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£750m contract up for grabs in Suffolk

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

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11-PBSA units totalling 4,500 beds sold in £306m deal

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

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Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk

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

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Bruntwood and L&G seek new partner for SciTech arm

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

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Cain extends Jaynic logistics development loan to £19.25 million

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

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Chancerygate’s latest urban logistics scheme gets approval

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

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EDF & Luminous announce mega solar project in Lincolnshire

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

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First look at what ambitious Cambridge transport revolution might look like

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

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Galliard acquires three development sites

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

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