Octopus Real Estate funds GSE Group’s 400-unit Ashford site with £22m loan Mar 22, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £22 million loan secured on a 48-acre site with planning consent for the development of 400 new homes in Ashford, Kent. The site forms part of a wider 140-acre mixed use development, Waterbrook Park, being […] Posted by: Mya Driver Read more
Warehouse REIT expands OxCam Arc footprint with £35m MLI acquisition Mar 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, via a forward funding agreement, a 170,000 sq. ft multi-let industrial development in Thame, Oxfordshire. The total commitment is £35 million. A partnership between W Lamb Ltd, Blakelands and […] Posted by: Mya Driver Read more
Ontario Teachers’ Pension Plan enters JV to help deliver £700m Oxford innovation district Mar 10, 2022 Thomas White Oxford Ltd, the development company of St John’s College, has agreed a 50:50 joint venture partnership with Canadian-based Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, with developer Stanhope PLC, to deliver Oxford North, Oxford, UK, the £700 million new global innovation district. A new company, Oxford North Ventures LLP, […] Posted by: Mya Driver Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Mya Driver Read more
British Land adds another retail park to its portfolio Feb 21, 2022 UK property group, British Land has acquired a shopping centre in Farnborough for £38m. Blackwater Shopping Park, tenants of which include Next, TK Maxx, Boots, Outfit, Homesense, Mamas & Papas and Currys/PC World has been owned by Lothbury Property Trust (LPT) since 2014. Lothbury Investment Management completed the sale on behalf of LPT, Ed Hockley, […] Posted by: Mya Driver Read more
Clearbell announces £59m of acquisitions Feb 21, 2022 Logistics portfolio in the East Midlands acquired for £29m; Milton Keynes retail park purchased for £16m from abrdn; St Alban’s office asset bought for £14m from Aviva. Clearbell UK Strategic Trust (CST), a fund advised by Clearbell Capital today announces the acquisition of three assets for £59m. The trust has acquired a mixed portfolio of […] Posted by: Mya Driver Read more
LondonMetric acquires £16m Luton urban logistics warehouse Feb 9, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of an urban logistics warehouse in Luton from Marcol Industrial Investments for £15.5 million. The 168,000 sq ft property is located on Luton Enterprise Park, close to Luton town centre and J11A of the M1. It is let to two occupiers with a WAULT of three years. The […] Posted by: Mya Driver Read more
PIC announces further £80m investment into urban regeneration Feb 9, 2022 UKREiiF attendee Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has agreed to fund and acquire a key centrally located development in Milton Keynes for its third Build-to-Rent project. The £80 million redevelopment of a brownfield site will provide 306 new residential apartments, 43 of which will be affordable housing. […] Posted by: Mya Driver Read more
Aprirose expand hotel and leisure portfolio with strategic acquisition Feb 9, 2022 Aprirose, the real estate investment company, has added to its growing portfolio of hotel and leisure assets with the acquisition of Selsdon Park Hotel in Surrey from De Vere Hotels for an undisclosed price. The 200-acre parkland estate, set on the fringes of the Surrey countryside but just 12 miles from London, currently incorporates a […] Posted by: Mya Driver Read more
L&G buys six UK industrial estates from CBRE Investment Management Feb 8, 2022 Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, the […] Posted by: Mya Driver Read more
