Scannell and Royal London Asset Management Property received final go-ahead for 33-acre logistics scheme in Tunbridge Wells Feb 5, 2025 Scannell Properties and Royal London Asset Management Property have received detailed planning permission for TN2 Gateway, a new development of prime warehouse and industrial facilities in Tunbridge Wells, Kent. Construction has now started on the scheme which will deliver over 500,000 sq ft of much-needed warehousing accommodation with ancillary office space. The development comprises nine […] Posted by: Deividas Krupstas Read more
Schroders Capital completes £35 million off market acquisition Jul 11, 2024 Schroders Capital’s real estate team, acting on behalf of Greater Manchester Pension Fund (“GMPF”), has successfully completed the off-market acquisition of Brackmills Central Industrial Estate in Northampton from M&G Real Estate for £35 million, reflecting a capital value of £128 per sq ft. The 272,000 sq ft estate comprises 31 units ranging from 3,000 to […] Posted by: Mya Driver Read more
SEGRO Acquires retail park with data centre redevelopment potential in Slough Jan 12, 2023 SEGRO plc has acquired Bath Road Shopping Park in Slough, from Royal London Asset Management for £120 million. The retail park is strategically located next to the Slough Trading Estate and covers approximately 11.4 acres. It includes 10 retail warehouse units, roughly one third of which are currently vacant thereby providing immediate opportunities for asset […] Posted by: Mya Driver Read more
Sheerwater Regeneration Project Awaits £57.7m Funding Oct 13, 2023 The Sheerwater Regeneration Project, a cornerstone of Woking Borough Council’s urban development initiatives, is on the brink of a significant financial boost. The council has formally approached the government, seeking a hefty £57.7 million to wrap up three pivotal phases of the project. The government commissioners, currently collaborating with the council under its Section 114 […] Posted by: Mya Driver Read more
Silbury Finance facilitates £22m for Hove residential development Nov 4, 2022 The Oaktree Capital Management-backed lender agreed the 17-month facility at 70% LTGDV. It will support Stonegate’s transformation of a vacant office block into 100 residential flats arranged over seven floors. The scheme will include a mix of one-and-two-bed apartments and penthouses with panoramic views across Brighton and the coastline. Some 25% of the homes are […] Posted by: Mya Driver Read more
Silbury Finance provides £39 million loan for 20-acre brownfield site acquisition in Dorking, Surrey Apr 17, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £39 million senior loan to Stonegate Homes, the residential developer focused on brownfield site regeneration in the Homes Counties. The 12-month facility, at 90% Loan to Cost, will fund the acquisition of a 20 acre brownfield site in Dorking, Surrey, where Stonegate Homes […] Posted by: Mya Driver Read more
Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Mya Driver Read more
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 Dec 13, 2023 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 Read more
South East office investment hit record £4bn in 2021 Jan 12, 2022 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 […] Posted by: Mya Driver Read more
South Oxfordshire Council Invites Input on Exciting New Housing Proposals Apr 19, 2024 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 […] Posted by: Mya Driver Read more
Southampton Retail Park Joins M Core’s Portfolio in £35m Deal Nov 21, 2023 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, […] Posted by: Mya Driver Read more
Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme Sep 26, 2022 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 […] Posted by: Mya Driver Read more
