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Columbia Threadneedle acquires Midlands distribution centre

Midlands-based property investor Colmore Capital has successfully sold its 33,615 sq ft distribution unit Swift 34 in Rugby to institutional buyer, Columbia Threadneedle. The unit was sold in December 2021, taking under a month from initial marketing to exchange. The initial asking price of £4.6m represented a net initial yield of 5.2%. The distribution unit, […]

Posted by: Nathan Spencer

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700-home development first to be procured through Pagabo framework

A SIGNIFICANT housing project has been announced as the first large-scale project procured through national framework provider Pagabo’s Developer Led Framework. Southwark Council has selected Linkcity as developer for its Tustin Estate scheme, which will feature nearly 700 new homes. This includes 200 replacement council homes, around 50 shared equity properties, around 220 additional council homes including […]

Posted by: Nathan Spencer

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British Land’s Exchange Square is now open at Broadgate

British Land reveals the opening of its new 1.5-acre Exchange Square located at Broadgate in the City of London. Designed by architects DSDHA, the park quadruples the amount of green space at Broadgate and creates a new outdoor space for workers and the wider community to enjoy in the capital. Exchange Square is now open […]

Posted by: Nathan Spencer

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Fusion21 announces suppliers appointed to £750m decarbonisation framework

Procurement organisation and social enterprise Fusion21 has announced the suppliers successfully appointed to its national Decarbonisation Framework worth up to £750 million over a four-year period. A total of 50 specialist firms – both SMEs and multinational organisations, have secured a place on the framework, designed to meet the needs of public sector organisations – […]

Posted by: Nathan Spencer

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CEG and housebuilder consortium get to work on 4,500 Thorpebury development

A housebuilding consortium comprising Davidsons Homes, William Davis Homes and David Wilson Homes has now broken ground on the first phase of 574 homes, open space and infrastructure at the Thorpebury development to the North-East of Leicester. Developer CEG, the landowner and the consortium exchanged contracts earlier this year to bring forward much-needed homes, including […]

Posted by: Nathan Spencer

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Crest Nicholson strikes £120m PRS deal with Oaktree

Award-winning developer Crest Nicholson has announced its biggest Private Rental Sector (PRS) deal, worth £120m, with funds managed by leading global investment management firm, Oaktree Capital Management, L.P. (“Oaktree”) and CompassRock International (“CompassRock”). The transaction involves the sale of 403 units across three key developments in Southern England, offering high quality private rental units to […]

Posted by: Nathan Spencer

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