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
Chancerygate acquires two sites for £32m industrial development Jun 6, 2022 Chancerygate has acquired two adjacent sites totalling 4.6 acres in Leatherhead, Surrey, to speculatively build 82,400 ft of Grade A industrial and warehousing space. The sites are located off Cleeve Road in Leatherhead Business Park approximately one mile north of the town centre and one mile east of junction 9 of the M25. Chancerygate intends […] Posted by: Mya Driver Read more
International PPL to acquire further stake in Thames Tideway super-sewer Jun 1, 2022 Infrastructure investment company International Public Partnerships has conditionally agreed to acquire a further shareholding in the Thames Tideway Tunnel, a 25-kilometre “super sewer” being built under the Thames in order to create a healthier environment for London. International PPL said on Wednesday that the opportunity was conditional on third-party approvals and had arisen as a […] Posted by: Leon Newton Read more
Fiera and Wrenbridge acquire 4.5-acre site for industrial scheme May 30, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 4.5-acre site on Limberline Road in Portsmouth to develop a multi-unit Grade A industrial scheme with a GDV in the region of £33m. The business plan is to obtain planning permission for seven industrial units ranging between 6,319 sq.ft to […] Posted by: Leon Newton Read more
Panattoni submits plans for 200,000 sq ft logistics development May 30, 2022 Panattoni, the largest industrial real estate developer in Europe, has submitted plans for a 199,672 sq ft speculative, last-mile logistics development in Crawley.The detailed planning application for Panattoni Park Crawley, submitted to Crawley Borough Council, is for a semi-detached unit of 134,012 sq ft and 65,660 sq ft, which could be combined into one unit […] 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
Hearthstone Investments: Acquisition of 70 new homes in Fareham, Hampshire Mar 23, 2022 Hearthstone Investments, a specialist in suburban private rented housing exchanged contracts for 70 new homes on a development near Fareham, Hampshire. The transaction with a national housebuilder comprises 64 houses and a small apartment block. The site is part of a new master planned community of 3,500 homes off the M27 between Southampton and Portsmouth. […] Posted by: Mya Driver Read more
