Supermarket REIT turns to share issue to maintain spending splurge

Supermarket REIT has announced its intention to raise £100m via a share issue to prepare the ground for a series of high-value acquisitions. The real estate investment trust, which specialises in rental income from grocery property and now has a portfolio worth £1.1bn, has identified 13 targets worth £414m. This week it issued millions of […]

Posted by: Mark Flanagan

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Maidenhead takes radical approach to problem of ailing town centres

A radical £500m plan to redevelop the centre of Maidenhead moved a step closer this week after its planning application was approved in principle. The council wants to demolish the town’s shopping centre (Nicholsons), some offices and 17 dwellings to make way for 653 new apartments, 29,000sqm of office space and 8,300sqm of flexible retail […]

Posted by: Mark Flanagan

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FREEPORTS UK: Old enemies unite and build on maritime heritage

Southampton and Portsmouth have not been the best of friends historically but both South Coast cities are set to benefit massively from the winning Solent bid. Portsmouth’s international port and the Eastleigh Riverside/Southampton International Airport North East Business Park were the cornerstone localities of the bid, led by the Solent Local Enterprise Partnership, who emphasised […]

Posted by: Mark Flanagan

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FREEPORTS UK: Liverpool spreads the love across the North West

A total of 14 sites across the North West are set to benefit from the Liverpool City Region’s successful attempt to win Freeport status. While the docks in Sefton were at the heart of the bid, the respective developments at Wirral Waters, Port Salford, Parkside (St Helens) and 3MG (Halton) among others were included, which […]

Posted by: Mark Flanagan

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