Cannock Town Centre Set for Major Transformation as Regeneration Plans Near Approval Sep 21, 2023 Cannock town centre is poised for a significant facelift, with the district council’s planning committee set to give the thumbs up to its regeneration proposals. The ambitious blueprint includes the creation of a leisure and cultural hub, a revamped Prince of Wales Theatre, new eateries and pubs, and modern workspaces. These initiatives are aimed at […] Posted by: Mya Driver Read more
£22 million funding for Hilton Hotel renovation Jun 27, 2023 Arc & Co, a specialized debt advisor, has successfully obtained a £22 million facility from OakNorth Bank to finance renovation projects for the Hampton by Hilton hotel situated at Edinburgh Airport. The senior commercial loan, with a duration of three years, is secured against the hotel itself and operates on an interest-only basis.Ability Hotels, the […] Posted by: Mya Driver Read more
£300m development portfolio – Aitch Group diversify in challenging market with new land sought Apr 24, 2023 In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […] Posted by: Mya Driver Read more
Ashby Capital Secures £50m Refinancing Deal for Two Retail Parks Aug 24, 2023 In a significant financial move, Ashby Capital has successfully refinanced two of its prominent retail parks, Morta and Westside, in a £50m deal with Deutsche Hypo. Westside Retail Park, located in Guiseley, West Yorkshire, hosts 13 tenants, including major retailers like TK Maxx, Sports Direct, and Halfords. Acquired from British Land in 2019, the park […] Posted by: Mya Driver Read more
Blackfinch boosts Birmingham restaurant with £1.3m commercial refinancing deal Apr 19, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £1.3m commercial refinancing loan for a popular Birmingham restaurant. The 24-month deal will help to secure the future of the restaurant, a much-loved part of the community in Sparkhill, a suburb around three miles from Birmingham City Centre. Blackfinch Property, […] Posted by: Mya Driver Read more
Boxer Ventures Further into Real Estate with £30 Million Acquisition Nov 2, 2023 British heavyweight boxer Anthony Joshua, known for his prowess in the ring, is also making notable strides in the property investment arena. He recently diversified his portfolio by acquiring a commercial building in Hertfordshire for a substantial £30 million. This structure, previously serving as BP’s headquarters, marks another milestone in Joshua’s venture beyond sports, aligning […] Posted by: Mya Driver Read more
Civitas Social Housing is nearing a private acquisition deal Jun 27, 2023 Civitas Social Housing PLC (LSE:CSH) has lowered the minimum shareholder voting threshold to facilitate the £485 million private acquisition bid from CK Asset Holding. The required percentage of voting rights has been decreased from 75% to 50%, essentially making the offer unconditional as CK Asset Holdings has already acquired over 60% of voting rights. Civitas […] Posted by: Mya Driver Read more
Clifton Business Park ambitions take a step forward Jun 26, 2023 Calderdale Council is progressing its longstanding ambition to transform a large site in Clifton into a thriving business park, to create 1,300 jobs and major benefits for Calderdale and West Yorkshire. In line with the Council’s priority for thriving towns and places, the proposed Clifton Business Park would support economic growth, bring opportunities for local […] Posted by: Mya Driver Read more
Custodian REIT Disposes Retail Unit in Bury St Edmunds Jun 27, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional, core/core-plus properties across the UK, is pleasedto announce the disposal of a high street retail unit in Bury St Edmunds at auction for £0.85m, in line with the 31 March 2023 valuation.Commenting […] Posted by: Mya Driver Read more
Dominus Real Estate secures prime Square Mile office site at 5-10 Great Tower Street Jul 26, 2023 Dominus Real Estate has further expanded its portfolio in the heart of London, with the successful acquisition of the prestigious RBS building from Natwest at 5-10 Great Tower Street. Through a highly competitive process, Dominus secured the 55,817 sq ft building for £27.5 million and completed the transaction entirely through equity. With the acquisition finalised, […] Posted by: Mya Driver Read more
Downing Secures Iconic Glasgow Waterfront Site for Expansion Feb 22, 2024 Downing, the prominent property developer, has successfully purchased the historical Scottish headquarters of Reach PLC, located on Anderston Quay along the scenic north bank of the River Clyde. This acquisition, part of a multimillion-pound deal, signifies a strategic enhancement to Downing’s already robust portfolio, which spans several key cities across the UK, including Brighton, London, […] Posted by: Mya Driver Read more
Fiera Real Estate and Wrenbridge acquire a 15-acre site in prime West London location to develop c.£60m scheme Jun 19, 2023 Fiera Real Estate (“Fiera”) and Wrenbridge are pleased to announce the off-market acquisition of 14.8-acres in Heathrow, West London from Stonegate Homes. The business plan is to speculatively develop a Grade A urban logistics development with a GDV of c.£60m. This represents the fourth acquisition for the Fiera Real Estate Logistics Development Fund UK […] Posted by: Mya Driver Read more
