LondonMetric completes £21 million logistics acquisition and £7 million office sale Jan 8, 2024 LondonMetric Property Plc (“LondonMetric”) announces that it has completed the acquisition of a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%. The 264,000 sq ft regional logistics warehouse is let to Next for a further 13 years at a rent of £1.42 million p.a., which equates to a low £5.37 […] Posted by: Mya Driver Read more
Lovell swoops for £4.2m former Yorkshire mill for residential scheme Feb 14, 2023 Acting on behalf of our Paramount Retail Group, Lambert Smith Hampton (LSH) has advised on the sale of Greenside Mill in Skelmanthorpe, a former textile mill and brownfield site located between Huddersfield and Wakefield. Lovell Partnerships has acquired the land and will deliver a development of 46 new homes on the 4.6-acre site. Work is […] Posted by: Mya Driver Read more
Major Leeds development secures council approval Nov 1, 2022 Plans for 9 Wellington Place have been given the green light by Leeds City Council. The latest addition to the MEPC developed urban quarter will provide 176,413 sq ft of office and 6,851 sq ft of ground floor retail and leisure space. Bringing hundreds more jobs to the Leeds city centre business destination, 9 Wellington […] Posted by: Mya Driver Read more
Massive Former Waste Site in Shipley May Be Demolished for Redevelopment May 15, 2024 A former waste site in Shipley, which has remained empty since being gutted by fire in 2018, could soon be demolished. The Associated Waste Management site on Valley Road is considered “no longer fit for modern day use,” and an application to demolish its structures has been submitted to Bradford Council. Oniel Construction (Yorkshire) has […] Posted by: David Gilbank Read more
Mayor Brabin tells builders to brace for housebuilding boom Jul 10, 2024 Mayor Tracy Brabin has vowed to deliver a “new dawn” for housebuilding across West Yorkshire, by working in lock-step with local housing providers and the new government in Westminster. The West Yorkshire Housing Strategy 2040, the first of its kind for the region, has been unveiled on a visit to Saxton Lane in Leeds, where […] Posted by: Mya Driver Read more
McLaren Property plans 45-storey building in Leeds alongside two new office builds Feb 14, 2023 Developer McLaren Property has submitted plans for a major new BtR scheme in Leeds alongside two lower-rise office blocks which is set to transform the Leeds skyline. The BtR tower has been designed by Glenn Howells Architects – a hexagonal-shaped building, similar to their Octagonal building set for Birmingham. This residential build will deliver more […] Posted by: Mya Driver Read more
Microsoft Chooses Leeds for £106.6 Million Hyperscale Datacentre Jun 27, 2024 Microsoft, one of the world’s largest organisations and most recognisable brands, has chosen to set up a new hyperscale datacentre in Leeds. This momentous move involves the purchase of 48 acres at Skelton Grange from Harworth for £106.6 million. The transaction will occur in two phases: 27 acres by late 2024 and 21 acres by […] Posted by: David Gilbank Read more
Moorfield Group acquires two warehouses for latest logistics strategy Dec 7, 2023 UK-focussed real estate fund manager Moorfield Group (“Moorfield”) has added 123,000 sq ft of warehouse space to its urban logistics portfolio with the acquisition of two assets for a combined sum of approximately £12m. In Tinsley, Sheffield, Moorfield has completed a 10-year sale-and-leaseback agreement for a 61,000 sq ft urban logistics unit with Tinsley Bridge […] Posted by: Mya Driver Read more
National Railway Museum in York Seeks Demolition of Former Rail Workers’ Mess Hall Sep 6, 2023 The National Railway Museum in York has applied for permission to demolish a former rail workers’ mess hall, known as the Sidings building, as part of its extensive redevelopment plans. The Sidings building, which was used by the museum as office space until its closure in 2022, is not a listed structure and has already […] Posted by: Mya Driver Read more
Network Space investments acquire a modern industrial unit in South Yorkshire Mar 19, 2024 Network Space Investments has acquired a manufacturing and distribution unit in a prime location adjacent to junction 35 of the M1 near Sheffield for an undisclosed sum. The 25-year sale and leaseback deal sees the investment company acquire a high specification, modern 27,452 sq ft unit. Market leading green energy solutions manufacturer, Powerstar is the […] Posted by: Mya Driver Read more
New development site opportunity at the heart of historic gateway to Leeds Mar 15, 2023 A new plot of land at the heart of one of the most exciting sustainable regeneration schemes in Europe has come to the market this week. Meadow Lane in Leeds, which sits at a key historic gateway to the city centre, and forms a vital piece of the new multi-million pound city centre green space, […] Posted by: Mya Driver Read more
New Health and Fitness Club Acquired by South Yorkshire Pensions Authority Sep 27, 2023 In a recent development, the South Yorkshire Pensions Authority (SYPA) has acquired the newly established David Lloyd health and fitness club located in Rugby. The exact financial details of the transaction remain undisclosed. The acquisition was facilitated under the guidance of abrdn and with consultation from Savills. James McLean, the fund manager of SYPA, expressed […] Posted by: Mya Driver Read more
