Fund advised by DRC Savills Investment Management finances mixed-use portfolio in Cambridge owned by Tristan Capital Partners Jan 22, 2024 A fund advised by European investment advisor, DRC Savills Investment Management LLP (“DRC SIM”), has provided a whole loan to finance the acquisition of a portfolio of four industrial and office assets at Dales Manor Industrial Park purchased by EPISO 6, a fund managed by Tristan Capital Partners (“Tristan”). The portfolio, located in southern Cambridge, […] Posted by: Mya Driver Read more
JR Capital and Chancerygate £150m urban logistics multi-let fund acquires South East portfolio for £14m Jan 22, 2024 JR Capital and Chancerygate’s £150m multi-let urban logistics investment fund has acquired a portfolio of three assets in the South East for a total of £14m. The three sites are in Luton, Alton and Farnham. Together, they comprise 28 units totalling 90,400 sq ft. The portfolio was sold by GMS Estates. The three assets range […] Posted by: Mya Driver Read more
Gen Two bolsters Cambridge life sciences portfolio with acquisition of third asset Jan 22, 2024 Gen Two Real Estate, the family-run life sciences developer and investor, has exchanged on a 10,800 sq ft high-quality life sciences building, ahead of completing on the deal later this year. This will mark the company’s second acquisition in Whittlesford, Cambridge, and its third within the South Cambridge bio-tech cluster, as the company continues to […] Posted by: Mya Driver Read more
Custodian Property Income REIT sells industrial unit at 9.5% premium to valuation Jan 22, 2024 Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Milton Keynes for £8.0m, representing a 9.5% or £0.7m premium to the 30 September 2023 valuation. Commenting […] Posted by: Mya Driver Read more
The Hill Group acquires 71 acres to deliver landmark development in South-East Buckinghamshire Jan 16, 2024 Award-winning housebuilder The Hill Group has today announced the acquisition of 71 acres of land with outline planning for a significant new settlement in Little Chalfont, south-east Buckinghamshire. The acquisition of the former golf club site and neighbouring property was facilitated by the acquisition of two local landowner companies, Biddulph (Buckinghamshire) Ltd. and Homestead (REL) […] Posted by: Mya Driver Read more
Tri7 Secures Portswood Centre in Southampton for £10m Jan 10, 2024 Tri7 has successfully purchased the Portswood Centre in Southampton. The deal, valued at £10 million, transfers ownership from the previous holder, Portswood Centre Ltd, to Tri7. The Portswood Centre, a prominent retail and food and beverage hub, spans an impressive 28,315 square feet. This bustling complex is fully tenanted, boasting key occupants like Iceland and […] Posted by: Mya Driver Read more
Packaged Living & Aviva Investors to fund creation of 174 family homes in Bordon, Hampshire Jan 9, 2024 Packaged Living, the UK’s leading sustainable living specialist, and Aviva Investors, the global asset management business of Aviva plc, announce they have completed a deal to forward-fund the creation of 174 new homes in Bordon, Hampshire with a GDV of c.£60m. It is the sixth investment made by the two firms since launching their single-family […] Posted by: Mya Driver Read more
Untold Living Unveils Plans for Eastbourne Seafront Retirement Community Jan 5, 2024 Untold Living, a developer-operator specialising in later living, has announced plans for a new integrated retirement community (IRC) in Eastbourne. The scheme, involving the construction of 139 homes, is set to be developed at Sovereign Harbour, a prime seafront location. The project, backed by Matter Real Estate, follows the recent acquisition of a 2.5-acre site […] Posted by: Mya Driver Read more
Malaysian Firm Acquires Former Shredded Wheat Site in Hertfordshire for Development Jan 5, 2024 IJM Land, a UK subsidiary of Malaysia’s IJM Land, has recently purchased the historic site previously occupied by cereal giant Shredded Wheat in Welwyn Garden City, Hertfordshire. The deal, overseen by appointed receiver CBRE, paves the way for a major mixed-use development on the 11-acre site. The site, known for its long-standing association with Shredded […] Posted by: Mya Driver Read more
Network Rail Boosts Environmental Credentials with Biodiversity Units Purchase for Cambridge Station Jan 3, 2024 Network Rail has bolstered its environmental strategy with the acquisition of 65 biodiversity units from Cambridgeshire County Council. The move is part of the company’s efforts to offset the environmental impact of the new Cambridge South railway station and is in line with upcoming regulations mandating biodiversity net gains for new developments. The new railway […] Posted by: Mya Driver Read more
