EQT Exeter submits planning for new Knowsley scheme May 25, 2023 EQT Exeter has submitted a planning application for a new 442,000 sq ft high-quality logistics facility to replace an existing building in Knowsley, Merseyside. The plans would see the redevelopment of Deacon Park, a multi-occupied existing building, which is located on Moorgate Road North. EQT Exeter acquired the site in 2021 and has since been […] Posted by: Mya Driver Read more
Puma Property Finance and Glenmore Group partner on new £25 million student accommodation project in Dundee May 25, 2023 Puma Property Finance (Puma) has today announced it is providing a development facility for Glenmore’s most recent purpose-built student accommodation (PBSA) project in Dundee. The £25 million, 152-bed all-studio accommodation is located minutes away from both the University of Dundee and Abertay University, next to the city centre. The development will be Puma’s third with […] Posted by: Mya Driver Read more
Empiric Student Property plc – Business and Trading Update May 25, 2023 Empiric Student Property plc (ticker: ESP), the owner and operator of premium, studio-led, student accommodation across the UK, is pleased to provide a business and trading update as at 23 May 2023. Highlights Duncan Garrood, Chief Executive Officer of Empiric Student Property plc, said: “The booking cycle for academic year 2023/24 continues to track significantly […] Posted by: Mya Driver Read more
abrdn European Logistics Income plc – Portfolio Update and Unaudited Net Asset Value as at 31 March 2023 May 25, 2023 abrdn European Logistics Income plc (LSE: ASLI), the Company which invests in a diversified portfolio of European logistics real estate, announces its unaudited quarterly Net Asset Value (“NAV”) for the quarter ended 31 March 2023. Summary • The portfolio valuation decreased from €758.7 million to €722.7 million, a 4.7% like-for-like valuation decline, reflecting continued market […] Posted by: Mya Driver Read more
Maia Real Estate Group Seals £7.3m Loan from Secure Trust Bank to Fund Expansion May 25, 2023 Maia Real Estate Group has secured a £7.3m investment property loan from Secure Trust Bank (STB) Real Estate Finance to invest in seven apartment developments across Cheltenham and London. Active in multiple categories of real estate, Maia Real Estate Group’s core focus is on multi-residential assets in the UK. Maia acquired a portfolio of six […] Posted by: Mya Driver Read more
Hartlepool Development Corporation Board agree vision for future of town May 25, 2023 The Hartlepool Development Corporation Board has unanimously agreed the masterplan to supercharge regeneration in the town at its second meeting. The plan is focused on accelerating Hartlepool by maximising the potential of its maritime past, manufacturing present and creative future. Its overall vision is: “Imaginative, Creative & Ambitious – A 21st-century maritime town; a thriving […] Posted by: Mya Driver Read more
JR Capital and ChanceryGate £150m urban logistics fund acquires 12 units on Eastbourne’s Compton industrial estate May 25, 2023 An industrial estate comprising 12 units totalling 121,780 sq ft on Compton Industrial Estate in Eastbourne has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund acquired the industrial estate from a joint venture between commercial property business Canmoor and investment […] Posted by: Mya Driver Read more
Valor Real Estate Partners, has completed a 57,000 sq ft pre-let to Specialist Computer Centres at Oscar House, in Birmingham. May 25, 2023 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, provides the following update on its operational performance in advance of its Annual General Meeting, which will take place at 10am today. Further information on the AGM can be found at the end of this announcement. The Company will announce […] Posted by: Mya Driver Read more
Valor agrees 57,000 sq ft urban logistics letting in Birmingham following major sustainability-led refurbishment May 25, 2023 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has completed a 57,000 sq ft pre-let to Specialist Computer Centres (“SCC”) at Oscar House, in Birmingham. Having acquired the urban logistics property in 2021, Valor subsequently undertook a significant capex programme, which included a 6,000 sq ft extension and a number of […] Posted by: Mya Driver Read more
Helical well positioned with 790,000 SQ FT development pipeline May 25, 2023 “The central London office market has suffered a fall in capital values over the last year and Helical has not been immune to these market movements, with our portfolio experiencing a valuation decline of 10.1% (on a like-for-like basis). “While previous valuation falls have been caused by recessions following periods of economic exuberance leading to […] Posted by: Mya Driver Read more
