Cornwall’s famous Jamaica Inn sold to The Coaching Inn Group for £8m Aug 19, 2022 Global property adviser Knight Frank has completed the sale of the internationally renowned Jamaica Inn, to The Coaching Inn Group, who purchased the property from Allen Jackson off a guide price of £8m. This iconic 18th Century 36-bedroom coaching inn is known throughout the world and immortalised in Daphne du Maurier’s best-selling novel Jamaica Inn, was […] Posted by: Nathan Spencer Read more
New proposals submitted for Leeds city centre site Aug 19, 2022 On behalf of Urbanite, DLA Architecture and planning consultant Quod have submitted a new planning application for the prominent site that was formerly occupied by the Yorkshire Post in Leeds city centre. The highly visible landmark at the Wellington Street gateway to the city was demolished in 2014 and the site was cleared for redevelopment. […] Posted by: Nathan Spencer Read more
Griffen secures £110 million investment facility from Deutsche Bank for 1.9 million sq ft Golden Triangle logistics portfolio Aug 19, 2022 Griffen UK (“Griffen”), the UK-focused industrial and logistics investor, developer and asset manager, has agreed a £110 million investment loan from Deutsche Bank, secured against a 1.9 million sq ft, two-asset UK logistics portfolio. The five-year facility will support Griffen’s delivery of its business plan across the two fully let schemes, which occupy prime distribution […] Posted by: Nathan Spencer Read more
Panattoni agrees double deal in Aylesford with land purchase and pre-let Aug 19, 2022 Panattoni, the largest logistics real estate developer in the UK and Europe, has agreed a relocation deal with Marley, a UK leader in the manufacture and supply of pitched roof systems to the construction market, that involves Marley relocating to Panattoni Park Aylesford and Panattoni securing a prime site from Marley in Wrotham. Marley has […] Posted by: Nathan Spencer Read more
Angle Property announces acquisition of 1.5-acre office site Aug 19, 2022 Angle Property is pleased to announce it has completed the purchase of RSA House on Western Road in Bracknell from RSA Security UK Limited. The 35,000 sq ft vacant office built in 2000 occupies a prominent 1.5-acre site at the entrance to the established Western Industrial Area and provides an opportunity for re-letting, conversion or […] Posted by: Nathan Spencer Read more
Capita sells real estate and infrastructure consultancy business to WSP in £60m deal Aug 19, 2022 Capita plc (‘Capita’) today announces that it has agreed to sell two real estate and infrastructure consultancy businesses to WSP for £60m on a cash-free, debt-free basis. Taking into account cash-like and debt-like items, Capita expects to receive proceeds of c.£69m at completion. The sale comprises two businesses: Capita Real Estate and Infrastructure (‘REI’) and […] Posted by: Nathan Spencer Read more
Fiera Real Estate disposes of retail asset to Aldi for £5.5m Aug 19, 2022 Fiera Real Estate UK (“FRE UK”) is pleased to announce the sale of West Denton Retail Park in Newcastle on behalf of Fiera Real Estate Long Income Fund UK (“FRELIF”) to Aldi for £5.5m. The asset is situated three miles north-west from Newcastle city centre, just off the A1 and offers excellent road connections for […] Posted by: Nathan Spencer Read more
Macquarie Asset Management acquires significant stake in Virtus Data Centres Aug 19, 2022 St Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio […] Posted by: Nathan Spencer Read more
Pinnacle Power announces UKREiiF partnership for 2023 Aug 19, 2022 Following their involvement in the inaugural UKREiiF event, Pinnacle Power has confirmed their partnership to once again exhibit at next year’s event, which is set to take place in Leeds between 16-18 May, 2023. Designing, building, operating and financing district energy networks for communities across the UK, Pinnacle Power works with local authorities and property […] Posted by: Nathan Spencer Read more
Hopkins Homes kickstarts expansion with 16-acre acquisition Aug 19, 2022 East Anglia’s largest privately owned housebuilder, Hopkins Homes, has marked the beginning of its expansion into new areas by acquiring a 16-acre site in Chelmsford, Essex. Beaulieu Park, just 30 miles from London, signals Hopkins Homes’ intent to grow its renowned collection of distinctive, aspirational homes outside of its traditional roots and reinforces the housebuilder’s […] Posted by: Nathan Spencer Read more
