Council Plans £50m Property Sell-Off Apr 29, 2024 Guildford Borough Council has unveiled plans to offload £50 million worth of assets over the next three years. The council aims to sell £12.5 million of property assets by October 2025, followed by equal amounts by April of 2026, October of 2026, and April of 2027, respectively. Assets exempted from disposal include those under the […] Posted by: David Gilbank Read more
Aviva Investors acquires three-unit industrial asset in Hampshire Apr 24, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has acquired three industrial units in Hampshire, known collectively as Trilogy Park. Located in Segensworth Business Park and part of Concorde Way, a well-established and important industrial location on the South Coast of England, the three units together provide more than 125,000 sq […] Posted by: Mya Driver Read more
Over 1,300 Homes Planned for New Garden Village in Lowestoft Apr 23, 2024 A substantial new development is on the horizon near the A47, with over 1,300 homes, a school, and a retirement complex planned for a garden village on the northern outskirts of Lowestoft. This initiative marks the first garden village in the area and is set to transform farmland owned by Suffolk County Council into a […] Posted by: Mya Driver Read more
Canterbury Set to Gain 2,000 New Homes in University-Led Development Plan Apr 22, 2024 Canterbury is poised for a significant expansion with the introduction of 2,000 new homes as part of a new development initiative spearheaded by the University of Kent. The proposed housing estate, strategically located between the villages of Tyler Hill, Blean, and Rough Common, is part of Canterbury City Council’s new draft local plan. The development […] Posted by: Mya Driver Read more
South Oxfordshire Council Invites Input on Exciting New Housing Proposals Apr 19, 2024 South Oxfordshire District Council has launched a public consultation on its latest council plan, which includes proposals for new council homes. The plan, titled ‘The Way Ahead’, is designed to guide district policies and initiatives through to 2028, focusing on creating a more inclusive and thriving community. Residents, businesses, community groups, and other stakeholders are […] Posted by: Mya Driver Read more
AEW UK Core Plus Property Fund acquires Northgate House in Reading for £8 million Apr 15, 2024 AEW, one of the world’s leading real estate investment and asset managers, announces the acquisition, on behalf of the AEW UK Core Plus Property Fund (the “Fund”), of Northgate House on Valpy Street, Reading, for £8 million from a private property company. The c. 66,000 sq ft town centre office building is arranged over basement, […] Posted by: Mya Driver Read more
Contemporary Essex Apartments Refinanced Following £6m Residential Property Investment Loan Apr 4, 2024 Two contemporary apartment blocks in Harlow have been refinanced using a £6.645m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance. Developed by Prisma Property Developments, 47 units in the Mayflower and Bluebell House blocks of Harlow Flats will now open their doors to residents. Formerly a two-storey building comprising a Halfords Autocentre, […] Posted by: Mya Driver Read more
Greystar acquires PBSA asset in Southampton Mar 26, 2024 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality real estate, including rental housing, logistics, and life sciences, has agreed to acquire Capital House from Kier Property Developments Limited and Investec in an off-market opportunity, as part of its ongoing PBSA growth strategy in Europe. Capital House […] Posted by: Mya Driver Read more
Homes England Invests £5.1m in Worthing’s Teville Gate for Housing Development Mar 18, 2024 In a move aimed at revitalising Worthing town centre, Homes England has committed £5.1 million to acquire the Teville Gate site from Worthing Borough Council. This investment paves the way for the creation of around 250 new homes on the brownfield site, marking a significant step forward in the town’s regeneration efforts. Purchased by the […] Posted by: Mya Driver Read more
bp pulse Acquires Key Truck Stop for Electric Vehicle Charging Expansion Mar 18, 2024 bp pulse, the electric vehicle charging division of BP, has acquired one of the largest truck stops in Europe, Ashford International Truckstop in Kent, marking a significant step towards establishing a comprehensive EV charging infrastructure for heavy goods vehicles (HGVs) across Europe. Situated near the critical Dover ferry port and the LeShuttle Freight terminal in […] Posted by: Mya Driver Read more
