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
Evolve Estates acquires two retail assets Sep 9, 2024 Evolve Estates, part of the commercial property and investment collective M Core, has announced the acquisition of two prime retail assets. The assets total to 16,218 sq ft, and include: Teddington – A ground floor retail parade fully let to Boots, Costa, Holland & Barrett, Boots Opticians, and Carpetright.Farnham – A single-let FRI building occupied […] Posted by: Deividas Krupstas Read more
Plymouth City Council Plans 500 New Homes in Plympton Sep 4, 2024 Plymouth City Council is moving forward with plans to develop 500 modern, energy-efficient homes on land off Stoggy Lane in Plympton, with 150 of these set aside as affordable housing. The project aims to address the growing demand for housing in the city, contributing to the national effort to alleviate the housing crisis. The proposed […] Posted by: Mya Driver Read more
Henry Boot secures planning consent for 75,000 sq ft of industrial & logistics at Southend Airport Business Park following completion of £15m unit Aug 28, 2024 Henry Boot announces that HBD, the group’s property investment and development arm, has completed a £15m GDV industrial & logistics (‘I&L’) unit at Airport Business Park Southend (‘ABPS’), while also being granted planning permission to bring forward a further 75,000 sq ft. In April 2023, HBD agreed to develop a 140,000 sq ft freehold design […] Posted by: Mya Driver Read more
Frasers Group Poised to Acquire Fremlin Walk Shopping Centre in Maidstone Aug 22, 2024 Frasers Group, owned by Mike Ashley, is preparing to expand its retail portfolio with the acquisition of Fremlin Walk, a prominent outdoor shopping centre in Maidstone. The purchase is being made from M&G Real Estate, furthering Frasers’ active involvement in the UK’s retail property market. Fremlin Walk, which spans 350,000 square feet and opened in […] Posted by: David Gilbank Read more
OakNorth Provides £6 Million Loan for Logistics and Wellness Development in West Sussex Aug 21, 2024 Digital bank OakNorth has provided a £6 million loan to Gatehouse Hub to support the development of 19 industrial logistics units and a wellness centre on the outskirts of Burgess Hill, West Sussex. The project aims to enhance the local economy and meet growing demand for quality commercial spaces in the South East region. The […] Posted by: Mya Driver Read more
£20m Loan to Fund New Care Homes in Surrey and Reading Aug 21, 2024 Puma Property Finance has announced the provision of a £20 million loan facility to Zephyr X for the development of two new care homes in the South-East. The funding, split into £13 million and £7 million loans, will support the construction of care homes in Reigate, Surrey, and Whitchurch, Reading, respectively. The £13 million loan […] Posted by: Mya Driver Read more
Jansons Property Acquires Two Business Parks for Redevelopment Aug 7, 2024 Jansons Property, a leading South East property developer, has announced two new major acquisitions in the Thames Valley region with a Gross Development Value (GDV) of £100 million. In a move that will see both former business parks re-developed to create 300,000 square feet of prime industrial space, Jansons Property has sent a strong signal […] Posted by: Mya Driver Read more
