Bowmer + Kirkland to deliver 500-home BTR scheme at Leeds’ Whitehall Riverside May 30, 2023 Bowmer + Kirkland has been appointed to construct a 500-home build to rent (BTR) residential scheme at Whitehall Riverside in Leeds city centre. The £140million project is being delivered by Glenbrook and backed by Legal & General following last month’s announcement of what is Leeds’ largest build-to-rent funding deal and the pair’s first venture together. […] Posted by: Mya Driver Read more
Planning consent secured for next phases of Whitehall Riverside scheme May 22, 2023 Town Centre Securities PLC (TCS), has secured planning consent for the next phases on the flagship mixed-use Whitehall Riverside development site in Leeds including two office buildings, a 478 space CitiPark car park and a hotel/aparthotel. The plan forms part of the wider regeneration of the strategically located riverside scheme and could see up to 235,000 sq […] Posted by: Mya Driver Read more
Glenbrook Investments build Yorkshire portfolio with £4.65 million purchase Apr 19, 2023 Glenbrook Investments (Glenbrook) has completed the acquisition of a multi-let industrial estate in Barnsley, Yorkshire for £4.65million. Fall Bank Industrial Estate in Dodworth comprises eight warehouses totalling 97,761sqft (9,082.28 sqm) and is located less than two miles west of Junction 37 of the M1 motorway. The transaction reflects a 7.5% Net Initial Yield with rents […] Posted by: Mya Driver Read more
YMAC investment to unlock 18-acre prime Lake District site Apr 18, 2023 An 18-acre site on the bank of Lake Windermere has been listed for sale. YMCA Lakeside North Camp occupies a stunning position on the south west bank of Lake Windermere, 3 miles north of Newby Bridge and includes a substantial range of buildings, boat house, landing stages and jetty with 300m of lake frontage. It […] Posted by: Mya Driver Read more
Legal & General and Glenbrook complete Leeds City Centre’s largest Build to Rent funding to date Apr 17, 2023 Legal & General (‘L&G’) and Glenbrook today announce the funding of a £140m residential development in Whitehall Riverside in Leeds, committing to the delivery of 500 new homes. This marks the third scheme funded by L&G in the City and, upon practical completion, will bring the number of new rental homes it has delivered in […] Posted by: Mya Driver Read more
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
£200M Student JV launched! Mar 24, 2023 Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million platform to invest in purpose-built student accommodation in the UK. QIP and Soilbuild have capitalised and underwritten the build-to-core platform, which could potentially be scaled up to GBP400 million. The joint venture partners seek to syndicate […] Posted by: Mya Driver Read more
Investec provides GSA with £85m loan to refinance and partially refurbish five UK PBSA assets Mar 22, 2023 21 March 2023: Investec Real Estate (“Investec”) announces that it has provided Global Student Accommodation (“GSA”), the global leader in purpose-built student accommodation (“PBSA”), with an £85 million loan to support the refinance and partial refurbishment of five UK PBSA assets. The properties provide a total of 1,460 beds to students in London, Lincoln, Newcastle, Nottingham, […] Posted by: Mya Driver Read more
British Land makes further strategic progress in retail parks with over £120m of gross activity Mar 21, 2023 British Land is pleased to announce that since the half year results in November, it has completed on the acquisition of three high quality retail parks for a total of £94m and sold its 50% stake in a retail park in Preston for £30m. These deals are in line with our strategy to actively recycle […] Posted by: Mya Driver Read more
New development site opportunity at the heart of historic gateway to Leeds Mar 15, 2023 A new plot of land at the heart of one of the most exciting sustainable regeneration schemes in Europe has come to the market this week. Meadow Lane in Leeds, which sits at a key historic gateway to the city centre, and forms a vital piece of the new multi-million pound city centre green space, […] Posted by: Mya Driver Read more
