Garroch Investments plans £75m Glasgow office block Jun 30, 2021 Garroch Investments has announced plans to demolish Princes House in Glasgow to make way for a £75 million office block having acquired the building for an undisclosed amount. Subject to planning permission, the property will be redeveloped into a brand new class-leading Grade A office with the highest environmental credentials. Originally constructed in the mid-1960s, the […] Posted by: Nathan Spencer Read more
Prologis snaps up Park Royal site for last mile logistics hub Jun 30, 2021 Prologis, the UK’s leading owner and developer of industrial logistics parks has acquired a 150,000 sq ft unit in Park Royal, London, in an off-market purchase and leaseback for approximately £70m. The industrial unit, located on Willen Field Rd, was previously owned by manufacturer Super Toughened Glass Ltd, which leased a portion of the building […] Posted by: Nathan Spencer Read more
£500bn investors herald golden age for investment into UK ‘beds for rent’ sector Jun 30, 2021 Investec’s second Future Living report looks at how the pandemic has underpinned the sector’s evolution with data gathered from global institutional investors representing over £500bn of AUM. • The ‘beds for rent’ sector has emerged as a clear winner during Covid-19, far outpacing office, retail and hotels in prospects for the next 10 years• Build-to-rent […] Posted by: Nathan Spencer Read more
Plans submitted for 4,000 home carbon neutral development Jun 30, 2021 Templeview Developments and GSSArchitecture has submitted plans for a major residential scheme, which is one of the first planning applications submitted for a carbon neutral development in the UK. The application seeks to create a sustainable new community between Bedford and Luton, incorporating a later living community, school, retail, employment, new publicly accessible woodland of […] Posted by: Nathan Spencer Read more
Work commences at £1.3bn Old Oak Common integrated transport hub Jun 30, 2021 Transport Secretary Grant Shapps has given the green light for work to begin on the biggest newly built railway station in the UK – Old Oak Common – who’re involved in the UKREiiF Advisory Group. Over 2,300 jobs will be supported on the site at peak construction, and over 250 apprenticeships will be created. There is also […] Posted by: Nathan Spencer Read more
Basildon Council commits to £100m investment into estates and new homes Jun 30, 2021 Proposals to invest millions into creating clean and safe estates and building more homes for borough residents have been considered by Basildon councillors. The Housing and Estate Renewal Committee met on Tuesday June 22 and agreed the development of a ‘Safe and Sound Estates’ Estate Renewal Strategy and a proposal to build an extra 200 homes as […] Posted by: Nathan Spencer Read more
Border to Coast boosts team amid launch of £6.5bn investment funds Jun 30, 2021 Border to Coast Pensions Partnership (Border to Coast), one of the largest public sector pension pools in the UK with total assets of cGBP55 billion, has made a range of appointments as it continues to build on its existing capabilities. The appointments follow a series of new fund launches at Border to Coast, including the […] Posted by: Nathan Spencer Read more
Food and drink manufacturer Princes invest £60m in Cardiff – creating 100 jobs Jun 30, 2021 Food and drink manufacturer Princes has completed the first phase of a £60m investment at its Cardiff factory that has created 80 new jobs with a further 50 being recruited by year end. The overall capital investment, the largest ever undertaken by the company in soft drinks, will see the installation of seven soft drink […] Posted by: Nathan Spencer Read more
Construction completes on new Warwick Arts Centre in UK’s City of Culture Jun 29, 2021 National contractor Willmott Dixon has this month completed work on the new and improved Warwick Arts Centre situated on the University of Warwick’s campus. The Arts Centre now boasts a large new building with a number of newly created spaces including three digital auditoria with high-end digital projection and sound, as well as a ground floor gallery to exhibit […] Posted by: Nathan Spencer Read more
Procurement specialists Pagabo expand into Scotland with new office Jun 29, 2021 National framework provider Pagabo has reinforced its commitment to gold standard procurement services in Scotland with the opening of a new, dedicated Scottish office in Motherwell – which will be headed by experienced construction professional, Peter Queen. The organisation, which is headquartered in central Hull, provides local authorities and public sector bodies with compliant framework […] Posted by: Nathan Spencer Read more
