Helmsley Group acquires prime York city centre building Jul 28, 2022 Property investment and development specialist Helmsley Group has purchased 2 Lendal, a Grade II listed detached building in central York, on behalf of its investor network. Currently home to two restaurants including national Italian restaurant chain Zizzi, and Nola, an independent restaurant serving Creole-influenced dishes, the building was purchased from a private investor for an undisclosed sum. Both Zizzi […] Posted by: Mya Driver Read more
Helmsley Group continues York acquisition spree Nov 16, 2022 A set of prominent buildings in York city centre have been bought by property investment and development specialist Helmsley Group. Helmsley has acquired the adjoining 1 Feasegate and 1-2 St Sampson’s Square, which are let to leading footwear and clothing retailer Size?. The buildings, which were acquired for an undisclosed sum from a major UK […] Posted by: Mya Driver Read more
Helmsley Group reveals vision for 250,000 sq ft city centre development Sep 9, 2022 Property investor and developer, Helmsley Group has revealed its vision for a major regeneration project in the heart of York. Coney Street Riverside is the latest scheme from the York-based company, which has been developing across the city for over 40 years, and which has sensitively delivered prominent projects across York’s riverfront, including Merchant’s Exchange, […] Posted by: Mya Driver Read more
HICL divests equity interest in Bradford Schools projects for £37m Sep 18, 2023 HICL Infrastructure has confirmed the sale of its equity interests in the ‘Bradford Building Schools for the Future’ (BSF) projects, encompassing both the first and second phases. The sale, estimated at £37 million, represents an 8% premium over the company’s valuation as of 31 March. The FTSE 250 firm highlighted that this strategic decision aligns […] Posted by: Mya Driver Read more
Housing association secures land for new homes for Keyland Developments Jul 31, 2023 Keyland Developments, the property and development arm of Yorkshire Water, has sold a 5.5-acre site in West Yorkshire to the Leeds Federated Housing Association. The site in Pudsey, on the outskirts of Leeds, could see 54 new homes being developed. Matthew Turnbull, land and planning manager at Keyland Developments, said: “We are delighted to have […] Posted by: Mya Driver Read more
Hull’s West Docklands Set for Transformation Nov 10, 2023 Hull City Council’s Cabinet is poised to deliberate on a pivotal report outlining the design brief for the West Docklands area. This ambitious plan is set to establish a comprehensive planning framework, paving the way for the area’s development and rejuvenation. Strategically located, the West Docklands is encircled by key landmarks and thoroughfares, including the […] Posted by: Mya Driver Read more
Iconic Leeds Hotel sold for £50m Feb 17, 2023 Pandox AB has acquired and gained access to The Queens Hotel, Leeds, UK for £50m. The acquisition includes both the hotel property and the hotel operations. The hotel has 232 rooms and will be operated as an independent brand under a new management agreement with Axiom Hospitality. The total acquisition price amounts to approximately MGBP 53 with […] Posted by: Mya Driver Read more
Immobel Capital Partners acquires 50% of White Rose Office Park in Leeds Mar 8, 2022 Immobel Capital Partners, the investment management business of Immobel Group, the largest listed real estate developer in Belgium, announces it has signed a sale and purchase agreement to acquire 50% of the White Rose Park from OIRP Investment 10, part of Orion Capital Managers. White Rose is a green office campus situated just outside of […] Posted by: Mya Driver Read more
Industrial Assets Fetch Over £16 Million in Sales Jun 26, 2023 Investor plc (AEWU) has completed the sale of two industrial assets, fetching a total of over £16 million. The properties, namely Euroway Trading Estate in Bradford and Lockwood Court in Leeds, were sold for £6.45 million and £9.65 million, respectively. AEWU initially acquired Euroway Trading Estate back in November 2016 for £4.95 million, while Lockwood […] Posted by: Mya Driver Read more
Industrials REIT acquires four MLI assets for £21m Apr 20, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Mya Driver Read more
Investec provides GSA with £85m loan to refinance and partially refurbish five UK PBSA assets Mar 22, 2023 21 March 2023: Investec Real Estate (“Investec”) announces that it has provided Global Student Accommodation (“GSA”), the global leader in purpose-built student accommodation (“PBSA”), with an £85 million loan to support the refinance and partial refurbishment of five UK PBSA assets. The properties provide a total of 1,460 beds to students in London, Lincoln, Newcastle, Nottingham, […] Posted by: Mya Driver Read more
Investment Fund Acquires Multiple Properties in Key Cities Aug 22, 2023 The Urban Splash Residential Fund has made a significant investment to expand its portfolio, acquiring 129 homes across Manchester, Salford, and Leeds. This £15 million investment has increased the number of homes in the Urban Splash UK Residential LLP (USUKR) portfolio by 41%, bringing the total to 437 homes. The acquisition also adds £1.3 million […] Posted by: Mya Driver Read more
