UKCM agrees £74 million sale of Wembley logistics asset May 26, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), announces that it has sold its 186,455 sq ft Wembley180 logistics asset in London to Covent Garden IP Limited (“CG”), a registered charitable company. UKCM will receive a consideration of £74 million, which reflects a net initial yield of 3.49% and is broadly in […] Posted by: Mya Driver Read more
Henshall & Partners offer substantial residential development opportunity in East London May 26, 2023 Henshall & Partners, a leading London property consultancy, has been appointed as sole agent to market a significant development opportunity in on Larkshall Road, Highams Park, in the London Borough of Waltham Forest. The existing site extends 0.68 acres and comprises four self-contained office buildings, with a large car park to the rear. The site […] Posted by: Mya Driver Read more
Reconomy Group acquires UK Waste Solutions Limited May 26, 2023 Reconomy Group, a leading global circular economy specialist providing sustainability technology, data and services to a broad range of industries, announces the acquisition of UK Waste Solutions Limited. Headquartered in Newark, Nottinghamshire, UK Waste Solutions Limited are sustainability consultants and managers who specialise in supporting clients across the hospitality, distribution, transport, facilities management, manufacturing and […] Posted by: Mya Driver Read more
Queensberry Founder Paul Sargent urges developers to embrace lessons learned at UKREiiF for the future of development May 26, 2023 Queensberry was a shortlisted entrant for the prestigious Developer of the Year Award at this year’s UK Real Estate Investment and Infrastructure Forum (UKREiiF). Never has its corporate mission to make the world a better place to live in, been more relevant. Founder, Paul Sargent shares his insights from the week’s events and reflects on […] Posted by: Mya Driver Read more
Kadans continues Oxford expansion with Windrush Innovation Centre purchase May 26, 2023 Kadans Science Partner will add Windrush Innovation Centre in Oxford, UK to its Pan-European portfolio. The asset will be freehold acquired from Tozi Limited. Kadans intends to demolish the existing building and create over 60,000 sq ft of new high specification laboratory and office space in partnership with the tenant, Oxford Biomedica. Oxford is a […] Posted by: Mya Driver Read more
PLP secures planning for 1 million sq ft logistics unit at Milton Keynes May 26, 2023 PLP has been granted detailed planning consent at PLP MK for a single cross-dock unit of approximately 1 million sq ft, making it the largest immediately deliverable logistics building in the United Kingdom and a unique proposition for the occupational market. The 44-acre second phase of PLP MK, is the only fully consented, fully serviced […] Posted by: Mya Driver Read more
Proposals announced for 20-minute neighbourhood at Straiton May 26, 2023 Exciting proposals to deliver a residential-led development at Straiton North in Midlothian have been announced. Located on the opposite side of Straiton Road from the retail park, proposals by Straiton Estates Ltd will see the delivery of a mix of uses as part of a new 20-minute neighbourhood if consented. In addition to new much-needed […] Posted by: Mya Driver Read more
Class Q development opportunities worth £1.3bn in current market May 26, 2023 The latest research from Searchland, the development site sourcing specialists, has revealed that there is an estimated £1.3bn worth of development potential currently held within Class Q sites across the market in England. Searchland analysed the number of Class Q sites currently available across England, the total building area they occupy and the current market […] Posted by: Mya Driver Read more
Capital & Regional PLC – AGM Trading Update May 26, 2023 Capital & Regional, the UK convenience and community focused shopping centre REIT, today provides an update on trading and developments within its property portfolio ahead of its Annual General Meeting later this morning. Lawrence Hutchings, Chief Executive, commented: “Capital & Regional’s operational performance remains robust, with the affordability of our rents and focus on value orientated, non-discretionary and needs based retail and […] Posted by: Mya Driver Read more
819 bed PBSA scheme in Bristol forward sold to KKR May 25, 2023 Watkin Jones, the UK’s leading developer and manager of residential for rent, is pleased to announce that the Group has exchanged contracts with funds managed by KKR, a leading global investment firm, to forward fund an 819-bed purpose-built student housing (PBSA) scheme in Dalby Avenue located in Bedminster, Bristol. The consideration will be payable to […] Posted by: Mya Driver Read more
