Development Bank backs £4.1 million investment to transform brownfield site into vibrant business park Nov 15, 2023 A South Wales property firm will revitalise a dormant brownfield site outside Merthyr Tydfil with the backing of a £4.1 million investment from the Welsh Government and Development Bank of Wales. MKR Property Developments Ltd has started construction on Paisley Business Park, on the site of the former ICI works at Pant Industrial Estate. The […] Posted by: Mya Driver Read more
Development Bank of Wales and HGP invest £14.4m for 141-home project Nov 20, 2024 The Development Bank of Wales and Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor in the UK Living sector, have joined to invest more than £14 million into Edwards Homes’ delivery of a residential development in Connah’s Quay, North Wales. The Development Bank of Wales’ £11.7 million loan for the project came via the Wales […] Posted by: Mya Driver Read more
Fiera Real Estate looks to dispose of three warehouses in £72m deal Jun 21, 2022 A portfolio of three retail warehouses is being lined up for a £72.25m sale by owner Fiera Real Estate. Xprop has been instructed to lead the sale. It has been pitched off a net initial yield of 5.25%, although there is reversionary potential to unlock in 2024. Codenamed Project Orange, the portfolio includes three single […] Posted by: Mya Driver Read more
Focus Estate Fund Makes UK Debut with Acquisition of Wrexham’s Island Green Retail Park Feb 29, 2024 Focus Estate Fund has recently secured the Island Green Retail Park in Wrexham. This acquisition signifies the fund’s first foray into the United Kingdom, a move that showcases its ambition to broaden its footprint in the global commercial real estate sector. The retail park, boasting a Gross Internal Floor Area of 103,305 square feet, hosts […] Posted by: Mya Driver Read more
Go-ahead for 74,000 sq ft Development at Deeside Industrial Estate Sep 29, 2023 FI Real Estate Management (FIREM) has been granted planning permission to construct a new 74,000 sq ft industrial space at the Deeside Industrial Estate. This approval expands FIREM’s property holdings in North Wales to an impressive three million sq ft. Nationwide, FIREM is set to develop 6.5 million sq ft of new industrial areas. The […] Posted by: Mya Driver Read more
Goldmoney Inc. Expands UK Footprint with Acquisition of Iconic Cardiff Property Oct 6, 2023 Goldmoney Inc., a leading player in the precious metals market, has announced the acquisition of a significant property in Cardiff, Wales. This move comes as a part of the company’s real assets investment strategy. The newly acquired property is the Wales Millennium Centre Phase II, also known as BBC Hoddinott Hall and Offices. This iconic […] Posted by: Mya Driver Read more
Greater Gwent Pension Fund builds on levelling up investments Jan 24, 2024 The Greater Gwent Pension Fund has unveiled a comprehensive three-year strategy aimed at enhancing its investment approach in the UK. The strategic plan entails a deliberate effort to “level up” by directing approximately 6% of its portfolio towards infrastructure and real estate investments during this period. The £4 billion pension fund has indicated that its […] Posted by: Mya Driver Read more
Green light for flagship housing developments Oct 19, 2023 Caerphilly County Borough Council’s Cabinet has unanimously approved final plans for two flagship housing developments in Oakdale and Risca. The developments will see disused sites at the former Oakdale Comprehensive School and Ty Darran care home, Risca transformed as part of the Council’s ambitious house building programme. Cabinet members endorsed proposals for the Council’s Caerphilly […] Posted by: Mya Driver Read more
Green light for Tŷ Glas demolition: Plans in place to minimise disruption Jun 7, 2023 Work has commenced on the demolition of the former HMRC office building at Tŷ Glas in Llanishen. Following the securing of prior planning permission with conditions for demolition in August last year, these conditions have now been discharged and full structural demolition has started. The Council acquired the Tŷ Glas site in October 2021 to […] Posted by: Mya Driver Read more
Greystar expands UK portfolio with Exeter and Cardiff acquisitions Jan 20, 2025 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the acquisition of two purpose-built student accommodation (PBSA) assets, ‘The Neighbourhood’, located in Cardiff and Exeter. The deal marks Greystar’s expansion into two new UK cities experiencing a significant undersupply of student housing, despite […] Posted by: Deividas Krupstas Read more
Greystar Expands UK Student Accommodation Portfolio with £60 Million Acquisition Jan 23, 2025 Greystar, a global leader in real estate investment and management, has announced the acquisition of two purpose-built student accommodation (PBSA) assets, “The Neighbourhood,” located in Cardiff and Exeter. The £60 million deal adds 400 high-quality student beds to Greystar’s growing UK portfolio, with 240 beds in Cardiff and 160 in Exeter. This acquisition brings Greystar’s […] Posted by: Deividas Krupstas Read more
JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions Jan 5, 2022 JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m. The deals mark the conclusion of the fund’s acquisitions boosting its portfolio of industrial space to 24 assets comprising 150 units totalling 1,050,000 sq ft on sites ranging from Dundee to Exeter. The […] Posted by: Mya Driver Read more
