Helical signs contract to partner with Transport for London on commercial office portfolio joint venture

Further to the announcement on 15 February 2023 that Transport for London (TfL)’s wholly owned commercial property company had selected Helical as its preferred investment partner for its sustainable commercial office portfolio across central London, contracts have now been signed confirming Helical as the joint venture partner.  The partnership will see the delivery of new […]

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Port One Logistics Park Expands with Four New ‘Zero Carbon’ Units Following £20m Loan

Port One Logistics Park, which is being developed by Curzon De Vere Limited, is approaching completion on four brand new, pre-let warehousing units, following a >£20m commercial property development loan with Secure Trust Bank (STB) Real Estate Finance. The units were constructed with eco credentials in mind, featuring significant EV charging ports and PV panels. […]

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Rotherham Council Commits £9 Million to Wath Improvements

Rotherham Council’s Cabinet has today, Monday 10 July, committed funds to a near £9 million scheme that will improve Wath Town Centre. These improvements will include: · Demolition of the existing library · Creation of new library and inclusive community facility, including commercial space · Improved connectivity between Biscay Way and the High Street, to […]

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Puma Property Finance signs largest ever loan to fund Build to Rent scheme in Manchester

Puma Property Finance (Puma) today announces it has provided a facility to the McGoff Group of approximately £50m for a new 237-unit Build-to-Rent scheme in central Manchester. The development, known as Downtown Victoria North is located on Rochdale Road, close to Manchester’s main shopping area, Ancoats and the Northern Quarter.  The scheme will see the […]

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DFI with JV partner Argo capitalises on market repricing with over £200million of logistics investments

Deutsche Finance International (“DFI”), a pan-European private equity real estate platform and an affiliate of DEUTSCHE FINANCE GROUP, has launched a U.K. urban logistics platform (the “Platform”) in joint venture (the “JV”) with Argo Real Estate (“Argo”), with the £177 million acquisition of two portfolios in separate transactions. Logistics is a conviction asset class for DFI, […]

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LCP acquires thriving Kidderminster shopping park

National commercial property and investment company LCP, part of M Core, has acquired a busy edge-of-town retail park in Kidderminster, Worcestershire. Weavers Wharf is a 220,000 sq ft retail park, just a few minutes’ walk from Kidderminster town centre, with anchor tenants Marks & Spencer, Next and TK Maxx, Café Nero, Boots, Sport Direct, McDonalds […]

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The Unite Group – Trading Update

Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces an update on current trading and quarterly property valuations for the Unite UK Student Accommodation Fund (‘USAF’) and the London Student Accommodation Joint Venture (‘LSAV’) as at 30 June 2023. Richard Smith, Unite Students Chief Executive Officer, commented: “Reservations for the […]

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Avant Homes North East appoints finance director to further enable ongoing expansion

Sunderland-based Avant Homes North East has strengthened its finance team with the appointment of a finance director to further enable the housebuilder’s regional expansion. Michael Lynch, who joins from Dandara, has more than 30 years’ experience in accountancy within the housebuilding, manufacturing and automotive sectors. In his new role, he is responsible for Avant Homes […]

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£1.175m deal sees MCM Group secure industrial investment

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 […]

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