Custodian Property Income REIT sells industrial unit at 9.5% premium to valuation Jan 22, 2024 Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Milton Keynes for £8.0m, representing a 9.5% or £0.7m premium to the 30 September 2023 valuation. Commenting […] Posted by: Mya Driver Read more
The Hill Group acquires 71 acres to deliver landmark development in South-East Buckinghamshire Jan 16, 2024 Award-winning housebuilder The Hill Group has today announced the acquisition of 71 acres of land with outline planning for a significant new settlement in Little Chalfont, south-east Buckinghamshire. The acquisition of the former golf club site and neighbouring property was facilitated by the acquisition of two local landowner companies, Biddulph (Buckinghamshire) Ltd. and Homestead (REL) […] Posted by: Mya Driver Read more
Tri7 Secures Portswood Centre in Southampton for £10m Jan 10, 2024 Tri7 has successfully purchased the Portswood Centre in Southampton. The deal, valued at £10 million, transfers ownership from the previous holder, Portswood Centre Ltd, to Tri7. The Portswood Centre, a prominent retail and food and beverage hub, spans an impressive 28,315 square feet. This bustling complex is fully tenanted, boasting key occupants like Iceland and […] Posted by: Mya Driver Read more
Packaged Living & Aviva Investors to fund creation of 174 family homes in Bordon, Hampshire Jan 9, 2024 Packaged Living, the UK’s leading sustainable living specialist, and Aviva Investors, the global asset management business of Aviva plc, announce they have completed a deal to forward-fund the creation of 174 new homes in Bordon, Hampshire with a GDV of c.£60m. It is the sixth investment made by the two firms since launching their single-family […] Posted by: Mya Driver Read more
Untold Living Unveils Plans for Eastbourne Seafront Retirement Community Jan 5, 2024 Untold Living, a developer-operator specialising in later living, has announced plans for a new integrated retirement community (IRC) in Eastbourne. The scheme, involving the construction of 139 homes, is set to be developed at Sovereign Harbour, a prime seafront location. The project, backed by Matter Real Estate, follows the recent acquisition of a 2.5-acre site […] Posted by: Mya Driver Read more
Malaysian Firm Acquires Former Shredded Wheat Site in Hertfordshire for Development Jan 5, 2024 IJM Land, a UK subsidiary of Malaysia’s IJM Land, has recently purchased the historic site previously occupied by cereal giant Shredded Wheat in Welwyn Garden City, Hertfordshire. The deal, overseen by appointed receiver CBRE, paves the way for a major mixed-use development on the 11-acre site. The site, known for its long-standing association with Shredded […] Posted by: Mya Driver Read more
Network Rail Boosts Environmental Credentials with Biodiversity Units Purchase for Cambridge Station Jan 3, 2024 Network Rail has bolstered its environmental strategy with the acquisition of 65 biodiversity units from Cambridgeshire County Council. The move is part of the company’s efforts to offset the environmental impact of the new Cambridge South railway station and is in line with upcoming regulations mandating biodiversity net gains for new developments. The new railway […] Posted by: Mya Driver Read more
Unlocking the Potential of Hertfordshire: An Exclusive Interview with Melanie Miller, Inward Investment Manager Dec 20, 2023 In our Hidden Gems series, we’re focusing on regions with lesser-known yet spectacular investment opportunities. Today, we’re featuring Hertfordshire, where we discuss with Melanie Miller, Inward Investment Manager, the unique aspects that should make this county a hot destination for investors and developers. UKREiiF: Melanie, Hertfordshire is recognised for its economic contribution. Could you shed […] Posted by: Mya Driver Read more
Aviva Investors completes third industrial investment at Centennial Park, Elstree Dec 19, 2023 Aviva Investors, the global asset management business of Aviva plc, has announced it has acquired Phase 300, a more-than 111,000 sq ft multi-unit industrial asset located at Centennial Park in Elstree, Hertfordshire. It is the third investment Aviva Investors has made at the Park, building on its previous acquisitions of the adjacent Phase 100 and […] Posted by: Mya Driver Read more
Pigeon acquires Twinwoods business park in Bedfordshire Dec 13, 2023 Pigeon is pleased to announce the acquisition of Twinwoods Business Park, near Bedford. Extending to over 165 acres, the park is let to over 20 tenants including the Secretary of State, Red Bull Racing, and numerous industrial and engineering businesses. There is also vacant land that has longer-term potential. We intend to add value by bringing […] Posted by: Mya Driver Read more
