Indurent and PLP submit plans for new logistics scheme Oct 15, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK and PLP, the specialist industrial and logistics developer, have submitted a detailed planning application to North West Leicestershire District Council for the development of a Grade A c.644,000 sq ft logistics facility. This prime East Midlands site spans […] Posted by: Deividas Krupstas 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
JR Capital and Chancerygate £150m urban logistics fund acquires 55,780 sq ft Northampton portfolio Apr 24, 2023 A portfolio of seven fully-let units totalling 55,780 sq ft on Crow Lane Industrial Park in Northampton has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund has acquired the industrial estate from asset management company Columbia Threadneedle Investments. All values […] Posted by: Mya Driver Read more
Leicester City stadium expansion set for go-ahead Sep 12, 2022 Plans for the redevelopment of the Leicester City stadium are expected to be approved – expanding its capacity to 40,000 seats. Proposals submitted to Leicester City Council, King Power Stadium would gain a new hotel, commercial and residential space, a multi-storey car park and a club retail store, as well as 8,000 additional seats. Officials […] Posted by: Mya Driver Read more
Leicestershire County Cricket Club Announce Major Redevelopment Plans Mar 8, 2023 Leicestershire County Cricket Club has entered into consultation with developers, stakeholders and the community after announcing intentions for a £60m redevelopment of Uptonsteel County Ground. The club has been working extensively with architects, research consultants and financial bodies to produce design specifications that have the scope to transform the existing stadium and create new facilities […] Posted by: Mya Driver Read more
Lincolnshire Co-op and Wykeland Group announce Waterside Shopping Centre acquisition Jun 2, 2023 Lincolnshire Co-op and Wykeland Group are delighted to announce the acquisition of Waterside Shopping Centre in Lincoln. The two organisations have come together in a 50/50 partnership to secure the prime retail and leisure destination in the heart of Lincoln city centre. The 130,000 sq ft Waterside scheme is 95% let with an impressive line-up of leading retailers including H&M, […] Posted by: Mya Driver Read more
LondonMetric acquires two urban logistic assets for £29m Apr 27, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of two urban logistics properties for £28.8 million, in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%. The properties are expected to generate a rent of £1.4 million p.a. and comprise: a 125,000 sq ft urban logistics forward fund development at […] Posted by: Mya Driver Read more
MAYORAL ELECTION IN FOCUS: Cambridgeshire and Peterborough CA Apr 20, 2021 On May 6 a number of Combined Authority Mayoral elections will take place and, as part of a special series of events, we invited candidates from each one to explain what their ambitions and visions are in terms of regeneration moving forward? These are the responses from those standing for Mayor in the Cambridgeshire and […] Posted by: Mark Flanagan Read more
Millfield Estates Acquires Eco-Friendly Office for £1.2m in Leicester Jan 5, 2024 In a significant property deal, Millfield Estates has expanded its portfolio by purchasing a cutting-edge eco-friendly office building located at 3 Rayns Way, Watermead Business Park, Leicester. The transaction is valued at £1.2 million. This acquisition increases Millfield Estates’ portfolio to a total of 14 properties. The office, covering 6,027 square feet, is notable for […] Posted by: Mya Driver Read more
Moorfield Group, Melberry Developments and Funding House partner for £42m student accommodation scheme Nov 15, 2023 Moorfield Group (“Moorfield”), the UK real estate fund manager, has entered into its second development agreement with Melberry Developments (“Melberry”), on behalf of Moorfield Real Estate Fund V, for a 293-bed purpose-built student accommodation scheme in Lincoln. It is also Moorfield’s second project in its “Zennor” partnership with Funding House. The £42m GDV scheme, funded […] Posted by: Mya Driver Read more
New UK ‘Space City’ cluster launched in Leicester Mar 15, 2023 A new ‘Space City Leicester’ cluster has been launched in Leicester that will create one of the largest and most connected Enterprise Zones for space-related activities in the UK. Space City Leicester represents up to £233 million of investment in new and planned facilities on the former Pioneer Park development to the north of Leicester […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
