Sheffield Set to Soar with New Skyscraper: King’s Tower to Reshape City’s Skyline Jan 4, 2024 Sheffield is poised to welcome a new landmark, with the unveiling of plans for a towering addition to its city centre. The proposed 40-storey King’s Tower, poised at the junction of King Street and Angel Street, is set to rise to a striking height of 393 feet (120 meters), equivalent to the stature of 28 […] Posted by: Mya Driver Read more
Sheffield’s Housing Ambitions and UKREiiF Participation: “Watch This Space” Oct 18, 2023 Sheffield’s urban development and housing growth have taken a significant leap forward, marked by a pivotal visit from figures of Homes England and the Department of Levelling Up, Housing and Communities. With the Sheffield Property Association (S-PA) leading the charge, the city’s future in urban development is set on a promising trajectory. The recent gathering […] Posted by: Mya Driver Read more
Silbury Finance provides £74m loan to North Star for York residential scheme Aug 23, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £73.8 million senior debt facility to North Star Investment Management (“North Star”), Yorkshire’s premier creative property asset management company, to fund the development of a residential-for-sale scheme in York. The 30-month, 73% LTGDV facility is the largest loan Silbury has originated to date. […] Posted by: Mya Driver Read more
Singapore private equity firm swoops for major new student accommodation scheme in Leeds Oct 24, 2022 A stunning new student accommodation scheme on Merrion Street in central Leeds has been sold to Q Investment Partners (QIP), a Singapore headquartered private equity real estate firm that connects residential real estate to capital markets, in a deal worth approximately £15 million. The 88 high specification studio apartments with associated amenities, are being built […] Posted by: Mya Driver Read more
Six Aging Leeds Tower Blocks Slated for Demolition; Residents To Receive Priority Rehousing Oct 23, 2023 Leeds City is poised for a major architectural transformation as plans are underway to demolish six tower blocks, originally built in the 1960s. Leeds City Council, after assessing the blocks located in Seacroft, Moortown, and Armley, deemed renovation efforts to be financially impractical. As a result, a total of 345 flats, spread across these buildings, […] Posted by: Mya Driver Read more
Standard Life Trustees swoops for York office space Jan 18, 2022 Helmsley Group has started 2022 with a bang after selling a further part of its The Old Fire Station development in York. Standard Life Trustees, which acquired the ground and mezzanine floors of the office element of the mixed-use development last year, has bought the adjoining commercial unit from Helmsley and its joint venture partner […] Posted by: Mya Driver Read more
Starlight Investments Continues Its UK Expansion with Acquisition of Second Major Build-to-Rent Community in Leeds Dec 16, 2024 Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, has announced the further expansion of its UK portfolio through the acquisition of a 300-suite build-to-rent (“BTR”) community under development in Leeds. The property, purchased from Leeds-based developer, Torsion Group, is in a prime location on the eastern edge of the city centre within walking distance of popular […] Posted by: Mya Driver Read more
Sterling Capitol sells two office buildings at Capitol Park Leeds Jan 11, 2023 Leading Yorkshire property development and investment company Sterling Capitol has sold two prime office assets at Capitol Park, Leeds. The value of the two transactions has not been disclosed. The first asset was the 4,862 sq ft 1 Sterling Way, occupied by Create Fertility, let on a new 10-year lease, was bought by Assura PLC, […] Posted by: Mya Driver Read more
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
Thirteen Group Reports Strong Financial Results and Increased Investment in New Homes Development Oct 4, 2024 Thirteen Group, one of the leading housing associations in the North East and Yorkshire, has announced robust financial results for the latest fiscal year, marked by a significant increase in surplus and substantial investment in new home development. Thirteen Group continues to focus on tackling the housing crisis in the North East and Yorkshire by […] Posted by: Deividas Krupstas Read more
