Green light for Oxford North’s Red Hall expansion to provide greater amenity, meeting, co-working and workspace Mar 24, 2023 Plans to enhance and expand the Red Hall, which will be built at the heart of Oxford North, the new innovation district, which were submitted by Oxford North Ventures, the joint venture company of Thomas White Oxford, the development company of St John’s College, Cadillac Fairview and Stanhope, have been resolved to be approved by Oxford City Council at their planning committee […] Posted by: Mya Driver Read more
British Land makes further strategic progress in retail parks with over £120m of gross activity Mar 21, 2023 British Land is pleased to announce that since the half year results in November, it has completed on the acquisition of three high quality retail parks for a total of £94m and sold its 50% stake in a retail park in Preston for £30m. These deals are in line with our strategy to actively recycle […] Posted by: Mya Driver Read more
The UK Infrastructure Bank to invest £50m in first UK reservoir to be built since the 1980’s Mar 16, 2023 This is the Bank’s first deal aimed at improving climate resilience, investing alongside private sector partners in a collaboration between water companies to finance the Havant Thicket Reservoir, managed by Portsmouth Water. The reservoir, which is the first to be built in the UK since the 1980’s, will help to protect internationally-rare chalk rivers by […] Posted by: Mya Driver Read more
Henry Boot completes sale of 1,855 residential plot site Mar 9, 2023 Henry Boot PLC announces that its land promotion and planning business, Hallam Land Management (HLM), has completed on the sale of a 1,855-plot site in Milton Keynes to national housebuilder Taylor Wimpey UK Ltd. HLM had an Option Agreement in place jointly with William Davis Homes and Taylor Wimpey UK Ltd for the long-term promotion […] Posted by: Mya Driver Read more
Marshgate Group delivers largest speculative “mid box” logistics scheme in Essex at Horizon 120, Braintree Mar 8, 2023 Marshgate Group announces the practical completion of Hyperion, a new 160,000 sq ft “mid box” scheme forward funded by CBRE Investment Management, located in Braintree, Essex. The three detached units, ranging between 31,000 sq ft and 76,700 sq ft, have been constructed to a high specification and comply with sustainable environmental standards (EPC A and […] Posted by: Mya Driver Read more
Plans approved for 8,500 new homes across Harlow & Gilston Garden Town Mar 8, 2023 The largest planning application ever presented to East Herts District Council Plans for six new villages set to deliver 8,500 new homes in East Hertfordshire have been given the green light. The UK’s leading social enterprise, Places for People has secured resolution to grant planning permission for its proposals for Gilston Park Estate, in the […] Posted by: Mya Driver Read more
UKCM secures significant new lettings at M25 based Ventura Park industrial estate Feb 21, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has secured new leases on 116,200 sq ft of space comprising two units, B and 7, at its Ventura Park industrial estate in Radlett, Hertfordshire. The units have been taken by two new occupiers following the departure of the previous tenant on […] Posted by: Mya Driver Read more
Oxford Council begins planning for next 20 years Feb 21, 2023 Oxford City Council has started work on the new Oxford Local Plan 2040 that will guide Oxford’s development over the next 20 years. The Local Plan 2040 is a step forward from the Local Plan 2036 that was adopted last year. It will also take into account the Oxfordshire Plan 2050, which will provide a strategic […] Posted by: Mya Driver Read more
£182 income from proposed Oxford Science Park Feb 15, 2023 3,100 jobs and £182m of income a year are the benefits of a proposed expansion of Oxford Science Park. Plans from 2022 outlined an expansion of three four-story buildings which will acts as offices and containment level two (CL2) laboratories for life science research and development purposes. 883 car parking spaces would be provided with […] Posted by: Mya Driver Read more
Palace Capital dispose of industrial asset in £3.2m deal Feb 14, 2023 Palace Capital announces that it has sold, in an off-market transaction, its industrial property in Plymouth for £3.2m, marginally ahead of the 30 September 2022 book value and only 2.6% below the 31 March 2022 book value. The proceeds of sale have been used to reduce the Company’s gross and net debt which now stands […] Posted by: Mya Driver Read more