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
Milton Keynes Set for Major Revamp with Brunel Centre Redevelopment Feb 28, 2024 Milton Keynes City Council is gearing up to endorse a transformative plan for the Brunel Centre and adjacent former retail spaces in Bletchley, envisioning a bustling hub of housing and leisure. This redevelopment of the 6.4-acre site is anticipated to incorporate high-density residential areas alongside a variety of leisure facilities, potentially embracing high-rise structures. Following […] Posted by: Mya Driver Read more
Mission Street and BentallGreenOak joint venture to deliver new 23-acre science district for Cambridge Oct 12, 2022 In a major boost to the UK’s life sciences sector, Mission Street and BentallGreenOak (BGO) will deliver a world-class science and innovation campus less than 10 minutes east of the city centre, following the acquisition of a 23-acre site on Coldham’s Lane in Cambridge. This is the fifth and largest acquisition by the specialist science […] Posted by: Mya Driver Read more
Mixed-use developer Socius to partner with Railpen to deliver Botanic Place, a major new office development in Cambridge Jan 18, 2023 Mixed use developer Socius is pleased to confirm a partnership with Railpen, the investment manager for the £35 billion railways pension scheme for Botanic Place, a major new office development in Cambridge city centre. Railpen acquired Botanic Place, which is adjacent Cambridge Botanic Gardens and close to the city centre and primary rail link, in […] Posted by: Mya Driver Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 23, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Mya Driver Read more
Mortimer Street Capital Seals £4.1m Development Exit Agreement Apr 30, 2024 Mortimer Street Capital has finalised a £4.1 million development exit bridging facility for a client who recently completed a 22-unit scheme within a gated development in Surrey. Following the completion of the scheme with new build warranties in place, the client sought to refinance the existing development finance facility. Their aim was to lower their […] Posted by: David Gilbank Read more
Network Rail Boosts Environmental Credentials with Biodiversity Units Purchase for Cambridge Station Jan 3, 2024 Network Rail has bolstered its environmental strategy with the acquisition of 65 biodiversity units from Cambridgeshire County Council. The move is part of the company’s efforts to offset the environmental impact of the new Cambridge South railway station and is in line with upcoming regulations mandating biodiversity net gains for new developments. The new railway […] Posted by: Mya Driver Read more