Built Environment Networking Blog: North West News

Joint Venture launches MIX MANCHESTER – Airport-based Science, Innovation Manufacturing campus

A revised masterplan has been developed which will see the creation of the UK’s best-connected science, innovation, and manufacturing campus at Manchester Airport. MIX MANCHESTER will be one of the largest science and innovation campuses in the UK, delivering 2 million sq ft of high-quality advanced manufacturing and science space. It will be the only […]

Posted by: David Gilbank

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JR Capital and Chancerygate £150m urban logistics multi-let fund acquired Liverpool’s North and South Harrington Buildings for £9 million

JR Capital and Chancerygate’s 150m multi-let urban logistics investment fund has acquired Brunswick Business Park’s North and South Harrington buildings in Liverpool for £9m. The 120,000 sq ft fully let industrial estate was acquired from CEG. Located less than one mile south of the city centre with frontage on the A5036 Sefton Street, the North […]

Posted by: Mya Driver

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JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions

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

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Kerakoll Group Acquires Land for New Production and Distribution Facility in Preston

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

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KKR and Mirastar Acquire Northern Logistics Portfolio

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

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Knowsley approves Prescot Gas Works resi

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

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Knowsley Council Greenlights Transformative Huyton Town Centre Redevelopment

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

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Knowsley’s Capitol Trading Park acquired for £9.45 by £150m ULIF

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

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L&G Initiates Sale of Manchester Mixed-Use Property

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

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Lamington Group plans three new net zero room2 hometels in the UK

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

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