£750m contract up for grabs in Suffolk Mar 16, 2021 Firms have until April 9th to register their interest in a £750m joint venture partnership with Suffolk County Council (SCC). The 15-year, 50:50 agreement is due to start next March and the council is looking for a single private sector partner (PSP) to develop multiple sites across the county. SCC has an initial list of […] Posted by: Mark Flanagan Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Nathan Spencer Read more
Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk Jan 17, 2022 Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […] Posted by: Nathan Spencer Read more
Bruntwood and L&G seek new partner for SciTech arm Mar 2, 2022 A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […] Posted by: Nathan Spencer Read more
Cain extends Jaynic logistics development loan to £19.25 million Jun 8, 2022 Cain International (“Cain”), the privately held investment firm, has agreed an extended development finance facility of £19.25 million with Jaynic Property Group. Cain originally lent £13.8 million in February 2022 for the development of SP160, a 160,000 sq ft warehouse at Jaynic’s Suffolk Park logistics scheme to the east of Bury St Edmunds. It has […] Posted by: Nathan Spencer Read more
Carter Jonas Achieves Planning Consent for Barratt and David Wilson Homes in Cambridge Feb 2, 2022 National property consultancy Carter Jonas has secured planning consent on behalf of Barratt and David Wilson Homes (Eastern Counties) to deliver 410 homes (of which 40% are affordable housing) in North West Cambridge, on part of a larger scheme known as Darwin Green 1. The Reserved Matters planning consent is for a site of 9 […] Posted by: Nathan Spencer Read more
Chancerygate’s latest urban logistics scheme gets approval Jul 1, 2022 Developer Chancerygate has been granted planning permission to build around 58,000 sq ft of Grade A urban logistics and industrial space in Witham, Essex. Called Freebournes Park the speculative development will comprise 10 units ranging from 4,390 sq ft to 7,030 ft which are available on a leasehold basis. Construction of the scheme is set […] Posted by: Nathan Spencer Read more
EDF & Luminous announce mega solar project in Lincolnshire Jan 11, 2023 EDF Renewables UK and Luminous Energy have announced plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford in Lincolnshire. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes* every year […] Posted by: Nathan Spencer Read more
Fiera Real Estate and Wrenbridge acquire 2.3-acre site for Grade A industrial scheme Sep 26, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 2.3-acre site in Hemel Hempstead. The business plan is to obtain planning and speculatively develop a new 52,000 sq.ft Grade A industrial warehouse development with a GDV of £22m. The site was purchased through the Fiera Real Estate Logistics Development […] Posted by: Nathan Spencer Read more
First look at what ambitious Cambridge transport revolution might look like Mar 18, 2021 Three conceptual designs which could help shape and transform how the £2bn Cambridgeshire Autonomous Metro (CAM) project is delivered have been revealed. The three consortiums of leading experts selected for the process have put forward three very different designs for an in-the-round solution to CAM’s delivery. This includes the vehicle, the infrastructure, and how the […] Posted by: Mark Flanagan Read more
Galliard acquires three development sites Jan 25, 2022 Galliard Homes has acquired three key London commuter sites for £265m of residential development. The deals for sites in Redbridge, Ipswich and Milton Keynes follow a successful period last year when Galliard sold out schemes with a combined development value in excess of £800m. In the biggest deal, Galliard has acquired ‘The Point’, a former […] Posted by: Nathan Spencer Read more
GSK announcement imminent on UK Science Cluster development partner Jun 1, 2022 GlaxoSmithKline (GSK) is on the verge of announcing a development partner, as they look deploy investment into the UK and create a new bioscience cluster near its research base in Stevenage. Last year they outlined their desire to develop a 33-acre site in Hertfordshire which would become a life science hub creating up to 5,000 […] Posted by: Nathan Spencer Read more
