Oxenwood acquires Manchester logistics estate from pension fund in £19m deal May 30, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a multi-let logistics estate near Manchester for £19 million. Located by junction 19 of the M60 orbital motorway in Middleton, four miles north east of Manchester, the 12-acre estate has been acquired from a retained pension fund client of CBRE Capital […] Posted by: Leon Newton Read more
Parkside submits reserved matters planning application Jun 5, 2023 Move marks significant next step in planning process. Parkside Regeneration, the joint venture between St Helens Borough Council and developer Langtree tasked with transforming the derelict former Parkside colliery in Newton-le-Willows, has confirmed submission of its reserved matters planning application for the first phase of development. The move is the next significant step in the […] Posted by: Mya Driver Read more
Peaks and Plains Housing Trust secures £72m funding from Aviva Investors Aug 25, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has completed a deal to provide £72.5 million in funding to Peaks & Plains Housing Trust (‘Peaks & Plains’), a social landlord based in Macclesfield, Cheshire. The agreement will enable Peaks & Plains, which manages over 5000 homes across East Cheshire and the […] Posted by: Mya Driver Read more
Peel L&P prepares to start work on Trafford Waters Jan 4, 2022 Plans have been submitted for the first phase of infrastructure work at Peel L&P’s Trafford Waters mixed-use development in TraffordCity, Greater Manchester which will see up to 3,000 homes, a primary school and almost 20 acres of new public open space built over the next 15 years. The regeneration business has submitted a reserved matters […] Posted by: Mya Driver Read more
Peel L&P’s Northstone brand set for approval on major residential scheme Sep 9, 2022 Plans for Northstone’s sustainable new community of 208 homes, with over a third of those affordable homes, and new community green spaces on land off Victoria Road in Horwich, Bolton have been recommended for approval by Bolton Council’s planning officers. The reserved matters planning application for the first two phases of development of Horwich Golf […] Posted by: Mya Driver Read more
Peel NRE gets go-ahead for UK’s first £165m plastics recycling park Jul 6, 2022 Cheshire West and Chester Council’s have given the green light for Peel NRE to develop the UK’s first plastics recycling park for Protos Place Park at Inces Marshes. The £165m scheme, near Ellesmore Port will create more than 250 jobs for the local economy and process 367,000 tonnes of plastic each year. The project also […] Posted by: Mya Driver Read more
Peel Ports appoints Glencar to build major new £28M portside multi-user warehouse development in Liverpool May 30, 2023 Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by leading UK Port Operator Peel Ports to construct a new 240,000 sq. ft warehouse facility at Alexandra Docks within Peel Ports Port of Liverpool development located in Bootle. The new £28M […] Posted by: Mya Driver Read more
Phase one works to create £1bn Trafford Waters approved Oct 14, 2022 Plans to start building a new mixed-use sustainable community in Trafford with up to 3,000 homes to suit a range of needs, a primary school and almost 20 acres of new public open space have been approved. Trafford Council has granted planning permission for the first phase of infrastructure works at Peel L&P’s Trafford Waters […] Posted by: Mya Driver Read more
PIC forward funds £105 million Net Zero carbon office at First Street in Manchester, let to the UK Government Property Agency Sep 29, 2022 Pension Insurance Corporation (‘PIC’), a specialist insurer of defined benefit pension funds, has agreed to invest £105 million to forward fund a new 130,000 sq ft net zero in operation office to be let to the Government Property Agency (‘GPA’) for 25 years. The new site, which underlines the Government’s commitment to levelling up, will […] Posted by: Mya Driver Read more
PIC invests £130m into Wirral Waters scheme Jan 26, 2022 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has completed a £130 million investment in Wirral Waters One (“WWO”), the cornerstone residential scheme for the broader development of Peel L&P’s Wirral Waters, a 500-acre brownfield site and former dockland. Regeneration specialists Peel L&P has launched a 30-year strategy which will […] Posted by: Mya Driver Read more
Picture This and Progressive Living join forces for Redevelopment Project Jan 22, 2024 UK developers Picture This and Progressive Living have announced their collaboration to bring forth almost 250 residencies on the former site of the Ritz car park. In 2023, Stockport Council approved the sale of the Fletcher Street site to Progressive Living. Since then Progressive Living has teamed up with the recently established developer, Picture This […] Posted by: Mya Driver Read more
Pitalia makes industrial purchase Sep 22, 2022 Pitalia has completed a sale and leaseback investment at a well-known industrial estate in Cheshire – a freehold of a 71,225 sq ft warehouse on the Winsford Industrial Estate for £3.58m. The warehouse will be leased back over ten years to an undisclosed tenant at a rent of £305,000 per annum with a tenant break […] Posted by: Mya Driver Read more
