Bradford Company Buys 44, 000 Sq Ft Warehouse Jun 18, 2024 Regal Food Products Group, a prominent Bradford-based food manufacturer, has acquired a 45,000 sq ft warehouse, formerly FSD works, in Bradford for an undisclosed sum. This acquisition marks an expansion for the company, which currently operates from six sites and employs over 300 people in the area. Younis Chaudhry, CEO of Regal Foods, expressed his […] Posted by: Mya Driver Read more
Green light for Central Quay development in Glasgow Jun 18, 2024 Regeneration specialist, Summix Capital, has been given the green light to deliver a low-carbon mixed-use development at Central Quay in Glasgow by councillors on the Planning Applications Committee. The granting of planning permission, subject to conditions, for this major urban renewal project, continues the regeneration of the Clyde riverside. Adjacent to the existing high-quality office building […] Posted by: Mya Driver Read more
Hertfordshire Manor House Refinanced With £6.8m Residential Property Investment Loan Jun 17, 2024 A 17th century manor house in Hertfordshire has been refinanced following a £6.8m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance. Clare Hall Manor, a Grade II-listed property built in 1725 but recently redeveloped by Manor Co Living Limited, is adjoined by a new build comprising 40 luxury studios and a […] Posted by: Mya Driver Read more
£800m South West Wales Construction Tenders Up for Grabs Jun 17, 2024 Firms are invited to apply for spots on the South West Wales regional contractors framework, focusing on public sector building and housing projects. The new framework generation introduces specific lots for housing alongside value-based lots for building projects across the region. Carmarthenshire County Council, in collaboration with Neath Port Talbot County Borough Council, Pembrokeshire County […] Posted by: Mya Driver Read more
Zenzic Capital delivers over £17 million of development finance to UK SME housebuilders Jun 17, 2024 Zenzic Capital (“Zenzic”), the real estate credit investment manager, has completed over £17 million of development finance to fund the construction of 43 residential open market properties across five separate UK schemes. The five projects, which are well spread across the UK, are all with different SME housebuilders, and have a total GDV of over […] Posted by: Mya Driver Read more
Saudi and French Groups to Acquire 38% Stake in Heathrow Jun 17, 2024 Saudi Arabia’s sovereign wealth fund and a French private equity group are set to acquire a 38% stake in Heathrow, London’s busiest airport, according to an announcement made last Friday. FGP Topco Limited, the consortium owning Heathrow, is led by Spanish infrastructure giant Ferrovial, which currently holds a 25% stake in the airport. In November, […] Posted by: Mya Driver Read more
UKREiiF advisory group member Jen Hartley receives MBE in honours list Jun 17, 2024 Jen Hartley, Director of Invest Newcastle at NewcastleGateshead Initiative (NGI), has been recognised in the King’s Birthday Honours List 2024 with an MBE. She has been awarded by His Majesty the King for the honour of Member of the Order for the British Empire for services to Business and Trade. For more than 15 years, […] Posted by: Mya Driver Read more
Planning application submitted for major east London estate regeneration Jun 17, 2024 A planning application has been submitted for the regeneration of the Teviot Estate in Poplar, East London. The £800 million redevelopment by The Hill Group and Poplar HARCA will provide around 1,900 new homes with 35% affordable, over four phases. This will be complemented by new open green and play spaces, shops, community and faith […] Posted by: Mya Driver Read more
S. Notaro signs Welcome Break for new 93-acre industrial/warehouse scheme in Somerset Jun 17, 2024 S. Notaro, together with leading commercial property developer, Stoford, have announced the first occupier at a new 93-acre industrial/warehouse scheme near Bridgwater, Somerset. Welcome Break has agreed terms to acquire a 10-acre plot at Notaro Park for the development of a new service station adjacent to Jct 24 of the M5. Stoford is the lead […] Posted by: Mya Driver Read more
Firethorn Trust adds landmark London site to Living portfolio Jun 17, 2024 Real estate investor, developer and asset manager, Firethorn Trust, has purchased One Bessborough Gardens, SW1, in an off-market deal. Situated in the City of Westminster, London, the 70,000 sq. ft. asset has been acquired from Charles Street Building Group for an undisclosed sum. A prominent four-storey office building overlooking the Gardens and the Thames, One […] Posted by: Mya Driver Read more
