One Founders Place Seeks Pre-Let Partner for £137m Development in Stephenson Quarter Sep 5, 2024 A 100,000 sq. ft landmark office development in Newcastle upon Tyne’s heritage-rich Stephenson Quarter has been renamed to One Founders Place, aiming to reflect its gateway position in the area’s £137m regeneration. The development team is now seeking a pre-let partner that aligns with the project’s values and ambitions to create a planet-positive office space […] Posted by: Mya Driver Read more
Fiddlers Ferry Redevelopment Plan Set for Council Approval Sep 5, 2024 Peel NRE’s proposal for the future of the 800-acre site at the former Fiddlers Ferry power station is due for approval by Warrington Council’s cabinet next week. The Fiddlers Ferry Development Framework outlines a spatial masterplan, phases of delivery, and guiding principles for the project. Peel NRE, the site owner, aims to create a primary […] Posted by: Mya Driver Read more
British Land continues to grow its leading retail park portfolio with £240m of acquisitions Sep 5, 2024 British Land has acquired £240m of high quality retail parks, reflecting a blended net equivalent yield of 7.4%. These acquisitions are in line with its plan to reinvest the £360m from the sale of Meadowhall Shopping Centre into growing its retail park portfolio. These acquisitions will increase FY26 earnings per share by 0.7p, fully offsetting […] Posted by: Mya Driver Read more
UKREiiF announces session partners for 2025 event Sep 5, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has unveiled its initial line-up of session partners for the annual event, taking place in Leeds from 20-22 May 2025. The 2025 forum is set to feature over 60 stages, bringing together more than 1,250 expert speakers. The event will delve into a broad range of […] Posted by: Mya Driver Read more
MEDLOG Expands UK Logistics Footprint with Strategic Property Acquisition Sep 4, 2024 MEDLOG, the logistics arm of MSC Mediterranean Shipping Company, has expanded its presence in the UK by acquiring Maritime Group Limited, a leading freight logistics company. This acquisition strengthens MEDLOG’s overland transportation network and includes a range of strategic properties that support its logistics operations across the UK. Maritime Group operates from 41 sites, including […] Posted by: Mya Driver Read more
Plymouth City Council Plans 500 New Homes in Plympton Sep 4, 2024 Plymouth City Council is moving forward with plans to develop 500 modern, energy-efficient homes on land off Stoggy Lane in Plympton, with 150 of these set aside as affordable housing. The project aims to address the growing demand for housing in the city, contributing to the national effort to alleviate the housing crisis. The proposed […] Posted by: Mya Driver Read more
Manchester City Council Set to Approve 1,000 home Regeneration Sep 4, 2024 Manchester City Council is preparing to approve a major regeneration plan for the Grey Mare Lane estate in East Manchester, which could see around 1,000 new homes delivered. The strategy, designed by BDP, is expected to guide the future redevelopment of the 57-acre site, located near the Etihad Stadium in Beswick. The plan, which has […] Posted by: Mya Driver Read more
Starwood and Segro Strike Property Deals as Commercial Sector Sees Increased Activity Sep 4, 2024 Private equity group Starwood has agreed to acquire a major UK real estate portfolio for £673.5 million, while listed warehouse landlord Segro is set to purchase Tritax EuroBox in a £553 million all-share deal. These transactions signal a resurgence in the commercial property market after a two-year downturn, particularly in the logistics sector. Starwood’s acquisition […] Posted by: Mya Driver Read more
Balanced Commercial Property Trust Agrees to £673.5m Takeover by Starwood Sep 4, 2024 Shares in the Balanced Commercial Property Trust (BCPT) surged over 10% today after the trust accepted an all-cash offer from real estate firm Starwood Capital. The deal values the FTSE 250-listed trust at approximately £673.5 million. According to the terms of the agreement, BCPT shareholders will receive 96p per share, which reflects a 21.5% premium […] Posted by: Mya Driver Read more
Western Gateway returns to the UK’s largest investment conference in 2025 Sep 4, 2024 The Western Gateway partnership has announced that it will be returning to the UK’s Real Estate, Infrastructure and Investment Forum (UKREiiF) in 2025 with its own dedicated pavilion to showcase the best of what the area has to offer. Bringing together local authorities and businesses from across South Wales and Western England, the Western Gateway […] Posted by: Mya Driver Read more
