‘Transformative effect’ of £300m East Mids food production hub Apr 20, 2021 One of the most significant industrial developments in the East Midlands of the last 40 years has been okayed by planners. SmartParc’s £300m food production hub in Derby could lead to the creation of 5,000 jobs and the 2.4million sqm facility is expected to be operational by the end of the year. The 155-acre site, […] Posted by: Mark Flanagan Read more
£1.175m deal sees MCM Group secure industrial investment Jul 10, 2023 A Gateshead-based property company has acquired two industrial units in a sale and leaseback deal with a North Tyneside electronics manufacturer. In a £1.175m deal, MCM Group has acquired Units 1 & 2 Neptune Court on Orion Business Park from Parmley Technologies and leased them back to the company by way of a 10-year agreement. The deal releases […] Posted by: Mya Driver Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 10, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Mya Driver Read more
£200M Student JV launched! Mar 24, 2023 Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million platform to invest in purpose-built student accommodation in the UK. QIP and Soilbuild have capitalised and underwritten the build-to-core platform, which could potentially be scaled up to GBP400 million. The joint venture partners seek to syndicate […] Posted by: Mya Driver Read more
£300m industrial drive moved forward by Invesco, Barwood Sep 16, 2022 Plans for 83,000 sq ft of logistics space in Trafford submitted by the investors as they progress building their last-mile warehousing portfolio. Invesco Real Estate and Barwood Capital partnered up earlier in 2022 to buy four acres from Neary Way from Peel L&P, and announced they were creating a £300m industrial portfolio. The partnership has […] Posted by: Mya Driver Read more
£30m logistics facility acquired by Leftfield Jan 27, 2023 A 250,000 sq ft Northamptonshire logistics facility, has been acquired by a property investment firm in a deal worth £30m. Specialist investor, developer and manager of real estate, Arrow Capital Partners, has completed the sale a warehouse in Corby to Leftfield. Rob Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This sale […] Posted by: Mya Driver Read more
£50+ million North East Industrial Property Sale Announced Aug 9, 2023 Avison Young, acting on behalf of Aviva Investors has secured the sale of a long income prime industrial property investment in Washington, Tyne and Wear to a Local Government Pension Scheme, for a sale price of £50.15 million reflecting an initial yield of 6.8%. The property built in 2010 is occupied by BAE Systems which […] Posted by: Mya Driver Read more
£800 Million Easdale Portfolio Boosted by Latest Renfrewshire Acquisition Dec 8, 2023 The Easdale brothers, prominent businessmen from Greenock, have enhanced their £800 million property portfolio with a new acquisition in Renfrewshire. Sandy and James Easdale, through their property investment branch, Dalglen, have recently purchased additional land at the Neil Street Industrial Estate in Renfrew, previously owned by Peel Waters Ltd. This expansion adds another 13,750 square […] Posted by: Mya Driver Read more
45,000 Square Feet Redevelopment Proposed for Former Wallsend Industrial Site Nov 9, 2023 The Oceana Business Park, covering an impressive 45,000 square feet in Wallsend, Newcastle, is on the brink of a comprehensive redevelopment. Plans submitted to North Tyneside Council by Harris Strategic Land Ltd outline a vision to repurpose the sprawling area, emphasizing a shift from its industrial past to a revitalized future. The proposed demolition and […] Posted by: Mya Driver Read more
65% of wealthy investors expect to increase exposure to venture capital schemes as a result of upcoming tax rules Mar 14, 2023 Over two-thirds of wealthy investors intend to invest more into tax efficient investments, such as Venture Capital Trusts (VCTs), the Enterprise Investment Scheme (EIS) and its younger sibling the Seed Enterprise Investment Scheme (SEIS), as a result of the onerous new tax increases coming in from next month. This is according to a survey of […] Posted by: Mya Driver Read more
AIPUT doubles down on investment with acquisition of the Fleming Business Centre in the heart of the Gatwick airport ecosystem Oct 12, 2021 AIPUT (Airport Industrial Property Unit Trust) managed by abrdn, has completed the freehold acquisition of the multi-let Fleming Business Centre, located in the heart of Manor Royal, Crawley, to the south of Gatwick Airport. The freehold site (4.5 acres) was acquired from Lothbury Investment Management for £22.4m at a yield of 4.2%. This latest acquisition […] Posted by: Mya Driver Read more
Aldar and Carlyle to Enhance UK Logistics Network with £85 Million Investment in 14 Warehouses Feb 8, 2024 In a strategic move aimed at bolstering the UK logistics sector, Aldar Properties, alongside investment powerhouse Carlyle, has earmarked £85 million for the acquisition and development of 14 key warehouse sites across the UK. This investment highlights the commitment of both firms to the strengthening and expansion of Britain’s logistics infrastructure amidst growing market demands. […] Posted by: Mya Driver Read more
