Clowes acquires Birmingham office campus in £13m deal Jun 1, 2022 Hillview Real Estate, the UK regional office investor, has sold an office campus on the edge of Birmingham to Clowes Developments for £13.1 million, reflecting a net initial yield of 7.5%. The campus is 2620-2650 Kings Court, which comprises six self-contained office buildings, totalling 52,373 sq ft, at Birmingham Business Park, the premier business park […] Posted by: Nathan Spencer Read more
Valor acquires London urban logistics asset in £40m deal Jun 1, 2022 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has continued its momentum in London with the acquisition of a prime urban logistics asset in Park Royal, West London for c £40m from a private vendor. The asset comprises 55,000 sq ft of high-quality warehouse space across two units that are currently […] Posted by: Nathan Spencer Read more
East Midlands Development Company announced independent board Jun 1, 2022 A team of hugely experienced property and investment professionals will help advise on the progress of one of the biggest development opportunities in the UK. The East Midlands Development Company has recruited a team of private sector non-executive directors to work alongside its local authority partners, commercial advisors and core team as it seeks to […] Posted by: Nathan Spencer Read more
GSK announcement imminent on UK Science Cluster development partner Jun 1, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Nathan Spencer Read more
Fiera and Wrenbridge acquire 4.5-acre site for industrial scheme Jun 1, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 4.5-acre site on Limberline Road in Portsmouth to develop a multi-unit Grade A industrial scheme with a GDV in the region of £33m. The business plan is to obtain planning permission for seven industrial units ranging between 6,319 sq.ft to […] Posted by: Nathan Spencer Read more
Oxenwood acquires Manchester logistics estate from pension fund in £19m deal Jun 1, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a multi-let logistics estate near Manchester for £19 million. Located by junction 19 of the M60 orbital motorway in Middleton, four miles north east of Manchester, the 12-acre estate has been acquired from a retained pension fund client of CBRE Capital […] Posted by: Nathan Spencer Read more
Panattoni submits plans for 200,000 sq ft logistics development Jun 1, 2022 Panattoni, the largest industrial real estate developer in Europe, has submitted plans for a 199,672 sq ft speculative, last-mile logistics development in Crawley.The detailed planning application for Panattoni Park Crawley, submitted to Crawley Borough Council, is for a semi-detached unit of 134,012 sq ft and 65,660 sq ft, which could be combined into one unit […] Posted by: Nathan Spencer Read more
Cheyne Capital sells Elivia Homes to funds advised by Octopus Investments Jun 1, 2022 Leading alternative asset manager Cheyne Capital has today announced the sale of its majority shareholding in independent housebuilder Elivia Homes to funds advised by Octopus Investments, part of Octopus Group. Since it first invested in Elivia Homes, formerly Vanderbilt Homes, in 2014, Cheyne has played an integral role in supporting the firm’s ambitious growth into […] Posted by: Nathan Spencer Read more
Stoford reveals plans for next phase of Redditch Gateway Jun 1, 2022 Leading commercial property developer, Stoford has announced plans for the next phase of development at a £200 million logistics and manufacturing scheme near Redditch. A reserved matters planning application has been submitted for the speculative development of almost 450,000 sq ft of new industrial and logistics accommodation at Redditch Gateway, near Junction 3 of the […] Posted by: Nathan Spencer Read more
Home REIT raises £263m to acquire high-quality resi properties Jun 1, 2022 Further to the announcement of 16 May 2022, the Board of Home REIT, which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing suitable accommodation for homeless people, is pleased to announce that it has raised gross proceeds of approximately £263 million through a significantly oversubscribed Subsequent Placing […] Posted by: Nathan Spencer Read more
