Capital again targets Scottish wind farm assets Apr 16, 2021 Asset management firm Capital Dynamics has bought its second Scottish renewable energy site in as many months from German company Energiekontor AG. Capital has secured a 100% equity stake in the 13MW Sorbie onshore wind project in North Ayrshire, which is due to start operating in the second half of 2022. Building works are expected […] Posted by: Mark Flanagan Read more
Portsmouth Council launches £100m building maintenance framework Apr 16, 2021 Portsmouth Council is looking for building maintenance partners for its four-year £100m Primary contractor Framework. The council has a 15,000-strong social housing portfolio plus 900 corporate assets and it is anticipated that, over the four-year period, up to £60m of PCC projects may be procured through the Framework based upon the agreed maintenance budget for […] Posted by: Mark Flanagan Read more
Further additions to UKREiiF’s steering group Apr 16, 2021 The group steering the UK’s Real Estate Investment and Infrastructure Forum has been bolstered by two more senior industry figures. Earlier this week Jen Hartley, a director at Invest Newcastle, was confirmed as a member of UKREiiF’s Advisory Group and she has been joined by Munroe K founder David Aspin and Richard Nelson, who is […] Posted by: Mark Flanagan Read more
Second-time lucky for Birmingham’s tallest building Apr 15, 2021 Court Collaboration’s plan to build the tallest building in Birmingham has been given the go ahead, paving the way for several hundred new luxury apartments in the city centre. The proposals for the £225m build-to-rent development, which were originally approved in 2019, were resubmitted as a new application following further engagement with local stakeholders and […] Posted by: Mark Flanagan Read more
Midlands LEP reaches £500m match-funding milestone Apr 15, 2021 A funding project aimed at boosting the Greater Birmingham and Solihull area is on track to unlock £500m of match funding from an investment of £207.9m made over the last six years. The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Local Growth Fund programme, which launched in 2015, has now committed all of its […] Posted by: Mark Flanagan Read more
Urban logistics specialist continues expansion in East London Apr 15, 2021 Urban logistics specialist Valor Real Estate has bought yet another asset in East London. Valor has established a €1bn portfolio, comprising more than 90 assets and 6million sqft in just over four years, by focussing on central warehouse facilities in London and Paris, And today (April 15) it announced the purchase of its eighth such […] Posted by: Mark Flanagan Read more
New £95m maintenance and refurbishment framework Apr 15, 2021 One of London’s most prominent housing trusts is supporting a new £95m Building Maintenance & Refurbishment Services Framework. The four-year agreement, released today (April 15), has been launched by the National Framework Partnership group in conjunction with the Central and Cecil Housing Trust. The framework, which is open to any public sector body, has been […] Posted by: Mark Flanagan Read more
Welsh Government submits plans for £150m Global Centre of Rail Excellence Apr 15, 2021 The Welsh Government has submitted plans to build a £150m rail testing complex at the site of a former open-cast coal mine in Powys. The Global Centre of Rail Excellence, which is due to be completed in 2025, will allow for rolling stock and trains to be trialled on a 6.9km circular track which can […] Posted by: Mark Flanagan Read more
British Land’s plans for logistics sites in London, Sheffield and Teesside Apr 14, 2021 Property development giants British Land has divulged further details of its plan to create a logistics portfolio. The retail specialists today released a trading update report, ahead of the announcement of its full-year results on May 26, and in it outlined its wish to take advantage of the unrelenting growth in demand for warehousing. The […] Posted by: Mark Flanagan Read more
Contractor wanted for Tritax’s speculative East Midlands logistics park Apr 14, 2021 The first phase of Tritax Symmetry’s 2million sqft logistics park in the East Midlands has gained approval. The warehouse specialist plans to build seven large-scale warehouses on an 111-acre site near Rugby (just off the M45) and this week was granted planning permission for the first two speculative units – 186,000 and 134,000 sqft. Both […] Posted by: Mark Flanagan Read more
