Built Environment Networking Blog: South East News

Silbury provides Octopus Real Estate & PIC joint venture with Audley Group with £66 million sustainability linked acquisition & development loan for luxury retirement scheme in Surrey

Silbury Finance, the Oaktree Capital Management-backed development lender, has provided a joint venture vehicle (“JV”) established by Audley Group and Senior Living Investment Partners (the partnership between Pension Insurance Corporation plc (“PIC”) and Octopus Real Estate, a leading specialist real estate lender and investor), with a £66.5 million loan. The 53-month senior facility will fund […]

Posted by: Mya Driver

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South East office investment hit record £4bn in 2021

The South East office market saw a record £4.02 billion of investment turnover in 2021, more than double the 2020 figure of £1.93bn and 45% above the 10-yr annual average for the region. The year also witnessed a record Q4, which saw £1.54 billion of office stock traded. Overseas capital accounted for 59% of investment […]

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South Oxfordshire Council Invites Input on Exciting New Housing Proposals

South Oxfordshire District Council has launched a public consultation on its latest council plan, which includes proposals for new council homes. The plan, titled ‘The Way Ahead’, is designed to guide district policies and initiatives through to 2028, focusing on creating a more inclusive and thriving community. Residents, businesses, community groups, and other stakeholders are […]

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Southampton Retail Park Joins M Core’s Portfolio in £35m Deal

M Core, one of the UK’s leading commercial property collectives, has expanded its portfolio with the acquisition of Southampton’s Antelope Retail Park, a key part of a £35 million investment encompassing several retail centres. The Antelope Retail Park, boasting an expansive 138,000 sq ft area, hosts a variety of popular stores including The Range, Lidl, […]

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Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme

Hertfordshire is to get an entirely new town centre, with plans submitted today for the £500m Brookfield Riverside development in Cheshunt. Designed by Lyons+Sleeman+Hoare, the 1m sq ft Brookfield Riverside will rise at the intersection of the M11 and M25 motorways. Sovereign Centros are in a development partnership with Peveril Securities. The parties were appointed […]

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Sovereign snaps up Farnborough shopping centre for £17.6 million

Sovereign Housing Association has bought the Princes Mead Shopping Centre and two adjacent retail assets in Farnborough for £17.6 million from Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI). The acquisition provides an opportunity for the 61,000-home housing association to bring forward a residential-led, mixed-use regeneration in the heart of […]

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St Arthur Homes secures £44m deal to secure new homes in Hampshire

As St Arthur Homes prepares for the launch of its second phase of homes at Whiteley Meadows, Winchester, the company has acquired a further 118 homes at the development in a deal in excess of £44 million. Combining a selection of mainly family houses and some apartments, St Arthur Homes’ latest acquisition will deliver 104 […]

Posted by: Mya Driver

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St. Modwen acquires 170,000 sq ft Hatfield distribution centre

St. Modwen, a leading logistics developer and manager, has acquired a c.170,000 sq ft cross-docked distribution centre in Hatfield, Hertfordshire. The high-specification distribution warehouse is located on the Hatfield Business Park, one of the South East’s premier distribution centres located  close to the A1 and M25, and just 22 miles north of Central London. The […]

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Strawberry Star’s BtR arm launches 115-unit project

Strawberry Star Group has today announced the launch of Star Living Gravesend, a high-quality Build-to-Rent (BTR) scheme on Bath Street, Gravesend, Kent. The development will include 115 units, ranging from one-, two-, and three-bedroom apartments. The launch of Star Living Gravesend is the second such unique development after Star Living Harlow which was announced recently […]

Posted by: Mya Driver

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Supermarket Income REIT acquires two assets in £83m deal

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and the acquisition of an Asda supermarket in Carcroft, Doncaster, for a total purchase price of £82.9 million […]

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Sussex 69-home development approved

Plans to create 69 homes on an old brickworks site in Midhurst have been approved by the South Downs National Park Authority. The new homes will be built on the old West Sussex County Council depot site, in Bepton Road, with 36 per cent classed as affordable.

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Telford Unveils Plans for 8,500 New Homes in Major Sustainable Expansion

Telford and Wrekin’s updated Local Plan, set for consultation next week, presents an ambitious vision for the borough’s growth, spotlighting three significant areas for sustainable urban expansion. The proposed developments include a site near Shawbirch for 2,100 homes, 3,700 properties off the A442 at Wheat Leasowes, and another 2,700 homes east of Muxton. These housing […]

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