Marginal Valuation Increases Point to Portfolio Stabilisation While Leasing Momentum Remains Strong May 10, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), which owns a £1.32 billion portfolio of high quality and diversified real estate across the UK today provides a net asset value (“NAV”) and trading update for the first quarter of 2023. Highlights · EPRA earnings per share steady at 0.81p (31 […] Posted by: Mya Driver Read more
Showcasing the city of Hull at UKREiiF May 10, 2023 Hull City Council will next week showcase the city at the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The council’s Invest Hull team will be hosting a stall in the exhibition hall at Royal Armouries in Leeds for the three-day event from 16-18 May. Invest Hull is dedicated to attracting new investment to the […] Posted by: Mya Driver Read more
Glenbrook secures planning for £100m 40-acre employment park in Wigan May 10, 2023 Glenbrook has been granted planning consent at appeal for a new 625,000 sq ft employment park in Wigan, Greater Manchester. Located close to the M6 motorway, Glenbrook identified and secured the 40-acre site for development on what is one of the last allocated employment sites in Wigan. The site has been allocated for employment use […] Posted by: Mya Driver Read more
New era for SSE Solar and Battery as it joins SSE Renewables May 10, 2023 Move will progress delivery of existing 2GW project pipeline in UK and Ireland, and expand into opportunities in Europe. SSE’s Solar and Battery team is entering a new era as it joins SSE Renewables to progress the delivery of its near 2GW pipeline of projects in the UK and Ireland, and expand into Europe to […] Posted by: Mya Driver Read more
As Bansco Progresses £45 million industrial development in Greater Manchester a further deal is agreed May 10, 2023 Bansco is onsite delivering Broadheath Networkcentre in Altrincham where a second pre let deal has just been agreed to freight forwarding specialist, XPand Logistics. Bansco is delivering the development on behalf of Network Space, with work at the 11.5 acre former Cartwright headquarters due to complete this autumn. XPand Logistics is taking a 28,700 sq […] Posted by: Mya Driver Read more
Walker Morris sign up for UKREiiF 2023 May 10, 2023 Walker Morris are taking part in the 2023 UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Law firm, Walker Morris, will lead the ‘Building Safety Act One Year On: Practical Answers to Ongoing Challenges’ session at the Industry in Focus Pavilion. This session will […] Posted by: Mya Driver Read more
Morgan Sindall Group plc Trading Update May 5, 2023 Ahead of today’s Annual General Meeting (‘AGM’), Morgan Sindall Group plc (‘the Group’), the construction and regeneration group, provides an update on trading and the outlook for the 2023 financial year. Group performance & outlook Trading since the start of the year has been as expected and the general market conditions coming into 2023 have […] Posted by: Mya Driver Read more
GPE announces two central London acquisitions for £53 million May 5, 2023 GPE is delighted to announce the acquisition of the freehold interest at 141 Wardour Street, W1 for £39 million (£1,156 per sq ft). The 33,717 sq ft building is currently vacant, has been stripped out and benefits from planning consent for a comprehensive refurbishment. The building is in the heart of Soho, prominently positioned on […] Posted by: Mya Driver Read more
Hines Strengthens London Logistics Footprint May 5, 2023 Hines, a global real estate investment, development, and property manager, has acquired five logistics assets across three separate transactions from different vendors throughout the United Kingdom, Spain, and The Netherlands on behalf of its Hines European Property Partners (HEPP) core-plus fund. In the current macro-economic climate, investor appetite for high quality logistics assets remains healthy, […] Posted by: Mya Driver Read more
Schneider Electric confirms partnership with UKREiiF May 5, 2023 Energy Management and Automation specialists, Schneider Electric, have officially confirmed their involvement in the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Schneider Electric accelerates the digital transformation of buildings, homes, infrastructure, and industry to create a smart and green future in the new […] Posted by: Mya Driver Read more