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£127m redevelopment of DEFRA site open to tender

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

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£3.5m deal for Portsmouth warehouse

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

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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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50/50 partner required for £200m Leatherhead town centre overhaul

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

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Aldermore provides £6.4m to Saxon Square Christchurch

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

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Alternative Income REIT acquires Slough showroom in £5m deal

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

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Angle Property announces acquisition of 1.5-acre office site

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

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Ashby and U+I push ahead with finishing Future Works complex

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

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