St. Modwen Logistics invests £126m to build eight units across the South-West Oct 7, 2022 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, will invest a further £126m to deliver highly sought-after warehouse and office space across the South-West. With the South-West recently identified as one of the fastest growing economic regions in the UK1, St. Modwen Logistics will meet customer demand by developing a total […] Posted by: Nathan Spencer Read more
Plans for multi-million-pound Barrow university campus given green light Oct 7, 2022 Ambitious plans to set up a multi-million-pound university campus in Barrow have taken a step forward. The scheme would see the University of Cumbria build a site off Buccleuch Dock Road in the town. It is hoped the campus can reap ‘immense social and economic benefits’ for the borough and retain and attract young people to […] Posted by: Nathan Spencer Read more
Planning for a new £55M Richmondshire health and care campus gets the go-ahead Oct 7, 2022 Formal planning approval has been granted for the new Catterick Integrated Care Campus, bringing construction of a brand-new health and care facility for Richmondshire a step closer. More than seven years in development, this joint venture between the National Health Service (NHS) and Ministry of Defence (MOD) will provide a range of healthcare services for […] Posted by: Nathan Spencer Read more
GXO receives UK regulatory clearance for £965M takeover Oct 7, 2022 GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that it has received unconditional regulatory clearance from the U.K. Competition and Markets Authority (CMA) for its acquisition of Clipper Logistics plc (Clipper). On May 24, 2022, GXO completed its offer however both companies continued to be run independently pending completion of the […] Posted by: Nathan Spencer Read more
Malhotra Group forges ahead with investments in North East Oct 7, 2022 Leading North East care, leisure and property business Malhotra Group plc is forging ahead with investments after seeing revenues rise following the pandemic. The firm has published annual results for the year ended 31 March 2022, showing a 34% jump in turnover from £30.9m to £41.3m, while Ebitda rose 47% from £9.1m to £13.4m, leading […] Posted by: Nathan Spencer Read more
Chancerygate and Northwood investors JV granted planning for 130,340 sq ft last-mile urban logistics development in Manchester Oct 7, 2022 Chancerygate and Northwood Investors’ joint venture (JV) has been granted for 130,340 sq ft of Grade A last-mile urban logistics space to be speculatively built at Trafford Park in Manchester. Called Bridgewater Point, the scheme will comprise 16 units ranging from 5,000 sq ft to 13,000 sq ft. Units on the 5.6-acre site will be […] Posted by: Nathan Spencer Read more
Social impact investment in the UK grows ten-fold Oct 7, 2022 Big Society Capital has today revealed that the amount of social impact investment in the UK has grown nearly ten-fold over ten years, from £830 million in 2011 to £7.9 billion in 2021. Data from the social impact investor’s annual Market Sizing exercise – which estimates the value of investments made by UK social impact […] Posted by: Nathan Spencer Read more
Barwood reaches £41m, buys Bristol Business park Oct 7, 2022 They are planning to demolish two office buildings occupying the site and develop a 38,136 sq ft industrial unit. Meanwhile, Growth Fund V will remain open with further closes will follow over the next year. Barwood Capital managing director Hugh Elrington said: “With Growth Fund V, we continue to follow the same investment strategy as […] Posted by: Nathan Spencer Read more
Mactaggart & Mickel launches investment plan Oct 7, 2022 Scotland’s Mactaggart & Mickel Group has announced a new growth strategy. The new drive to invest in the UK-wide portfolios of strategic land and private rental property will include growing the group’s English strategic land revenue by £33m over the next five years. This year, Mactaggart & Mickel is aiming to invest £8m in new, […] Posted by: Nathan Spencer Read more
Businesses invited to bid for Rotherham Markets tender Oct 7, 2022 Rotherham Council has invited bids from Contractors as it continues to pursue the redevelopment of the Rotherham Markets. Contractors are required to submit their bids in October 2022 which will outline their proposals for all design work on the scheme, which will include a brand-new markets space, the new town centre library, a community space, […] Posted by: Nathan Spencer Read more
