£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
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
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
Angle Property announces acquisition of 1.5-acre office site Aug 19, 2022 Angle Property is pleased to announce it has completed the purchase of RSA House on Western Road in Bracknell from RSA Security UK Limited. The 35,000 sq ft vacant office built in 2000 occupies a prominent 1.5-acre site at the entrance to the established Western Industrial Area and provides an opportunity for re-letting, conversion or […] Posted by: Nathan Spencer Read more
Angle Property to promote 6-acre site for 70,000 sq ft industrial scheme Aug 19, 2022 Angle Property is pleased to announce it has completed a promotion agreement with the Farley Farms Partnership to promote a 6-acre site adjacent to the Bridge Farm Estate in Arborfield for a new 70,000 sq ft industrial scheme. The site was previously used as the site compound during construction of the new Arborfield Relief Road […] Posted by: Nathan Spencer Read more
Aprirose expand hotel and leisure portfolio with strategic acquisition Feb 10, 2022 Aprirose, the real estate investment company, has added to its growing portfolio of hotel and leisure assets with the acquisition of Selsdon Park Hotel in Surrey from De Vere Hotels for an undisclosed price. The 200-acre parkland estate, set on the fringes of the Surrey countryside but just 12 miles from London, currently incorporates a […] Posted by: Nathan Spencer Read more
Ashby and U+I push ahead with finishing Future Works complex Mar 12, 2021 AshbyCapital and U+I have received planning consent for their extended 260,000 sqft office venture in Slough. The two office blocks will complete the campus with the companies having already collaborated on ‘No 2 The Future Works’, which recently became the first building in the UK to receive a Platinum AirScore for its indoor air quality. […] Posted by: Mark Flanagan Read more