Built Environment Networking Blog: South East News

Untold Living Unveils Plans for Eastbourne Seafront Retirement Community

Untold Living, a developer-operator specialising in later living, has announced plans for a new integrated retirement community (IRC) in Eastbourne. The scheme, involving the construction of 139 homes, is set to be developed at Sovereign Harbour, a prime seafront location. The project, backed by Matter Real Estate, follows the recent acquisition of a 2.5-acre site […]

Posted by: Mya Driver

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Urban logistics specialist continues expansion in East London

Urban logistics specialist Valor Real Estate has bought yet another asset in East London. Valor has established a €1bn portfolio, comprising more than 90 assets and 6million sqft in just over four years, by focussing on central warehouse facilities in London and Paris, And today (April 15) it announced the purchase of its eighth such […]

Posted by: Mark Flanagan

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Urban&Civic to acquire L&Q Estates from L&Q Group

London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […]

Posted by: Mya Driver

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UTB and LDS Collaborate on £10m Essex Apartment Project

United Trust Bank (UTB) and LDS Sales Guarantees have joined forces to back the construction of a 27-unit apartment complex in Essex, boasting a Gross Development Value (GDV) close to £10 million. The partnership is part of a 92% Loan to Cost (LTC) agreement, wherein LDS has provided a sales guarantee, finalized in just over […]

Posted by: Mya Driver

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Walton: key residential development opportunity launches

Milton Keynes Development Partnership (MKDP) has launched marketing of its development site west of Walton Manor and south of Groveway. Occupying 15.6 acres in the southeast of the city, the site has outline planning consent for up to 174 homes. The residential development land is accompanied by an additional 7.2 acres of open space and […]

Posted by: Mya Driver

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Warehouse REIT acquires MLI asset in £62m deal

Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire Bradwell Abbey Industrial Estate, for £62 million excluding acquisition costs. The purchase price reflects a net initial yield of c. 4% based on day one passing / guaranteed income […]

Posted by: Mya Driver

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Warehouse REIT expands OxCam Arc footprint with £35m MLI acquisition

Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire, via a forward funding agreement, a 170,000 sq. ft multi-let industrial development in Thame, Oxfordshire. The total commitment is £35 million. A partnership between W Lamb Ltd, Blakelands and […]

Posted by: Mya Driver

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Wates and Guildford Borough Council to deliver 248 new homes

Wates Group, the family-owned development, building, and property maintenance company, has today announced a significant new partnership with Guildford Borough Council (GBC) to develop a site in the heart of Guildford. The £86 million project will transform a car park site into a vibrant urban neighbourhood, delivering up to 248 new homes with a commitment […]

Posted by: Mya Driver

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West Berkshire Council to sell £62m Commercial Property Portfolio

In a strategic financial move, West Berkshire Council is set to sell its commercial property portfolio valued at up to £62 million. The portfolio, which includes a variety of assets such as supermarkets, commercial warehousing, a bank, and a petrol station, is a part of the council’s plan to reallocate financial resources and support its […]

Posted by: Mya Driver

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Weston Homes announces landmark BTR partnership on £110m Bracknell Beeches development with Royal London Asset Management

Weston Homes announces its first major forward fund deal with Royal London Asset Management to develop the £110.1 million Bracknell Beeches into a Build-To-Rent (BTR) scheme. Under the terms of the agreement, Royal London Asset Management will purchase the entire Bracknell Beeches site and development from Weston Homes, while also entering into a Development Agreement […]

Posted by: Deividas Krupstas

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