Aldi announce £1.3bn investment drive to create 100 new stores Sep 27, 2021 Supermarket giant Aldi has unveiled plans to open 100 new stores as part of a major £1.3bn investment – which will create 2,000 new jobs. The investment will take place over the next 24 months as the firm continues to see a sales surge – topping more than £12.3bn in 2020 which was a 10% […] Posted by: Nathan Spencer Read more
Dolphin Living exchanges contracts with Landsec to provide new affordable homes in London’s Soho Sep 27, 2021 Dolphin Living, one of the of UK’s most innovative and forward-thinking providers of intermediate affordable housing, has exchanged contracts with Landsec for the purchase of the long leasehold of a site in the heart of Soho, London, in order to provide new affordable homes. The site is located at 118-122 Wardour Street in the City […] Posted by: Nathan Spencer Read more
Henderson Park acquires £60m office unit in London innovation hotspot Sep 27, 2021 Henderson Park, the private equity real estate firm headquartered in London, announces that it has acquired 100 Leman Street from abdrn for £60 million on behalf of Henderson Park Real Estate Fund I. The high quality modern office offers Henderson Park medium term potential to undertake a series of asset management initiatives to add amenities, […] Posted by: Nathan Spencer Read more
Workspace continues acquisitions spree with £43m Shoreditch purchase Sep 27, 2021 Workspace Group has announced that it has exchanged contracts to acquire Stapleton House, also known as ‘The Old Dairy’, in Shoreditch, for a total of £43.38m. The property provides 57,000 sq. ft. of net lettable space adjacent to Workspace’s business centre, The Frames, which opened in 2017 following a major refurbishment project. The Old Dairy […] Posted by: Nathan Spencer Read more
Chancerygate and Northwood Investors JV announce urban logistics growth plans Sep 27, 2021 Chancerygate and Northwood Investors have launched a joint venture (JV) targeting speculative urban logistics development opportunities throughout the UK. The JV intends to acquire sites in key cities nationwide over the next 18 months and has exchanged contracts on its first purchase in the North West, the details of which will be revealed in due […] Posted by: Nathan Spencer Read more
Planning secured for 1,000-home mixed use development in Shropshire Sep 27, 2021 Harworth Group plc, a leading regenerator of land and property for development and investment, is pleased to announce that Shropshire Council’s Southern Planning Committee has resolved to grant planning permission for the regeneration of the former Ironbridge Power Station in Shropshire into a mixed-use development comprising up to 1,000 new homes, alongside a range of […] Posted by: Nathan Spencer Read more
AIPUT acquires 75-acre strategic site in west Heathrow Sep 27, 2021 AIPUT (Airport Industrial Property Unit Trust) managed by Aberdeen Standard Investments (ASI), has completed the freehold acquisition of a 75-acre site to the west of Heathrow Airport, adjacent to the Poyle Trading Estate. The acquisition represents the largest strategic land transaction in terms of acres in the area for over 20 years. The site is located close to Junction 14 of the […] Posted by: Nathan Spencer Read more
Pagabo launches bidding for £1.6bn civils framework Sep 27, 2021 National framework provider Pagabo has launched bidding for suppliers to join its brand-new, £1.6 billion civils and infrastructure framework, which is set to go live at the start of 2022. The framework will run for four years and will allow local authorities and public sector bodies to procure a range of projects such as rail, […] Posted by: Nathan Spencer Read more
Investec provide first modular construction loan for PBSA project Sep 27, 2021 Investec has provided Stelling Properties Group, the modular development specialists, with a £10.83 million senior facility to fund the development of Riverside House, a 99-studio unit student scheme in Guildford. It represents the first modular scheme that Investec has funded and aligns with its approach in supporting the delivery of buildings with strong sustainability credentials. […] Posted by: Nathan Spencer Read more
Barking acquisition takes Valor’s East London urban logistics assets to £350 million Sep 27, 2021 Valor Real Estate Partners, the pan-European urban logistics platform, has completed the acquisition of an urban logistics asset in Barking, East London, from a private seller in an off-market transaction. The estate comprises 26,000 sq ft of modern logistics space on a 1.27-acre plot which fronts onto the A13 and is within 20 minutes’ drive […] Posted by: Nathan Spencer Read more
