Plan to support 100,000 jobs across Western England and South Wales launched Western Gateway Conference Jun 12, 2023 The Western Gateway Hydrogen Delivery Pathway suggests that investing in Hydrogen infrastructure within the area could create up to new 40,000 new jobs (directly and indirectly) and safeguard a further 60,000 existing jobs. By investing in Hydrogen for the sectors which need it in the area, the plans also suggest that between 16,000 and 21,000 kilo tonnes […] Posted by: Mya Driver Read more
LXi REIT plc – Profitable Disposal Jun 12, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […] Posted by: Mya Driver Read more
GLP to spec build 1.4 million SQ FT at Magna Park Lutterworth Jun 12, 2023 GLP, the leading global business builder in logistics, digital infrastructure, renewable energy and related technologies, is set to speculatively develop 1.4 million SQ FT across four units in Magna Park Lutterworth (MPL), reflecting the sustained expansion and success of Europe’s largest dedicated logistics park. GLP has received detailed planning permission for four new warehouses, three […] Posted by: Mya Driver Read more
Phenna Group acquires Evolution Water Services Jun 12, 2023 Headquartered in Nottingham, UK, Phenna Group’s aim is to invest in and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers’ peace of mind by delivering first class assurance & consultancy services. This is our 7th acquisition of 2023 and the 2nd in the […] Posted by: Mya Driver Read more
Northwest Healthcare Properties Real Estate Investment Trust Announces Finalization of Its UK Joint Venture Jun 12, 2023 Northwest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), announces that its UK healthcare real estate joint venture will close in June 2023, the completion of the sale of its Bakersfield Hospital on May 31st, approval from the Toronto Stock Exchange (the “TSX”) to acquire up to 10% of its public float under a normal course […] Posted by: Mya Driver Read more
A new partnership with Penny Lane Builders Jun 12, 2023 The partnership, valued at up to £167 million, has been agreed for five years with an optional extension of a maximum of 5 further years, subject to agreement. A number of services will be delivered as part of the new contract including general repairs, maintenance, empty property and planned replacement works, gas servicing, electrical works […] Posted by: Mya Driver Read more
Flagship development progresses on council land in Weston Jun 12, 2023 North Somerset Council has moved a step closer to delivering 425 new high quality, highly sustainable and affordable homes on land it owns in Weston-super-Mare. A build lease agreement was signed last month (May 2023) by the council and its chosen developer Keepmoat to deliver the homes near Locking. Part of the Parklands Village development, […] Posted by: Mya Driver Read more
Schroder REIT: Results for the year Jun 12, 2023 Schroder Real Estate Investment Trust Limited, the actively managed UK focused REIT, today announces its final results for the year ended 31 March 2023. High income return and a sector leading debt profile underpinning earnings and a further dividend increase Asset management and transactional activity leading to long term outperformance against the MSCI Benchmark, strong […] Posted by: Mya Driver Read more
GPE secures resolution to grant planning permission at Minerva House Jun 12, 2023 Great Portland Estates plc (GPE) announces that Southwark Council has resolved to grant planning permission for the high-quality redevelopment of Minerva House, SE1. The proposals, designed by Ben Adams Architects, are to re-use and extend the existing office building on the Southbank of the River Thames, which will be re-designed to meet GPE’s four strategic […] Posted by: Mya Driver Read more
Development partner sought: residential development in March, Cambridgeshire Jun 12, 2023 With Bidwells, we’re delighted to offer For Sale a circa 12-acre site located at Princess Avenue in March, Cambridgeshire We have secured outline planning permission for: The greenfield site is within comfortable walking distance of schools, shops and facilities. Principal frontage and vehicular access is via Princess Avenue to the east. Deadline for offers is […] Posted by: Mya Driver Read more
