Realty Seals £200.8m Agreement for 11 UK Retail Parks Sep 19, 2023 In a significant move in the UK’s real estate sector, the American real estate conglomerate, Realty, has announced an agreement to acquire 11 retail parks from Ediston Property Investment Company for a sum of £200.8 million. The deal, which involves Ediston’s entire property estate, is with RI UK 1 Limited, a subsidiary of Realty. The […] Posted by: Mya Driver Read more
£127m redevelopment of DEFRA site open to tender Mar 12, 2021 DEFRA this week opened the tender process on the £127m redevelopment of its Animal & Plant Healthy Agency (APHA) site in Surrey. Companies interested are being asked to complete a Soft Market Test questionnaire to establish potential ethical and technical issues surrounding the project, which includes building an in vitro laboratory. The responses will contribute […] Posted by: Mark Flanagan Read more
£2.5m backing for new Brighton open water swimming centre Nov 29, 2022 A new open air swimming centre with a host of facilities is due to open on East Brighton’s seafront in Spring 2023, with the backing of a £2.5m loan. Set on the site of the former Peter Pan playground on Madeira Drive in East Brighton, the Sea Lanes development will feature a 50m heated outdoor […] Posted by: Nathan Spencer Read more
£3.5m deal for Portsmouth warehouse Jan 16, 2023 The industrial / warehouse building in Havant, near Portsmouth, has been sold for just over £3.5 million. Vail Williams acted for the purchaser in the acquisition of the 21,312 sq ft Independence at 3 Stanbridge Road, Havant, for £3,525,000. A private property investment company, registered in Southsea, Hampshire, was the vendor and the new owner […] Posted by: Mya Driver Read more
£45bn of infrastructure projects proposed by Transport for the South East Jul 8, 2022 Ideas by Transport for the South East to transform infrastructure across the South Coast have been launched through a new document – which includes a new underground line to create a more direct route between Southampton and Portsmouth. Plans totalling around £45bn are included within the document – with a key piece being the new […] Posted by: Nathan Spencer Read more
£Billions of development set for Greenbelt Lands in England Aug 9, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver 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
50/50 partner required for £200m Leatherhead town centre overhaul Mar 15, 2021 Mole Valley District Council (MVDC) has opened proceedings on finding a 50/50 construction partner for its £200m scheme to redevelop a huge swathe of Leatherhead town centre. Firms have until April 23rd to register their interest in a mixed-use redevelopment project affecting two pivotal freehold sites – The Swan Centre and Bull Hill. The two […] Posted by: Mark Flanagan Read more
Acorn Homes secures £5.9m Paragon funding for development Jun 20, 2023 Acorn Homes has secured a £5.9 million finance facility from Paragon Bank’s Development Finance division to support the development of 44 new apartments in Taunton, Somerset. The Firepool scheme is located on the Firepool Lock regeneration site and consists of 21 one-bed, 17 two-bed and six three-bed apartments. Work has commenced on the development and […] Posted by: Mya Driver Read more
Aldermore provides £6.4m to Saxon Square Christchurch Aug 19, 2022 Aldermore has provided Saxon Square Christchurch with a £6.4m commercial mortgage, refinancing their key multi-let retail and hotel centre from a high street lender. The shopping centre offers the only pedestrianised retail zone in the coastal town of Christchurch, located near the New Forest, Hampshire. Saxon Square sits behind Christchurch’s Mayor’s Parlour building and in […] Posted by: Nathan Spencer Read more
Alternative Income REIT acquires Slough showroom in £5m deal Feb 1, 2022 The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with inflation-linked rent reviews, is pleased to announce that the Company has completed the acquisition of the Volvo car showroom in a prime location on the A4 Bath […] Posted by: Nathan Spencer Read more
Amicala and Socius receive planning consent for Members Hill, a new Integrated Retirement Community in Weybridge, Surrey Mar 15, 2023 Amicala, a leading later living operator and Socius, an impactful developer with a c. £1bn portfolio across major UK towns and cities have received planning consent from Elmbridge Borough Council for a new Integrated Retirement Community at Members Hill in Weybridge, Surrey. The scheme will comprise 205 purpose-built, age-appropriate homes for sale alongside a range […] Posted by: Mya Driver Read more
