Northamptonshire industrial unit sold for £3.2m Aug 9, 2023 A well-connected industrial unit in Northamptonshire has been sold for £3.2 million. Warwickshire-based The Wigley Group has sold Unit 1-7 Crick Industrial Estate, Eldon Way, to a London-based real estate investment firm. The Wigley Group, which owns and manages business and commercial property across the Midlands, initially purchased the site with vacant possession in […] Posted by: Mya Driver Read more
LondonMetric completes acquisition of CT Property Trust Aug 9, 2023 LondonMetric Property Plc (“LondonMetric” or “Company”) is pleased to announce that it has completed on the acquisition of CT Property Trust Limited (“CTPT”) (“Acquisition”). Following admission this morning of 105.6 million new LondonMetric shares issued as part of the Acquisition, the Company is also pleased to welcome CTPT shareholders to LondonMetric. The Acquisition adds a […] Posted by: Mya Driver Read more
Weston Homes given planning go-ahead for 171 new homes scheme on former gasholder site in Bury, St Edmonds Aug 9, 2023 Leading volume housebuilder Weston Homes has gained planning consent from West Suffolk Council for a new £40m (DGV) residential-led scheme on the former Gasholder site on Tayfen Road, in Bury St Edmunds, which will create 171 new homes homes, comprising one and two-bedroom apartments, and a commercial unit providing 404 sq.metres of flexible workspace. Located […] Posted by: Mya Driver Read more
Shawbrook Group plans £3.5bn merger with Co-operative Bank Aug 9, 2023 Shawbrook Group, a small business lending firm supported by private equity entities such as BC Partners and Pollen Street Capital, is currently strategising a substantial £3.5 billion fusion with Co-operative Bank. This prospective merger holds significance as one of the most notable banking transactions in the UK since the 2008 financial downturn, as stated in […] Posted by: Mya Driver Read more
Leeds University looking for Net Zero Strategic Delivery Partner Aug 9, 2023 The University of Leeds has announced a significant step in its Climate Plan by seeking a strategic delivery partner to help achieve net zero emissions by 2030. The university’s commitment to energy reduction and decarbonization is part of a broader initiative to embrace sustainability and reduce its carbon footprint. A Strategic Pathway to Net Zero […] Posted by: Mya Driver Read more
£19.4 Million Redevelopment: Vacant Leicester City Council Offices to be Transformed Aug 9, 2023 Leicester City Council has approved a £19.4 million redevelopment project that will transform the vacant Ian Marlow Centre in Blackbird Road into a hub for high-tech industries and start-up businesses. Pioneer Park Expansion The city council secured the £19.4 million funding to expand Pioneer Park, the city’s science park. This expansion will include two more […] Posted by: Mya Driver Read more
£Billions of development set for Greenbelt Lands in England Aug 9, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver Read more
TSP continues flex platform expansion with c£6m acquisition of 79 Clerkenwell Road Aug 9, 2023 TSP, the real estate investor and asset manager, has acquired 79 Clerkenwell Road from La Salle IM, in a £5.75m transaction. The acquisition, financed by Investec Bank Plc, will contribute to the expansion of TSP’s flex platform, a portfolio of sustainable commercial offices offering flexible workspace to small- and medium-sized business in London. The 10,000 […] Posted by: Mya Driver Read more
LCP acquires dominant Grimsby retail park Aug 9, 2023 National commercial property and investment company LCP, part of M Core, has taken ownership of the largest retail warehouse scheme in Grimsby. It has acquired Alexandra Retail Park, Alexandra Road, for an undisclosed sum from an institutional vendor, as part of its proactive acquisition drive in shopping parades, centres and retail parks across the country. […] Posted by: Mya Driver Read more
Hines submits proposal for new mixed use destination in Bankside, central London Aug 9, 2023 Hines, a global real estate investment, development and property manager, working with architects Foster + Partners and consultants Lipton Rogers Developments, has submitted a planning application for a mixed-use project to develop 18 Blackfriars Road. The site sits in close proximity to the River Thames and is set among some of London’s best loved cultural […] Posted by: Mya Driver Read more