Allegra Care and Moorfield close in on £125M portfolio Dec 1, 2022 A joint venture (‘JV’) between Allegra Care, a UK-focused care home operator, and Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund V (Moorfield), has completed the acquisition of four nursing, dementia and care homes in Bristol and South Gloucestershire. The JV acquired the homes from Grove […] Posted by: Mya Driver Read more
Plans revealed for latest development at Exeter Logistics Park Nov 25, 2022 Stoford has submitted a planning application for a new 42,500 sq ft industrial/warehouse development at Exeter Logistics Park in East Devon. Stoford is lead developer for Exeter Logistics Park and has a long-term site wide agreement with the Church Commissioners for England that will deliver c.500,000 sq ft of high quality industrial/logistics accommodation. The leading commercial property […] Posted by: Mya Driver Read more
Leumi UK agrees to £30 million refinancing loan for Bristol suburb shopping centre Nov 23, 2022 Specialist property lender Leumi UK has agreed a £30 million loan to refinance Yate Retail Shopping Centre and adjacent Riverside Retail Park. The centre and retail park are situated in a dominant position in Yate town centre with excellent road and rail connections to Bristol. Considered an attractive town centre destination with a loyal customer […] Posted by: Mya Driver Read more
Rocket Padel nets debut UK site as sport becomes major hit Nov 23, 2022 Padel, a Scandinavian padel operator, has secured its debut UK site at Riverside Business Park in Bristol, as the brand embarks on its ambitious plans to secure up to 20 new sites throughout the UK. Already hugely popular across Europe and the Nordics, padel is now one of the fastest growing sports in the world. […] Posted by: Mya Driver Read more
Multi-million-pound plans unveiled for new Cheltenham business campus Nov 16, 2022 An office building in Gloucestershire, described as one of it’s largest, is set to be redeveloped into a mixed use campus. The Grange, former HQ of Zurich Insurance in Bishop’s Cleeve, is being developed in a multi million pound project to transform the site on the A435, three miles from Cheltenham town centre. Another 11 […] Posted by: Mya Driver Read more
Plans for 900 homes at former Poole power station site Oct 24, 2022 The largest brownfield regeneration site in the South West has been purchased by BCP Council following a successful £5 million Local Growth Fund investment from Dorset Local Enterprise Partnership (LEP). FuturePlaces is owned by Bournemouth, Christchurch and Poole Councils. Situated in Hamworthy, on the waterfront at Poole Harbour, the 40 acre site was left vacant following the […] Posted by: Mya Driver Read more
Leopard Capital sells Booker Cash & Carry warehouse in Trowbridge for £3.25m Oct 19, 2022 Leopard Capital, the property investment fund, has completed the off-market sale of the Booker Cash & Carry warehouse, Canal Industrial Estate, Trowbridge for £3,250,000, reflecting a Net Initial Yield of 5.59%. Leopard Capital acquired the asset in 2018 for £2,385,000. The asset totals 35,527 sq ft GIA and is let for a further 2.5 years […] Posted by: Mya Driver Read more
Zorin Finance completes £25m PBSA funding in Bath Oct 14, 2022 Aternative property lending group Zorin Finance has completed two Purpose Built Student Accommodation (PBSA) transactions with Rengen Developments and Longacre Developments. The £25 million loan will be split into a development and an investment term loan secured against two mixed-use sites in central Bath. The Scala, Oldfield Park, Bath The £13 million facility will support the […] Posted by: Mya Driver Read more
Edenstone secures £100 million-plus of future plots in the South West Oct 13, 2022 The Edenstone Group is celebrating a successful first year in the South West of England, where it’s secured land for 325 homes with an estimated sales worth of £106 million. As part of its expansion plans, the homebuilder, headquartered in Magor, opened its Southern office in Portishead in September 2021. In its first 12 months, […] Posted by: Mya Driver Read more
Exeter council plans 14,300-homes Oct 6, 2022 The Exeter Plan – the first new local plan for the city in 10 years promises to shape the city’s future development. An initial eight-week consultation on the first draft is now open until Monday, December 5. More will follow before the plan is refined and eventually adopted. Exeter City Council have identified sites across […] Posted by: Mya Driver Read more
