Helical signs contract to partner with Transport for London on commercial office portfolio joint venture Jul 14, 2023 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 […] Posted by: Mya Driver Read more
Port One Logistics Park Expands with Four New ‘Zero Carbon’ Units Following £20m Loan Jul 14, 2023 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. […] Posted by: Mya Driver Read more
Rotherham Council Commits £9 Million to Wath Improvements Jul 14, 2023 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 […] Posted by: Mya Driver Read more
Puma Property Finance signs largest ever loan to fund Build to Rent scheme in Manchester Jul 14, 2023 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 […] Posted by: Mya Driver Read more
Tritax Symmetry to speculatively build 500,000 sq ft cross dock: Kettering 500 Jul 14, 2023 Tritax Symmetry has announced it is to speculatively develop a new 500,000 sq ft cross dock logistics facility at Symmetry Park, Kettering: Kettering 500. Main contractor Buckingham Group has been appointed to deliver the building which will be built to Net Zero Carbon in Construction and target a minimum BREEAM Excellent and EPC A rating. […] Posted by: Mya Driver Read more
DFI with JV partner Argo capitalises on market repricing with over £200million of logistics investments Jul 14, 2023 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, […] Posted by: Mya Driver Read more
LCP acquires thriving Kidderminster shopping park Jul 14, 2023 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 […] Posted by: Mya Driver Read more
The Unite Group – Trading Update Jul 14, 2023 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 […] Posted by: Mya Driver Read more
Avant Homes North East appoints finance director to further enable ongoing expansion Jul 14, 2023 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 […] Posted by: Mya Driver Read more
£1.175m deal sees MCM Group secure industrial investment Jul 14, 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
