major distribution hub for the Midlands. New Stanton Park, situated just off junction 25 of M1, sits adjacent to the Midland Main Line and current plans have it capable of accommodating the largest of goods locomotive thanks to a 935-metre-long […] Posted by: Mark Flanagan Read more
Premcor and Peveril join forces to secure 18-acre slice of Sheffield Business Park Mar 29, 2021 A joint venture between UK property development companies Premcor and Peveril Securities has secured its first ever South Yorkshire site with plans for 300,000 sqft of industrial accommodation. The partnership has bought the 18-acre phase 4 site at Sheffield Business Park – one of the last remaining development opportunities on the 200-acre development – for […] Posted by: Mark Flanagan Read more
