British Land Announces Potential £750m Sale of Iconic Meadowhall Centre Sep 18, 2023 Sheffield, UK – In a significant move reflecting the evolving retail landscape, British Land has unveiled plans to sell the renowned Meadowhall shopping centre in Sheffield for an estimated £750 million. This monumental sale, if finalized, would rank among the UK’s most substantial retail property deals in the past few years. Opened in 1990, Meadowhall […] Posted by: Mya Driver Read more
£200M Student JV launched! Mar 24, 2023 Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million platform to invest in purpose-built student accommodation in the UK. QIP and Soilbuild have capitalised and underwritten the build-to-core platform, which could potentially be scaled up to GBP400 million. The joint venture partners seek to syndicate […] Posted by: Mya Driver Read more
£34m funding secured to bring forward Sheffield logistics scheme Sep 22, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has secured a development loan of £34 million against its site in Sheffield, UK, from the South Yorkshire Pensions Authority (SYPA). On the 20-acre site on Shepcote Lane, half a mile from Junction 34 of the M1 motorway and in an […] Posted by: Mya Driver Read more
£9.2 million approved for brownfield housing Dec 18, 2023 Funding to build 700 homes across York and North Yorkshire has been approved. Investment is a result of the region’s proposed devolution deal and will unlock housing development on brownfield land. It will help deliver affordable, accessible, and low carbon housing, creating sustainable and high-quality places. Nine schemes – which include 252 affordable homes – […] Posted by: Mya Driver Read more
£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities Mar 1, 2024 Beachrock has announced its role in orchestrating the sale of a purpose-built student accommodation (PBSA) portfolio valued at £90 million, offering 1,494 student bed spaces across prime university cities in the UK. Each individual bed space in the collection is valued at £60,000, presenting an attractive proposition for investors. The portfolio encompasses seven assets situated […] Posted by: Mya Driver Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Mya Driver Read more
2500 New Homes & York Central Regeneration to Transform Cityscape Apr 16, 2024 Homes England and Network Rail Property have partnered with McLaren Property and Arlington Real Estate for the York Central project, which is set to be one of the UK’s most extensive urban regeneration efforts. This ambitious initiative will revamp a large brownfield site in York, introducing 2,500 new homes—20% designated as affordable housing—and developing a […] Posted by: Mya Driver Read more
ABP received Port of Hull planning consent for 4.25m sq ft development Apr 20, 2022 Associated British Ports (ABP) has been granted outline planning consent for more than 4.25 million sq ft of industrial, manufacturing and logistics development at the Port of Hull by East Riding of Yorkshire Council. The 453 acres of prime land includes 212 acres located within the East Hull Humber Freeport Tax Assisted Zone, which offers […] Posted by: Mya Driver Read more
Action plans to help regenerate West Yorkshire towns set to be approved Dec 6, 2023 Exciting proposals have been drawn up for Knottingley, Ferrybridge and Pontefract that will help towards their economic regeneration and a better quality of life for residents. The new plans build on the existing work that has already been achieved in providing improved leisure facilities, skills, training, and jobs. Cllr Michael Graham, Cabinet Member for Economic […] Posted by: Mya Driver Read more
Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] Posted by: Mya Driver Read more
AEW swoops for two distribution warehouses Dec 13, 2021 AEW UK Real Return Fund (AEW) – a UKREiiF attendee – has bought two wholesale warehouses, in Barnsley and Leicester, in an £8m deal. The sites are let to Booker, the UK’s largest food wholesale operator. The Leicester unit stretches to 55,634 sq ft, while the Barnsley facility coverage almost 87,000 sq ft. Edward Long, […] Posted by: Mya Driver Read more
Aldermore providers £15m loan Pickard Properties for PBSA project Jan 10, 2022 Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an existing loan and to raise additional capital, to assist in the development of a large student accommodation block in Leeds. The loan is made up of a ten-year, part […] Posted by: Mya Driver Read more
