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
LaSalle Investment Management Secures Approval for £550 Million Galleries Redevelopment in Bristol Jan 30, 2025 LaSalle Investment Management has received planning approval for the £550 million transformation of the Galleries shopping centre in Bristol. The ambitious redevelopment will replace the outdated 1980s shopping mall with a vibrant mixed-use development, integrating seamlessly with Castle Park and revitalising the city centre. The approved plans include up to 450 homes, with 20% designated […] Posted by: Deividas Krupstas Read more
Legal & General submits planning for the £350m Bristol Temple Island masterplan regeneration project Jan 14, 2025 As a leading pensions provider in the UK, L&G is committed to making long-term investments in infrastructure and housing to create a better built environment where our savers reside. L&G’s strong track record of delivering large-scale regeneration schemes in cities like Newcastle, Cardiff, and Sunderland, and extensive network of partnerships with the public sector enable […] Posted by: Deividas Krupstas 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
