LondonMetric announces the £44m acquisition and leaseback of urban logistics site May 20, 2021 LondonMetric Property Plc announces the acquisition of a well located urban logistics warehouse in Waltham Cross for £43.8 million through a sale and lease back transaction. The 115,000 sq ft warehouse is let to Reynolds, a national foodservice business, on a new 23 year lease with the benefit of CPI+1 linked rent reviews of between […] Posted by: Nathan Spencer Read more
Stoke-on-Trent chose for Home Office’s new case centre creating 500 jobs May 20, 2021 Home Secretary Priti Patel has revealed plans to create more than 500 government jobs in Stoke-on-Trent over the next five years, whilst plans are also in place to move senior Civil Service roles to the area. The Home Office is set to open an Immigration Caseworking Innovation Centre in the city, which will see the […] Posted by: Nathan Spencer Read more
Peabody purchases site from Europa Capital and St Congar Land for residential-led project May 20, 2021 Following four years of extensive remediation, Europa Capital, the pan-European real estate investment manager, and its joint venture partner St Congar Land, announces that it has completed the sale of Dagenham Dock, the site of the former Ford Stamping Works, to Peabody housing association. Peabody is working closely with Barking and Dagenham Council, BeFirst and […] Posted by: Nathan Spencer Read more
136-acre Skegness Gateway urban extension revealed May 20, 2021 Plans to transform Skegness with the development of a sustainable urban extension to the west of the town have today (19 May) been revealed. The proposals for Skegness Gateway, to be the subject of a Local Development Order (LDO) with East Lindsey District Council later this year, outline a scheme that will provide hundreds of […] Posted by: Nathan Spencer Read more
Bridge Industrial acquires Southall site for first UK industrial development May 20, 2021 Bridge Industrial, the US-based industrial real estate operating company and investment manager, has announced its first acquisition for industrial space since opening its London office in November 2020. Bridge has purchased a site with an existing warehouse unit in the Great Western Industrial Park in Southall, North West London. Bridge will commence the construction of […] Posted by: Nathan Spencer Read more
Lendlease gets on board with UKREiiF May 19, 2021 Lendlease’s European Managing Director for Development Bek Seeley has joined the Advisory Group of the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF). In her current role with Lendlease Bek is responsible for leading the Development business to successfully deliver Lendlease’s European pipeline including the Over-Station Development at Euston, Thamesmead Waterfront, Birmingham Smithfield, Elephant Park, […] Posted by: Nathan Spencer Read more
Mixed-use developer, Montreaux, expands development team May 19, 2021 Successful mixed-use developer, Montreaux, recently expanded its team with the appointment of new Development Manager, John English. With a strong background from within the industry – including a degree in Land Management from Reading University, and ten years at Broadhaven Estates overseeing the Planning and Acquisition team – John will no doubt make a valuable […] Posted by: Nathan Spencer Read more
Progress on £25m Rushbond & Advent Developments Stonebridge Mills project May 19, 2021 Caddick Construction have started work on a key brownfield residential scheme to deliver 112 homes on the site of the former Stonebridge Mills in Farnley, Leeds, on behalf of developers Rushbond Plc and Advent Developments. The £25m project called Stonebridge Beck and located on Stonebridge Lane includes 82 contemporary style, new build, homes as well […] Posted by: Nathan Spencer Read more
Ediston in £1bn build deal to develop 11,000 homes in Scotland May 19, 2021 Business tycoon Lord Willie Haughey plans to spend more than £1bn on building 11,000 homes affordable homes in Scotland over the next nine years – and his Glasgow based company City Facilities Management Holdings has formed a partnership with property group Ediston to bring forward the plans. He said the plan would reduce rental costs […] Posted by: Nathan Spencer Read more
Panattoni secures 31-acre M1 site due to ‘strong demand’ in UK marketplace May 19, 2021 Panattoni, the largest developer in Europe, has announced it has secured the purchase of a key 31-acre site at J28 of the M1. Panattoni Park J28 Central M1 is the latest addition to the developer’s portfolio, having recently announced its commitment to over three million sq ft of speculative builds in the UK this year. […] Posted by: Nathan Spencer Read more
