Vistry acquires site for 726 homes in Devon Sep 22, 2021 Vistry Group, the FTSE 250 listed housebuilder, has completed unconditionally the acquisition of a £215m site of 726 homes in Wolborough, Devon. The 96.5-acre site will utilise dual branding of Bovis and Linden Homes, giving buyers the benefit of a wide choice of homes from the latest collections. On offer will be a full suite […] Posted by: Nathan Spencer Read more
Blackstone announce £850m investment in UK science parks sector Sep 22, 2021 In a major boost to the UK’s life sciences sector, Blackstone portfolio company, BioMed Realty plans to deliver approximately 800,000 square feet of additional high-quality purpose-built lab space, following the acquisition of two new sites in Cambridge. [emaillocker id=”71749″] BioMed, a leading provider of real estate solutions to the life science and technology industries, has […] Posted by: Nathan Spencer Read more
Heitman and Greycoat JV acquires London office building Sep 22, 2021 Hines, the international real estate firm, has sold a c. 20,000 sq ft office building in prime Central London following almost 15 years of active asset management. The asset has been sold, on behalf of Hines European Core Fund (HECF), to a joint venture between Heitman, a global real estate investment management firm with $46.0 […] Posted by: Nathan Spencer Read more
Investec appoints Jane Niles to Head of Real Estate Offshore Sep 22, 2021 Investec has appointed Jane Niles as Head of Real Estate Offshore, within its Corporate and Family Office Team in the Channel Islands, as it looks to capitalise on the continued appeal of real estate investment opportunities in both the UK and offshore. In her new role, Jane, who joined Investec in 2016, will report into […] Posted by: Nathan Spencer Read more
Kexgill and Aldermore strike £16m deal to bring forward two PBSA projects Sep 22, 2021 Aldermore bank has provided a £16m, ten-year, interest only Commercial Residential Investment refinance loan to existing client Kexgill Nottingham Limited, a subsidiary of Kexgill Limited. The funding will be used to refinance nine student accommodation properties in Nottingham and one in Liverpool. In total, the residential units make up 369 bedrooms. Aldermore’s last deal with […] Posted by: Nathan Spencer Read more
Knight Property Group secures planning consent for £50 million Belgrave Logistics Park Sep 22, 2021 Knight Property Group has just secured full planning consent from North Lanarkshire Council to develop a brand new £50 million logistics park at Bellshill Industrial Estate, on the site of the former Devro manufacturing facility. The application was approved at last week’s full committee meeting. The 14-acre site will be transformed into Belgrave Logistics Park, […] Posted by: Nathan Spencer Read more
Fusion21 Announces Suppliers Appointed to £120Million Consultants Framework Sep 22, 2021 Procurement organisation and social enterprise Fusion21, has announced the suppliers successfully appointed to its national Consultants Framework following a highly competitive tender process – worth up to £120 Million over a four-year period. A total of 112 specialist firms – including 80% SMEs – have secured a place on the framework which is expected to […] Posted by: Nathan Spencer Read more
CAPITAL&CENTRIC reveal £60m urban destination vision Sep 22, 2021 More details of the plans to create a £60m urban destination next to Stoke-on-Trent train station have been unveiled by award-winning social impact developers Capital & Centric. Proposals of the new urban quarter, the Goods Yard, have been revealed by the developers, who starred in BBC2 documentary ‘Manctopia’. The plans will see the Swift House […] Posted by: Nathan Spencer Read more
Weston Homes attracts Taylor Wimpey’s Peter Gore for Group Operations Director Sep 22, 2021 Leading volume housebuilder Weston Homes is pleased to announce the appointment of Peter Gore as Group Operations Director, to help support and strengthen business operations during a period of rapid growth fuelled by new landmark schemes. Highly experienced in both the London and Essex markets, Peter Gore brings with him a wealth of technical, commercial […] Posted by: Nathan Spencer Read more
Supermarket Income REIT secures 6 sites in £131m deal Sep 22, 2021 Supermarket Income REIT plc , the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of six supermarkets for a total purchase price of £113.1 million (excluding acquisition costs), reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases consist of a […] Posted by: Nathan Spencer Read more