Springfield Properties announce results to be “significantly ahead” of market expectations Jun 8, 2021 Housebuilder Springfield Properties said today that it expects its 2020/21 results to be significantly ahead of market expectations, reflecting significant year-on-year revenue growth. A trading update issued this morning revealed strong build and sales activity in the first half of the year has been sustained throughout the year with the group continuing to experience high demand across the […] Posted by: Nathan Spencer Read more
IPUT acquires 64-acre development site near Dublin Airport Jun 8, 2021 Potential to deliver 600,000 to 700,000 sq. ft. of prime logistics space Scheme to increase IPUT’s logistics portfolio to c. 4 million sq. ft. on completion IPUT setting new standards for sustainability in the logistics sector IPUT Real Estate, Ireland’s leading property company and the largest owner of offices and logistics assets in Dublin, is […] Posted by: Nathan Spencer Read more
M7 Real Estate sells Wednesbury Trading Estate for £34 million to PATRIZIA Jun 8, 2021 M7 Real Estate, the pan-European investor and asset manager specialising in multi- tenanted properties, announces that it has sold Wednesbury Trading Estate to PATRIZIA for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP. Wednesbury Trading Estate, which is located approximately 10 miles to the north west of Birmingham, […] Posted by: Nathan Spencer Read more
Record year for Scottish equity deals Jun 8, 2021 Scotland retained its strong position as one of the most active equity investment markets in the UK last year with the number of deals completed reaching record levels. Published today by Scottish Enterprise, Investing in Ambition: Scotland’s Risk Capital Market in Context, identifies 446 equity deals completed in Scotland during 2020 (2019: 428). It places […] Posted by: Nathan Spencer Read more
Work ramps up as plans unveiled for Teesworks’ offshore wind factory Jun 8, 2021 GE Renewable Energy’s plans for a mammoth factory to manufacture state-of-the-art blades for offshore wind turbines took a major step forward this week after Tees Valley Mayor Ben Houchen submitted plans that will create thousands of jobs for local workers. Mayor Houchen has also revealed the first images of what the facility will look like […] Posted by: Nathan Spencer Read more
Clowes Developments exchange contracts for 26,000sq ft project Jun 8, 2021 Paul Shanley, Director at Clowes Developments has sealed the deal on a design and build facility for leading pharmaceutical manufacturer and distributor Manx Healthcare Ltd at Tournament Fields in Warwick. The purpose-built 26,000sq ft industrial/warehouse facility will be located on a 1.25acre plot known as 8003 at the highly regarded logistics and distribution hub in […] Posted by: Nathan Spencer Read more
Oxford Properties makes first UK global life sciences acquisition Jun 8, 2021 Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has extended its global life sciences platform with the acquisition of 310 Cambridge Science Park, United Kingdom, its first investment in the sector in Europe. Since its first investment in the sector in 2017, building a substantial and dedicated life […] Posted by: Nathan Spencer Read more
Nissan in advanced talks on new Sunderland based Gigafactory Jun 7, 2021 Car manufacturer Nissan are in advanced talks to build a major new gigafactory in Sunderland which will develop EV batteries. According to reports from the Financial Times and Construction News the plant in Sunderland could provide annual production of up to 20 gigawatt-hours in rated battery capacity – which could power 200,000 cars at the […] Posted by: Nathan Spencer Read more
Plans lodged for £58m mill redevelopment in Manchester Jun 7, 2021 Plans have been submitted to turn one of Manchester’s largest and oldest mills into a development of almost 300 flats and townhouses. Brunswick Mill on Bradford Road in Ancoats is Grade II listed and dates back to the 1840s. It is currently being used by a range of tenants including a textile business and as […] Posted by: Nathan Spencer Read more
Northern leaders urge for publication of multibillion-pound rail investment plan Jun 7, 2021 The North’s leaders call for urgent publication of the Integrated Rail Plan to give certainty over investment plans for the region’s railways, with numerous stakeholders pushing for its release including: Mayor of Greater Manchester Andy Burnham Mayor of Sheffield City Region Dan Jarvis Mayor of West Yorkshire Tracy Brabin Councillor Louise Gittins, Leader of Cheshire […] Posted by: Nathan Spencer Read more
