UK Commercial Property REIT acquires Precision Park in £94m deal Dec 22, 2021 UK Commercial Property REIT Limited, announces that it has continued to strengthen its significant industrial and logistics portfolio with the circa £94 million acquisition of Precision Park in Leamington Spa, Warwick. This follows the acquisition of three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick airport via a circa […] Posted by: Mya Driver Read more
SDI Propco acquires 278-acre site for £54m Dec 17, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that it has conditionally exchanged contracts for the sale of its strategic land site in Ansty, Warwickshire, to SDI Propco (100) Limited (the “Purchaser”), for a consideration of £53.5 million, payable in cash upon completion. Completion of the transaction […] Posted by: Mya Driver Read more
Octopus Real Estate completes £8.45m loan on hotel and spa resort near Stratford-upon-Avon Dec 15, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed an £8.45 million loan secured on a hotel with spa and health club, golf course and various amenities. The Welcombe Hotel, based just outside Stratford-upon-Avon, is extremely well located for a leisure hotel, some 20 miles […] Posted by: Mya Driver Read more
Oxenwood acquires Midlands logistics facility in £12m deal Dec 13, 2021 Oxenwood Real Estate has acquired a prime logistics facility in Wolverhampton for £12.2m. The facility, which totals 143,279 sq ft, is located on Hilton Cross Business Park at Featherstone by junction 1 of the M54 and close to junction 10a of the M6. It has been acquired from the occupier MANN+HUMMEL, a global filtration technology […] Posted by: Mya Driver Read more
Historic Birmingham building set for transformation Dec 9, 2021 Solihull based property developer BPG has been granted planning permission to redevelop the Chamberlain Buildings in Birmingham city centre. The Grade II listed building situated across from Aston University is to be converted into 205 student rooms. BPG has worked with the current owner Birmingham City Council to repurpose the site, previously used as offices, […] Posted by: Mya Driver Read more
Capital & Regional signs agreement with NHS – as they role out 40 new community centres concept nationally Dec 6, 2021 Capital & Regional (the “Company”), the UK convenience and community focused shopping centre REIT, has signed a 15 year lease agreement with Whittington Health NHS Trust to open a state of the art Community Diagnostics Centre (“CDC”) at The Mall, Wood Green. It is the first of 40 new CDCs that will be opened across […] Posted by: Mya Driver Read more
Europa Capital enters Birmingham market with acquisition of city centre Crown Works BTR development Dec 6, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered the Birmingham market with the acquisition, through a forward funding agreement, of Crown Works, a new 203-apartment build-to-rent (“BTR”) development adjacent to the city’s central business district. Europa Capital has made the acquisition on behalf of its value-add fund, Europa Fund VI. […] Posted by: Mya Driver Read more