LondonMetric completes £21 million logistics acquisition and £7 million office sale Jan 8, 2024 LondonMetric Property Plc (“LondonMetric”) announces that it has completed the acquisition of a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%. The 264,000 sq ft regional logistics warehouse is let to Next for a further 13 years at a rent of £1.42 million p.a., which equates to a low £5.37 […] Posted by: Mya Driver Read more
Sheffield Set to Soar with New Skyscraper: King’s Tower to Reshape City’s Skyline Jan 4, 2024 Sheffield is poised to welcome a new landmark, with the unveiling of plans for a towering addition to its city centre. The proposed 40-storey King’s Tower, poised at the junction of King Street and Angel Street, is set to rise to a striking height of 393 feet (120 meters), equivalent to the stature of 28 […] Posted by: Mya Driver Read more
Cabinet agrees to progress with Devolution public consultation Dec 19, 2023 Hull and East Riding Devolution (HEY Devolution) will be heard at an extraordinary Full Council meeting this week following Hull City Council’s Cabinet choosing to progress to a full public consultation on the proposed deal. The detailed report setting out the case for the devolution of powers and funding from the government and Hull and […] Posted by: Mya Driver Read more
£9.2 million approved for brownfield housing Dec 18, 2023 Funding to build 700 homes across York and North Yorkshire has been approved. Investment is a result of the region’s proposed devolution deal and will unlock housing development on brownfield land. It will help deliver affordable, accessible, and low carbon housing, creating sustainable and high-quality places. Nine schemes – which include 252 affordable homes – […] Posted by: Mya Driver Read more
Councillors to consider £18m NHS facility proposed for Albion Square Dec 11, 2023 NHS patients could soon be able to access a wide range of healthcare in the city centre if a proposed £18m Community Diagnostic Centre (CDC), earmarked for Albion Square, is approved by Cabinet on Monday 18 December. The NHS has secured £16m in funding from the Department of Health and Social Care to develop a […] Posted by: Mya Driver Read more
Moorfield Group acquires two warehouses for latest logistics strategy Dec 7, 2023 UK-focussed real estate fund manager Moorfield Group (“Moorfield”) has added 123,000 sq ft of warehouse space to its urban logistics portfolio with the acquisition of two assets for a combined sum of approximately £12m. In Tinsley, Sheffield, Moorfield has completed a 10-year sale-and-leaseback agreement for a 61,000 sq ft urban logistics unit with Tinsley Bridge […] Posted by: Mya Driver Read more
Action plans to help regenerate West Yorkshire towns set to be approved Dec 6, 2023 Exciting proposals have been drawn up for Knottingley, Ferrybridge and Pontefract that will help towards their economic regeneration and a better quality of life for residents. The new plans build on the existing work that has already been achieved in providing improved leisure facilities, skills, training, and jobs. Cllr Michael Graham, Cabinet Member for Economic […] Posted by: Mya Driver Read more
Ambitious plans to take step forward as developer sought for East Bank Dec 4, 2023 Ambitious proposals which feature up to 850 new homes will take a step forward as Hull City Council seeks a lead developer partner to deliver its East Bank Urban Village project. The site, approved by Cabinet in July, will see up to 850 new homes and mixed uses on brownfield land on East Bank next […] Posted by: Mya Driver Read more
Public Consultation Unveiled for Bradford City Village Masterplan Dec 1, 2023 Bradford Council, in partnership with the English Cities Fund (ECF), is inviting the public to play a pivotal role in shaping the future of Bradford City Village, a project poised to deliver 1,000 new homes and breathe new life into the former retail hub of the city centre. This visionary initiative, set in the ‘Top […] Posted by: Mya Driver Read more
Octopus Real Estate partners with Sandstone Care Group to acquire North Yorkshire care home Nov 23, 2023 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate lender and investor, today announces the addition of an 80-bed care home in Yorkshire to the Octopus Healthcare Fund’s portfolio of over 100 care homes. Sandstone Care Group, which has headquarters in Chester and Warrington, will take operational ownership Manor Farm in Old […] Posted by: Mya Driver Read more
