ABP received Port of Hull planning consent for 4.25m sq ft development Apr 20, 2022 Associated British Ports (ABP) has been granted outline planning consent for more than 4.25 million sq ft of industrial, manufacturing and logistics development at the Port of Hull by East Riding of Yorkshire Council. The 453 acres of prime land includes 212 acres located within the East Hull Humber Freeport Tax Assisted Zone, which offers […] Posted by: Mya Driver Read more
Industrials REIT acquires four MLI assets for £21m Apr 20, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Mya Driver Read more
Harworth secures planning consent at Manufacturing Park Apr 11, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that is has secured planning consent for the direct development of 93,000 sq. ft of employment space at the Advanced Manufacturing Park (“AMP”) in Rotherham, South Yorkshire. The development will comprise the next phase of the AMP and will […] Posted by: Mya Driver Read more
Avant Homes acquires 15-acre site for £44m for new housing scheme Apr 11, 2022 Housebuilder Avant Homes has acquired a 14.7-acre site in the village of Carlton near Rothwell, Leeds where it will deliver a £44m development of 129 new homes. Located on Main Street close to Swithens Farm and Oulton Hall, the new development received planning approval from Leeds City Council in March 2022. In addition to providing […] Posted by: Mya Driver Read more
Avant Homes acquires 78-acre plot for 600 home development Mar 29, 2022 Yorkshire housebuilder Avant Homes has acquired a 78-acre site in Doncaster, paving the way for a £121m development of up to 600 homes in the village of Edenthorpe. Subject to planning approval from Doncaster Metropolitan Borough Council, the landmark development will feature a mixture of one, two, three and four-bedroom homes across 12 of Avant […] Posted by: Mya Driver Read more
AXA IM Alts and Crédit Agricole Assurances invest £3bn to acquire 50% of Hornsea 2 Offshore Wind Farm Mar 28, 2022 Ørsted has signed an agreement to divest a 50 % ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Hornsea 2 is currently under construction and will become the world’s largest offshore wind farm once commissioned […] Posted by: Mya Driver Read more
Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] Posted by: Mya Driver Read more
Together provides £20m funding to Citu for low carbon city centre scheme Mar 21, 2022 A pioneering sustainable developer has secured a £20million finance package to kick-start the next phase of its low-carbon city centre residential scheme. Together, a specialist lender which has a loan book of more than £4.4billion, has agreed the facility with Citu, the innovative developer behind the regeneration of large swathes of Leeds city centre on […] Posted by: Mya Driver Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Mya Driver Read more
Immobel Capital Partners acquires 50% of White Rose Office Park in Leeds Mar 8, 2022 Immobel Capital Partners, the investment management business of Immobel Group, the largest listed real estate developer in Belgium, announces it has signed a sale and purchase agreement to acquire 50% of the White Rose Park from OIRP Investment 10, part of Orion Capital Managers. White Rose is a green office campus situated just outside of […] Posted by: Mya Driver Read more
