Griffen secures £110 million investment facility from Deutsche Bank for 1.9 million sq ft Golden Triangle logistics portfolio Aug 2, 2022 Griffen UK (“Griffen”), the UK-focused industrial and logistics investor, developer and asset manager, has agreed a £110 million investment loan from Deutsche Bank, secured against a 1.9 million sq ft, two-asset UK logistics portfolio. The five-year facility will support Griffen’s delivery of its business plan across the two fully let schemes, which occupy prime distribution […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
Avant Homes kickstarts £23m 70-home development Jul 12, 2022 Housebuilder Avant Homes has begun construction on a seven-acre site in Shipley, Derbyshire to deliver a 70-home ‘flagship development’ which will have a total value of £22.7m The site was acquired by Avant Homes in May this year and is being built as part of the wider Shipley Lakeside scheme. Situated on the former American […] Posted by: Mya Driver Read more
CEG submits plans for 412,000 sq ft employment development Jul 11, 2022 Commercial Estates Group (CEG) and property developer HBD have submitted a detailed planning application for circa 412,745 sq. ft. (38,345 sq. m.) of employment space on a 12ha site to the south-east of Penniment Farm, close to Mansfield. The site is allocated within the Mansfield District Council Local Plan for residential and employment use, with […] Posted by: Mya Driver Read more
Harworth sells land in £39m to Barratt and David Wilson Homes Jul 6, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces two residential land parcel sales at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of £39 million. At Waverley in South Yorkshire, Harworth has competed a £29 million land sale which […] Posted by: Mya Driver Read more
Rolls Royce shortlists six sites for nuclear reactor factory Jul 5, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Mya Driver Read more
ICG Real Estate Accelerate Asset Management Initiatives At Mercia Park To Capture Midlands Rental Growth Jun 20, 2022 ICG Real Estate, the real estate division of Intermediate Capital Group (ICG), has obtained vacant possession of Units 1 & 5 at Mercia Park in Appleby Magna. The five-unit scheme amasses 2,900,000 sq ft and was Europe’s largest ever single occupier build-to-suit transaction. ICG has control of the 215,000 sq ft and 315,000 sq ft […] Posted by: Mya Driver Read more
Aldermore provides loan for Southernwood Capital for residential scheme Jun 6, 2022 Aldermore has provided a £2.45m loan to Southernwood Capital to assist with the purchase of a block of apartments in Northampton, East Midlands. Southernwood is a boutique alternative investment fund manager which specialises in the build-to-rent sector. It was founded in 2014 by Irvine Robertson and has acquired a diverse portfolio of residential assets across […] Posted by: Mya Driver Read more
Clowes Developments and Bellway JV to deliver 800-homes Jun 6, 2022 Clowes and Bellway have joined forces with their combined land holdings in Chellaston to form Snelsmoor Grange. The planning application for the residential development was submitted jointly to Derby City Council and received approval in March 2022. The 800-home development will form part of Boulton Moor, a larger settlement on the outskirts of Chellaston. Following […] Posted by: Mya Driver Read more
East Midlands Development Company announced independent board May 31, 2022 A team of hugely experienced property and investment professionals will help advise on the progress of one of the biggest development opportunities in the UK. The East Midlands Development Company has recruited a team of private sector non-executive directors to work alongside its local authority partners, commercial advisors and core team as it seeks to […] Posted by: Leon Newton Read more
