Gregory Properties acquires Sheffield business park site Jun 1, 2022 Gregory Properties has agreed to purchase a prime 2-acre development site at Sheffield Business Park. The long-established developer plans to speculatively build a 30,000 sq ft industrial unit and submit a planning application this week. Sheffield Business Park is an established 200-acre Business destination located off Junctions 33 and 34 of the M1 and to […] Posted by: Nathan Spencer Read more
Network Space submits planning for regeneration of former Distillery Jun 1, 2022 Network Space has submitted a full planning application to Knowsley Metropolitan Borough Council for the regeneration and redevelopment of an initial phase of the former Sovereign Distillery site on the Huyton Business Park. Now known as Sovereign Industrial Park, the planning application covers approximately half of the 28 acre site. The scheme comprises the delivery […] Posted by: Nathan Spencer Read more
Dundee Football Club submits plans for new 15,000 seater stadium Jun 1, 2022 Revised plans have been formally submitted by Dundee FC – who are planning to develop a 15,000 seater stadium near Camperdown Park. Situated next to the current Leisure Park the project will include 210 homes, a 100 bed hotel and restaurants. They plan to deliver the stadium by 2024. In addition to the stadium there […] Posted by: Nathan Spencer Read more
Kennedy Wilson acquires 20 UK logistics assets in £220m deal Jun 1, 2022 Global real estate investment company Kennedy Wilson has acquired a high-quality, diversified portfolio of 20 UK urban logistics assets totalling 1.3 million square feet, via an off-market transaction with UK logistics specialist, Leftfield, for £220 million. Kennedy Wilson has a 20% ownership in the portfolio and invested $24 million of equity in the transaction. The industrial […] Posted by: Nathan Spencer Read more
31-storey Isle of Dogs tower set for approval Jun 1, 2022 A major scheme in Tower Hamlets has been recommended for approval – which will see Mount Anvil and One Housing deliver a 31-storey residential scheme.The project, which previously obtained consent for a 26-storey tower, has been increased in size with HTA Design drawing up plans to add five additional storey’s to the build.24 homes and […] Posted by: Nathan Spencer Read more
Schroder REIT acquires £15m Manchester mixed-use asset Jun 1, 2022 Schroder Real Estate Investment Trust Limited, the actively managed UK-focused REIT, announces the acquisition of St. Ann’s House in Manchester, for £14.7 million, reflecting a net initial yield of 7.8%, a reversionary yield of 9.1% and a low average capital value of £283 per sq ft. The mixed-use office and retail asset generates £1.22 million […] Posted by: Nathan Spencer Read more
Clowes acquires Birmingham office campus in £13m deal Jun 1, 2022 Hillview Real Estate, the UK regional office investor, has sold an office campus on the edge of Birmingham to Clowes Developments for £13.1 million, reflecting a net initial yield of 7.5%. The campus is 2620-2650 Kings Court, which comprises six self-contained office buildings, totalling 52,373 sq ft, at Birmingham Business Park, the premier business park […] Posted by: Nathan Spencer Read more
Valor acquires London urban logistics asset in £40m deal Jun 1, 2022 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has continued its momentum in London with the acquisition of a prime urban logistics asset in Park Royal, West London for c £40m from a private vendor. The asset comprises 55,000 sq ft of high-quality warehouse space across two units that are currently […] Posted by: Nathan Spencer Read more
East Midlands Development Company announced independent board Jun 1, 2022 A team of hugely experienced property and investment professionals will help advise on the progress of one of the biggest development opportunities in the UK. The East Midlands Development Company has recruited a team of private sector non-executive directors to work alongside its local authority partners, commercial advisors and core team as it seeks to […] Posted by: Nathan Spencer Read more
GSK announcement imminent on UK Science Cluster development partner Jun 1, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Nathan Spencer Read more
