Capital&Centric to transform Sheffield’s iconic Cannon Brewery Oct 28, 2022 It’s been revealed that social impact developers Capital&Centric – who spend £3m a week on regeneration – are set to create a new neighbourhood at the long-abandoned Cannon Brewery in Sheffield. The developer has exchanged contracts to acquire the site that was once home to Stones Brewery but has lain empty since shutting its doors […] Posted by: Nathan Spencer Read more
Planning permission received for over 700 homes in East Manchester scheme Oct 28, 2022 Manchester City Council has today approved plans for more than 700 new homes, a secondary school, a park and a community hub. The development will transform the unused land, formerly known as Jacksons Brickworks into a mix of house types including apartments and housing. The properties will be available for various tenures, including affordable rent […] Posted by: Nathan Spencer Read more
Invesco backs UKREiiF sponsor Related Argent’s £8bn Brent Cross Town development Oct 21, 2022 Related Argent, one of the most respected owner, developer, operators in UK property and a sponsor at UKREiiF, has formed a joint venture with Invesco Real Estate, the global real estate investment manager which is acting on behalf of a US separate account client, to deliver £600m of Gross Development Value (“GDV”) at the £8Bn […] Posted by: Nathan Spencer Read more
Peel Cubico Renewables launches green energy scheme on Isle of Man Oct 21, 2022 Proposals for the first solar farm to provide affordable green energy to residents and businesses on the Isle of Man and begin the decarbonisation of electricity generation on the Island launches today (20 Oct). The plans for the Billown Solar Farm in Malew, near Castletown are being put forward by Peel Cubico Renewables (PCR) and […] Posted by: Nathan Spencer Read more
Oxford Properties and M7 Real Estate announce EV infrastructure investment Oct 21, 2022 SSE Energy Solutions has kicked off plans for a major electric vehicle (EV) charging network across the UK by announcing a significant new partnership with global commercial real estate investor, asset manager and business builder, Oxford Properties (Oxford) and its pan-European portfolio company M7 Real Estate (M7). SSE plans to build 300 EV charging bays […] Posted by: Nathan Spencer Read more
Aldermore provides £21m of loans for PBSA development in Leeds Oct 21, 2022 Aldermore has provided loans totalling £20.9m to Study Inn Group for a 400 room, two phase student accommodation development, in the heart of Leeds city centre. The first phase, Brotherton House on Grace Street was converted and regenerated to create 163 rooms and opened for the student intake in September 2022 with all rooms fully […] Posted by: Nathan Spencer Read more
Share purchase by Simon Lee, LXi Investment Advisor Oct 21, 2022 The Board of LXI REIT (ticker: LXI), the specialist inflation-protected very long income REIT, announces that Simon Lee, Partner and Fund Manager of the Company’s Investment Advisor, LXI REIT Advisors Limited, acquired 207,989 ordinary shares in the capital of the Company at 118.9 pence per share for a total cost of £247,299 on 17 October 2022. LXi REIT PLC recently exchanged contracts with J Sainsbury […] Posted by: Nathan Spencer Read more
Norway Oil Fund Buys 48.75% Stake in UK Life-Sciences Property For £90.2m Oct 21, 2022 Norges Bank Investment Management has signed an agreement to acquire a 48.75 percent interest in a property which will be developed into a life sciences property, located at Capital Park in Cambridge. The investment will be made in joint venture with the Public Sector Pension Investment Board “PSP Investments” and Longfellow Real Estate Partners “Longfellow”. […] Posted by: Nathan Spencer Read more
3000 acre property for sale in Cumbria Oct 21, 2022 Mitchell’s Land Agency is selling a property that extends to 3,000 acres and rises to 931m on the summit of Skiddaw one of the Lake District’s most visually pleasing fells. Skiddaw House, the most Secluded House in England rests 1,500 feet above sea level, on the back of spectacular Skiddaw. “As one of the oldest established […] Posted by: Nathan Spencer Read more
Leopard Capital sells Booker Cash & Carry warehouse in Trowbridge for £3.25m Oct 21, 2022 Leopard Capital, the property investment fund, has completed the off-market sale of the Booker Cash & Carry warehouse, Canal Industrial Estate, Trowbridge for £3,250,000, reflecting a Net Initial Yield of 5.59%. Leopard Capital acquired the asset in 2018 for £2,385,000. The asset totals 35,527 sq ft GIA and is let for a further 2.5 years […] Posted by: Nathan Spencer Read more
