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
Essential Advice and Tips for Property Investors (And Successful Deals at UKREiiF!) Sep 4, 2024 By Mital Patel, Chief Acquisitions and Operations Officer LRC Group, Institutional Real Estate Investment and Fund Management As the Chief Acquisitions and Operations Officer at one of the leading institutional real estate investment and fund management firms, I’ve had the privilege of navigating the ever-evolving landscape of property investment in the UK. This year, I […] Posted by: Mya Driver Read more
350 Home Cockfosters Tube Station Housing Development Approved by Government Sep 3, 2024 The government has granted approval for a new housing development at Cockfosters Tube station in north London, paving the way for the construction of 350 new homes. The development, which will consist of four residential blocks, will be built on the site of the station’s former car park. Transport for London (TfL) had initially sought […] Posted by: Mya Driver Read more
Liverpool Seeks Development Partner Sep 3, 2024 Liverpool City Council is in search of a development partner to transform the 28-acre Festival Gardens site, with the goal of awarding the contract by October 2025. The brownfield site, located just ten minutes from Liverpool city centre, is a key component of the city’s broader housing strategy. The site, which has been earmarked for […] Posted by: Mya Driver Read more
Newlands Property Group Acquires Equites Property Fund’s UK Interests, Boosting Logistics Portfolio Sep 3, 2024 Newlands Property Group Limited (NPGL) has finalised the acquisition of Equites Property Fund’s interests in the Equites Newlands Group Limited development platform. This acquisition includes Special Purpose Vehicles (SPVs) associated with logistics projects in Cambridge, Rushden, Northampton, and additional sites in Egham, Peterborough, and Goldthorpe, subject to certain conditions. The joint control of projects near […] Posted by: Mya Driver Read more
KKR and Mirastar Acquire Northern Logistics Portfolio Sep 3, 2024 KKR and Mirastar have acquired five logistics units across Sheffield, Salford, Crewe, and Liverpool, totalling 890,000 sq ft. The largest unit, a 346,000 sq ft facility in Sheffield, is leased to Advanced Supply Chain Group. The assets were developed by PLP UK Logistics Venture 1, backed by investors like Ivanhoé Cambridge and The Peel Group. […] Posted by: Mya Driver Read more
Newcore Capital Acquires UK’s Largest Electric Vehicle Hub Sep 3, 2024 Newcore Capital has secured the long leasehold interest in the Welcome Break service area at South Mimms, Hertfordshire, which is recognised as the largest electric vehicle hub in the UK. The site will remain let to Welcome Break until 2036. This acquisition underscores Newcore Capital’s ongoing focus on social infrastructure investments across the UK. This […] Posted by: Mya Driver Read more
Leaders Romans Group announce UKREiiF 2025 pavilion Sep 3, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that Leaders Romans Group (LRG) have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. LRG is one of the UK’s largest property services groups, having grown both organically and through strategic acquisitions. Backed by leading private equity […] Posted by: Mya Driver Read more