Supermarket Income REIT acquires Tesco in £73m deal Dec 20, 2021 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%. The store was developed for Tesco in 2011 and occupies a 7.0 […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two assets in £83m deal Jul 4, 2022 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and the acquisition of an Asda supermarket in Carcroft, Doncaster, for a total purchase price of £82.9 million […] Posted by: Mya Driver Read more
The Next Phase – Sheffield’s City Centre Strategic Vision Apr 28, 2022 Sheffield City Council is looking to the future with the aim of strengthening the whole city, beyond current regeneration plans. The Council commissioned planning and regeneration experts Deloitte to help it develop this wider strategy. This work has resulted in a proposed City Centre Strategic Vision. The main aim of the proposed vision is to: […] Posted by: Mya Driver Read more
Tilbury Douglas to lead construction of Garden Mills Refurbishment Project for Bradford College Jul 13, 2023 Tilbury Douglas, a leading UK building, infrastructure, engineering and fit-out business, is set to lead the construction of the Garden Mills Refurbishment Project for Bradford College, which will deliver a new higher education facility. The project to refurbish the five-storey 1900s building, will see it transformed into flexible higher education STEM training and educational facilities […] Posted by: Mya Driver Read more
Together provides £20m funding to Citu for low carbon city centre scheme Mar 21, 2022 A pioneering sustainable developer has secured a £20million finance package to kick-start the next phase of its low-carbon city centre residential scheme. Together, a specialist lender which has a loan book of more than £4.4billion, has agreed the facility with Citu, the innovative developer behind the regeneration of large swathes of Leeds city centre on […] Posted by: Mya Driver Read more
Top-Secret Buyer Scores 57-Acre Site in South Yorkshire for Redevelopment Feb 29, 2024 Watling Real Estate has completed the acquisition of a substantial 57-acre site in South Yorkshire, previously home to Bawtry Carbon Ltd, for an undisclosed amount on behalf of private clients. The site, known for its former use as a brickworks and later for manufacturing carbon cathode blocks for the aluminium smelting industry, represents a prime […] Posted by: Mya Driver Read more
Torsion Group Announces The Phoenix, a New Yorkshire BTR Development Nov 17, 2023 The Torsion Group, a Leeds-based real estate company, has announced a joint venture with Khalbros Group and Oliver Cookson’s Family Office to bring to life The Phoenix, a prominent Build to Rent (BTR) development in Yorkshire. This collaboration marks a significant step in enhancing the region’s housing options, particularly for its growing professional population. The […] Posted by: Mya Driver Read more
Trebor acquire new speculative industrial site in Yorkshire Dec 14, 2021 Trebor Developments have acquired another industrial site to speculatively develop. The site is located on Tom Pudding Way, Goole, East Riding of Yorkshire, in a well-located industrial area and opposite Siemens’ £200 million new manufacturing facilities. The site will be marketed as “Point 36, Goole”. The site extends to 5.90 acres and planning will be […] Posted by: Mya Driver Read more
Tritax Symmetry to deliver 130,000 sq ft logistics scheme Sep 6, 2022 Tritax Symmetry, the dedicated logistics development company for Tritax Big Box REIT plc, has committed to speculatively build a state of the art, 132,750 sq ft logistics building on the last remaining plot at Symmetry Park Doncaster. The news follows a major deal with B&Q which is taking a 430,240 sq ft warehouse and distribution […] Posted by: Mya Driver Read more
UKREiiF’s local economic impact tops £5.5m according to ARUP report Aug 15, 2022 The inaugural UKREiiF event held in May delivered £5.5m of economic benefit according to a report populated by ARUP – one of the events partners. UKREiiF, a major three day event focused on real estate, property, infrastructure and investment, brought together over 4,000 event delegates, with another thousand attendees across the wider city attending fringe […] Posted by: Mya Driver Read more
Verdion Commits to 1.75 Million Square Feet of Doncaster logistics space Sep 20, 2022 Verdion today announces a major £300 million speculative development programme that will deliver all remaining warehouse capacity at iPort, the 6 million sq ft multimodal logistics hub just outside Doncaster. Totalling 1.75 million sq ft, this final stage of development at iPort will offer five buildings from 82,000 sq ft upwards, with delivery from June […] Posted by: Mya Driver Read more
Warehouse REIT Sells Two Industrial Assets for £13.4 Million, Exceeding Expectations Feb 12, 2024 Warehouse REIT, known for its investment in multi-let industrial warehouses, has successfully completed the sale of two properties, achieving a total of £13.4 million. This sum surpasses the assets’ book value as of September 2023 by 3.7%, with the sales reflecting an average net initial yield of 5.3%. The properties sold include the Warrington South […] Posted by: Mya Driver Read more
