CDL Hospitality Trust Forward Funds Fiera & Packaged Living’s 352 BtR Scheme Sep 9, 2021 Fiera Real Estate and Packaged Living are pleased to announce the forward funding of the 25 storey, 352-unit build-to-rent scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts. The development, which will be known as “The Castings”, has a GDV of over £73m and is due to complete in Q2 2024. The […] Posted by: Nathan Spencer Read more
Countryside to exhibit at UKREiiF Sep 9, 2021 Countryside, the UK’s leading mixed-tenure developer, will be exhibiting at the inaugural UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), which will be held between 17-19 May 2022 in Leeds. Countryside’s approach to development brings together modern and efficient delivery methods to create sustainable communities where people love to live. Working across the country and […] Posted by: Nathan Spencer Read more
Trammell Crow Company enters UK market with logistics site acquisition Sep 9, 2021 Trammell Crow Company, a global developer and investor in commercial real estate, has acquired a prime 19.4-acre site in Milton Keynes, England to develop three Grade A speculative logistics buildings totalling approximately 340,000 square feet. The site at Merton Drive was home to the former Arcadia Distribution Centre. Construction is expected to begin in Q2 […] Posted by: Nathan Spencer Read more
Mapletree acquires four UK student accommodation assets in £165m deal Sep 9, 2021 Mapletree Investments Pte Ltd has purchased four Purpose-Built Student Accommodation assets in the United Kingdom UK for a total consideration exceeding £165m. Totalling 917 beds, the acquired portfolio comprises PBSA assets in Exeter, Bristol, Leeds and Nottingham and will complement Mapletree’s growing student housing footprint in the UK. They are strategically located within walking distance […] Posted by: Nathan Spencer Read more
New investment trust plans to raise £300m renewable investment fund Sep 9, 2021 Blackfinch Renewable European Income Trust plc (BRET), a new closed-end investment trust, plans an initial public offering (IPO) on the London Stock Exchange to raise up to GBP 300 million (USD 413m/EUR 350m), it was announced today. The new company and its investment manager, UK investment management firm Blackfinch Group, are looking to capitalise on […] Posted by: Nathan Spencer Read more
Chancerygate and Bridges Fund Management submit plans for £25m roadside development Sep 9, 2021 A joint venture between Chancerygate and Bridges Fund Management has submitted a planning application for 200,000 sq ft of trade counter, industrial and drive-through space in Peterborough, Cambridgeshire. This prime roadside development on 8.63 acres will be branded Bourges View, and is adjacent to the city’s premier out-of-town retail destination, Maskew Retail Park, which has […] Posted by: Nathan Spencer Read more
Regional REIT acquires 31 multi-let office assets in £236m deal Sep 9, 2021 Regional REIT Limited (LSE: RGL), the UK regional office specialist, has announced that it has acquired a major portfolio of 31 high quality, predominately multi-let office assets, from Squarestone Growth LLP, for a consideration price of £236.0m. The Board’s expectation is for the Acquisition to be earnings accretive, with significant additional value being achieved over […] Posted by: Nathan Spencer Read more
Responsible Housing REIT announces plans to raise £250m in supported housing accommodation plan Sep 9, 2021 Responsible Housing REIT has announced its intention to launch an initial public offering and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc. The Company’s investment objective is to generate a consistent and sustainable […] Posted by: Nathan Spencer Read more
NewRiver signs ‘Urban Mobility Hub’ portfolio deal with innovative parking solutions provider APCOA Sep 9, 2021 NewRiver has signed a portfolio agreement with APCOA, Europe’s largest car parking solutions operator, to deliver an innovative Urban Mobility Hub concept across the company’s £1 billion portfolio of community shopping centres and conveniently located retail parks. The new concept – Urban Mobility Hubs – will enhance the customer experience by offering customers convenient access […] Posted by: Nathan Spencer Read more
Countryside: Partnerships can help us build our way to a post-pandemic recovery Sep 9, 2021 Now restrictions implemented at the height of the pandemic have largely eased and an economic recovery is underway, the UK’s residential property sector, which has remained buoyant throughout the pandemic, is helping to fuel one of the fastest recoveries in Europe. During lockdown, measures to suppress the contraction of the market, such as various business […] Posted by: Nathan Spencer Read more
