Built Environment Networking Blog: South East News

Oxford-Cambridge Arc providing regional boost for construction

The government’s recent decision to revive the concept of an Oxford-Cambridge Arc as a British version of Silicon Valley has underlined the potential for new development across a broad area linking the two university cities. The government has committed £2.5 million to a new regional partnership to attract international investment to the area. Meanwhile, before […]

Posted by: Mya Driver

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Oxpens Development in Oxford Moves Forward with Ambitious Plans

The Oxpens development in Oxford, designed by Hawkins Brown, is moving forward with ambitious plans for the city. The 15-acre riverside site is set to host nearly 500 homes, 500,000 sq ft of office space, and a 250-bed hotel. The developer, Oxwed, a joint venture of Nuffield College and the city council, submitted an outline […]

Posted by: Mya Driver

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Oxwed’s planning application validated

OXWED LLP, the joint venture between Nuffield College and Oxford City Council, is excited to announce that the planning applications for the regeneration of the Oxpens site have been submitted and validated by Oxford City Council. In line with the recently adopted Supplementary Planning Document for Oxford’s West End and the Council’s Economic and City […]

Posted by: Mya Driver

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Palace Capital acquires Maidenhead office building for £10.25m

UKREiiF attendee 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 & industrial sectors, announces that it has acquired 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 […]

Posted by: Mya Driver

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Palace Capital dispose of industrial asset in £3.2m deal

Palace Capital announces that it has sold, in an off-market transaction, its industrial property in Plymouth for £3.2m, marginally ahead of the 30 September 2022 book value and only 2.6% below the 31 March 2022 book value. The proceeds of sale have been used to reduce the Company’s gross and net debt which now stands […]

Posted by: Mya Driver

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Palace Capital nears completion of disposal strategy with two further sales

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

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Palace Capital offloads office in £9.6m deal

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

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Panattoni Expands Sittingbourne Development with Additional 10 Acres

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

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Panattoni submits plans for 200,000 sq ft logistics development

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

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