Built Environment Networking Blog: East Midlands News

Clowes Developments confirm purchase of 31-acre development site, Harrier Park in Hucknall, Nottingham

Clowes Developments have successfully purchased a 31-acre site at Harrier Park, Hucknall from Rolls-Royce via their Development manager Muse. The business park has been fully serviced by Muse and has the benefit of planning permission for circa 500,000 sq ft of warehouse/industrial space across six buildings. The site is located just on the edge of […]

Posted by: Mya Driver

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Columbia Threadneedle acquires Midlands distribution centre

Midlands-based property investor Colmore Capital has successfully sold its 33,615 sq ft distribution unit Swift 34 in Rugby to institutional buyer, Columbia Threadneedle. The unit was sold in December 2021, taking under a month from initial marketing to exchange. The initial asking price of £4.6m represented a net initial yield of 5.2%. The distribution unit, […]

Posted by: Mya Driver

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East Midlands Airport announces Prologis as new global development partner to advance Freeport plans

MAG (Manchester Airports Group) which owns and operates East Midlands Airport (EMA) is pleased to announce Prologis, the leading logistics property owner, developer and investor, as its partner to take forward the development of a new industrial logistics and advanced manufacturing park near EMA. The new park is a designated East Midlands Freeport tax site […]

Posted by: Deividas Krupstas

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East Midlands Development Company announced independent board

A team of hugely experienced property and investment professionals will help advise on the progress of one of the biggest development opportunities in the UK. The East Midlands Development Company has recruited a team of private sector non-executive directors to work alongside its local authority partners, commercial advisors and core team as it seeks to […]

Posted by: Leon Newton

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East Midlands strike £1.14bn devolution deal

Derbyshire, Nottinghamshire and the key cities surrounding them will be forming a Combined Authority – set to be given new devolved powers and a £1.14bn investment boost to be utilised over a thirty year period. The funding will be utilised to upgrade regional infrastructure, improve housing and drive skills and employment. The two counties and […]

Posted by: Mya Driver

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EDF & Luminous announce mega solar project in Lincolnshire

EDF Renewables UK and Luminous Energy have announced plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford in Lincolnshire. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes* every year […]

Posted by: Mya Driver

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Elstar Acquires Pride Leisure Complex in Derby for £8.4M, Marking the Final Divestiture in Clearbell’s Amber Portfolio

Manchester-based property firm, Elstar, has procured the substantial sports complex, Pride Leisure in Derby, for a sum of £8.4 million from Clearbell Property Partners II LP (Clearbell), a fund orchestrated by Clearbell Capital LLP. This off-market transaction signifies the last asset sale from the mixed-use Amber portfolio, culminating in an impressive total realisation of £174 […]

Posted by: Mya Driver

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English Cities Fund identified for West Northamptonshire project

The agreement would enable the partnership to explore and shape planning, delivery, and funding for the largest brownfield regeneration opportunity within West Northamptonshire. Once established, the proposal would be subject to further approvals from both parties, expected to be in summer 2025. Greyfriars includes the former Greyfriars Bus Station, which was demolished in 2015, as […]

Posted by: Deividas Krupstas

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Evolve Estates enters private healthcare sector as it acquires two private hospitals

Evolve Estates, part of commercial property and investment collective, M Core, has acquired two private hospitals in Diss and Scunthorpe on behalf of Leathbond Limited and LCP Securities as it enters the private healthcare sector. The company has acquired an existing operational private hospital in Scunthorpe and a private hospital with development opportunities in Diss, through […]

Posted by: Deividas Krupstas

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