MLI trading update: Strong tenant demand continues to drive rental growth Feb 1, 2023 Industrials REIT , the UK multi-let industrial (“MLI”) property company, today publishes a trading update on its MLI portfolio for the period 1 October 2022 to 31 December 2022 and up-to-date rent collection across the Company’s whole portfolio. Commenting on the trading update Paul Arenson, CEO of Industrials REIT, said: “The MLI market finished 2022 […] Posted by: Nathan Spencer Read more
£30m logistics facility acquired by Leftfield Feb 1, 2023 A 250,000 sq ft Northamptonshire logistics facility, has been acquired by a property investment firm in a deal worth £30m. Specialist investor, developer and manager of real estate, Arrow Capital Partners, has completed the sale a warehouse in Corby to Leftfield. Rob Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This sale […] Posted by: Nathan Spencer Read more
Plans submitted for two Derby city centre schemes Feb 1, 2023 Plans have been submitted for two mixed-use schemes in Derby, which will deliver 1,300 homes and 300,000 sq ft of commercial space near the Derbion shopping centre. Redevelopment plans for the Eagle Market and Bradshaw Way Retail Park have also been drawn up by the same development team including Eurofund Group, Leonard Design Architects, Currie […] Posted by: Nathan Spencer Read more
Capital&Centric make senior hire as development pipeline grows Feb 1, 2023 Manchester-based social impact developers Capital&Centric have appointed experienced property leader Martin Crews as it expands its pipeline of design-led regeneration projects. Martin will join as Development Director this spring from residential development and management company One Heritage Group. There he led on the consent of One Heritage Tower in Salford and was part of the […] Posted by: Nathan Spencer Read more
Berkshire LEP official partners of UKREiiF Feb 1, 2023 Berkshire Local Enterprise Partnership (LEP) has officially announced its involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), set to take place between 16-18 May, in Leeds. Berkshire LEP is a strategic collaboration between business, local government and academia focused on accelerating sustainable economic growth, creating jobs and raising workforce skills within Berkshire. […] Posted by: Nathan Spencer Read more
SHUAA and Northacre announce successful completion of prestigious real estate portfolio management Feb 1, 2023 SHUAA Capital psc, the region’s leading asset management and investment banking platform, and Northacre, London’s leading super prime developer with over 30 years of experience in creating exceptional living spaces, today announced the successful completion of its five-year portfolio management through SHUAA’s subsidiary, Astrea in London. The portfolio management builds on the track record established […] Posted by: Nathan Spencer Read more
Elevate secures £23.4m Paragon funding for Nottingham and Solihull new build schemes Feb 1, 2023 Paragon Bank’s Development Finance division has provided a £23.4 million funding package for two Midlands-based new build projects for Elevate Property Group. The funding includes an £11.5 million finance package for the company’s development of 60 new build apartments on Homer Road, Solihull. In addition, Paragon has provided an £11.9m funding package for the Phase […] Posted by: Nathan Spencer Read more
£1.9bn Smithfield Birmingham project plans submitted Feb 1, 2023 Plans for the £1.9bn Smithfield Birmingham regeneration project have been submitted. The development of residential, commercial and leisure facilities is set to create thousands of jobs. Birmingham City Council appointed Lendlease, an international real estate and investment group to prepare the hybrid proposals. Permission has been sought for approximately 3,000 residential units, along with 274,000 […] Posted by: Nathan Spencer Read more
Homes England announces £43m infrastructure investment to support Burtree Garden Village Feb 1, 2023 Homes England is to make a £43 million investment to create the infrastructure required to enable the development of Burtree Garden Village in Darlington as part of the Government’s Levelling Up plans. Burtree Garden Village will see 2,000 new homes built during a 20-year period as well as up to 200,000 sqm of employment space […] Posted by: Nathan Spencer Read more
The India Business Group partners with UKREiiF 2023 Jan 26, 2023 Leading business advisory consultants, the India Business Group (IBG), have confirmed their involvement in The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Based in the UK, with teams of specialist consultants, business analysts and researchers across India, the IBG specialise in helping organisations […] Posted by: Nathan Spencer Read more
