Hines & Clowes deliver 25,000 sq m of prime logistics space Jun 19, 2023 Hines, a global real estate investment, development, and property manager, in a joint venture with a leading global investment manager, have successfully delivered three modern, leading-edge industrial units at Fairham Business Park in Nottingham, spanning a total of 25,000 square meters (268,814 square feet), ranging in size from 6,114 to 9,455 square metres (65,810 to […] Posted by: Mya Driver Read more
Rolls-Royce Submarines to expand site in Derby Jun 14, 2023 Rolls-Royce today announced it plans to almost double the size of its Raynesway site, creating hundreds of new jobs in Derby. Funded by the MoD, the site development is required to meet the growth in demand from the Royal Navy and as a result of the recent AUKUS announcement. In March 2023 it was confirmed […] Posted by: Mya Driver Read more
Lincolnshire Co-op and Wykeland Group announce Waterside Shopping Centre acquisition Jun 2, 2023 Lincolnshire Co-op and Wykeland Group are delighted to announce the acquisition of Waterside Shopping Centre in Lincoln. The two organisations have come together in a 50/50 partnership to secure the prime retail and leisure destination in the heart of Lincoln city centre. The 130,000 sq ft Waterside scheme is 95% let with an impressive line-up of leading retailers including H&M, […] Posted by: Mya Driver Read more
United Trust Bank provides funding for £24m Build to Rent scheme by Oblix Living May 30, 2023 United Trust Bank (UTB) is providing £15.3m of funding to growing Build to Rent developer Oblix Living to complete their conversion of Saxon House in central Leicester. Founded in 2020 by Rishi Passi and Anthony James, Oblix Living is a specialist developer, investor and operator of residential rental assets in strategically selected locations across the UK. It develops […] Posted by: Mya Driver Read more
First logistics sites purchased through exciting new partnership May 30, 2023 A leading Midlands property and development company has expanded its portfolio after agreeing terms to acquire two logistics sites in the region. Warwickshire-based The Wigley Group has agreed to purchase Bermuda Park on Buckingham Close, Nuneaton, and a city centre trading estate on Craven Street, Leicester, at a total price of £7.95 million. The two fully-let sites offer a combined 13 units, with nine units providing 53,256 sq ft of […] Posted by: Mya Driver Read more
JR Capital and Chancerygate £150m urban logistics fund acquires 55,780 sq ft Northampton portfolio Apr 24, 2023 A portfolio of seven fully-let units totalling 55,780 sq ft on Crow Lane Industrial Park in Northampton has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund has acquired the industrial estate from asset management company Columbia Threadneedle Investments. All values […] Posted by: Mya Driver Read more
Green light for 210 new homes in Shepshed Apr 6, 2023 Approval has been granted by Charnwood Borough Council for the creation of 210 new homes in the Leicestershire town of Shepshed. The development – known as Jubilee Rise – will be delivered by Persimmon Homes North Midlands. Bringing a mix of new homes to the area, the community will help to meet local housing […] Posted by: Mya Driver Read more
St. Modwen Logistics announces £59m second phase of St. Modwen Park Derby Apr 4, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has invested almost £60m to develop an additional c. 350,000 sq ft of new warehouse space at St. Modwen Park Derby. Due for completion in 2024, this next phase will see St Modwen Logistics and Winvic Construction Ltd […] Posted by: Mya Driver Read more
Hortons swoops for Sinfin Commercial Park Mar 29, 2023 Hortons has expanded its industrial portfolio with the multi-million pound acquisition of a city centre commercial park in the East Midlands. Sinfin Commercial Park is a prominent, multi-let industrial and logistics estate approximately two miles south of Derby city centre and near the Rolls-Royce Sinfin campus. The 26-acre site consists of 21 fully occupied warehouse […] Posted by: Mya Driver Read more
Clarion Partners Europe re-enters UK warehouse market with £52 million double acquisition Mar 23, 2023 Clarion Partners Europe (Clarion), the real estate investment fund manager specialising in logistics and industrial assets, has acquired two modern, institutional quality distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million, from Equities Property Fund. The investments represent the first by Clarion Partners Europe in the UK since 2016, a market where […] Posted by: Mya Driver Read more
