Stenprop continues multi-let industrial acquisition spree with £16m of purchases Aug 31, 2021 Stenprop, the UK multi-let industrial (“MLI”) property company, announces that is has acquired, in two separate transactions, Whitacre Industrial Park in Huddersfield and a portfolio of five MLI estates located across the UK, for a total consideration of £15.9 million. The combined purchase price reflects a net initial yield of 7.2% and a capital value […] Posted by: Nathan Spencer Read more
Avison Young secure investment portfolio of business centres on Teesside Aug 31, 2021 Avison Young acting on behalf of an undisclosed private investor has secured the purchase of The Tea Portfolio, a portfolio of business centres located within Middlesbrough and Stockton on Tees, providing 33,568sq.ft. of office accommodation and 57,281sq.ft. of industrial accommodation across three sites. The properties include the CadCam Centre, Riverside Park, Middlesbrough, Queensway Business Centre, […] Posted by: Nathan Spencer Read more
Hill Group and Notting Hill Genesis join forces for London regeneration scheme Aug 31, 2021 The Hounslow property market will soon get a major boost with the delivery of a much-needed 780 new homes thanks to a landmark new scheme in partnership between award-winning developer Hill Group and leading housing provider, Notting Hill Genesis. Lampton Parkside will allow residents to enjoy the best in West London living by combining an […] Posted by: Nathan Spencer Read more
UK Government Launches Plan to Unlock £4bn Hydrogen Sector Investment Aug 31, 2021 First-ever vision to kick start world-leading hydrogen economy set to support over 9,000 UK jobs and unlock £4 billion investment by 2030 Consultation also launched to look at ways to overcome cost gap between low carbon hydrogen and fossil fuels £105 million in UK Government funding provided to support polluting industries to significantly slash their […] Posted by: Nathan Spencer Read more
£90m of Government and Industry Green Investment Announced Aug 31, 2021 Electric car batteries which can charge in just 12 minutes are among green automotive tech projects to be awarded more than £91 million of government and industry funding. Four projects have been awarded funding through the Advanced Propulsion Centre (APC) Collaborative Research and Development competition, which supports the development of innovative low carbon automotive technology. […] Posted by: Nathan Spencer Read more
Firethorn Trust Acquires 37-acre Logistics Site in Yorkshire Aug 31, 2021 Real estate investor and developer, Firethorn Trust, has acquired a substantial site at Sherburn-in-Elmet in Leeds, as it continues to grow its national logistics portfolio. The 37-acre logistics site forms part of the wider Sherburn2 scheme, which spans 75-acres and is owned by Yorkshire-based development and investment company, Glentrool Estates Group Ltd. Firethorn has now […] Posted by: Nathan Spencer Read more
Persimmon Announces Strong Half Year Results Aug 31, 2021 Persimmon Plc has announced its half year results for the six months ended 30 June 2021. Dean Finch, Group Chief Executive, said: “Persimmon’s first half performance has been robust. In particular, I am pleased we have delivered strong growth in legal completions whilst also achieving higher levels of build quality and customer satisfaction. “We made […] Posted by: Nathan Spencer Read more
Design International becomes latest UKREiiF exhibitor Aug 31, 2021 Award-winning international architecture firm Design International has become the latest major name in the world of real estate to back the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), with the decision to sign-up to exhibit at next year’s inaugural UKREiiF event, to be held in Leeds between 17-19 May 2022. Design International was founded […] Posted by: Nathan Spencer Read more
UKREiiF’s Founder announced as a finalist at the Lloyds Bank Business Excellence Awards 2021 Aug 31, 2021 Leeds-based businessman Keith Griffiths, the Chief Executive of the UK’s leading real estate and infrastructure events business Built Environment Networking (BEN) and Founder of UKREiiF, has beaten off stiff competition to become a finalist in the LDC Entrepreneur of the Year category in the Lloyds Bank Business Excellence Awards 2021. The Lloyds Bank British Business […] Posted by: Nathan Spencer Read more
Anchor Hanover submits application for extra care home on Woodford Aerodrome site Aug 31, 2021 Anchor Hanover has submitted a planning application for 104 Extra Care homes on the former Woodford Aerodrome site on Chester Road in Woodford, south of Stockport. The scheme has been designed by Brewster Bye Architects. Anchor Hanover, England’s largest not-for-profit provider of specialist housing and care for people in later life, recently exchanged contracts with […] Posted by: Nathan Spencer Read more
