Leeds Bradford Airport Depot Acquired for £25m by Leopard Capital Jun 4, 2024 A large industrial and distribution estate adjacent to Leeds Bradford Airport, which played a crucial role in bolstering Britain’s military air strength during World War II, has been purchased by Leopard Capital for £25 million. This transaction represents one of the largest property investments in North England this year. The estate, known as Leeds Bradford […] Posted by: Mya Driver Read more
Springfield and Barratt to Develop 3,000-Home Village Near Stirling Jun 4, 2024 Springfield and Barratt have agreed to jointly develop a new village comprising 3,000 homes on the outskirts of Stirling. Springfield, Scotland’s only listed housebuilder, has driven the Durieshill project through design and planning stages and will now partner with Barratt, the UK’s largest housebuilder, to bring the development to life. The Durieshill village, spanning nearly […] Posted by: Mya Driver Read more
OakNorth and ASK Partners Fund £19.5m Hotel Redevelopment in Paddington Jun 3, 2024 OakNorth and ASK Partners have jointly provided a £19.5m loan to Capilon Hotels Group for the redevelopment of a vacant hotel in Paddington. Capilon, known for its expertise in property investment, development, and management, will use the funds to transform a nine-storey, Grade II listed building on Westbourne Terrace into an 80-room boutique hotel. This […] Posted by: Mya Driver Read more
Citra Living Partners with Utopi to Enhance Green Housing Portfolio Jun 3, 2024 Lloyds Banking Group’s Citra Living has entered into an agreement with ESG technology specialist Utopi to integrate advanced data and technology solutions into its housing schemes across the UK. The partnership will initially cover 92 homes in four locations by summer 2024. This initiative highlights Citra’s dedication to leading the industry in sustainable living. Utopi’s […] Posted by: Mya Driver Read more
UK-Based Amber Infrastructure to Merge with Boyd Watterson Creating Major Global Investment Platform Jun 3, 2024 Amber Infrastructure Group, based in London, is set to merge with US-based Boyd Watterson Asset Management, forming a global diversified real estate, infrastructure, and fixed income asset management platform. The combined entity will manage approximately £29.1 billion in assets, employing over 300 investment personnel across offices in eight US cities and twelve countries. Amber Infrastructure, […] Posted by: Mya Driver Read more
Bradford Council to Sell Landmark City Centre Offices Jun 3, 2024 Bradford Council has announced its intention to close and eventually sell Margaret McMillan Tower, located in the city centre. This move is part of a broader plan to consolidate its properties in the city, aiming to save £1.1 million annually. Margaret McMillan Tower is situated near the former Jacob’s Well roundabout, within the council’s Transforming […] Posted by: Mya Driver Read more
Blackstone Enters £850m Auction for Village Hotels Jun 3, 2024 Blackstone, the prominent private equity investor in real estate, has entered the £850 million auction to acquire Village Hotels, a mid-market hotel chain. Blackstone, which holds property assets in Britain worth billions of pounds, has made an offer to purchase Village Hotels. City sources reported on Wednesday that Sixth Street, another US-based investment firm, is […] Posted by: Mya Driver Read more
Leonardo Hotels Acquires Manchester’s Hotel Gotham May 31, 2024 Leonardo Hotels UK and Ireland has purchased the five-star Hotel Gotham in Manchester, launched by Bespoke Hotels in 2015, for an undisclosed sum. The hotel will join the Leonardo Limited Edition collection, which includes The Dilly Hotel in London’s Piccadilly, The Grand in Brighton, and the Midland Hotel in Manchester. The acquisition may lead to […] Posted by: Mya Driver Read more
MS Lending Group Completes Multi-£Million Bridging Loan for Property Portfolio Expansion May 31, 2024 MS Lending Group has successfully finalised a bridging loan across eight properties within just eight working days. The loan allowed the client to refinance their current facility and release additional capital to acquire multiple properties. The borrower utilised MS Lending Group to raise funds on an existing portfolio, enabling them to repay a first charge […] Posted by: Mya Driver Read more
Plans submitted for new office at Talbot Gateway May 31, 2024 Plans have been submitted for a new £45m office development in Blackpool’s Talbot Gateway. Full planning permission is being sought for a 52,950 sq ft office building off Talbot Road, which would bring over 1,000 additional employees into Blackpool town centre. The land, on the site of the former Apollo 2000 store, sits within the […] Posted by: Mya Driver Read more
