Palace Capital nears completion of disposal strategy with two further sales Dec 20, 2021 Palace Capital, the Main Market property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office and industrial sectors, announces that it has completed the sale of Russell House, Walton on-Thames, Surrey for £2.625 million and exchanged contracts to sell […] Posted by: Mya Driver Read more
Palace Capital offloads office in £9.6m deal Aug 2, 2023 Palace Capital announces that it has sold 22 Market Street, an office property in Maidenhead to a client of Soor Capital for £9.6m. The sale price reflects a net initial yield of 7.3%, equating to a net price of £9.0m (after rent incentives), which is 9.7% ahead of the 31 March 2023 book value. Following the […] Posted by: Mya Driver Read more
Panattoni agrees double deal in Aylesford with land purchase and pre-let Aug 2, 2022 Panattoni, the largest logistics real estate developer in the UK and Europe, has agreed a relocation deal with Marley, a UK leader in the manufacture and supply of pitched roof systems to the construction market, that involves Marley relocating to Panattoni Park Aylesford and Panattoni securing a prime site from Marley in Wrotham. Marley has […] Posted by: Mya Driver Read more
Panattoni Expands Sittingbourne Development with Additional 10 Acres May 9, 2024 Panattoni, the logistics property developer, has recently acquired an extra 10 acres of land in Swale, Kent, escalating its total investment in the region to £170 million. This new acquisition is part of an ambitious plan to establish a 36-acre logistics park in Sittingbourne, aiming for net zero carbon emissions. The initial phase of construction […] Posted by: David Gilbank Read more
Panattoni submits plans for 200,000 sq ft logistics development May 30, 2022 Panattoni, the largest industrial real estate developer in Europe, has submitted plans for a 199,672 sq ft speculative, last-mile logistics development in Crawley.The detailed planning application for Panattoni Park Crawley, submitted to Crawley Borough Council, is for a semi-detached unit of 134,012 sq ft and 65,660 sq ft, which could be combined into one unit […] Posted by: Leon Newton Read more
Panattoni to speculatively develop two plots at Aylesford Park Jun 14, 2022 Panattoni, the largest industrial real estate developer in Europe, will speculatively develop the final two units at its sustainable logistics development in Aylesford, Kent, after agreeing pre-lets for the rest of the space. The two units of 100,000 sq ft and 130,000 sq ft at Panattoni Park Aylesford, which are expected to be completed in […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
PATRIZIA invest in 281-home BtR scheme in Reading Dec 20, 2021 PATRIZIA AG, a leading partner for global real assets, has on behalf of its institutional clients invested in a turn-key build-to-rent (BTR) development in Reading for an undisclosed sum. Olivers Place is a collection of 281 high quality BTR properties comprising a mix of one, two and three-bedroom apartments. The homes have been acquired from […] Posted by: Mya Driver Read more
Peel L&P unveils mixed use development masterplan for 90-acre site Dec 15, 2021 The masterplan for the redevelopment of Chatham Docks Industrial Estate has been unveiled by regeneration business Peel L&P as it sets out its early vision for the area. The 90-acre site will feature approximately 3,600 new homes, a one million square foot new employment zone which will create in excess of 2,000 new jobs as […] Posted by: Mya Driver Read more
Pennyfarthing Homes submits plans for 74-new homes Nov 19, 2024 Pennyfarthing Homes has submitted a planning application for 74 new homes in Fordingbridge as part of its plans to build a neighbourhood of 342 homes on the northern edge of the Hampshire market town. The new development which is part of the wider scheme known as Forde Valley and follows Pennyfarthing’s popular Whitsbury Green development, […] Posted by: Deividas Krupstas Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
PIC announces further £80m investment into urban regeneration Feb 9, 2022 UKREiiF attendee Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has agreed to fund and acquire a key centrally located development in Milton Keynes for its third Build-to-Rent project. The £80 million redevelopment of a brownfield site will provide 306 new residential apartments, 43 of which will be affordable housing. […] Posted by: Mya Driver Read more
