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
Europe’s largest hostel chain unveils second UK property as a&o Brighton opens for business Aug 6, 2024 Europe’s largest privately owned hostel chain, a&o Hostels, has opened a second property in the UK and their 39th across Europe. a&o Brighton, which is now open for reservations, is centrally located in the heart of the famous seaside resort with a view of Brighton Pier. Offering 50 rooms with a total of 186 beds, […] Posted by: Mya Driver Read more
Cain establishes new £65M credit facility with Lovett Care Aug 5, 2024 Cain International (‘Cain’), a privately held firm specializing in real estate investment solutions, via its Fortwell credit strategy, has agreed a £65M revolving credit facility with Lovett Care, a fully integrated UK care home operator. This facility will finance a pipeline of new care homes across the UK, starting with three in the South of […] Posted by: Mya Driver Read more
Wates and Guildford Borough Council to deliver 248 new homes Jul 30, 2024 Wates Group, the family-owned development, building, and property maintenance company, has today announced a significant new partnership with Guildford Borough Council (GBC) to develop a site in the heart of Guildford. The £86 million project will transform a car park site into a vibrant urban neighbourhood, delivering up to 248 new homes with a commitment […] Posted by: Mya Driver Read more
