Built Environment Networking Blog: Government Property News

Birmingham City Council to Sell £20m Property Portfolio

Birmingham City Council is set to sell 100 ground rent assets in and around the city centre as part of its ongoing asset disposal programme. The council has enlisted Lambert Smith Hampton (LSH) to manage the sale of this portfolio, which includes commercial, industrial, and non-operational council-owned properties. The assets will be sold individually or […]

Posted by: David Gilbank

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Feasibility Study to Explore £7m Industrial Estate in Keighley

Bradford Council has announced plans to conduct a feasibility study into the potential development of an industrial estate in the Beechcliffe area of Keighley. The council-owned site, comprising 8 acres adjacent to the Hard Ings roundabout, has been earmarked for employment uses since the early ’90s. With up to £7m allocated for the development by […]

Posted by: Mya Driver

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New money agreed to build 11 new schools in Suffolk

An additional £32million investment has today been agreed by Suffolk County Council’s Cabinet to support its school growth programme, including the provision of 11 new schools across the county. As well as new schools, the additional money will also be put towards school expansion projects and help maintain school buildings, including reducing the carbon footprint […]

Posted by: Mya Driver

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PIC agrees forward purchase of UK Government Property Agency Hub at Ruskin Square, Croydon for £268 million

Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has agreed the £267.6 million purchase of 2 Ruskin Square in Croydon, a new 344,940 sq ft Grade A office, next to East Croydon railway station, from the Schroders Capital UK Real Estate Fund (‘SCREF’). The building will be let to the […]

Posted by: Mya Driver

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