Built Environment Networking Blog: East of England News

Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk

Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […]

Posted by: Mya Driver

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Aviva Investors acquires Ipswich site to develop up to 163 single family homes with Packaged Living

Aviva Investors, the global asset management business of Aviva plc, announces it has acquired a site less than a mile from Ipswich town centre with planning for the development of over 163 family homes, as it continues to grow its UK single-family rental platform in partnership with Packaged Living, the specialist UK Build-to-Rent (BtR) developer. […]

Posted by: Mya Driver

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Bruntwood and L&G seek new partner for SciTech arm

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

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Cain extends Jaynic logistics development loan to £19.25 million

Cain International (“Cain”), the privately held investment firm, has agreed an extended development finance facility of £19.25 million with Jaynic Property Group. Cain originally lent £13.8 million in February 2022 for the development of SP160, a 160,000 sq ft warehouse at Jaynic’s Suffolk Park logistics scheme to the east of Bury St Edmunds. It has […]

Posted by: Mya Driver

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Chancerygate’s latest urban logistics scheme gets approval

Developer Chancerygate has been granted planning permission to build around 58,000 sq ft of Grade A urban logistics and industrial space in Witham, Essex. Called Freebournes Park the speculative development will comprise 10 units ranging from 4,390 sq ft to 7,030 ft which are available on a leasehold basis. Construction of the scheme is set […]

Posted by: Mya Driver

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Custodian REIT Disposes Retail Unit in Bury St Edmunds

Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional, core/core-plus properties across the UK, is pleasedto announce the disposal of a high street retail unit in Bury St Edmunds at auction for £0.85m, in line with the 31 March 2023 valuation.Commenting […]

Posted by: Mya Driver

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Development Opportunity: Ekin Road Estate in Cambridge

Cambridge City Council has identified the Ekin Road estate for potential redevelopment, presenting a unique opportunity for growth and rejuvenation in the area. The estate, which has been home to many residents for decades, was highlighted for redevelopment after a review of estates with older housing stock. Currently, three redevelopment options are on the table: […]

Posted by: Mya Driver

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Exciting Development Planned for Former Industrial Site in Lowestoft

A promising new development is in the pipeline for a former industrial site in the vibrant town of Lowestoft. The project aims to breathe new life into the area and unlock its potential for future growth. Situated on the outskirts of town, the site holds significant historical value and offers a prime location for redevelopment. […]

Posted by: Mya Driver

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