Hines grows UK logistics footprint acquiring four assets in the West Midlands Sep 14, 2023 Hines, a global real estate investment, development, and property manager, has acquired a portfolio of four multi-let industrial estates in the West Midlands on behalf of its Hines European Value Fund 2 (HEVF 2) from London Metric. The four estates comprise a 47-unit mix of light industrial, trade and mid-box warehousing totaling 434,000 sq ft. […] Posted by: Mya Driver Read more
West Northamptonshire Council Seeks Development Partner for Prime Regeneration Scheme Sep 13, 2023 West Northamptonshire Council (WNC) is gearing up for a significant regeneration project, with plans in motion to remove asbestos and demolish the former BHS, M&S, and Jobcentre buildings located at 35-39 Abington Street and 20-28 Wood Street. The council’s proactive approach aims to provide a cleared site, primed and ready for construction, to potential developers. […] Posted by: Mya Driver Read more
Chancerygate sells 55,000 sq ft Grade A urban logistics development in Brackley to private investor Sep 12, 2023 Developer Chancerygate has sold Boundary43, its 55,000 sq ft urban logistics scheme in Brackley, to a private investor for an undisclosed sum. Situated on the Buckingham Road Industrial Estate off Boundary Road, the development comprises 14 high specification Grade A units. These range from 2,100 to 19,200 sq ft and are available on a leasehold […] Posted by: Mya Driver Read more
Stafford Road in Stafford to Welcome New Medical Centre Sep 8, 2023 A development application has been lodged for the construction of a medical centre at 317 Stafford Road, Stafford. The proposal, designed by Cottee Parker, outlines changes to the previously approved retail building. The new plans envision a two-storey structure on the corner of Stafford Road and Webster Road. The commercial building will house a healthcare […] Posted by: Mya Driver Read more
HGP Pours £17.7m into Housing Projects in the Midlands Sep 7, 2023 Lloyds-backed equity investor, HGP, has made a significant move in the Midlands by investing £17.7m across seven housing projects, one of which is dedicated to Build to Rent. This investment, which has been carried out since the beginning of the year, will support the rapid development of 557 Build to Rent and for-sale properties, addressing […] Posted by: Mya Driver Read more
Birmingham’s Brindleyplace Campus Acquired for £125 Million by Praxis and Veld Sep 5, 2023 In a significant move, Praxis, a UK property investment and management platform, in collaboration with Veld Capital, a private credit specialist investor, has acquired the renowned Brindleyplace offices campus in Birmingham’s city centre. The deal, valued at £125 million, was made public by CoStar News. The Brindleyplace campus, spanning 14.9 acres along the canal, stands […] Posted by: Mya Driver Read more
Housing Growth Partnership Pours £18m into Midlands’ Housing Boom Sep 4, 2023 The Midlands’ housing sector is set to receive a significant boost, with Housing Growth Partnership (HGP) announcing an equity investment of £17.7 million. This Lloyds-backed venture aims to accelerate the construction of 557 homes across seven distinct housing projects in the region. HGP’s collaboration with a range of established local housebuilders will address the pressing […] Posted by: Mya Driver Read more
Cynergy Bank Backs Care Home Development with £8.3m Loan Sep 1, 2023 In a recent demonstration of its commitment to the care home industry, Cynergy Bank has approved an £8.3 million loan for the construction of a new care home in Halesowen, Birmingham. This move is in line with the bank’s established history of supporting the care home sector. The loan, granted to Country Court Care Group, […] Posted by: Mya Driver Read more
Dellner Building Secured in £2.9 Million Deal in Burton on Trent Aug 30, 2023 Savills has successfully facilitated the sale of the Dellner building on Wellington Road, Burton on Trent, Staffordshire. The property was acquired by a private investor for £2.9 million, reflecting an initial annual yield of 6.5%. The facility, encompassing 32,365 sq ft with an additional 3,000 sq ft of two-storey office space, sits on a 1.91-acre […] Posted by: Mya Driver Read more
£8.86 Million Redevelopment Approved for West Nottinghamshire College Aug 16, 2023 Councillors have approved an £8.86 million redevelopment plan for West Nottinghamshire College’s Chesterfield Road campus, marking a significant investment in education and skill development in the Mansfield area. The redevelopment project, part-funded by £4.3 million in Government Towns Fund cash, aims to transform the existing campus into a state-of-the-art education hub. The current School of […] Posted by: Mya Driver Read more
