Gloucester city centre redevelopment planners begin search for construction partners Mar 1, 2021 Construction partners are being sort for a £80m multi-use redevelopment that will transform the look of Gloucester’s city centre. Last month Gloucester City Council signed off on the scheme, which will see the demolition of a range of buildings in the Kings Quarter to be replaced with The Forum, an innovation hub that incorporates a […] Posted by: Mark Flanagan Read more
Green light for Bicester’s Axis J9 five-unit extension to meet urgent need for employment space and create more jobs Apr 25, 2023 Albion Land, the privately-owned commercial property developer and asset manager, has been given the green light to deliver an additional five logistics and industrial buildings of circa 152,000 sq ft (14,121 sq m) at Axis J9 in Bicester, Oxfordshire. Axis J9 is the new distribution and manufacturing park which commenced construction in 2019 and has […] Posted by: Mya Driver Read more
Green light for the 266-home sustainable community outside Cheltenham Mar 28, 2023 Approval has been granted by Cheltenham Borough Council for the creation of 266 new homes at Swindon Farm, Cheltenham. The development, delivered by Persimmon Homes, forms the first phase of the North West Cheltenham Strategic Allocation, defined by the Joint Core Strategy of Tewkesbury, Cheltenham and Gloucester Councils. The consortium of Bloor Homes and Persimmon […] Posted by: Mya Driver Read more
High Court confirms go-ahead for Bristol Airport’s expanded capacity Feb 8, 2023 The High Court has today dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expanded capacity. The Planning Inspectorate decided in February 2022 to allow Bristol Airport to increase its cap on passengers from 10 million passengers each year to 12 million. The Airport’s plans include major investment in the terminal […] Posted by: Nathan Spencer Read more
Impact Healthcare REIT acquires three care homes in Devon and Somerset in £25m deal Jun 1, 2022 The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has recently completed the accretive acquisition of three properties (one in Somerset and two […] Posted by: Nathan Spencer Read more
Kadans buys Oxford Biomedica Windrush Court Site for £60m Nov 18, 2022 Kadans Science Partner will add Windrush Court in Oxford, UK to its Pan-European portfolio. The asset will be acquired from Oxford Biomedica in a sale and lease back transaction. Windrush Court is a c.75,000 sq ft building which will be leased back, in its entirety, to Oxford Biomedica. Oxford Biomedica works across key viral vector […] Posted by: Nathan Spencer Read more
L&G buys six UK industrial estates from CBRE Investment Management Feb 10, 2022 Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, the […] Posted by: Nathan Spencer Read more
LCP Group acquires Trowbridge Shopping Centre Jan 25, 2023 LCP Group, has acquired a dominant town centre shopping centre in Wiltshire. The Shires in Trowbridge is a 118,000 sqft centre with 52 retail units. Tenants include Iceland, JD Sports, Sports Direct, Peacocks, Poundland and Superdrug and it is anchored by an Asda superstore. There are also more than 1,000 car parking spaces. The Bristol […] Posted by: Mya Driver Read more
Leopard Capital sells Booker Cash & Carry warehouse in Trowbridge for £3.25m Oct 21, 2022 Leopard Capital, the property investment fund, has completed the off-market sale of the Booker Cash & Carry warehouse, Canal Industrial Estate, Trowbridge for £3,250,000, reflecting a Net Initial Yield of 5.59%. Leopard Capital acquired the asset in 2018 for £2,385,000. The asset totals 35,527 sq ft GIA and is let for a further 2.5 years […] Posted by: Nathan Spencer Read more
M7 signs major 66,000 sq ft logistics letting at Western Approach Distribution Park in Bristol Apr 18, 2023 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has fully let 1500 Western Approach, a c. 66,000 sq ft logistics property on Western Approach Distribution Park in Bristol, to PICS Telecom. The transaction is the largest logistics letting in the South West for Q1 2023. PICS Telecom has signed a […] Posted by: Mya Driver Read more
MAYORAL ELECTION IN FOCUS: West of England CA Apr 23, 2021 On May 6 a number of Combined Authority mayoral elections will be taking place and, as part of a special series of events, we invited all candidates to explain what their ambitions are in terms of regeneration? Below are the responses for the candidates in the West of England CA who took part [emaillocker id=”71749″] […] Posted by: Mark Flanagan Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 25, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Nathan Spencer Read more
