Amazon to invest £8bn into UK data centres over 5-years Sep 11, 2024 Amazon and the UK Government has announced plans to invest £8bn into the UK data centres sector over the next five years. The Labour Party, who’ve called in previously rejected data centre applications since taking to office since the General Election, is focusing on the data centre sector to provide an economic boost, and it […] Posted by: Deividas Krupstas Read more
CBRE IM acquires shopping park in £58m deal Sep 11, 2024 CBRE has acquired Leamington Shopping Park in a deal valued at £57.55m. Purchased from abrdn’s UK Real Estate Fund, the park comprises of more than 159,000sq ft of space with numerous leading brands having space such as UKREiiF sponsors Marks and Spencer, Boots and Next. Daniel Serfontein, partner in Knight Frank’s retail team, which advised […] Posted by: Deividas Krupstas Read more
Richardson Barberry acquires logistics asset in Warwickshire Sep 11, 2024 Joint venture developer and investor Richardson Barberry has acquired the national returns centre of one of the UK’s largest parcel delivery companies, it was announced today. Richardson Barberry has agreed a multi-million-pound deal with Cheltenham-based investment and asset management company Formal Investments for the 113,000 sq ft distribution unit on a seven-acre site at Swift […] Posted by: Deividas Krupstas Read more
BC Partners Real Estate and Simten London mixed-use scheme takes step forward Sep 11, 2024 The High Court has dismissed the Judicial Review (JR) brought against Camden Council’s decision to grant planning permission for the redevelopment of One Museum Street in central London for the second time. The ruling, delivered by the Honourable Mrs Justice Lang DBE and confirming a previous High Court judgement handed down in July, reaffirms that […] Posted by: Deividas Krupstas Read more
City of London approval secured for 174-unit Co-Living scheme Sep 11, 2024 The City of London Corporation’s Planning Applications Sub-Committee has, today, approved a new ‘Co-Living’ development at 45 Beech Street. Also known as Murray House, the proposals will see the building partially demolished and then extended to deliver 174 private rental co-living units, with a range of internal and external amenity spaces, including communal cooking, dining […] Posted by: Deividas Krupstas Read more
Paloma Capital and Graftongate acquire Bedford industrial site for £25m redevelopment Sep 10, 2024 Private equity real estate investor, Paloma Capital, with development partner Graftongate, has completed the acquisition of a 5.77-acre industrial site in Bedfordshire. The site is located on the multi-let Elm Farm Industrial Estate, Caxton Road, near Bedford town centre, adjacent to the A4280 dual carriageway. Paloma Capital and Graftongate will draw up plans to redevelop […] Posted by: Deividas Krupstas Read more
Admiral Taverns acquires 18 pubs from Marston’s PLC Sep 10, 2024 The Board of Admiral Taverns (“Admiral”), the UK’s leading community pub group owned by real estate private equity firm Proprium Capital Partners, is pleased to announce that it has reached an agreement to acquire a portfolio of 18 freehold pubs from Marston’s PLC (“Marston’s”). The portfolio of 18 high-quality wet-led establishments spans the UK, located […] Posted by: Deividas Krupstas Read more
LendInvest signs £1.5 billion funding agreement with JP Morgan Sep 10, 2024 LendInvest plc, the UK’s leading platform for mortgages, announces that it has extended its existing Separate Account with JP Morgan by an additional £500 million to £1.5 billion. This funding will be used to support the growth of LendInvest’s Mortgages proposition. As a result, LendInvest now has more than £4.55 billion of Funds under Management, […] Posted by: Deividas Krupstas Read more
Rider Levett Bucknall announces fourth year involvement at UKREiiF 2025 Sep 10, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that, for the fourth year running, Rider Levett Bucknall (RLB UK) will be integral to the event, hosting its own pavilion and promoting future skills in the industry. RLB is a leading global construction and property management consultant, with a dedicated team of 1,500 […] Posted by: Mya Driver Read more
Housebuilder Honey secures planning for 114 new homes Sep 10, 2024 Housebuilder Honey will build 114 new three-, four- and five-bedroom homes in Edwinstowe, Nottinghamshire, after being granted planning permission for a £42m development. Called Homes by honey at Thoresby Vale, the development is located off Ollerton Road and is part of the wider Thoresby Vale masterplan. Homes by honey at Thoresby Vale will comprise 12 […] Posted by: Deividas Krupstas Read more
