LondonMetric acquires £16m Luton urban logistics warehouse Feb 10, 2022 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of an urban logistics warehouse in Luton from Marcol Industrial Investments for £15.5 million. The 168,000 sq ft property is located on Luton Enterprise Park, close to Luton town centre and J11A of the M1. It is let to two occupiers with a WAULT of three years. The […] Posted by: Nathan Spencer Read more
PIC announces further £80m investment into urban regeneration Feb 10, 2022 UKREiiF attendee Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has agreed to fund and acquire a key centrally located development in Milton Keynes for its third Build-to-Rent project. The £80 million redevelopment of a brownfield site will provide 306 new residential apartments, 43 of which will be affordable housing. […] Posted by: Nathan Spencer Read more
Aprirose expand hotel and leisure portfolio with strategic acquisition Feb 10, 2022 Aprirose, the real estate investment company, has added to its growing portfolio of hotel and leisure assets with the acquisition of Selsdon Park Hotel in Surrey from De Vere Hotels for an undisclosed price. The 200-acre parkland estate, set on the fringes of the Surrey countryside but just 12 miles from London, currently incorporates a […] Posted by: Nathan Spencer Read more
Landsec submits plans for the O2 Masterplan site to Camden council Feb 10, 2022 Landsec has submitted a major planning application for the O2 Centre Masterplan Site as it looks to grow its mixed-use urban neighbourhood portfolio. The proposal, which was submitted to the London Borough of Camden, will see the site transform into a landscape led development that will connect the communities of Finchley Road and West End […] Posted by: Nathan Spencer Read more
Greystar acquires the Crown Trading Estate in Hayes for £26.5m Feb 10, 2022 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has acquired the Crown Trading Estate in Hayes, west London for £26.5 million in an off-market transaction for a managed fund. Greystar plans to develop 407 purpose-designed apartments (318 build to rent and 89 affordable) for […] Posted by: Nathan Spencer Read more
Plans revealed for £200m business park in Teesside Feb 10, 2022 Details have been unveiled for a £200 million business park set to be built on the south side of Teesside Airport. The first phase will see the creation of four new units along a new through road, with construction due to begin within weeks. The business park is expected to create up to 4,400 jobs when […] Posted by: Nathan Spencer Read more
L&G buys six UK industrial estates from CBRE Investment Management Feb 10, 2022 Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, the […] Posted by: Nathan Spencer Read more
Cain and Fusion form £1.5bn PBSA joint venture Feb 10, 2022 Cain International (‘Cain’), the privately held investment firm operating in the United States and Europe, has established a new joint venture with leading student accommodation developer, Fusion Students (‘Fusion’), to invest in Purpose Built Student Accommodation (‘PBSA’) across popular UK university cities. The joint venture partners already have assets under exclusivity in Portsmouth, Liverpool, Manchester, […] Posted by: Nathan Spencer Read more
Tilbury Douglas appoints National Business Development Director Feb 10, 2022 Tilbury Douglas, a leading UK building, infrastructure, engineering and fitout company, has announced the appointment of Don Stewart as National Business Development Director for its UK Building business, joining the UK Building Board. MBA qualified and a Fellow of the Chartered Institute of Marketing, Don has more than 20 years-experience at director level, including roles leading […] Posted by: Nathan Spencer Read more
Town centre regeneration experts RivingtonHark join UKREiiF line-up Feb 8, 2022 RivingtonHark’s Executive Director Mark Williams has been announced as a headline speaker at UKREiiF – a three-day event which will bring together thousands of delegates comprising of investors, funders and developers who are all looking for new opportunities across the UK. Williams is set to speak on a discussion about the ‘Future of Retail and […] Posted by: Nathan Spencer Read more
