Biggest economic boom since 1948 predicted by Barclays boss Apr 30, 2021 The UK is about to experience its biggest economic boom since the aftermath of WW2, according to Barclays boss Jes Staley, as the bank reveal its profits for Q1 had more than doubled from a year earlier to £2.4bn. He said: “We estimate the UK economy will grow at its fastest rate since 1948. That’s […] Posted by: Nathan Spencer Read more
Stenprop shows continued strong demand for multi-let industrial space in the UK Apr 30, 2021 Stenprop Limited, the UK multi-let industrial property company, today publishes a trading update on its UK multi-let industrial (“MLI”) portfolio for the period 1 January 2021 to 31 March 2021 and up-to-date information on transactions and rent collections across the Company’s whole portfolio. Commenting on the trading update Paul Arenson, CEO of Stenprop, said: “We […] Posted by: Nathan Spencer Read more
UK’s leading healthcare operator secures £540m refinancing deal with Welltower Apr 30, 2021 Healthcare real estate investment trust (REIT) Welltower has partnered with a Safanad-led investment group to recapitalise leading care home operator, HC-One. Welltower has provided a £540m senior secured loan in addition to a £55m equity investment. As part of the refinancing deal, HC-One is also reducing its debt by £66m. Additionally, Safanad and Court Cavendish […] Posted by: Nathan Spencer Read more
Record-breaking apartments to take renting to new heights in Croydon Apr 30, 2021 New 44-storey landmark in Croydon is the world’s tallest modular residential building, reaching the same height as the London Eye The pet-friendly development offers renters spacious apartments, exceptional customer service provided by a community team and a range of onsite amenities including a rooftop gym, sky lounge, co-working space, rooftop and ground level terraces, a […] Posted by: Nathan Spencer Read more
Peel L&P Retail Parks sees five new stores open at Straiton Retail Park Apr 29, 2021 As lockdown restrictions in Scotland begin to ease, Straiton Retail Parks welcomes five new stores, four of which will be situated at the new 25,500 sq ft Terrace development. Opening at The Terrace this week (w/c 26th April) are The Works, Card Factory and Greggs with Italian restaurant Tony Macaroni to open later in May […] Posted by: Nathan Spencer Read more
S I Sealy announces promotion of five team members Apr 29, 2021 Building services engineering design consultancy, S I Sealy & Associates has promoted five of its staff. Following a year of sustained growth, the company has strengthened its management team, promoting five of its 33 staff members to new roles to enable the business to continue to serve its growing client base whilst maintaining its high […] Posted by: Nathan Spencer Read more
OXLEP backed Local Growth Fund supported project set to further enhance ‘cleaner’ connectivity in Oxford Apr 29, 2021 The Oxfordshire Local Enterprise Partnership (OxLEP) have today (29 April) revealed that works on phase one of a new project – set to boost ‘cleaner’ modes of commuting in Oxford, as well as connectivity options in-and-out of the city – continues to make positive progress. The project – which is supported by funding from the […] Posted by: Nathan Spencer Read more
New homes bring multi-million pound investment for county town Apr 29, 2021 Work is beginning on a new housing development in Ashington that will bring more than £5million of investment in the town. Persimmon Homes North East has started work on the site of 600 homes for its new development called Woodhorn Meadows, off Woodhorn Lane, in the town. Chris Curry, managing director of Persimmon Homes North […] Posted by: Nathan Spencer Read more
Developer strikes deal for four sites to develop 1,000 homes Apr 29, 2021 Persimmon Homes has secured a series of land deals that will pump more than £5m into local communities through Section 106 contributions. Development by Persimmon Homes North West will see four new sites deliver almost 1,000 much needed new homes while directly supporting 357 construction jobs per year. Karl Wiseman, Managing Director of Persimmon Homes […] Posted by: Nathan Spencer Read more
Focus on mid box logistics sector delivers strong results for Aberdeen Standard European Logistics Income Plc Apr 29, 2021 Aberdeen Standard European Logistics Income PLC, the Continental European investor in modern warehouses, which is managed by Aberdeen Standard Investments, today announces its final results for the 12 months to 31 December 2020. Strong financial performance, with valuation increase underpinning double-digit NAV total return: Net asset value increased by 8.1% to €1.20 (31 December 2019: […] Posted by: Nathan Spencer Read more
