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
Landsec Considers Major Investment in Liverpool One Shopping Centre Aug 23, 2023 Landsec, one of the UK’s leading Real Estate Investment Trusts (REITs), is reportedly eyeing a £350 million investment for a controlling 69% stake in Liverpool One, the prominent shopping centre in the heart of Liverpool. The stake is presently held by Abu Dhabi Investment Authority (ADIA), which has engaged JLL to seek a buyer. Liverpool […] Posted by: Mya Driver Read more
Laura Percy joins U+I to lead £1.5bn Mayfield project Jan 13, 2023 With over 15 years’ experience in real estate investment and development, Laura brings a passion for long-term place curation to lead the team at Mayfield as the scheme builds on the successful delivery of Mayfield Park and moves towards its first phase of building development. Laura arrives with a wealth of experience and success in […] Posted by: Mya Driver Read more
Leading Property Names form Partnership to Deliver Upper Brook Street Masterplan Mar 14, 2023 McLaren Property, Property Alliance Group (Alliance), Moda Living and Kadans Science Partner are working collaboratively to deliver a masterplan vision for Upper Brook Street, Ardwick in Manchester. The parties involved are working with Manchester City Council, to transform the suite of sites and deliver an exemplary new neighbourhood for the city. The consortium has today […] Posted by: Mya Driver Read more
Legacie Announces £200M Residential Project in Liverpool Aug 21, 2023 Liverpool-based developer Legacie has revealed its ambitious plans for a £200 million residential project near Liverpool’s city centre. The Gateway scheme, designed by Falconer Chester Hall, will be situated on Leeds Street and will consist of 656 flats, ranging from one to three bedrooms. The development will feature four towers, each rising to 15 stories, […] Posted by: Mya Driver Read more
Leumi UK completes loan to fund a consented residential site in Manchester’s Salford Quays Apr 24, 2023 Specialist property lender Leumi UK has agreed to a £13.75 million short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester. The site has hybrid planning consent for 1,493 Build to Sell residential units, 475 hotel beds, as well as 31,000 sq ft […] Posted by: Mya Driver Read more
Levelling up investment unlocks £300 million Blackpool regeneration Nov 11, 2022 A significant regeneration project that will deliver new leisure facilities, create jobs, boost tourism, and help level up Blackpool has been announced by Michael Gove today (11 November 2022) in his first major intervention since being reappointed as Secretary of State for Levelling Up. The ambitious Blackpool Central project had stalled because there was no […] Posted by: Mya Driver Read more
