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
Housebuilder Honey submits plans to deliver £53m, 184 home development in Doncaster Aug 5, 2024 Housebuilder Honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to deliver a £53m, 184-home development. The proposed site, which will be called Opal, is located off Cammidge Way and is adjacent to Bawtry Road. Subject to planning, Opal will comprise a mix of two-, three- and four-bedroom homes and […] 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
HTB Finalises £25 Million Funding for Leeds Development Jul 16, 2024 Hampshire Trust Bank (HTB) has secured a £25 million deal with GMV Twelve to fund the construction of Kirkstall Forge, a new neighbourhood in Leeds. The project will comprise over 1,400 homes, along with offices, hospitality, and leisure venues. Situated in western Leeds, the funding will refinance and restructure Capital Estate Group’s secured debt facilities […] 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
Humber Freeport helps to secure £250m investment at key industrial cluster Aug 20, 2024 Humber Freeport has helped to attract yet another major inward investment by playing a key role in securing a £250m development by a world-class business. Mitsubishi Chemical Group UK Ltd, part of one of the world’s largest chemical producers, has committed to invest in a new production line at Saltend Chemicals Park, which is located […] 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
Inaugural Winners of “The Pitch @ UKREiiF” Announced May 24, 2024 The organisers of UKREiiF, the UK’s premier built environment conference, are thrilled to announce the winner of the inaugural “Pitch @ UKREiiF” competition, held on Thursday, 23rd May at the Pagabo Pavilion at the Royal Armouries in Leeds. Brittany Harris, Co-Founder of Qualis Flow won the big prize – but due to her impending wedding […] Posted by: David Gilbank 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
