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 Partnership Announced for Bath Quays North Regeneration Jul 22, 2024 Bath & North East Somerset Council and the University of Bath have announced a new partnership to develop the Bath Quays North site, following the expiration of the previous development agreement with L&G. The two organisations have signed a Memorandum of Understanding (MoU) to collaborate on a vision for the future of this prime riverfront […] Posted by: David Gilbank 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
Oval Real Estate secures lease with BLOCK Workspace at The Fairfax in Bristol Sep 6, 2024 JLL has announced the successful completion of a lease agreement at The Fairfax, a prominent office development undertaken by Oval Real Estate in the heart of Bristol. BLOCK Workspace, a renowned serviced office operator, has secured four floors of the office development. Covering floors 2, 3, 5, and 12, BLOCK Workspace has acquired 21,325 sq […] Posted by: Deividas Krupstas Read more
Persimmon and Barratt Redrow agree major joint venture on 2,500-home site in Wiltshire Nov 18, 2024 Developers Persimmon and Barratt Homes Bristol have finalised a major joint venture in Trowbridge, Wiltshire, marking a significant step toward delivering thousands of new homes to the community. Persimmon has been actively collaborating with Wiltshire Council to finalise outline planning permission for up to 2,500 homes at the site. With this new partnership, half of […] Posted by: Deividas Krupstas Read more
Plans for £55m Prime Cheltenham Town Centre Redevelopment Site Recommended for Approval Aug 8, 2024 Plans submitted by Wavensmere Homes and BBS Capital for the redevelopment of the North Place surface car park, located within Cheltenham’s Central Conservation Area, have been recommended for approval by the by Borough Council’s planning officials. The detailed designs for Arkle Court – submitted in February 2024 – propose 147 houses and apartments, to sensitively […] Posted by: Mya Driver Read more
