Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 21, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
Silbury Finance provides £39 million loan for 20-acre brownfield site acquisition in Dorking, Surrey Apr 17, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £39 million senior loan to Stonegate Homes, the residential developer focused on brownfield site regeneration in the Homes Counties. The 12-month facility, at 90% Loan to Cost, will fund the acquisition of a 20 acre brownfield site in Dorking, Surrey, where Stonegate Homes […] Posted by: Mya Driver Read more
Nuveen Real Estate’s European Value Add Strategy acquires high-quality UK self-storage portfolio from Easistore Apr 12, 2023 Nuveen Real Estate, one of the largest investment managers in the world, announces that it has acquired a high-quality self-storage portfolio in the UK, from Easistore, on behalf of its European Value Add strategy. Nuveen will partner with one of the UK’s leading operators, Storage King, to leverage their operational expertise. The vendor was advised […] Posted by: Mya Driver Read more
Outline planning application approved for 8,500 homes Apr 6, 2023 Folkestone & Hythe District Council’s Planning and Licensing Committee has resolved to grant outline planning permission for Otterpool Park, a new 8,500 home garden town near Folkestone in Kent. The transformative development, led by master developer Otterpool Park LLP on behalf of Folkestone & Hythe District Council, supported by planning and development specialists Quod, Arcadis, […] Posted by: Mya Driver Read more
Puma Property Finance delivers three new loans for UK’s largest care home developer Mar 29, 2023 LONDON: Puma Property Finance (Puma) has today announced it is providing new funding to LNT Care Developments Group (LNT), the UK’s largest care home developer. The funding will finance three purpose-built care homes in Wisbech, Broadstairs and Southampton in its continued support for the care sector. With a track record of funding essential social infrastructure […] Posted by: Mya Driver Read more
Angle Property acquires 3.2-acre site in Milton Keynes to develop new Grade A Milton Keynes development Mar 28, 2023 Angle Property is pleased to announce it has completed the purchase of the former Domino’s Pizza Headquarters on Lasborough Road, Kingston, Milton Keynes. The 35,000 sq ft vacant warehouse built in 2000 occupies a prominent 3.18-acre site on the Kingston business park and provides an opportunity for the redevelopment of the existing site for Grade […] Posted by: Mya Driver Read more
Homes England and Muse to develop Slough’s North West Quadrant Mar 27, 2023 Homes England – the government’s housing and regeneration agency – has bought the former Thames Valley University site from Slough Borough Council, and has teamed up with Muse to accelerate the creation of the place-changing North West Quadrant (NWQ). Muse have been the council’s partner in the Slough Urban Renewal joint venture for the past […] Posted by: Mya Driver Read more
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
