Panattoni submits plans for 420,000 sq ft speculative logistics development

Panattoni, the largest industrial real estate developer in Europe, has submitted a planning application for one of the largest speculative logistics facilities in South Yorkshire.The application is for a 417,570 sq ft facility, called Panattoni Doncaster 420, next to Doncaster Sheffield Airport. Panattoni acquired the 18.4-acre site with outline planning consent from Peel L&P in […]

Posted by: Nathan Spencer

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Church of England to set up housing association

The Church of England is set to create a national housing association that will look to tackle the housing crisis and become a major provider of social housing.Today’s announcement comes more than a year after a commission set up by Archbishop of Canterbury Justin Welby published a report titles Coming Home: Tackling the Housing Crisis […]

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Parklane plans PBSA project in Glasgow

Plans have been submitted to convert a hotel in Glasgow’s Sauchiehall Street into student accommodation.The Parklane Group wants to convert and extend the former Lorne Hotel premises, part of which is A-listed, into 147 studios plus a range of facilities including a cinema, games rooms, gym, spa, events kitchens, an amphitheatre, cultural lounges and study […]

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Slate invests £50m into UK vertical farming

Slate Asset Management has invested £50m in UK-based vertical farming business Eider VF (EVF).The asset manager said the investment was made on behalf of the Cities and Communities Impact Infrastructure Strategy launched in February this year.Founded in 2016, EVF develops farms growing leafy produce to be sold to the UK mass market. EVF’s products are […]

Posted by: Nathan Spencer

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Oxenwood secures £63m development loan from Blackstone

Oxenwood Real Estate, the UK and European real estate investment management firm, has secured a £63 million debt facility from Blackstone Real Estate Debt Strategies to fund two UK logistics developments.The three-year development loan has been secured on behalf of Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood. The largest of the […]

Posted by: Nathan Spencer

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Clearbell closes £150m investment programme

Clearbell UK Strategic Trust (CST), a Trust advised by Clearbell Capital, has announced that it is now fully invested, following the acquisition of 6-24 Britannia Street in Kings Cross for £13.5m. CST has acquired 20 assets over 12 separate transactions since November 2020, totalling more than £150m. The mixed-use portfolio has significant exposure to logistics, […]

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Helical and Baupost JV disposes of London asset for £16.5m

Helical plc, a UK real estate investment trust (REIT) specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings together with its joint venture partner Baupost Group, has exchanged contracts to sell 55 Bartholomew Close to a private European investor for £16.5m. The sale price reflects a net initial yield of 4.5% […]

Posted by: Nathan Spencer

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