Frasers Group Poised to Acquire Fremlin Walk Shopping Centre in Maidstone Aug 22, 2024 Frasers Group, owned by Mike Ashley, is preparing to expand its retail portfolio with the acquisition of Fremlin Walk, a prominent outdoor shopping centre in Maidstone. The purchase is being made from M&G Real Estate, furthering Frasers’ active involvement in the UK’s retail property market. Fremlin Walk, which spans 350,000 square feet and opened in […] Posted by: David Gilbank Read more
FTSE 250 REIT sells 2 properties for £28 million Nov 1, 2022 LondonMetric Property Plc (“LondonMetric”) has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The separate transactions comprise: • a 61,000 sq ft retail park in Tonbridge, for £22.0 million, reflecting a NIY of 5.25%. Acquired for £11.5 million in 2013 when it was let to B&Q and Halfords, LondonMetric accepted a […] Posted by: Mya Driver Read more
Fund advised by DRC Savills Investment Management finances mixed-use portfolio in Cambridge owned by Tristan Capital Partners Jan 22, 2024 A fund advised by European investment advisor, DRC Savills Investment Management LLP (“DRC SIM”), has provided a whole loan to finance the acquisition of a portfolio of four industrial and office assets at Dales Manor Industrial Park purchased by EPISO 6, a fund managed by Tristan Capital Partners (“Tristan”). The portfolio, located in southern Cambridge, […] Posted by: Mya Driver Read more
Funding 365 completes £6.5m development exit bridging loan Nov 11, 2022 Funding 365 has completed a £6.5 million bridging loan at 70% LTV to refinance two apartment blocks in Maidenhead. The 9 month loan, introduced by West Rock Capital, enables the developer borrower to exit their development funding and complete the sale of multiple units. Funding 365 took security over 33 apartments across the two blocks, […] Posted by: Mya Driver Read more
Galliard acquires three development sites Jan 24, 2022 Galliard Homes has acquired three key London commuter sites for £265m of residential development. The deals for sites in Redbridge, Ipswich and Milton Keynes follow a successful period last year when Galliard sold out schemes with a combined development value in excess of £800m. In the biggest deal, Galliard has acquired ‘The Point’, a former […] Posted by: Mya Driver Read more
Gen Two bolsters Cambridge life sciences portfolio with acquisition of third asset Jan 22, 2024 Gen Two Real Estate, the family-run life sciences developer and investor, has exchanged on a 10,800 sq ft high-quality life sciences building, ahead of completing on the deal later this year. This will mark the company’s second acquisition in Whittlesford, Cambridge, and its third within the South Cambridge bio-tech cluster, as the company continues to […] Posted by: Mya Driver Read more
Get Living and Watkin Jones agree £71m forward funding for BtR scheme Jul 27, 2022 Get Living, the UK’s pioneer of large-scale build to rent neighbourhoods and Watkin Jones, the UK’s leading developer and manager of residential for rent homes have agreed a c.£71 million forward funding deal to deliver 214 new rental homes at Randalls Way, Leatherhead. The development will be the first operational BTR scheme in Leatherhead, which […] Posted by: Mya Driver Read more
Goldmoney Inc. Establishes Real Assets Investment Strategy with First Acquisition of Commercial Property in the UK Jun 27, 2023 On June 26, 2023, Goldmoney Properties completed the acquisition of a landmark 219,258 (GIA) square foot Class A building near the Port of Southampton from Aviva Investors Lime Property Fund for consideration of £33 million (CAD $55.4 million) in an all-cash transaction. Built in 2009 by a subsidiary of Land Securities Corp, the property is […] Posted by: Mya Driver Read more
GRE Finance lends £10m for office redevelopment and value-add hotel projects May 17, 2024 GRE Finance, a specialist lender to the UK Real Estate market, has completed two loans, worth c. £10 million, secured against a £50m GDV planning reposition deal and an operational country house hotel, as the firm continues to expand its loan book amid significant opportunities for lending against value-add real estate assets. GRE Finance has […] Posted by: David Gilbank Read more
Green Light for 58-Acre Former Vauxhall Site Redevelopment in Chalton Oct 20, 2023 The former Vauxhall Aftersales site in Chalton, covering a vast 58 acres, has been approved for redevelopment, with the potential to create up to 1,500 new jobs. Goodman Logistics Developments (UK) Limited, the developer behind the project, has successfully secured permission to amend six of the initial planning conditions. Previously, the site off Luton Road […] Posted by: Mya Driver Read more
Green light for Gen Two’s 125,000 sq ft Cambridge life sciences hub Nov 9, 2023 Gen Two, the family-run life sciences developer and investor, has received a resolution to grant planning permission for the development of a new 125,000 sq ft next generation life sciences hub in Cambridge. Following a unanimous consent decision by South Cambridge District Council today, Gen Two is aiming to commence construction at ‘Alchemy’ – a […] Posted by: Mya Driver Read more
Green light for Oxford North’s Red Hall expansion to provide greater amenity, meeting, co-working and workspace Mar 24, 2023 Plans to enhance and expand the Red Hall, which will be built at the heart of Oxford North, the new innovation district, which were submitted by Oxford North Ventures, the joint venture company of Thomas White Oxford, the development company of St John’s College, Cadillac Fairview and Stanhope, have been resolved to be approved by Oxford City Council at their planning committee […] Posted by: Mya Driver Read more
