Firethorn acquires logistics development site from Harworth in £12m deal Dec 21, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that is has completed the sale of a 24-acre plot at its Gateway 36 logistics site in Barnsley, Yorkshire, to Firethorn Barnsley Limited (“Firethorn”) for £11.6 million. Firethorn will develop a BREEAM ‘excellent’ rated, 340,000 ft logistics facility at […] Posted by: Nathan Spencer Read more
Supermarket Income REIT acquires Tesco in £73m deal Dec 20, 2021 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%. The store was developed for Tesco in 2011 and occupies a 7.0 […] Posted by: Nathan Spencer Read more
Willmott Dixon Interiors plant hundreds of trees in Leeds Dec 8, 2021 Willmott Dixon Interiors has announced a new conservation partnership in West Yorkshire as part of an initiative to improve green spaces across the UK. The national fit-out and refurbishment specialist contractor has partnered with leading nature charity, The Conservation Volunteers to deliver a tree planting project in Bramley, Leeds. The partners have planted 720 new […] Posted by: Nathan Spencer Read more
Historic Yorkshire mill secures two new businesses Nov 25, 2021 Two new deals have been completed at Sunny Bank Mills, the iconic Yorkshire mill complex between Leeds and Bradford. Raze Tattoo Studio and Ewe Neek, a boutique yarn and craft store, are moving into the refurbished mill in Farsley, where YTV’s Emmerdale and Heartbeat were filmed. Both companies will be located in The Mending Rooms, […] Posted by: Nathan Spencer Read more
M7 Capital loans Alltmore £17m to refinance business space portfolio Oct 28, 2021 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £17.3 million loan to Alltmore Properties Ltd (the “Sponsor”), a specialist investor in business centres across Scotland and the North of England, to support the refinancing of a portfolio of seven […] Posted by: Nathan Spencer Read more
Green light for Muse Developments’ landmark One City Park in Bradford Oct 28, 2021 Muse Developments, one of the UK’s leading names in town and city-centre urban regeneration, has today (Thursday 21 October) received full planning consent for One City Park, a BREEAM ‘Excellent’ 56,403 sq ft office building in the heart of Bradford city centre. The development will transform the former police HQ site, addressing a shortage in […] Posted by: Nathan Spencer Read more
Glenbrook Investments expands Yorkshire portfolio with £6.7m purchase Sep 17, 2021 Glenbrook Investments has expanded its portfolio into Yorkshire with the acquisition of the freehold interest in Albion Court, Leeds for £6.7m, reflecting a net initial yield of 8.1%. NorthCap advised Glenbrook Investments on the acquisition. Albion Court, which is part-Grade II Listed and extends to 31,400 sq ft, provides a mix of leisure, retail and […] Posted by: Nathan Spencer Read more
Muse Developments and Travelodge announce deal for new hotel at Forge Island Sep 9, 2021 Major hotel brand, Travelodge, has exchanged a long-term deal with the UK’s leading town and city-centre regenerator, Muse Developments and Rotherham Council, to become the latest anchor occupier at Rotherham’s Forge Island, which will see a new 69-room hotel delivered in the heart of Rotherham town centre, as part of the area’s wider repurposing and […] Posted by: Nathan Spencer Read more
Student-led mixed-use scheme plans approved, with former Debenhams store set for revamp Sep 9, 2021 Orchard Street IM, the specialist commercial property investment manager, has announced that it has received planning permission from Leeds City Council to transform the former Debenhams store on Briggate, Leeds, into a new mixed-use asset. The development will see the former department store repurposed to provide 124 high-quality studio apartments while the basement, ground and […] Posted by: Nathan Spencer Read more
Mapletree acquires four UK student accommodation assets in £165m deal Sep 9, 2021 Mapletree Investments Pte Ltd has purchased four Purpose-Built Student Accommodation assets in the United Kingdom UK for a total consideration exceeding £165m. Totalling 917 beds, the acquired portfolio comprises PBSA assets in Exeter, Bristol, Leeds and Nottingham and will complement Mapletree’s growing student housing footprint in the UK. They are strategically located within walking distance […] Posted by: Nathan Spencer Read more
