Railpen secures Oxford life science business park in £30m deal Sep 26, 2022 The UK’s railways pension scheme – Railpen – has scooped for a life-science business park in Oxford for £29m. Eastpoint Business Park, acquired from AEW UK REIT, comprises of five buildings and they aim to reposition the asset to create a laboratory-led portgolio. This is a further commitment by Railpen in the Oxford Cambridge Arc […] Posted by: Deividas Krupstas Read more
Rushmoor Development Partnership Obtain Outline Planning for Significant Farnborough Town Centre Regeneration Feb 24, 2023 The Rushmoor Development Partnership (RDP), an equal partnership between Hill Investment Partnerships Limited (Hill) and Rushmoor Borough Council (RBC) are delighted to have obtained outline planning approval of their Civic Quarter Masterplan for Farnborough. The masterplan comprises an ambitious vision that will breathe new life into the heart of Farnborough, and includes new homes, a […] Posted by: Mya Driver Read more
Sainsbury’s agree land sale for major East London redevelopment Apr 23, 2021 Telford Homes has cleared a major hurdle in its bid to develop a major mixed use scheme in East London. The constructors today confirmed it has exchanged contracts with Sainsbury’s for the conditional purchase of a 4.82-acre site in Ilford. The site benefits from an existing residential led planning permission, which the partnership anticipates enhancing […] Posted by: Mark Flanagan Read more
Sale of MOD site in Cambridgeshire to bring new lease of life to area Jul 4, 2023 The MOD has announced the completion of the sale of Waterbeach Barracks in Cambridgeshire, paving the way for a major redevelopment of the site to provide new homes, schools sports and community facilities, as well as a haven for wildlife. The site has been sold to Urban&Civic PLC, part of the Wellcome Trust. Urban&Civic has […] Posted by: Mya Driver Read more
SEGRO begins construction of final plot at SEGRO Park Bracknell following pre-let Jan 19, 2022 Construction has started on the final plot at SEGRO Park Bracknell, following agreement of a pre-let with a leading online retailer. The customer has agreed a 15-year lease for an 83,000 sq ft unit at the 8-acre site, which will be used as a distribution hub, meaning the site is now fully let. SEGRO Park Bracknell […] Posted by: Nathan Spencer Read more
SEGRO raises sustainability bar with green retrofit scheme Jun 20, 2022 SEGRO has started work to deliver a refurbishment scheme on the Slough Trading Estate that will raise the bar in terms of its environmental sustainability. The 20,210 sq ft unit is located on Bestobell Road at the East of the Slough Trading Estate and was built originally in 1988. The refurbishment will transform the unit […] Posted by: Nathan Spencer Read more
Silbury Finance facilitates £22m for Hove residential development Nov 10, 2022 The Oaktree Capital Management-backed lender agreed the 17-month facility at 70% LTGDV. It will support Stonegate’s transformation of a vacant office block into 100 residential flats arranged over seven floors. The scheme will include a mix of one-and-two-bed apartments and penthouses with panoramic views across Brighton and the coastline. Some 25% of the homes are […] Posted by: Nathan Spencer Read more
Silbury Finance provides £39 million loan for 20-acre brownfield site acquisition in Dorking, Surrey Apr 18, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £39 million senior loan to Stonegate Homes, the residential developer focused on brownfield site regeneration in the Homes Counties. The 12-month facility, at 90% Loan to Cost, will fund the acquisition of a 20 acre brownfield site in Dorking, Surrey, where Stonegate Homes […] Posted by: Mya Driver Read more
Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Nathan Spencer Read more
Slough Trading Estate rounds off bumper year with new letting Dec 22, 2021 SEGRO has rounded off a busy and successful year at Slough Trading Estate by agreeing a new lease with a long-standing customer which is expanding its operations on the Trading Estate. Hanovia, which has been based on the Trading Estate for almost 100 years and provides chemical free, ultraviolet disinfection systems for water treatment, has […] Posted by: Nathan Spencer Read more
South East office investment hit record £4bn in 2021 Jan 12, 2022 The South East office market saw a record £4.02 billion of investment turnover in 2021, more than double the 2020 figure of £1.93bn and 45% above the 10-yr annual average for the region. The year also witnessed a record Q4, which saw £1.54 billion of office stock traded. Overseas capital accounted for 59% of investment […] Posted by: Nathan Spencer Read more
Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme Sep 27, 2022 Hertfordshire is to get an entirely new town centre, with plans submitted today for the £500m Brookfield Riverside development in Cheshunt. Designed by Lyons+Sleeman+Hoare, the 1m sq ft Brookfield Riverside will rise at the intersection of the M11 and M25 motorways. Sovereign Centros are in a development partnership with Peveril Securities. The parties were appointed […] Posted by: Nathan Spencer Read more
