St. Modwen Logistics invests £126m to build eight units across the South-West Oct 6, 2022 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, will invest a further £126m to deliver highly sought-after warehouse and office space across the South-West. With the South-West recently identified as one of the fastest growing economic regions in the UK1, St. Modwen Logistics will meet customer demand by developing a total […] Posted by: Mya Driver Read more
Stoford and Church Commissioners JV to develop 500,000sq ft of industrial space Mar 1, 2022 Leading commercial property developer, Stoford has announced a new site wide agreement with the Church Commissioners for England that will unlock future phases of development at a job creating industrial scheme in East Devon. The agreement paves the way for the development of an additional c.500,000 sq ft of industrial/logistics accommodation at Exeter Logistics Park, […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires four assets for £76.4m Aug 23, 2022 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 four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] Posted by: Mya Driver Read more
Terra submits hybrid planning application for 49-acres of Swindon new Eastern villages allocation Sep 13, 2022 Terra has submitted a hybrid planning application for a total of 248 new homes across a 49-acre area east of Swindon. The Outline application lodged with Swindon Borough Council is for 128 one-, two-, three-, and four-bedroom homes. The 248 homes will be specified to the highest EPC rating of A. The elevation design and architectural […] Posted by: Mya Driver Read more
The PG Group secures £7.4m Paragon Bank finance for Bristol apartments scheme Jul 13, 2023 Paragon Bank’s Development Finance division has provided a £7.4m finance package to support the development of 34 apartments by The PG Group in Redcross Mews, Bristol. The Redcross Mews development consists of 34 one, two and three-bedroom flats, five of which will be shared ownership. Construction is set to complete in Summer 2024. The PG […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
Torbay Council Announces £100 Million Deal Following Participation in UKREiiF Annual Event Oct 4, 2023 Alan Denby, Director of Pride in Place at Torbay Council, has announced a groundbreaking deal expected to be worth over £100 million. This monumental agreement comes as a direct result of Torbay Council’s participation in The ‘UK’s Real Estate Investment & Infrastructure Forum’ (UKREiiF) annual event held in Leeds. Denby expressed his enthusiasm, stating, “We’ve […] Posted by: Mya Driver Read more
Torbay Council latest name to sign up for UKREiiF 2023 Dec 7, 2022 Torbay Council have announced their partnership with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Unitary local authority, Torbay Council have confirmed their exhibition space at the event next year, where they will showcase their place to over 6,000 delegates, including, investors, developers, […] Posted by: Mya Driver Read more
Torquay Town Board Confirms Success of Torbay’s Regeneration Partnership Apr 12, 2024 Torbay’s efforts to revitalise its townscape are gaining momentum, with Torquay’s Town Board praising the positive outcomes from recent partnerships aimed at enhancing the area. Torbay Council, alongside Willmott Dixon and Milligan, known collectively as WDM, are steering redevelopment projects with an eye on long-term benefits for the locale. Since November 2023, when the collaboration […] Posted by: Mya Driver Read more
TRIG Expands Green Portfolio with Acquisition of Battery Storage Firm Fig Power Feb 15, 2024 The Renewables Infrastructure Group (TRIG), known for its investments in green energy, has announced the acquisition of Bristol-based battery storage developer Fig Power. This move adds a significant 1.7GW development pipeline to TRIG’s portfolio, which includes 400MW of projects with grid connection offers and an additional 1.3GW on exclusive sites. The acquisition, involving 100% equity […] Posted by: Mya Driver Read more
Truro’s Pydar Regeneration Scheme Receives £18.2 Million Boost Apr 19, 2024 The Pydar Regeneration Scheme in Truro is set to proceed, with Cornwall Council committing an additional £14.804 million to its capital programme, including £10 million specifically for Pydar. This funding will enable the transformation of former council buildings into a vibrant new development featuring housing, student accommodation, and a hotel. The planned project at Pydar […] Posted by: Mya Driver Read more
UKCM agrees £14.5 million sale of Bristol office building to Tri7 Mar 1, 2024 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has sold its 67,000 sq ft office building in Temple Quay, Bristol, to Tri7, a value-add real estate investment and asset management firm. 2 Rivergate in Temple Quay, Bristol, has been sold for £14.5 million, which is in line with the […] Posted by: Mya Driver Read more
