Life sciences real estate investment within the ‘Golden Triangle’ totals £496m in Q1 2023 May 2, 2023 Investment into commercial real estate for the UK’s life sciences sector in the Golden Triangle, the area spanning London, Cambridge and Oxford and the UK’s leading market for life sciences and innovation, totalled over £496m in Q1 2023, according to leading global property adviser Knight Frank. This figure represents the highest first quarter investment total […] Posted by: Mya Driver Read more
Local authority acquires site to deliver 1,000 affordable homes Jun 13, 2022 Maidstone Borough Council (MBC) has just completed the purchase of the former Springfield library site on Sandling Road. Cllr David Burton, Leader of Maidstone Borough Council has set out the ambition to initially acquire 1000 houses under MBC ownership and control which will be reserved for Maidstone people at affordable rents. The policy move, has […] Posted by: Leon Newton Read more
LondonMetric acquires £16m Luton urban logistics warehouse Feb 9, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of an urban logistics warehouse in Luton from Marcol Industrial Investments for £15.5 million. The 168,000 sq ft property is located on Luton Enterprise Park, close to Luton town centre and J11A of the M1. It is let to two occupiers with a WAULT of three years. The […] Posted by: Mya Driver Read more
M7 capital provides £7.4m loan to support acquisition of a shopping centre in Kent Feb 14, 2023 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £7.4 million loan to David Samuel Properties. The loan is secured against Bouverie Place shopping centre located in the coastal town of Folkestone in Kent comprising multiple units that extend to a […] Posted by: Mya Driver Read more
Macquarie Asset Management agrees to acquire majority stake in Southern Water Aug 11, 2023 Macquarie Asset Management has today announced it has reached an agreement to acquire a majority stake in Southern Water Services Limited (‘Southern Water’). Southern Water provides essential services to 2.6 million water and 4.7 million wastewater customers across Kent, Sussex, Hampshire, and the Isle of Wight. Under the agreement reached with Southern Water’s existing shareholders, […] Posted by: Mya Driver Read more
Macquarie Asset Management divests East Anglia ONE stake May 1, 2024 Macquarie Asset Management has reached an agreement to divest a 10 per cent stake in East Anglia ONE offshore wind farm to NTR, a leading renewable energy specialist (on behalf of the L&G NTR Clean Power (Europe) Fund (the “Fund”) and one of the Fund’s investors, The Development Bank of Japan Inc). East Anglia ONE […] Posted by: David Gilbank Read more
Maidstone Council committed to deliver 1,000 affordable homes Dec 19, 2022 Maidstone Borough Council (MBC) has commenced an ambitious project to build 1,000 new affordable homes in the borough and has started to make positive strides to achieve this. MBC recognises the need for more affordable housing in the area and is determined that those in the local community who may not be able to afford […] Posted by: Mya Driver Read more
Major 850 home Portsmouth development to get go-ahead Jan 13, 2023 Plans to transform an ‘unattractive and derelict’ site in Tipner East, Portsmouth are likely to be approved next week. The scheme will see the site redeveloped into a vibrant new waterfront community, delivering much-needed, high-quality homes for the city of Portsmouth. The hope is for the site to deliver between 750 and 850 new homes, […] Posted by: Mya Driver Read more
Malaysian Firm Acquires Former Shredded Wheat Site in Hertfordshire for Development Jan 5, 2024 IJM Land, a UK subsidiary of Malaysia’s IJM Land, has recently purchased the historic site previously occupied by cereal giant Shredded Wheat in Welwyn Garden City, Hertfordshire. The deal, overseen by appointed receiver CBRE, paves the way for a major mixed-use development on the 11-acre site. The site, known for its long-standing association with Shredded […] Posted by: Mya Driver Read more
Marshgate Group and Nuveen Real Estate complete forward funding deal at Horizon 120 Braintree Oct 19, 2022 Nuveen Real Estate has agreed to forward fund the development of “Eos”, a new 121,230 sq ft, high quality industrial/hi-tech scheme in Braintree, Essex, providing nine units ranging from c.8,000-20,000 sq ft. The development forms part of Horizon 120, an exemplar business park for the region capable of providing in excess of 750,000 sq ft […] Posted by: Mya Driver Read more
Marshgate Group delivers largest speculative “mid box” logistics scheme in Essex at Horizon 120, Braintree Mar 8, 2023 Marshgate Group announces the practical completion of Hyperion, a new 160,000 sq ft “mid box” scheme forward funded by CBRE Investment Management, located in Braintree, Essex. The three detached units, ranging between 31,000 sq ft and 76,700 sq ft, have been constructed to a high specification and comply with sustainable environmental standards (EPC A and […] Posted by: Mya Driver Read more
Martin’s Properties ‘still have £65m of cash to invest’ after buying retail and shed portfolio for £23.1m Sep 27, 2022 London real estate company Martin’s Properties has snapped up a portfolio of four assets comprising a combined 130,000 sq ft in the South East for £23.1m. The four freehold assets, spanning 10 acres, include a Wickes retail warehouse in St Albans, Andover Retail Park in central Winchester and Speedfield Retail Park in Fareham, plus a […] Posted by: Mya Driver Read more
