JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions Jan 5, 2022 JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m. The deals mark the conclusion of the fund’s acquisitions boosting its portfolio of industrial space to 24 assets comprising 150 units totalling 1,050,000 sq ft on sites ranging from Dundee to Exeter. The […] Posted by: Mya Driver Read more
Kerakoll Group Acquires Land for New Production and Distribution Facility in Preston Oct 22, 2024 Kerakoll Group, an international leader in sustainable building materials, has acquired a 40,000-square-meter (approximately 10-acre) plot of land in Preston, Lancashire, at the APTUS development. This acquisition is a significant step in the company’s expansion strategy for the United Kingdom and Northern Europe, with plans to develop a 145,000 sq ft production and distribution facility. […] Posted by: Deividas Krupstas Read more
KKR and Mirastar Acquire Northern Logistics Portfolio Sep 3, 2024 KKR and Mirastar have acquired five logistics units across Sheffield, Salford, Crewe, and Liverpool, totalling 890,000 sq ft. The largest unit, a 346,000 sq ft facility in Sheffield, is leased to Advanced Supply Chain Group. The assets were developed by PLP UK Logistics Venture 1, backed by investors like Ivanhoé Cambridge and The Peel Group. […] Posted by: Mya Driver Read more
Knowsley approves Prescot Gas Works resi Sep 12, 2022 Poven Development’s 40-home scheme on a four-acre brownfield site in Merseyside has been granted planning permission. Knowsley Council approved the application on Thursday. Poven Development’s project would keep the gas distribution centre in the middle of the Prescot plot. This centre would remain active, with homes built on either side of it. A landscaped bund […] Posted by: Mya Driver Read more
Knowsley Council Greenlights Transformative Huyton Town Centre Redevelopment Nov 21, 2024 Knowsley Council has officially approved funding for the first phase of the ambitious Huyton town centre redevelopment project. This significant step forward will see the construction of a new council headquarters, a 130-room hotel, and 72 affordable one- and two-bedroom apartments, marking the beginning of a transformative 10-year masterplan for the area. The redevelopment project […] Posted by: Deividas Krupstas Read more
Knowsley Council Proposes Demolition of Prominent Building in Huyton Regeneration Scheme Oct 6, 2023 In a bid to revamp Huyton town centre, Knowsley Council has put forth plans to tear down a former authority building. The submitted application details indicate that the demolition, situated on a primary route into and out of the town centre, will be executed in a structured manner to ensure minimal disruption. During the demolition […] Posted by: Mya Driver Read more
Knowsley’s Capitol Trading Park acquired for £9.45 by £150m ULIF Oct 16, 2023 Capitol Trading Park, which is located within Knowsley Industrial Park and comprises 22 units totalling 140,000 sq ft, has been acquired for £9.45m by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund acquired the industrial park from business space provider Flexspace. Capitol Trading […] Posted by: Mya Driver Read more
L&G Initiates Sale of Manchester Mixed-Use Property May 3, 2024 Legal & General UK Property Fund has commenced efforts to divest its retail and leisure complex located at 19–31 Piccadilly in Manchester. The asset, which encompasses a Travelodge hotel alongside a diverse array of food and beverage outlets, presents a lucrative investment opportunity for prospective buyers seeking exposure to Manchester’s vibrant commercial landscape. Originally acquired […] Posted by: David Gilbank Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 23, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Mya Driver Read more
Landmark £100m+ Prestwich Village regeneration plans submitted Feb 7, 2024 Plans to transform the centre of Prestwich Village into a thriving heart of the community have been submitted to Bury Council. Prestwich Regeneration LLP – the joint venture between nationwide placemaker Muse and Bury Council – has lodged a planning application for the £100m+ regeneration of the Longfield Centre site. The ambitious plans are set […] Posted by: Mya Driver Read more
Landmark agreement brings Hilton Hotel to St Helens Town Centre Oct 31, 2024 St Helens Borough Council and ECF have signed a franchise agreement with Hilton, the leading global hospitality company, for a new 120-guest room Hampton by Hilton St Helens hotel. ECF, a partnership between Homes England, Legal & General and Muse, is delivering the project with the Council as part of a once-in-a-lifetime regeneration programme now […] Posted by: Mya Driver Read more
Landsec acquires a 92% stake in Liverpool ONE shopping centre Dec 17, 2024 Landsec announces that it has acquired a 92% stake in Liverpool ONE, one of the premier shopping centres in the UK, from a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) (69%) and Grosvenor (23%) for an overall consideration of £490m. Of this total consideration, a payment of £35m to ADIA is deferred […] Posted by: Mya Driver Read more
