REIT new leasing activity continues to deliver rental growth Feb 8, 2023 UK Commercial Property REIT Limited which owns a £1.31 billion portfolio of high quality and diversified real estate across the UK today provides a net asset value and trading update for the fourth quarter of 2022. Highlights * Calculated, under AIC guidance, as gross borrowings less cash divided by portfolio value. Ken McCullagh, Chair of […] Posted by: Nathan Spencer Read more
Target Healthcare announces ‘resilience’ dividend Feb 8, 2023 Target Healthcare (LSE: THRL), the UK listed specialist investor in modern, purpose-built care homes, announces its unaudited quarterly Net Asset Value (‘NAV’) as at 31 December 2022, together with an update on corporate activity, and declares its second interim dividend for the year ending 30 June 2023. Corporate activity highlights Stable financial position and portfolio […] Posted by: Nathan Spencer Read more
Kadans expands Oxford footprint with new acquisition at Abingdon Science Park Feb 8, 2023 Kadans Science Partner continues to expand their Pan-European portfolio with a recent addition to their existing science cluster in Abingdon Science Park, Oxfordshire. The asset at Grange Court, which was acquired from a private investor, sits in close proximity to Kadans’ existing spaces across the Science Park. As part of the acquisition Kadans will be […] Posted by: Nathan Spencer Read more
British Library extension given green light by Camden Council Feb 8, 2023 Last year, the British Library and its development partners Stanhope plc and Mitsui Fudosan UK Ltd (SMBL) submitted a planning application to extend, reorient and open up our St Pancras site. The development will respond to the changing needs of our users, creating brand new spaces for culture, learning, research and business, which will invite […] Posted by: Nathan Spencer Read more
Planning permission approved for Boxpark Liverpool Feb 8, 2023 The Head of Development at BOXPARK, Matthew McMillan attended the Planning Committee with Liverpool City Council for the BOXPARK Liverpool scheme. They found out that our planning application for the scheme had been approved with unanimous consent. Liverpool Chair Cllr Tony Concepcion said in the committee that: “BOXPARK Liverpool is a welcome addition to the […] Posted by: Nathan Spencer Read more
High Court confirms go-ahead for Bristol Airport’s expanded capacity Feb 8, 2023 The High Court has today dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expanded capacity. The Planning Inspectorate decided in February 2022 to allow Bristol Airport to increase its cap on passengers from 10 million passengers each year to 12 million. The Airport’s plans include major investment in the terminal […] Posted by: Nathan Spencer Read more
Lambeth first Local Authority to invest in LCIV UK Housing Fund Feb 8, 2023 London CIV is pleased to report that it has received the first Pensions Committee approval from a Client Fund to invest into the London CIV UK Housing Fund (“the Housing Fund”). The Housing Fund has an open-ended structure and will focus on increasing the supply of good quality, affordable housing in the UK. This will […] Posted by: Nathan Spencer Read more
Former NHS facility student accommodation plans set for approval Feb 8, 2023 A development for more than 200 student bedrooms on the former site of a healthcare facility in York is set to get the green light. York St John University submitted a full planning application last for the re-development of Peppermill Court. Permission is being sought for the construction of six linked student blocks, which includes […] Posted by: Nathan Spencer Read more
£6.97 million of funding for East Midlands transport, housing, and skills programmes Feb 8, 2023 £6.97 million in funding for local improvements in the East Midlands has been approved by the Government. The funding which has been given the green light is part of an early investment offered to our area as part of devolution negotiations. It is not dependent on devolution proposals going ahead. It is part of £18 […] Posted by: Nathan Spencer Read more
AFL Architects sign up for UKREiiF 2023 Feb 8, 2023 AFL Architects have confirmed their involvement in The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Architecture and masterplanning firm, AFL Architects are due to take centre stage for an Industry in Focus session at the second annual UKREiiF event. UKREiiF is set to […] Posted by: Nathan Spencer Read more