British Land secures planning for 120,000 sq ft net zero urban logistics hub serving central London with low carbon deliveries May 5, 2023 British Land has secured planning approval for an ultra-low carbon logistics hub at 5 Kingdom Street, Paddington Central. The 121,000 sq ft facility will provide inbound access to HGVs with outbound deliveries via smaller electric vehicles and electric cargo bikes. With its excellent road and cycle connectivity, the former Crossrail works site will serve the […] Posted by: Mya Driver Read more
PineBridge Benson Elliot Expands Last Mile Logistics strategy in Partnership with Evo Industrial May 5, 2023 PineBridge Benson Elliot, the UK-based pan-European real estate fund manager and their JV Partner, Evo Industrial, have acquired two further sites, under their strategy, with Evo Industrial to deliver last mile logistics in and around London and key regional markets in the UK. The two sites are a 4-acre site in Woodford, East London and […] Posted by: Mya Driver Read more
South Quay regeneration scheme: pre-application consultation launched May 5, 2023 A pre-application consultation has been launched in connection with Pembrokeshire County Council’s South Quay regeneration scheme (phase 2) in the centre of Pembroke. Asbri Planning Ltd. has been commissioned by the County Council to undertake the pre-application consultation in respect of a proposed planning application for the demolition of the existing public toilet at South […] Posted by: Mya Driver Read more
Demolition on former Wilkos site begins May 5, 2023 Demolition work on the former Wilkos building on Corporation Street is under way as the regeneration of Rotherham town centre continues. The Council acquired the building at 4 Corporation Street in January 2023 to prevent it from becoming a long-term empty building, after high street household, DIY and homewares chain, Wilkos, closed the store after […] Posted by: Mya Driver Read more
Target Healthcare REIT plc and its subsidiaries May 5, 2023 Target Healthcare (LSE: THRL), the UK listed specialist investor in modern, purpose-built care homes, announces its unaudited quarterly Net Asset Value (‘NAV’) as at 31 March 2023, together with an update on corporate activity, and declares its third interim dividend for the year ending 30 June 2023. Corporate activity highlights NTA and earnings growth, the […] Posted by: Mya Driver Read more
Liverpool Street station to be transformed as part of £1.5bn sustainably-led regeneration project May 4, 2023 Sellar, the developer of London Bridge Quarter and Paddington Square, MTR, a leading global operator of sustainable rail transport services including the Elizabeth line, and Network Rail have submitted a joint planning application to the City of London Corporation for proposed vital upgrades to transform Liverpool Street station. The £1.5 billion vision for Liverpool Street […] Posted by: Mya Driver Read more
Aviva Investors launches Long Term Asset Fund May 4, 2023 Aviva Investors, the global asset management business of Aviva plc, announces the launch of the Aviva Investors Real Estate Active LTAF (‘REALTAF’/’the Fund’), its first fund under the Long Term Asset Fund (LTAF) regime, a new category of fund designed to provide access to long-term private market assets, and the largest such fund launched in […] Posted by: Mya Driver Read more
Life sciences real estate investment within the ‘Golden Triangle’ totals £496m in Q1 2023 May 4, 2023 Investment into commercial real estate for the UK’s life sciences sector in the Golden Triangle, the area spanning London, Cambridge and Oxford and the UK’s leading market for life sciences and innovation, totalled over £496m in Q1 2023, according to leading global property adviser Knight Frank. This figure represents the highest first quarter investment total […] Posted by: Mya Driver Read more
UKREiiF Announces Shortlist for UKREiiF Festival of Achievement May 4, 2023 The shortlist has been revealed for the UKREiiF Festival of Achievement – with nominated individuals and companies revealed for the awards. Following the first day of UKREiiF (16th May) over 800 people will gather at a unique awards ceremony in Millennium Square, overlooked by the incredible Leeds Civic Hall. The event is looking to shake up […] Posted by: Mya Driver Read more
Delivery of 4,000 build-to-rent (BTR) apartments across major UK cities, including London in the pipeline May 4, 2023 The UK BTR market has welcomed game-changing property management firm, ila, as it embarks on an ambitious journey set to deliver 4,000 much-needed homes across the UK over the next four years. Headquartered in Oxford, ila is part of Ridgeback Group, an integrated BTR investor, developer and asset manager. ila bolsters the group’s portfolio with […] Posted by: Mya Driver Read more