Octopus Energy expands hub at Slough Trading Estate Aug 10, 2022 SEGRO has agreed a second lease for one of Europe’s largest investors in renewable power, Octopus Energy, to expand its presence at the Slough Trading Estate to almost 50,000 sq ft. Octopus Energy has signed a ten-year lease for an 18,500 sq ft unit at 201 Bedford Avenue, located within proximity to its existing 24,000 […] Posted by: Mya Driver Read more
Panattoni agrees double deal in Aylesford with land purchase and pre-let Aug 2, 2022 Panattoni, the largest logistics real estate developer in the UK and Europe, has agreed a relocation deal with Marley, a UK leader in the manufacture and supply of pitched roof systems to the construction market, that involves Marley relocating to Panattoni Park Aylesford and Panattoni securing a prime site from Marley in Wrotham. Marley has […] Posted by: Mya Driver Read more
Angle Property announces acquisition of 1.5-acre office site Aug 2, 2022 Angle Property is pleased to announce it has completed the purchase of RSA House on Western Road in Bracknell from RSA Security UK Limited. The 35,000 sq ft vacant office built in 2000 occupies a prominent 1.5-acre site at the entrance to the established Western Industrial Area and provides an opportunity for re-letting, conversion or […] Posted by: Mya Driver Read more
Silbury Finance provides £100m of funding for two residential-led schemes Aug 1, 2022 Silbury Finance, the Oaktree Capital Management-backed development lender, has completed two senior development facilities, totalling £96.5 million, to fund the delivery of residential-for-sale schemes on the Old Kent Road, SE15, and in Reading. Silbury has provided Avanton, the London property developer, with a £68 million stretch facility. It will fund the redevelopment of the former […] Posted by: Mya Driver Read more
Angle Property to promote 6-acre site for 70,000 sq ft industrial scheme Jul 29, 2022 Angle Property is pleased to announce it has completed a promotion agreement with the Farley Farms Partnership to promote a 6-acre site adjacent to the Bridge Farm Estate in Arborfield for a new 70,000 sq ft industrial scheme. The site was previously used as the site compound during construction of the new Arborfield Relief Road […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
Aldermore provides £6.4m to Saxon Square Christchurch Jul 27, 2022 Aldermore has provided Saxon Square Christchurch with a £6.4m commercial mortgage, refinancing their key multi-let retail and hotel centre from a high street lender. The shopping centre offers the only pedestrianised retail zone in the coastal town of Christchurch, located near the New Forest, Hampshire. Saxon Square sits behind Christchurch’s Mayor’s Parlour building and in […] Posted by: Mya Driver Read more
Get Living and Watkin Jones agree £71m forward funding for BtR scheme Jul 27, 2022 Get Living, the UK’s pioneer of large-scale build to rent neighbourhoods and Watkin Jones, the UK’s leading developer and manager of residential for rent homes have agreed a c.£71 million forward funding deal to deliver 214 new rental homes at Randalls Way, Leatherhead. The development will be the first operational BTR scheme in Leatherhead, which […] Posted by: Mya Driver Read more
Industrials REIT sells Reading asset in £5.88m deal Jul 18, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has completed the sale of Rose Kiln Court, Reading for a total consideration of £5.88 million. The sale price represents a £0.135 million or 2.2% discount to the 31 March 2022 valuation of £6.015 million. The property, which comprises 31,687 sq ft of […] 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
