Built Environment Networking Blog: East Midlands News

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Investec’s student beds commitment passes £800m

Leading asset managers Investec has furthered strengthened its position in the purpose-built student accommodation sector (PBSA) by financing a joint venture deal to build four properties in the UK. Since 2015, Investec has committed more than £820m of finance, funding a mix of domestic and international borrowers and the development of 19,500 beds across 53 […]

Posted by: Mark Flanagan

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JR Capital and Chancerygate £150m urban logistics fund acquires 55,780 sq ft Northampton portfolio

A portfolio of seven fully-let units totalling 55,780 sq ft on Crow Lane Industrial Park in Northampton has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund has acquired the industrial estate from asset management company Columbia Threadneedle Investments. All values […]

Posted by: Mya Driver

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Leicestershire County Cricket Club Announce Major Redevelopment Plans

Leicestershire County Cricket Club has entered into consultation with developers, stakeholders and the community after announcing intentions for a £60m redevelopment of Uptonsteel County Ground. The club has been working extensively with architects, research consultants and financial bodies to produce design specifications that have the scope to transform the existing stadium and create new facilities […]

Posted by: Mya Driver

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Lincolnshire Co-op and Wykeland Group announce Waterside Shopping Centre acquisition

Lincolnshire Co-op and Wykeland Group are delighted to announce the acquisition of Waterside Shopping Centre in Lincoln. The two organisations have come together in a 50/50 partnership to secure the prime retail and leisure destination in the heart of Lincoln city centre. The 130,000 sq ft Waterside scheme is 95% let with an impressive line-up of leading retailers including H&M, […]

Posted by: Mya Driver

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LondonMetric acquires two urban logistic assets for £29m

LondonMetric Property Plc (“LondonMetric”) announces the acquisition of two urban logistics properties for £28.8 million, in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%. The properties are expected to generate a rent of £1.4 million p.a. and comprise: a 125,000 sq ft urban logistics forward fund development at […]

Posted by: Nathan Spencer

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LondonMetric reinvests in Milton Keynes warehouses

Logistics specialist LondonMetric has bought two warehouses in Milton Keynes for £31.2m. The two properties have been acquired in separate transactions and comprise a 66,000 sqft unit, which is let to TalkTalk as a data centre and has been acquired for £23.9m, and a  42,000 sqft urban logistics warehouse which is three miles from the […]

Posted by: Mark Flanagan

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MAYORAL ELECTION IN FOCUS: Cambridgeshire and Peterborough CA

On May 6 a number of Combined Authority Mayoral elections will take place and, as part of a special series of events, we invited candidates from each one one to explain what their ambitions and visions are in terms of regeneration moving forward? Below are the responses from those standing for Mayor in the Cambridgeshire […]

Posted by: Mark Flanagan

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New UK ‘Space City’ cluster launched in Leicester

A new ‘Space City Leicester’ cluster has been launched in Leicester that will create one of the largest and most connected Enterprise Zones for space-related activities in the UK. Space City Leicester represents up to £233 million of investment in new and planned facilities on the former Pioneer Park development to the north of Leicester […]

Posted by: Mya Driver

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New UK ‘Space City’ cluster launched in Leicester

A new ‘Space City Leicester’ cluster has been launched in Leicester that will create one of the largest and most connected Enterprise Zones for space-related activities in the UK. Space City Leicester represents up to £233 million of investment in new and planned facilities on the former Pioneer Park development to the north of Leicester […]

Posted by: Mya Driver

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