Urban Logistics REIT Makes Edinburgh Purchase From M7 Real Estate

M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi- tenanted properties, announces the sale of a retail warehouse in Edinburgh, Scotland, to Urban Logistics REIT for approximately £13.2 million, on behalf of the M7 Box+ II fund (the “Fund”). The sale represents a net initial yield of 6.2%. The asset, in […]

Posted by: Nathan Spencer

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Orchard Street Makes Retail Asset Manager Appointment

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has strengthened its retail team with the appointment of Edward Bales as asset manager. In his new role, Edward will form part of the team responsible for managing Orchard Street’s £1.1 bn retail portfolio, mainly comprising of dominant retail parks and warehouses, helping […]

Posted by: Nathan Spencer

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Phase One of £100m Catalyst Bicester Project Kickstarts

The first phase of new buildings at Catalyst Bicester, the £100 million new advanced manufacturing and technology business community and include a David Lloyd Health and Racquets Club in Bicester, Oxfordshire is to start following infrastructure and enabling works. Once completed, Catalyst Bicester will total circa 300,000 sq ft (27,870 sq m) and provide workspace […]

Posted by: Nathan Spencer

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Consultancies alerted to £1bn NHS framework

A £1bn consultancy framework has been launched by the NHS. [emaillocker id=”71749″] The NHS Shared Business Services have issued a prior information notice with the intention of publishing a contract notice on Construction Consultancy Services 3 on September 1. As it stands now the Framework will not be divided into lots and will require: Architectural […]

Posted by: Mark Flanagan

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Grimshaw’s mangrove-inspired design secures major Chinese deal

A consortium led by Grimshaw Architects saw off some of biggest internationally-renowned design names to be chosen to develop a transport hub in southern Chinese city Shenzhen. The London-based firm’s plans, which were inspired by mangrove trees, were chosen ahead of those from the likes of Zaha Hadid and Foster and Partners. In total six […]

Posted by: Mark Flanagan

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Investec’s student beds commitment passes £800m

Leading asset managers Investec has furthered strengthened its position in the purpose-built student accommodation sector (PBSA) by financing a joint venture deal to build four properties in the UK. Since 2015, Investec has committed more than £820m of finance, funding a mix of domestic and international borrowers and the development of 19,500 beds across 53 […]

Posted by: Mark Flanagan

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AXA’s modern office/homes investment fund attracts another €800m

AXA IM’s alternative investments fund, which targets the development of modern office and residential assets in European big-city locations, has attracted a further €800m from investors during its first closing period. The French asset management giant’s ‘Alts’ fund has grown rapidly during its 20-year development and the latest round of capital investment fundraising, which is […]

Posted by: Mark Flanagan

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New man at the helm for Knight Frank

Global property consultancy Knight Frank today (April 7) announced it will have a new chairman and senior partner next year. William Beardmore-Gray will be stepping up from Head of the London Commercial and Global Occupier businesses to replace Alistair Elliott. The move will come into effect on April 1st, 2022 following an election in December. […]

Posted by: Mark Flanagan

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