Lismore’s review predicts opportunities in a more liquid Scottish investment market Jan 11, 2023 Leading independent property advisory firm, Lismore Real Estate Advisors, today released its review of the Scottish investment market for the final quarter of 2022, along with predictions for 2023. Simon Cusiter, Director of Lismore comments: “The speed and extent of the pricing correction that has taken place in the latter half of 2022 has caught […] Posted by: Nathan Spencer Read more
Rainier’s plans for derelict Nottingham site gather pace Jan 11, 2023 Rainier Developments’ plans to transform a derelict site near Nottingham train station are gathering pace following a multi-million-pound land sale. The 0.62-acre site on Waterway Street has been purchased unconditionally by Rainier Developments from Nottingham City Council. The site has been vacant for the past five years, and will now see Rainier Developments bringing forward […] Posted by: Nathan Spencer Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 11, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Nathan Spencer Read more
Kingsbridge Estates acquires strategic logistics development site at Segensworth, near Southampton Jan 11, 2023 Leading commercial property developer Kingsbridge Estates has completed the purchase of a 4.7-acre site at Segensworth, near Southampton, and will bring forward plans to deliver a new industrial development. The Chichester-based developer, working with a joint venture partner, has acquired Chartwell Court and proposes to submit a planning application to develop a new 110,000 sq.ft […] Posted by: Nathan Spencer Read more
£15m ‘Extra Care’ housing development for over-55s for Shropshire Jan 11, 2023 One of the West Midlands’ fastest-growing providers of affordable homes and social housing has completed a £15m deal to build a new ‘Extra Care’ development in Shropshire. Keon Homes, which has already seen turnover rise by 33% to £25m in 2022, has purchased land from Bloor Homes at its Hutchinson Gate site in Newport and […] Posted by: Nathan Spencer Read more
Unite Students reports strong early growth 2023 Jan 11, 2023 Unite Students this morning announces a trading update and Q4 Fund Valuations. The Group has seen a strong start to the 2023/24 cycle with an expected rental growth of at least 5% for the year, continuing to deliver high-quality properties to students across the country. Please see the highlights below: Guidance reiterated for adjusted EPS […] Posted by: Nathan Spencer Read more
Unite Students acquires new site in Stratford, London Jan 11, 2023 Unite Students, the UK’s leading provider of student accommodation, has completed the acquisition of Jubilee House, in Stratford, for £73million. The existing office building full planning consent for a 36-storey scheme, providing 716 beds for students. The development in Farthingale Walk, Stratford, London, will also incorporate 65,000 sq ft of academic space, which will be occupied […] Posted by: Nathan Spencer Read more
Investment in a portfolio of six care homes in Shropshire and Cheshire for £56 million Jan 11, 2023 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 invested in a portfolio of six care homes which were owned and operated […] Posted by: Nathan Spencer Read more
Invest Newcastle confirms partnership with UKREiiF 2023 Jan 11, 2023 Invest Newcastle has confirmed their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Inward investment agency, Invest Newcastle, part of NewcastleGateshead Initiative (NGI), drives and delivers economic growth in Newcastle and Gateshead and wider North of Tyne region by securing capital […] Posted by: Nathan Spencer Read more
Edmond de Rothschild gets £42.25m loan for BTR scheme Jan 11, 2023 Barclays has provided Edmond de Rothschild Real Estate Investment Management with a five-year, £42.25m development loan to assist with a build to rent (BTR) scheme in Birmingham’s LGBTQ+ Quarter The Edmond de Rothschild Real Estate Investment Management has secured a five-year, £42.25m development loan from Barclays to support its construction of a 406-unit build to […] Posted by: Nathan Spencer Read more
