OakNorth Bank completes £9.8m loan to Eccleston Square Hotel Dec 21, 2022 OakNorth Bank has provided a £9.8m loan to boutique London hotel, Eccleston Square Hotel. The capital will be used to refinance existing debt and support the hotel’s future growth strategy. Previously known as Elizabeth Hotel, the five-storey, grade-II listed site was converted from a B&B in 2010, is managed by Olivia Byrne, and comprises of 39 double […] Posted by: Nathan Spencer Read more
Panattoni acquires prime 257,000 sq ft logistics development site in Brighton Dec 21, 2022 Panattoni, the largest logistics real estate developer in the UK and Europe, has acquired a prime site near Brighton for a 257,000 sq ft speculative logistics development to serve the south coast markets. The development, called Panattoni Park Brighton, is on a 12-acre site, which Panattoni has just acquired in an off-market deal from an […] Posted by: Nathan Spencer Read more
HSH Coldstores acquires ACS&T logistics Dec 21, 2022 HSH Cold Stores Limited, part of Constellation Cold Logistics and a market leading provider of temperature-controlled storage and distribution solutions across the UK, today announced reaching agreement to acquire Associated Cold Stores & Transport Limited, a subsidiary of Camellia PLC. The transaction is expected to close on 10 January 2023. The acquisition of ACS&T will […] Posted by: Nathan Spencer Read more
Opportunity London delegation to bring 24 of the capital’s local authorities to UKREiiF 2023 Dec 21, 2022 Opportunity London, a major campaign to attract sustainable investment to the capital, has confirmed it will be bringing 24 London boroughs, alongside the Greater London Authority and City of London Corporation to the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. UKREiiF is set to […] Posted by: Nathan Spencer Read more
Sustainable property investment project boosted by £2.3m loan from Triodos Bank Dec 21, 2022 Autonomous Investments Properties will expand its commercial property portfolio in the South West and invest in large-scale decarbonisation works with the backing of a new loan from Triodos Bank UK. The firm is a subsidiary of Autonomous Investments, which was founded in 2008 and has an ethos of creating positive societal change and operating sustainably. […] Posted by: Nathan Spencer Read more
New zero-carbon secondary school plans approved with capital funding of £57.060m Dec 21, 2022 A new secondary school for children living in the Burgess Hill area has been given the green light with planning permission. West Sussex County Council has approved capital funding of £57.060m to build the secondary school, making it the largest capital project the council has delivered. This includes a £18.159m contribution from Homes England as […] Posted by: Nathan Spencer Read more
£5.5 billion of investment is expected to be generated by the Celtic Freeport Dec 21, 2022 Roger Maggs MBE, Chair of the Celtic Freeport bid consortium, visited the Port of Milford Haven in Pembrokeshire recently to see first-hand how a freeport would transform the Welsh economy by securing the benefits of the floating offshore wind (FLOW), hydrogen and sustainable fuels industries, for the people of Wales. He was hosted by Rt […] Posted by: Nathan Spencer Read more
Icona Capital acquires 40% stake in Stoneweg Dec 21, 2022 Global real estate investment company, Stoneweg S.A. (‘Stoneweg’), and London based Icona Capital (‘Icona’) are pleased to announce Icona’s acquisition of a 40% minority stake in Stoneweg. This agreement enhances Stoneweg’s growth trajectory as it establishes itself as a leading global real estate player, with a strong focus on sustainability. In 2022, Stoneweg strengthened its […] Posted by: Nathan Spencer Read more
CDL acquires five UK student accommodation assets for £215 million Dec 21, 2022 City Developments Limited (CDL) has enlarged its United Kingdom student accommodation portfolio with the acquisition of five high-quality Purpose-Built Student Accommodation (PBSA) assetsfor £215 million (approximately S$357 million), made via two separate transactions. With an average age of less than three years and a portfolio comprising 1,863 beds, the five assets in Birmingham, Canterbury, Coventry, Leeds […] Posted by: Nathan Spencer Read more
Stoford and Blackbrook sign forward funding deal for two prime logistics assets in West Midlands Dec 21, 2022 Leading commercial property developer, Stoford will deliver almost 450,000 sq ft of new logistics accommodation in the West Midlands after completing a forward funding deal with specialist European independent real estate investor, Blackbrook. Two new Grade A warehouse facilities are being speculatively developed as part of the second phase of Redditch Gateway, a multimillion pound […] Posted by: Nathan Spencer Read more
