Schroder Real Estate Investment Trust Limited results Feb 8, 2023 Schroder Real Estate Investment Trust Limited the actively managed UK-focused REIT, announces its net asset value (‘NAV’) and dividend for the quarter to 31 December 2022 and provides an update on portfolio activity. Key points Alastair Hughes, Chairman of SREIT, commented: “The correction in real estate valuations through the quarter was in line with our […] Posted by: Nathan Spencer Read more
Rushmere Shopping Centre sold to private investors Feb 8, 2023 Rushmere Shopping Centre and Retail Park, home to some of the UK and Ireland’s most prominent retailers, has been sold out of Administration for an undisclosed sum to Killahoey Ltd, a joint venture between Northern Ireland based companies Sheephaven and May Street Capital. Rushmere Shopping Centre first opened its doors in 1976 and has been […] Posted by: Nathan Spencer Read more
Black Country firm’s expansion has resulted in £2.6 million property purchase in North Yorkshire Feb 8, 2023 An expanding Black Country company which owns various specialist businesses has purchased North Yorkshire warehouse for £2.6 million in a deal advised by legal experts at Thursfields Solicitors. HBI Investment Ltd, based in Halesowen, has bought the 50,000 sq ft property on the Gatherley Road Industrial Estate in Brompton on Swale, near Richmond. HBI is […] Posted by: Nathan Spencer Read more
REIT new leasing activity continues to deliver rental growth Feb 8, 2023 UK Commercial Property REIT Limited which owns a £1.31 billion portfolio of high quality and diversified real estate across the UK today provides a net asset value and trading update for the fourth quarter of 2022. Highlights * Calculated, under AIC guidance, as gross borrowings less cash divided by portfolio value. Ken McCullagh, Chair of […] Posted by: Nathan Spencer Read more
Target Healthcare announces ‘resilience’ dividend Feb 8, 2023 Target Healthcare (LSE: THRL), the UK listed specialist investor in modern, purpose-built care homes, announces its unaudited quarterly Net Asset Value (‘NAV’) as at 31 December 2022, together with an update on corporate activity, and declares its second interim dividend for the year ending 30 June 2023. Corporate activity highlights Stable financial position and portfolio […] Posted by: Nathan Spencer Read more
Kadans expands Oxford footprint with new acquisition at Abingdon Science Park Feb 8, 2023 Kadans Science Partner continues to expand their Pan-European portfolio with a recent addition to their existing science cluster in Abingdon Science Park, Oxfordshire. The asset at Grange Court, which was acquired from a private investor, sits in close proximity to Kadans’ existing spaces across the Science Park. As part of the acquisition Kadans will be […] Posted by: Nathan Spencer Read more
British Library extension given green light by Camden Council Feb 8, 2023 Last year, the British Library and its development partners Stanhope plc and Mitsui Fudosan UK Ltd (SMBL) submitted a planning application to extend, reorient and open up our St Pancras site. The development will respond to the changing needs of our users, creating brand new spaces for culture, learning, research and business, which will invite […] Posted by: Nathan Spencer Read more
Planning permission approved for Boxpark Liverpool Feb 8, 2023 The Head of Development at BOXPARK, Matthew McMillan attended the Planning Committee with Liverpool City Council for the BOXPARK Liverpool scheme. They found out that our planning application for the scheme had been approved with unanimous consent. Liverpool Chair Cllr Tony Concepcion said in the committee that: “BOXPARK Liverpool is a welcome addition to the […] Posted by: Nathan Spencer Read more
High Court confirms go-ahead for Bristol Airport’s expanded capacity Feb 8, 2023 The High Court has today dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expanded capacity. The Planning Inspectorate decided in February 2022 to allow Bristol Airport to increase its cap on passengers from 10 million passengers each year to 12 million. The Airport’s plans include major investment in the terminal […] Posted by: Nathan Spencer Read more
Lambeth first Local Authority to invest in LCIV UK Housing Fund Feb 8, 2023 London CIV is pleased to report that it has received the first Pensions Committee approval from a Client Fund to invest into the London CIV UK Housing Fund (“the Housing Fund”). The Housing Fund has an open-ended structure and will focus on increasing the supply of good quality, affordable housing in the UK. This will […] Posted by: Nathan Spencer Read more
