CBRE IM forward funds Godwin residential scheme Jul 22, 2022 UK property developer Godwin Developments has agreed a forward funding deal with CBRE UK Affordable Housing Fund (AHF) – a fund managed by CBRE Investment Management (CBRE IM) to deliver 184 affordable homes in central Bletchley, Milton Keynes. The four-acre scheme, named Bletchley View, will provide a mix of affordable and shared ownership properties, a […] Posted by: Nathan Spencer Read more
UBS and Reef JV to develop major life sciences campus Jul 8, 2022 UBS Asset Management’s Real Estate & Private Markets and Reef Group (Reef) today announces a joint venture as the investor and co-developer for a major campus for life science businesses in Stevenage, Hertfordshire. The new campus, which will be one of the largest of its kind in the UK and Europe, will be built alongside […] Posted by: Nathan Spencer Read more
Trammell Crow breaks ground in Europe with 19.4-acre Milton Keynes scheme Jul 4, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has begun work on its first European logistics site, a 19.4-acre scheme that will deliver three Grade A logistics buildings in Milton Keynes, UK. With construction now underway by principal contractor Glencar, a leading UK construction company that was recently […] Posted by: Nathan Spencer Read more
Weston Homes unveil sustainability rollout across £2.13bn pipeline Jun 16, 2022 Weston Homes has unveiled details of the volume housebuilder’s major commitment to sustainability, with eco-friendly construction and specification features being rolled out currently, and over the next five years, across the group’s £2.13 billion portfolio (DGV) of residential and mixed use developments in London and the south east. This includes 20 current active sites and […] Posted by: Nathan Spencer Read more
Dunmoore sells Banbury trade park to Clipstone for £5.5m Jun 8, 2022 Dunmoore, the UK real estate investment and development company, has sold Marley Way Trade Park in Banbury in an off-market deal to Clipstone,a real estate fund management firm specialising in UK industrial property. The 20,000 sq ft estate was sold for £5.55 million, reflecting a net initial yield of 4.38%. The estate was acquired by […] Posted by: Nathan Spencer Read more
GSK announcement imminent on UK Science Cluster development partner Jun 1, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Nathan Spencer Read more
Tritax Symmetry submits plans for new global R&D facility for Siemens Healthineers Apr 28, 2022 Tritax Symmetry and Siemens Healthineers, the market leaders in magnetic resonance imaging, have submitted a planning application to Cherwell District Council for a new cutting-edge, 56,000 sq m combined research, development and production facility in Oxfordshire which would provide superconducting magnets used in MRI systems. Socio-Economic Benefits: The proposals will result in substantial socio-economic benefits […] Posted by: Nathan Spencer Read more
Warehouse REIT acquires MLI asset in £62m deal Apr 21, 2022 Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire Bradwell Abbey Industrial Estate, for £62 million excluding acquisition costs. The purchase price reflects a net initial yield of c. 4% based on day one passing / guaranteed income […] Posted by: Nathan Spencer Read more
L&G and Oxford University set to deliver accommodation as part of £4bn partnership Apr 8, 2022 Legal & General and Oxford University are pleased to announce that they have agreed the development of Court Place Gardens, an estate containing new postgraduate homes specifically designed for families, as part of Legal & General and Oxford University’s £4bn partnership. The development of Court Place Gardens, in Iffley, Oxfordshire, is the first residential site […] Posted by: Nathan Spencer Read more
Three major housing associations with 60,000 homes announce potential merger Apr 8, 2022 BPHA, Futures Housing Group (FHG) and Flagship Group have begun discussions to create the new landlord which would operate across the East and Central England and become the largest provider in that area. The organisations have said the talks are exploratory so far and would be subject to each housing association’s board. The landlords have […] Posted by: Nathan Spencer Read more