Impact Healthcare REIT acquires three care homes in Devon and Somerset in £25m deal Jun 1, 2022 The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has recently completed the accretive acquisition of three properties (one in Somerset and two […] Posted by: Leon Newton Read more
Invest in the South West: The UK’s Untapped Economy, A Conversation with David Ralph Dec 20, 2023 In the latest instalment of our ‘Hidden Gems’ series, where we spotlight regions brimming with untapped investment potential, we turn our focus to the Heart of the South West. We’re excited to have David Ralph, Chief Executive Officer at Heart of the South West Local Enterprise Partnership, share insights into what makes this region a […] Posted by: Mya Driver Read more
Investec provides £13.7 million load for first net zero carbon out-of-town office in Bristol Feb 12, 2024 Investec Real Estate (“Investec”) announces that it has provided Commercial Estates Group (“CEG”) with a £13.7 million investment loan, secured against its recently completed 1000 Aztec West office building in Bristol. The facility refinances an existing development loan and is the first transaction between the two parties. Completed in December 2023, the 73,000 sq ft […] Posted by: Mya Driver Read more
Investment in future Solent economy announced Jun 27, 2023 The Solent LEP has today announced key developments in its work to support the Solent economy of the future; the creation of The Solent Cluster and new funding to develop skills in the region. Building on the success of its work to date, which has seen the LEP enable the delivery of nearly 14,000 new […] Posted by: Mya Driver Read more
Isle of Wight Council Seeks Public Input on New Health Facilities Funding Strategy Feb 23, 2024 The Isle of Wight Council is calling for public feedback on a new strategy aimed at securing developer contributions for health facility enhancements. This initiative, developed in collaboration with the Hampshire and Isle of Wight Integrated Care Board (ICB), focuses on gathering financial support from new developments for the improvement of health infrastructure on the […] Posted by: Mya Driver Read more
L&G buys six UK industrial estates from CBRE Investment Management Feb 8, 2022 Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, 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
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
LondonMetric sells £17m of long income and retail assets Sep 11, 2023 LondonMetric Property Plc (“LondonMetric”) announces the sale, in separate transactions, of four long income and retail assets, for £16.9 million. The combined price is in line with book value. The largest asset comprises a 27,000 sq ft Waitrose store in Malmesbury which has been sold for £9.6 million, reflecting a NIY of 4.66%. Acquired from […] Posted by: Mya Driver Read more
M7 signs major 66,000 sq ft logistics letting at Western Approach Distribution Park in Bristol Apr 17, 2023 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has fully let 1500 Western Approach, a c. 66,000 sq ft logistics property on Western Approach Distribution Park in Bristol, to PICS Telecom. The transaction is the largest logistics letting in the South West for Q1 2023. PICS Telecom has signed a […] Posted by: Mya Driver Read more
Macquarie Asset Management agrees to acquire majority stake in Southern Water Aug 11, 2023 Macquarie Asset Management has today announced it has reached an agreement to acquire a majority stake in Southern Water Services Limited (‘Southern Water’). Southern Water provides essential services to 2.6 million water and 4.7 million wastewater customers across Kent, Sussex, Hampshire, and the Isle of Wight. Under the agreement reached with Southern Water’s existing shareholders, […] Posted by: Mya Driver Read more
MAYORAL ELECTION IN FOCUS: West of England CA Apr 23, 2021 On May 6 a number of Combined Authority mayoral elections will be taking place and, as part of a special series of events, we invited all candidates to explain what their ambitions are in terms of regeneration? Below are the responses for the candidates in the West of England CA who took part Samuel Williams […] Posted by: Mark Flanagan Read more
