M7 signs major 66,000 sq ft logistics letting at Western Approach Distribution Park in Bristol Apr 18, 2023 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has fully let 1500 Western Approach, a c. 66,000 sq ft logistics property on Western Approach Distribution Park in Bristol, to PICS Telecom. The transaction is the largest logistics letting in the South West for Q1 2023. PICS Telecom has signed a […] Posted by: Mya Driver Read more
Glasgow collaborates with UK Infrastructure Bank to accelerate Clyde Metro development Apr 18, 2023 A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow and UK Infrastructure Bank (UKIB). UKIB has been working with the council to support the development of financial and commercial plans for the mass transit project which was recently confirmed by the Scottish Government as a key priority for […] Posted by: Mya Driver Read more
ABP expands Port of Lowestoft with the acquisition of former Quality Discounts site Apr 18, 2023 Associated British Ports (ABP) has today announced that it has completed the purchase of the former Quality Discounts site, in a move that is designed to improve the vitality of the port-side location, as well as increase the role that the Port of Lowestoft plays as a thriving centre for companies servicing the offshore energy […] Posted by: Mya Driver Read more
Wrenridge and Buccleuch Property sell Oxford life science building to IM Properties for £21.5m Apr 18, 2023 Wrenbridge and Buccleuch Property are pleased to announce that a sale of Nova, Oxford has been agreed with IM Properties for £21.5m on a forward commitment basis. The 43,572 sq ft mid-tech Life Science property has recently secured planning and will be commencing onsite in the coming weeks. Wrenbridge and Buccleuch Property have secured planning […] Posted by: Mya Driver Read more
Glasgow collaborates with UK Infrastructure Bank to accelerate Clyde Metro development Apr 18, 2023 A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow and UK Infrastructure Bank (UKIB). UKIB has been working with the council to support the development of financial and commercial plans for the mass transit project which was recently confirmed by the Scottish Government as a key priority for […] Posted by: Mya Driver Read more
Investigation works planned for Aberdeen City Centre Masterplan Apr 18, 2023 Investigative works are to start next week on the central section of Union Street as part of one of the major projects in the City Centre Masterplan (CCMP). Four trial holes are to be made in the road and pavement to check what services and ducts are underneath the surface before work is due to […] Posted by: Mya Driver Read more
The completion of the 5,000th build-to-rent home by PRS REIT plc solidifies its position as the UK’s largest single-family build-to-rent portfolio Apr 18, 2023 The PRS REIT, the closed-ended real estate investment trust that invests in high-quality, new build, family homes in the private rented sector (“PRS”), is pleased to announce the completion of its 5,000th build-to-rent home. The Company is delighted to report that its 5,000th rental home has now been built. This has helped to take the […] Posted by: Mya Driver Read more
Nuveen Real Estate’s European Value Add Strategy acquires high-quality UK self-storage portfolio from Easistore Apr 18, 2023 Nuveen Real Estate, one of the largest investment managers in the world, announces that it has acquired a high-quality self-storage portfolio in the UK, from Easistore, on behalf of its European Value Add strategy. Nuveen will partner with one of the UK’s leading operators, Storage King, to leverage their operational expertise. The vendor was advised […] Posted by: Mya Driver Read more
PfP Capital and Housing Growth Partnership launch £390 million joint venture to deliver 1,200 sustainable homes across regional city communities Apr 18, 2023 PfP Capital, the social value and ESG-focused real estate fund manager, and Housing Growth Partnership (“HGP”), an equity investor with a social impact remit backed by Lloyds Banking Group, have announced a joint venture (“JV”) which will deliver residential-led, urban communities across the UK. Targeting the construction of up to 1,200 highly sustainable homes, with […] Posted by: Mya Driver Read more
UK BTR investment exceeds £1.1bn in Q1 as rental demand soars Apr 18, 2023 BNP Paribas Real Estate initial data has revealed that investment into UK Build-To-Rent has exceeded £1.1bn so far in Q1 2023, demonstrating the investor appetite for opportunities across the sector as rental demand increases amid first time buyer affordability challenges, which have been further exacerbated by the likes of the removal of Help-to-Buy and the […] Posted by: Mya Driver Read more
