UKREiiF News

£1bn Westferry Printworks Redevelopment Set for Approval in London

The £1bn redevelopment of the former Westferry Printworks site in Tower Hamlets, London, is expected to receive approval today after nearly a decade of planning. Tower Hamlets council officers have recommended conditional approval of the scheme, which will include 1,358 homes, a secondary school, and commercial space near Canary Wharf. The project, managed by developer […]

Posted by: Mya Driver

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750 New Homes to be Built on Former Greater Manchester Police Site in Stretford

A deal has been finalised for the development of around 750 new homes on the former Greater Manchester Police headquarters site in Stretford. The 9.5-acre site will be transformed through a joint venture between international property developer FEC (Far East Consortium), Trafford Council, and the Greater Manchester Combined Authority (GMCA). The redevelopment will include 25% […]

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Pandox Acquires Three London Extended Stay Hotels for £230 Million

Pandox, a prominent hotel property owner, has completed the acquisition of three extended stay hotels in central London for £230 million. The purchase includes 503 rooms spread across three Residence Inn by Marriott locations in Kensington, London Bridge, and Tower Bridge. The properties will continue to be operated by Axiom Hospitality under a management agreement. […]

Posted by: Mya Driver

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Schroders Greencoat acquires Nottinghamshire solar project from Lightsource bp

Schroders Greencoat, a specialist renewables manager under Schroders Capital, has completed the acquisition of a solar energy project in Nottinghamshire from Lightsource bp. The project, located at Tiln Farm near Retford, includes a 49.9MWac solar plant co-located with a 25MW/50MWh energy storage facility. The acquisition follows Lightsource bp’s finalisation of the project’s construction, with the […]

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Henry Boot secures planning consent for 75,000 sq ft of industrial & logistics at Southend Airport Business Park following completion of £15m unit

Henry Boot announces that HBD, the group’s property investment and development arm, has completed a £15m GDV industrial & logistics (‘I&L’) unit at Airport Business Park Southend (‘ABPS’), while also being granted planning permission to bring forward a further 75,000 sq ft. In April 2023, HBD agreed to develop a 140,000 sq ft freehold design […]

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ASC Finance Secures £2 Million Loan for St Austell Apartment Project

ASC Finance for Business has secured a £2 million development exit loan for Treverran Homes, enabling the continuation of a four-phase residential development in St Austell, Cornwall. Treverran Homes, led by director David Angilley, initially purchased a former bus depot in 2017, with planning permission to build 24 houses and six flats. After securing approval […]

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Prologis Acquires Major Logistics Estate in Park Royal

Prologis UK has secured the Prologis Park Western Avenue estate in Park Royal, west London, from DTZ Investors for approximately £125 million. This acquisition includes a substantial mixed-use site offering 288,523 sq ft of logistics, industrial, and retail space. The estate, situated on a 16.14-acre plot, is currently leased to 21 tenants. It also has […]

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St Helens Council Moves to Demolish School

St Helens Council is set to decide on an application to demolish the long-abandoned Penkford School in Newton-le-Willows. The school is situated at the corner of Wharf Road and Common Road, has deteriorated significantly since its closure. The demolition plan includes removing all buildings on the site, but the foundations, car parks, and service roads […]

Posted by: Mya Driver

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