Moorfield and Stor-Age acquire UK self storage portfolio Mar 23, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] 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
New State-of-the-Art Elective Centre Approved for Bristol: Set to Increase Surgical Capacity by 6,500 Operations Annually Sep 28, 2023 A groundbreaking decision has been made regarding the healthcare infrastructure in Bristol. The city is set to welcome a new £49.9 million Elective Centre at Southmead Hospital. This state-of-the-art facility has been greenlit to provide an additional 6,500 operations annually, aiming to benefit patients across Bristol, North Somerset, and South Gloucestershire (BNSSG). The Department of […] Posted by: Mya Driver Read more
Newcore’s social infrastructure fund invests £27m in initial four assets Mar 22, 2022 Newcore Capital Management has acquired the maiden assets for its latest value-add, social infrastructure fund. The UK social infrastructure real estate manager said it has invested £27m (€31.4m) acquired the first four assets for Newcore Strategic Situations V LP, a fund seeking to raise £300m. Newcore said it has bought three educational properties in Surbiton, Blackheath and […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
North Somerset launches Consultation for Local Plan Apr 18, 2024 North Somerset Council is undertaking another round of consultation on its draft Local Plan. This is set to take place during the summer. The council began preparing a new Local Plan for North Somerset in 2020. This document identifies where development can and cannot take place in the area, and guides investment for new housing, […] Posted by: Mya Driver Read more
OakNorth Bank Lends £37m for UK Storage Company Buyout Jun 27, 2023 OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has provided a £37m loan to UK Storage Company, one of the UK’s largest independent self-storage providers. Founded in 2005 by Keith and Cathy Taylor, UK Storage Company opened its first site in Bridgwater, Somerset that year, with the site also being used as its headquarters. Its second […] Posted by: Mya Driver Read more
Octopus Real Estate provides £27m loan to refinance Exeter office campus Dec 13, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £27 million loan secured on a 170,000sq ft office scheme in Exeter. The loan has refinanced Winslade Park and will provide additional funds to the borrower as they deliver the refurbishment and letting of further […] Posted by: Mya Driver Read more
Plans for 1,000 Devon homes in huge new neighbourhood near Exeter Airport Sep 29, 2022 Carden Group has submitted plans for its first Garden Village development, which includes over 1,000 homes along with community facilities across 220 acres of land in Exeter. The strategic land business is privately owned and managed by founder and former chairman of Redrow Steve Morgan CBE, former Redrow group development director Will Heath, and Harry […] 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
Plans for Portsmouth block of flats approved by city council Sep 15, 2022 Portsmouth City Council has approved plans to build a five-storey block of flats in Southsea. The Saxon UK Development scheme was given planning permission by the council’s planning committee subject to final legal agreements being made. A statement submitted with the application said the development would provide ‘sensitively-designed new homes’ and ‘will help to create […] 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
