Galliard acquires three development sites Jan 24, 2022 Galliard Homes has acquired three key London commuter sites for £265m of residential development. The deals for sites in Redbridge, Ipswich and Milton Keynes follow a successful period last year when Galliard sold out schemes with a combined development value in excess of £800m. In the biggest deal, Galliard has acquired ‘The Point’, a former […] Posted by: Mya Driver Read more
Crest Nicholson strikes £120m PRS deal with Oaktree Jan 19, 2022 Award-winning developer Crest Nicholson has announced its biggest Private Rental Sector (PRS) deal, worth £120m, with funds managed by leading global investment management firm, Oaktree Capital Management, L.P. (“Oaktree”) and CompassRock International (“CompassRock”). The transaction involves the sale of 403 units across three key developments in Southern England, offering high quality private rental units to […] Posted by: Mya Driver Read more
Palace Capital acquires Maidenhead office building for £10.25m Jan 17, 2022 UKREiiF attendee Palace Capital, the Main Market property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office & industrial sectors, announces that it has acquired 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 […] Posted by: Mya Driver Read more
South East office investment hit record £4bn in 2021 Jan 12, 2022 The South East office market saw a record £4.02 billion of investment turnover in 2021, more than double the 2020 figure of £1.93bn and 45% above the 10-yr annual average for the region. The year also witnessed a record Q4, which saw £1.54 billion of office stock traded. Overseas capital accounted for 59% of investment […] Posted by: Mya Driver Read more
Landsec announces the purchase of an additional 25% stake in Bluewater Dec 22, 2021 Landsec has today announced that it has completed the acquisition of an additional 25% share in Bluewater from Lendlease Retail Partnership for £172m representing a net initial yield of 8.15% and an equivalent yield of 8.25%. In a separate deal, Landsec will sell 25% of this share to co-owner M&G for its pro rata share […] Posted by: Mya Driver Read more
Palace Capital nears completion of disposal strategy with two further sales Dec 20, 2021 Palace Capital, the Main Market property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office and industrial sectors, announces that it has completed the sale of Russell House, Walton on-Thames, Surrey for £2.625 million and exchanged contracts to sell […] Posted by: Mya Driver Read more
Kennedy Wilson acquires premier office campus on the South Coast in £61m deal Dec 20, 2021 Global real estate investment company Kennedy Wilson has acquired Forum, a wholly-owned institutional quality office campus for $81 million. Located on the South Coast of the UK, midway between Southampton and Portsmouth, the Forum includes 252,000 square feet of office space across five buildings on a picturesque 30-acre site with lakes, trails, and lush landscaping. […] Posted by: Mya Driver Read more
PATRIZIA invest in 281-home BtR scheme in Reading Dec 20, 2021 PATRIZIA AG, a leading partner for global real assets, has on behalf of its institutional clients invested in a turn-key build-to-rent (BTR) development in Reading for an undisclosed sum. Olivers Place is a collection of 281 high quality BTR properties comprising a mix of one, two and three-bedroom apartments. The homes have been acquired from […] Posted by: Mya Driver Read more
Peel L&P unveils mixed use development masterplan for 90-acre site Dec 15, 2021 The masterplan for the redevelopment of Chatham Docks Industrial Estate has been unveiled by regeneration business Peel L&P as it sets out its early vision for the area. The 90-acre site will feature approximately 3,600 new homes, a one million square foot new employment zone which will create in excess of 2,000 new jobs as […] Posted by: Mya Driver Read more
