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First logistics sites purchased through exciting new partnership

A leading Midlands property and development company has expanded its portfolio after agreeing terms to acquire two logistics sites in the region.  Warwickshire-based The Wigley Group has agreed to purchase Bermuda Park on Buckingham Close, Nuneaton, and a city centre trading estate on Craven Street, Leicester, at a total price of £7.95 million. The two fully-let sites offer a combined 13 units, with nine units providing 53,256 sq ft of […]

Posted by: Mya Driver

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LCIV UK Housing Fund makes its first investment with CBRE IM

Following a first close of the LCIV UK Housing Fund (the “Housing Fund”) on 31 March 2023, CBRE UK Affordable Housing Fund (“CBRE UK AHF”) has been selected as the first investment, with a formal close into CBRE UK AHF occurring on 5 May 2023.  Andrew Davey, Head of Liability Aware Strategies and Affordable Housing at […]

Posted by: Mya Driver

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UKCM agrees £74 million sale of Wembley logistics asset

UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), announces that it has sold its 186,455 sq ft Wembley180 logistics asset in London to Covent Garden IP Limited (“CG”), a registered charitable company. UKCM will receive a consideration of £74 million, which reflects a net initial yield of 3.49% and is broadly in […]

Posted by: Mya Driver

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Reconomy Group acquires UK Waste Solutions Limited

Reconomy Group, a leading global circular economy specialist providing sustainability technology, data and services to a broad range of industries, announces the acquisition of UK Waste Solutions Limited. Headquartered in Newark, Nottinghamshire, UK Waste Solutions Limited are sustainability consultants and managers who specialise in supporting clients across the hospitality, distribution, transport, facilities management, manufacturing and […]

Posted by: Mya Driver

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Queensberry Founder Paul Sargent urges developers to embrace lessons learned at UKREiiF for the future of development

Queensberry was a shortlisted entrant for the prestigious Developer of the Year Award at this year’s UK Real Estate Investment and Infrastructure Forum (UKREiiF). Never has its corporate mission to make the world a better place to live in, been more relevant.  Founder, Paul Sargent shares his insights from the week’s events and reflects on […]

Posted by: Mya Driver

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Kadans continues Oxford expansion with Windrush Innovation Centre purchase

Kadans Science Partner will add Windrush Innovation Centre in Oxford, UK to its Pan-European portfolio. The asset will be freehold acquired from Tozi Limited. Kadans intends to demolish the existing building and create over 60,000 sq ft of new high specification laboratory and office space in partnership with the tenant, Oxford Biomedica. Oxford is a […]

Posted by: Mya Driver

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