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
West Yorkshire confirmed as Destination Partner at UKREiiF 2024 Jan 24, 2024 West Yorkshire will once again be host to the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) 2024. As the home of UKREiiF since its inaugural year in 2022, Leeds and the wider West Yorkshire region have played a pivotal role in the event’s growth and success. Set to take place on 21-23 May in […] Posted by: Mya Driver Read more
Why Invest in Sheffield? Apr 28, 2022 This is Sheffield We are a city renowned for thinking, making and inventing. Whether it is digital innovation, or excellence in engineering, our city is responding positively to rapid changes in the global economy. Average salaries are up. Rents are up. Our economy has expanded by over 3% in the last 12 months alone. With […] Posted by: Mya Driver Read more
Work begins to demolish Highways tower blocks paving way for future development Jun 12, 2023 Demolition of the Highways tower blocks and maisonettes in Killingbeck has begun this week, marking the first step towards the development of new social housing on the site Following positive engagement work with the few remaining tenants on site, the flats and maisonettes are now vacant allowing for the demolition work to start. Connell Brothers […] Posted by: Mya Driver Read more
York and North Yorkshire Mayor commits millions towards affordable homes and infrastructure Sep 9, 2024 Affordable homes projects and local authority infrastructure schemes are to benefit from more than £4 million of mayoral funding. Mayor of York and North Yorkshire David Skaith is utilising the Mayoral Investment Fund to support schemes across the region. Funding allocations were approved today (6) at a meeting of York and North Yorkshire Combined Authority, […] Posted by: Deividas Krupstas Read more
Old friends collaborate on cutting-edge low-carbon energy initiatives Apr 8, 2021 Equinor and SSE Thermal today (April 8) unveiled plans to jointly develop two first-of-a-kind, low-carbon power stations in the Humber region, comprising one of the UK’s first with carbon capture and storage (CCS) technology, and the world’s first 100% fuelled by hydrogen. The plans, underpinned by a new cooperation agreement between the two companies, would […] Posted by: Mark Flanagan Read more
West Yorkshire factory site’s £60m makeover Apr 8, 2021 The owner of a former tumble drier factory site in West Yorkshire has released details of its £60m mixed redevelopment scheme. Having fully demolished the buildings on the 26-acre plot near Halifax, Crosslee has created a masterplan which includes 106 new homes, an employment and commercial space, a supermarket (in conjunction with a leading European […] Posted by: Mark Flanagan Read more
Premcor and Peveril join forces to secure 18-acre slice of Sheffield Business Park Mar 29, 2021 A joint venture between UK property development companies Premcor and Peveril Securities has secured its first ever South Yorkshire site with plans for 300,000 sqft of industrial accommodation. The partnership has bought the 18-acre phase 4 site at Sheffield Business Park – one of the last remaining development opportunities on the 200-acre development – for […] Posted by: Mark Flanagan Read more
CEG submit plans for hi-tech development in Leeds Mar 23, 2021 Developers CEG has submitted a planning application seeking to revitalise a disused warehouse site in Leeds for Yorkshire-based global diagnostics and drug development company Labcorp. CEG would manage the delivery of the new facility and aims to enable occupation by Summer next year. It would include a 100-bed clinic, pharmacy and Labcorp’s UK office headquarters. […] Posted by: Mark Flanagan Read more
Ministry of Transport sending 100s of jobs to Leeds and Birmingham Mar 15, 2021 Hot on the heels of the Treasury’s announcement to create a Northern headquarters in the North East, the Department for Transport this morning revealed plans to put a second HQ in Birmingham and a northern hub in Leeds. Earlier this month Chancellor Rishi Sunak committed to moving hundreds of civil service jobs to Darlington and […] Posted by: Mark Flanagan Read more
Government approve £137m to solve Sheffield-Manchester rail line bottleneck Mar 12, 2021 The government has approved a programme of £137m upgrades on the rail line connecting Sheffield and Manchester. Transport minister Andrew Stephenson confirmed in parliament this week that the money will be spent on creating two freight-passing loops to alleviate bottlenecking plus a second platform will be added at Dore and Totley Station. David Hoggarth, Strategic […] Posted by: Mark Flanagan Read more
Godwin goes higher with bold addition to Sheffield skyline Mar 12, 2021 Sheffield is set to get a striking new addition to its skyline after Godwin Developments confirmed this week it has submitted plans for a 23-storey mixed-use building on the edge of the city centre. The Meridian will house 336 build-to-rent apartments plus a gym, cycle and car parking, roof top garden and commercial units. It […] Posted by: Mark Flanagan Read more
