£400m Manchester city centre regeneration scheme get green light Jun 9, 2021 MCR Property Group has received the go-ahead for the regeneration of the former Rochdale Road Gas Works which they’ll transform into 1,200 new apartments and townhouses. The 6.6-acre site sits within the £4bn Victoria North masterplan forming part of The New Town community – with the overall vision to transform over 380-acres of city centre […] Posted by: Nathan Spencer Read more
£150m facility set for Cornwall as Blue Abyss plans ‘worlds biggest and deepest’ pool Jun 9, 2021 The world’s biggest and deepest pool for testing the latest underwater technology, helping advanced subsea robotics and even training astronauts is being planned at Cornwall Airport Newquay as it continues to see growth in the space related sector. Blue Abyss, a £150m facility, will be the world’s leading extreme environment research, test and training centre […] Posted by: Nathan Spencer Read more
Huge plan for 17,000 new homes and 220-acres of employment land Jun 9, 2021 Charnwood Borough Council aims to develop more than 17,000 new homes over the next 16 years to ensure that demand for housing is fulfilled. The blueprint highlighted in the local plan will also see 220-acres set aside to develop new offices and industrial space to create thousand of new jobs, in addition to a 180-acre […] Posted by: Nathan Spencer Read more
UK Residential REIT aims to raise £150m in stock market float Jun 9, 2021 The UK Residential REIT, a proposed closed-ended real estate investment trust established to invest in a diversified portfolio of affordable, privately rented residential real estate assets in attractive locations outside of London, today announces its intention to proceed with an initial public offering of new Ordinary Shares and to apply for the admission of its […] Posted by: Nathan Spencer Read more
Northern Ireland’s 10-year investment strategy unveiled Jun 9, 2021 Economy Minister Diane Dodds has today launched the trade and investment strand of her economic plan for Northern Ireland over the next ten years, ahead of the expected re-shuffle which will see her being replaced by Paul Frew. Dodds said: “I want to harness trade and investment as a catalyst for inclusive, green growth in […] Posted by: Nathan Spencer Read more
Kraft Heinz announces £140m investment in the UK Jun 8, 2021 The firm has confirmed their intention to bring ketchup making back to the UK at their Wigan factory. The factory is already the largest food processing plant in Europe, with around 1.3bn cans of food being produced at the plant a year, but bringing ketchup back to the site could create 50 new jobs. The […] Posted by: Nathan Spencer Read more
Springfield Properties announce results to be “significantly ahead” of market expectations Jun 8, 2021 Housebuilder Springfield Properties said today that it expects its 2020/21 results to be significantly ahead of market expectations, reflecting significant year-on-year revenue growth. A trading update issued this morning revealed strong build and sales activity in the first half of the year has been sustained throughout the year with the group continuing to experience high demand across the […] Posted by: Nathan Spencer Read more
IPUT acquires 64-acre development site near Dublin Airport Jun 8, 2021 Potential to deliver 600,000 to 700,000 sq. ft. of prime logistics space Scheme to increase IPUT’s logistics portfolio to c. 4 million sq. ft. on completion IPUT setting new standards for sustainability in the logistics sector IPUT Real Estate, Ireland’s leading property company and the largest owner of offices and logistics assets in Dublin, is […] Posted by: Nathan Spencer Read more
M7 Real Estate sells Wednesbury Trading Estate for £34 million to PATRIZIA Jun 8, 2021 M7 Real Estate, the pan-European investor and asset manager specialising in multi- tenanted properties, announces that it has sold Wednesbury Trading Estate to PATRIZIA for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP. Wednesbury Trading Estate, which is located approximately 10 miles to the north west of Birmingham, […] Posted by: Nathan Spencer Read more
Record year for Scottish equity deals Jun 8, 2021 Scotland retained its strong position as one of the most active equity investment markets in the UK last year with the number of deals completed reaching record levels. Published today by Scottish Enterprise, Investing in Ambition: Scotland’s Risk Capital Market in Context, identifies 446 equity deals completed in Scotland during 2020 (2019: 428). It places […] Posted by: Nathan Spencer Read more
