Oxenwood secures £63m development loan from Blackstone May 24, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has secured a £63 million debt facility from Blackstone Real Estate Debt Strategies to fund two UK logistics developments.The three-year development loan has been secured on behalf of Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood. The largest of the […] Posted by: Leon Newton Read more
Sanders Senior Living places new care home in Leicestershire May 23, 2022 Knight Frank, the leading global property adviser, has advised Sanders Senior Living on the acquisition strategy for a new care home development in Melton Mowbray, Leicestershire.Sanders Senior Living has completed the transaction for the development of a new, future-proofed care home facility in Melton Mowbray, Leicestershire which will comprise 60 bedrooms on a one acre […] Posted by: Leon Newton Read more
Ben Bradley MP joins panel to promote Nottingham’s once in a lifetime development opportunity Apr 29, 2022 Councillor Ben Bradley, Leader of Nottinghamshire County Council and MP for Mansfield joins Invest in Nottingham’s panel at The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF). UKREiiF is set to bring together thousands of delegates comprising of investors, funders and developers who are all looking for new opportunities across the UK. Invest in Nottingham […] Posted by: Mya Driver Read more
LondonMetric acquires two urban logistic assets for £29m Apr 27, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of two urban logistics properties for £28.8 million, in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%. The properties are expected to generate a rent of £1.4 million p.a. and comprise: a 125,000 sq ft urban logistics forward fund development at […] Posted by: Mya Driver Read more
Octopus Real Estate completes £9m loan on historic Grade II Listed property Apr 7, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has provided a £9m loan on the redevelopment of a Grade II Listed building in Northampton town centre. The development loan – which has a 24-month term – will finance the creation of 89 new homes; 17 studio […] Posted by: Mya Driver Read more
Three major housing associations with 60,000 homes announce potential merger Apr 6, 2022 BPHA, Futures Housing Group (FHG) and Flagship Group have begun discussions to create the new landlord which would operate across the East and Central England and become the largest provider in that area. The organisations have said the talks are exploratory so far and would be subject to each housing association’s board. The landlords have […] Posted by: Mya Driver Read more
Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] Posted by: Mya Driver Read more
Clearbell announces £59m of acquisitions Feb 21, 2022 Logistics portfolio in the East Midlands acquired for £29m; Milton Keynes retail park purchased for £16m from abrdn; St Alban’s office asset bought for £14m from Aviva. Clearbell UK Strategic Trust (CST), a fund advised by Clearbell Capital today announces the acquisition of three assets for £59m. The trust has acquired a mixed portfolio of […] Posted by: Mya Driver Read more
Cassidy Group bring forward latest PBSA project Feb 15, 2022 New plans have emerged from developer Cassidy for a new student accommodation scheme in the Lenton area of Nottingham. The development, designed by Maber, would sit close to the University of Nottingham’s Jubilee Campus at 2a Triumph Road. The site currently include a terrace of single storey retail units which front onto Triumph Road, occupied […] Posted by: Mya Driver Read more
IM Properties reveals 140-acre business park development plans Feb 15, 2022 A business park developer has revealed that it wants to build on a 140 acre greenfield site in the west Leicestershire. IM Properties wants to build on land north of the village of Groby, next to the junction of the A50 and A46. The same developer is currently building a 3 million sq ft global parts […] Posted by: Mya Driver Read more
