New £700m Innovation District announces new Managing Director Oct 15, 2024 Oxford North, the new £700 million innovation district in Oxford, has appointed Simon Ruck as its new managing director and Kevin Reid as its new energy and engineering manager as part of the strategy to build the on-site management and facilities team ahead of opening in mid-2025. Simon has more than 25 years’ experience and […] Posted by: Deividas Krupstas Read more
CALA Homes secures planning for 96 new homes in Lewes Oct 11, 2024 Cala Homes today announces it has secured Reserved Matters Approval from Lewes District Council to bring 96 much-needed, high-quality homes to Wivelsfield Green, 38 of which will be affordable. The site is on Land to the East of Ditchling Road, Wivelsfield. Cala’s plans will provide a choice for house hunters, including a range of one- […] Posted by: Deividas Krupstas Read more
Weston Homes announces landmark BTR partnership on £110m Bracknell Beeches development with Royal London Asset Management Oct 10, 2024 Weston Homes announces its first major forward fund deal with Royal London Asset Management to develop the £110.1 million Bracknell Beeches into a Build-To-Rent (BTR) scheme. Under the terms of the agreement, Royal London Asset Management will purchase the entire Bracknell Beeches site and development from Weston Homes, while also entering into a Development Agreement […] Posted by: Deividas Krupstas Read more
Festival Place Shopping Centre in Basingstoke Listed for Sale Oct 3, 2024 Festival Place, one of the largest shopping centres in the UK and a major retail and leisure hub in North Hampshire, has been put up for sale. The long leasehold interest in the property is being marketed by leading real estate advisor Savills on behalf of receivers BDO. Spanning an impressive one million square feet, […] Posted by: Deividas Krupstas Read more
QinetiQ Announces Sale of Cody Technology Park for £112m Sep 30, 2024 QinetiQ Group plc is pleased to announce the sale of its 407-acre freehold site at Cody Technology Park (CTP) in Farnborough. The transaction, valued at £112 million, has been signed with a fund managed by Tristan Capital Partners (TCP). Cody Technology Park, which hosts QinetiQ as its largest tenant, has been home to approximately 96 […] Posted by: Deividas Krupstas Read more
Developer Zephyr X unveils BtR project in Milton Keynes Sep 25, 2024 Commercial and residential property developer Zephyr X has today announced it has submitted a planning application for a major redevelopment of a prime Milton Keynes site to create 376 high quality build-to-rent (BTR) apartments. The redevelopment of 500 Avebury Boulevard, formerly known as the Allianz offices, in the city centre will see it replaced with a […] Posted by: Deividas Krupstas Read more
PIC releases 306 new homes to rent at Arbour Development in Milton Keynes Sep 23, 2024 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, is pleased to announce the practical completion of Arbour, a landmark Build-to-Rent scheme located in the heart of central Milton Keynes. The £80 million redevelopment of a brownfield site provides 306 residential apartments purpose- designed for rent, 43 of which are offered […] Posted by: Deividas Krupstas Read more
Hines acquires £6.5m warehouse from Leopard Capital Sep 19, 2024 Leopard Capital, the property investment fund, has completed the off-market sale of the Booker Cash & Carry warehouse, Salfords Industrial Estate, Redhill for £6.45 million to Hines. Leopard acquired the asset in 2019 for £5.05m. The asset totals 41,802 sq ft GIA and is let for a further 2.4 years to earliest expiry. The passing […] Posted by: Deividas Krupstas Read more
Unite Students plan 800 PBSA scheme in Southampton Sep 17, 2024 Unite Students has submitted plans to redevelop Mercury Point in Southampton, to deliver a PBSA scheme which will house 810-beds. The current building, which includes 560-beds, will be across two blocks connected by an outdoor terrace. The scheme, if approved, would see the building close from mid-2025 once students have left for the academic year. […] Posted by: Deividas Krupstas Read more
Weston Homes secures 6.23-acre Surrey site in £33m deal Sep 16, 2024 Multi award-winning developer Weston Homes has exchanged contracts to acquire the former Sergeants’ Mess in the village of Deepcut, Surrey. A grand Edwardian style building with rich military heritage, it is set to become a £32.5 million (GDV) scheme comprising 70 homes, with a mixture of converted and new build market sale and shared ownership […] Posted by: Deividas Krupstas Read more