Present Made receives approval for £160m Cambridge scheme Aug 23, 2022 Present Made, the UK’s first purpose-built and designed single-family rental housing platform, has secured planning committee approval for its debut development. Located in Eddington, Cambridge, the £160m GDV scheme has been designed by award-winning practice Jo Cowen Architects and will form a key part of the University of Cambridge’s North West Cambridge masterplan. The homes […] Posted by: Mya Driver Read more
CBRE IM forward funds Godwin residential scheme Jul 12, 2022 UK property developer Godwin Developments has agreed a forward funding deal with CBRE UK Affordable Housing Fund (AHF) – a fund managed by CBRE Investment Management (CBRE IM) to deliver 184 affordable homes in central Bletchley, Milton Keynes. The four-acre scheme, named Bletchley View, will provide a mix of affordable and shared ownership properties, a […] Posted by: Mya Driver Read more
UBS and Reef JV to develop major life sciences campus Jul 4, 2022 UBS Asset Management’s Real Estate & Private Markets and Reef Group (Reef) today announces a joint venture as the investor and co-developer for a major campus for life science businesses in Stevenage, Hertfordshire. The new campus, which will be one of the largest of its kind in the UK and Europe, will be built alongside […] Posted by: Mya Driver Read more
Weston Homes unveil sustainability rollout across £2.13bn pipeline Jun 13, 2022 Weston Homes has unveiled details of the volume housebuilder’s major commitment to sustainability, with eco-friendly construction and specification features being rolled out currently, and over the next five years, across the group’s £2.13 billion portfolio (DGV) of residential and mixed use developments in London and the south east. This includes 20 current active sites and […] Posted by: Leon Newton Read more
Dunmoore sells Banbury trade park to Clipstone for £5.5m Jun 7, 2022 Dunmoore, the UK real estate investment and development company, has sold Marley Way Trade Park in Banbury in an off-market deal to Clipstone, a real estate fund management firm specialising in UK industrial property. The 20,000 sq ft estate was sold for £5.55 million, reflecting a net initial yield of 4.38%. The estate was acquired […] Posted by: Mya Driver Read more
GSK announcement imminent on UK Science Cluster development partner May 30, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Leon Newton Read more
Tritax Symmetry submits plans for new global R&D facility for Siemens Healthineers Apr 27, 2022 Tritax Symmetry and Siemens Healthineers, the market leaders in magnetic resonance imaging, have submitted a planning application to Cherwell District Council for a new cutting-edge, 56,000 sq m combined research, development and production facility in Oxfordshire which would provide superconducting magnets used in MRI systems. Socio-Economic Benefits: The proposals will result in substantial socio-economic benefits […] Posted by: Mya Driver Read more
Warehouse REIT acquires MLI asset in £62m deal Apr 21, 2022 Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire Bradwell Abbey Industrial Estate, for £62 million excluding acquisition costs. The purchase price reflects a net initial yield of c. 4% based on day one passing / guaranteed income […] Posted by: Mya Driver Read more
L&G and Oxford University set to deliver accommodation as part of £4bn partnership Apr 7, 2022 Legal & General and Oxford University are pleased to announce that they have agreed the development of Court Place Gardens, an estate containing new postgraduate homes specifically designed for families, as part of Legal & General and Oxford University’s £4bn partnership. The development of Court Place Gardens, in Iffley, Oxfordshire, is the first residential site […] Posted by: Mya Driver Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 23, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Mya Driver Read more
