Schroder REIT appoints Caddick Construction to deliver first Net Zero Carbon in operation warehouse development in the North West Jun 7, 2022 The North West office of family run business, Caddick Construction, has been appointed by Schroder Real Estate Investment Trust (“SREIT”) to deliver eleven warehouse units at SREIT’s Stanley Green Trading Estate (“Stanley Green”) in South Manchester. The new units will have a GDV of approximately £22.5 million and will deliver a further 80,000 sq ft […] Posted by: Nathan Spencer Read more
International PPL to acquire further stake in Thames Tideway super-sewer Jun 1, 2022 Infrastructure investment company International Public Partnerships has conditionally agreed to acquire a further shareholding in the Thames Tideway Tunnel, a 25-kilometre “super sewer” being built under the Thames in order to create a healthier environment for London. International PPL said on Wednesday that the opportunity was conditional on third-party approvals and had arisen as a […] Posted by: Nathan Spencer Read more
Go ahead for London Bridge life-sciences hub Jun 1, 2022 SC1 has the green light for their Vinegar Yard scheme – as the Mayor of London signs off their reworked design almost two years after the initial planning refusal. SC1 is a collaborative group made up of: King’s Health PartnersLambeth CouncilSouthwark CouncilGuy’s and St Thomas’ FoundationIt aims to create a global quarter of high-impact healthcare […] Posted by: Nathan Spencer Read more
Impact Healthcare REIT acquires three care homes in Devon and Somerset in £25m deal Jun 1, 2022 The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has recently completed the accretive acquisition of three properties (one in Somerset and two […] Posted by: Nathan Spencer Read more
Gregory Properties acquires Sheffield business park site Jun 1, 2022 Gregory Properties has agreed to purchase a prime 2-acre development site at Sheffield Business Park. The long-established developer plans to speculatively build a 30,000 sq ft industrial unit and submit a planning application this week. Sheffield Business Park is an established 200-acre Business destination located off Junctions 33 and 34 of the M1 and to […] Posted by: Nathan Spencer Read more
Network Space submits planning for regeneration of former Distillery Jun 1, 2022 Network Space has submitted a full planning application to Knowsley Metropolitan Borough Council for the regeneration and redevelopment of an initial phase of the former Sovereign Distillery site on the Huyton Business Park. Now known as Sovereign Industrial Park, the planning application covers approximately half of the 28 acre site. The scheme comprises the delivery […] Posted by: Nathan Spencer Read more
Dundee Football Club submits plans for new 15,000 seater stadium Jun 1, 2022 Revised plans have been formally submitted by Dundee FC – who are planning to develop a 15,000 seater stadium near Camperdown Park. Situated next to the current Leisure Park the project will include 210 homes, a 100 bed hotel and restaurants. They plan to deliver the stadium by 2024. In addition to the stadium there […] Posted by: Nathan Spencer Read more
Kennedy Wilson acquires 20 UK logistics assets in £220m deal Jun 1, 2022 Global real estate investment company Kennedy Wilson has acquired a high-quality, diversified portfolio of 20 UK urban logistics assets totalling 1.3 million square feet, via an off-market transaction with UK logistics specialist, Leftfield, for £220 million. Kennedy Wilson has a 20% ownership in the portfolio and invested $24 million of equity in the transaction. The industrial […] Posted by: Nathan Spencer Read more
31-storey Isle of Dogs tower set for approval Jun 1, 2022 A major scheme in Tower Hamlets has been recommended for approval – which will see Mount Anvil and One Housing deliver a 31-storey residential scheme.The project, which previously obtained consent for a 26-storey tower, has been increased in size with HTA Design drawing up plans to add five additional storey’s to the build.24 homes and […] Posted by: Nathan Spencer Read more
Schroder REIT acquires £15m Manchester mixed-use asset Jun 1, 2022 Schroder Real Estate Investment Trust Limited, the actively managed UK-focused REIT, announces the acquisition of St. Ann’s House in Manchester, for £14.7 million, reflecting a net initial yield of 7.8%, a reversionary yield of 9.1% and a low average capital value of £283 per sq ft. The mixed-use office and retail asset generates £1.22 million […] Posted by: Nathan Spencer Read more
