Built Environment Networking Blog: Yorkshire News

British Land Announces Potential £750m Sale of Iconic Meadowhall Centre

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

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£200M Student JV launched!

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 […]

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£34m funding secured to bring forward Sheffield logistics scheme

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 […]

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£9.2 million approved for brownfield housing

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 – […]

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£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities

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 […]

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11-PBSA units totalling 4,500 beds sold in £306m deal

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), […]

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ABP received Port of Hull planning consent for 4.25m sq ft development

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 […]

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Action plans to help regenerate West Yorkshire towns set to be approved

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 […]

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AEW swoops for two distribution warehouses

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, […]

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Aldermore providers £15m loan Pickard Properties for PBSA project

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 […]

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Aldermore provides £16.5m to Citu for Sheffield housing scheme

Aldermore has provided a £16.5m development finance loan to Citu for the next phase of its Kelham Central housing development in Kelham Island, Sheffield. The next phase of the development will be comprised of 68 additional low carbon homes, including a range of house types, plus two small commercial units. This marks the next chapter for […]

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