AIPUT doubles down on investment with acquisition of the Fleming Business Centre in the heart of the Gatwick airport ecosystem Oct 12, 2021 AIPUT (Airport Industrial Property Unit Trust) managed by abrdn, has completed the freehold acquisition of the multi-let Fleming Business Centre, located in the heart of Manor Royal, Crawley, to the south of Gatwick Airport. The freehold site (4.5 acres) was acquired from Lothbury Investment Management for £22.4m at a yield of 4.2%. This latest acquisition […] Posted by: Nathan Spencer Read more
Future High Steet Living acquires former Debenhams store for regeneration scheme Oct 12, 2021 Future High Street Living led by Sam Ginda, has acquired a 0.66-acre site in Staines, comprising a basement plus 4-storey vacant department store, formerly occupied by Debenhams. A £9.5m loan for the acquisition was provided by real estate funding specialist, ASK Partners (“ASK”). The site is in Staines, situated west of London and just 3.6 […] Posted by: Nathan Spencer Read more
McKay Securities purchases Grade-A office in £15m deal Oct 12, 2021 McKay Securities Plc, the only UK REIT specialising entirely in the South East and London office, industrial and logistics markets, announces the acquisition of Evergreen Studios, a fully refurbished office asset in central Richmond, for £14.75 million, representing a net initial yield of 5.8% The property was sourced off-market from Sheen Lane Developments, which has […] Posted by: Nathan Spencer Read more
Oxenwood and AIMCo acquire West London retail park for £50m Oct 12, 2021 Oxenwood Real Estate, the UK and European real estate investment management firm, and its joint venture partner, Alberta Investment Management Corporation (AIMCo), on behalf of certain of its clients, have acquired Hayes Bridge Retail Park in west London for £50 million. The 7.8-acre retail park on Uxbridge Road, six minutes from junction 3 of the […] Posted by: Nathan Spencer Read more
Site for 394 student homes acquired in Stratford Oct 12, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, is pleased to announce that it has acquired a one-acre site in Stratford, East London on an unconditional basis. Watkin Jones are preparing plans for a new development comprising 394 student homes as well as commercial space at street level. 2020 Capital […] Posted by: Nathan Spencer Read more
Aviva Investors acquires London office for climate transition real assets fund Sep 28, 2021 Aviva Investors, the global asset management business of Aviva plc, announces that it is has acquired Curtain House, a multi-let office building in Hoxton, London N1, which represents the first investment made by its recently launched Aviva Investors Climate Transition Real Assets Fund. A short walk from Old Street’s Silicon Roundabout, Curtain House is a […] Posted by: Nathan Spencer Read more
Work begins on refurbishment of 950-seat art deco cinema in east London Sep 28, 2021 Willmott Dixon Interiors has commenced the next phase in the restoration of a landmark art deco-inspired former Granada/ EMD Cinema in Walthamstow, on behalf of Waltham Forest Council. The contractor has begun refurbishment works at the Grade II* former Granada/EMD Cinema in Hoe Street, as part of an £25.6 million project to restore the […] Posted by: Nathan Spencer Read more
Dolphin Living exchanges contracts with Landsec to provide new affordable homes in London’s Soho Sep 27, 2021 Dolphin Living, one of the of UK’s most innovative and forward-thinking providers of intermediate affordable housing, has exchanged contracts with Landsec for the purchase of the long leasehold of a site in the heart of Soho, London, in order to provide new affordable homes. The site is located at 118-122 Wardour Street in the City […] Posted by: Nathan Spencer Read more
AIPUT acquires 75-acre strategic site in west Heathrow Sep 27, 2021 AIPUT (Airport Industrial Property Unit Trust) managed by Aberdeen Standard Investments (ASI), has completed the freehold acquisition of a 75-acre site to the west of Heathrow Airport, adjacent to the Poyle Trading Estate. The acquisition represents the largest strategic land transaction in terms of acres in the area for over 20 years. The site is located close to Junction 14 of the […] Posted by: Nathan Spencer Read more
Willmott Dixon commits to planting 100,000 trees over the next decade Sep 27, 2021 Willmott Dixon has pledged to plant 10,000 trees a year over the next decade as part of its ambition to deliver environmental net gain, through its industry-leading sustainability strategy, Now or Never. Our decisive decade. The approach will see both Willmott Dixon’s Construction and Interiors businesses work in partnership with a range of charities, social enterprises […] Posted by: Nathan Spencer Read more
