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Huge step forward for transformation of town centre as development partner announced

A major milestone has been reached in the ongoing transformation of Oldham town centre, with the announcement of the council’s new development partner today (Friday 7 July). The ground-breaking new partnership with nationwide placemaker Muse, will bring millions of pounds of investment to Oldham, as well as creating new jobs and opportunities for local people, […]

Posted by: Mya Driver

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Industrials REIT acquires four MLI assets for £21m

Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […]

Posted by: Nathan Spencer

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Industrials REIT secures planning for multi-let industrial scheme

Industrials REIT, the UK multi-let industrial (“MLI”) property company, has secured planning approval for a 55,750 sq ft MLI scheme at its Old Mill Industrial Estate, in Bamber Bridge, Preston. Acquired in 2018, Industrials REIT will transform the existing estate by redeveloping an old industrial building and utilising some vacant land.  The 44 new light […]

Posted by: Nathan Spencer

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Knowsley Council: Regenerating Towns & Unlocking Economic Growth

We recently held the Knowsley Future Development Plans Event to delve into the ambitious vision that Knowsley Council are bringing forward. We’ve been speaking to them exclusively to give you a bit of insight into these exciting times… Q. Knowsley Council has previously won accolades for your success in growing the region’s economy. How do […]

Posted by: Nathan Spencer

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Lamington Group plans three new net zero room2 hometels in the UK

Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […]

Posted by: Nathan Spencer

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Levelling Up – just talk for the great sport?

Decisions will soon be made that could see a forgotten corner of North West England transformed into an iconic new venue to host the Ryder Cup in 2031. UK Sport and Ryder Cup Europe have been working on the feasibility of hosting the event in England. There is a shortlist of two venues – the […]

Posted by: Nathan Spencer

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Liverpool Street station to be transformed as part of £1.5bn sustainably-led regeneration project

Sellar, the developer of London Bridge Quarter and Paddington Square, MTR, a leading global operator of sustainable rail transport services including the Elizabeth line, and Network Rail have submitted a joint planning application to the City of London Corporation for proposed vital upgrades to transform Liverpool Street station. The £1.5 billion vision for Liverpool Street […]

Posted by: Mya Driver

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