Bruntwood and L&G seek new partner for SciTech arm Mar 1, 2022 A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […] Posted by: Mya Driver Read more
Harworth accelerates Waverley development with land parcel sales for 172 homes and a new hotel Feb 3, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces the sale of two land parcels at its Waverley development site in Rotherham, South Yorkshire: a 12.6- acre plot sold to Avant Homes for the delivery of 172 new residential units, and a 2.7 acre plot sold to Stapleford […] Posted by: Mya Driver Read more
Standard Life Trustees swoops for York office space Jan 18, 2022 Helmsley Group has started 2022 with a bang after selling a further part of its The Old Fire Station development in York. Standard Life Trustees, which acquired the ground and mezzanine floors of the office element of the mixed-use development last year, has bought the adjoining commercial unit from Helmsley and its joint venture partner […] Posted by: Mya Driver Read more
Panattoni submits plans for its biggest ever speculative UK shed Jan 10, 2022 Panattoni has submitted a reserved matters planning application to Rotherham Metropolitan Borough Council for a 715,000ft2 speculative development, Panattoni Park Rotherham, consisting of the 630,000ft2 facility and a smaller 85,000ft2 facility by Junction 1 of the M18 motorway at Rotherham. Dan Burn, Development Director for the North West and Yorkshire at Panattoni said: “We look […] Posted by: Mya Driver Read more
Aldermore providers £15m loan Pickard Properties for PBSA project Jan 10, 2022 Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an existing loan and to raise additional capital, to assist in the development of a large student accommodation block in Leeds. The loan is made up of a ten-year, part […] Posted by: Mya Driver Read more
Harworth submits plans for 2.8m sq ft logistics project Jan 7, 2022 UKREiiF sponsor Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has submitted plans for a total of 2.8 million sq ft of industrial & logistics space at two sites close to Leeds in Yorkshire. The plans comprise up to 2 million sq ft of space at Harworth’s Gascoigne […] Posted by: Mya Driver Read more
Firethorn acquires logistics development site from Harworth in £12m deal Dec 21, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that is has completed the sale of a 24-acre plot at its Gateway 36 logistics site in Barnsley, Yorkshire, to Firethorn Barnsley Limited (“Firethorn”) for £11.6 million. Firethorn will develop a BREEAM ‘excellent’ rated, 340,000 ft logistics facility at […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires Tesco in £73m deal Dec 20, 2021 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%. The store was developed for Tesco in 2011 and occupies a 7.0 […] Posted by: Mya Driver Read more
Trebor acquire new speculative industrial site in Yorkshire Dec 14, 2021 Trebor Developments have acquired another industrial site to speculatively develop. The site is located on Tom Pudding Way, Goole, East Riding of Yorkshire, in a well-located industrial area and opposite Siemens’ £200 million new manufacturing facilities. The site will be marketed as “Point 36, Goole”. The site extends to 5.90 acres and planning will be […] Posted by: Mya Driver Read more
AEW swoops for two distribution warehouses Dec 13, 2021 AEW UK Real Return Fund (AEW) – a UKREiiF attendee – has bought two wholesale warehouses, in Barnsley and Leicester, in an £8m deal. The sites are let to Booker, the UK’s largest food wholesale operator. The Leicester unit stretches to 55,634 sq ft, while the Barnsley facility coverage almost 87,000 sq ft. Edward Long, […] Posted by: Mya Driver Read more
