Built Environment Networking Blog: Yorkshire News

Housing association secures land for new homes for Keyland Developments

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

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HTB Finalises £25 Million Funding for Leeds Development

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

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Hull’s West Docklands Set for Transformation

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

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Iconic Leeds Hotel sold for £50m

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

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Inaugural Winners of “The Pitch @ UKREiiF” Announced

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

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Industrial Assets Fetch Over £16 Million in Sales

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

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Industrials REIT acquires four MLI assets for £21m

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

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Investec provides GSA with £85m loan to refinance and partially refurbish five UK PBSA assets

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

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Investment Fund Acquires Multiple Properties in Key Cities

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

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