BMO acquires logistics asset and supermarket in latest spree Jan 25, 2022 UKREiiF attendee BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), has acquired a Lidl store in Chichester, West Sussex for £9.5 million, reflecting a 4% net initial yield. The investment has been undertaken on behalf of a separate account mandate, for which […] Posted by: Nathan Spencer Read more
British Business Investments commits £15m to CrowdProperty Apr 18, 2023 British Business Investments today announces it has committed £15m to CrowdProperty, the Midlands-based specialist property development lender. This investment will help increase access to finance for small and medium sized housing developers and will support more housebuilding. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to increase the supply and […] Posted by: Mya Driver Read more
Bruntwood and L&G seek new partner for SciTech arm Mar 2, 2022 A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […] Posted by: Nathan Spencer Read more
Burley Browne announces new build warehouse/industrial opportunities in Birmingham totalling just over 51,000 sq ft Mar 30, 2023 Phase 1 of the development comprises two blocks of modern high spec units; Block A provides units from 5,000 sq ft – 20,000 sq ft and Block B extends to provide units from 9,000 sq ft – 31,000 sq ft. The development is well on the way and is due to be delivered from April 2023. Brief specification includes: Posted by: Mya Driver Read more
Caskade Group acquires Birmingham Hotel in £12.5m deal Jul 8, 2022 The Hotel Indigo in Birmingham has been sold to the Caskade Group off a listed price of £12.5m. The property features 52 rooms, a Marco Pierre White-branded restaurant, and a whiskey and cocktail lounge. It was designed by Ken Shuttleworth of Make, who was involved in the construction of the Gherkin building in London. The […] Posted by: Nathan Spencer Read more
Charles Church submits plans for second phase of Kenilworth community Feb 23, 2023 Charles Church has submitted plans to Warwick District Council for an additional 452 homes at its Kenilworth Gate development, located on the southern edge of the town. The proposals follow the first phase of 98 homes at Kenilworth Gate, featuring a range of two to four bedroom homes in the sought-after town of Kenilworth. The […] Posted by: Mya Driver Read more
Clowes acquires Birmingham office campus in £13m deal Jun 1, 2022 Hillview Real Estate, the UK regional office investor, has sold an office campus on the edge of Birmingham to Clowes Developments for £13.1 million, reflecting a net initial yield of 7.5%. The campus is 2620-2650 Kings Court, which comprises six self-contained office buildings, totalling 52,373 sq ft, at Birmingham Business Park, the premier business park […] Posted by: Nathan Spencer Read more
Clowes Developments sell prominent Coventry site for housing scheme Sep 21, 2022 Persimmon Homes have purchased a parcel of land from Clowes Developments with planning consent for residential development. Planning consent has been granted by the site’s local authority, Coventry City Council, with permission for 223 residential dwellings ranging in size from two to four-bedroom homes. There will also be 25% affordable housing made available for local […] Posted by: Nathan Spencer Read more
Cole Waterhouse completes Digbeth land acquisition for upper Trinity Street Oct 28, 2022 Investment and development company Cole Waterhouse has completed the acquisition of a key development site in Digbeth, paving the way for the creation of Upper Trinity Street (UTS), a £260 million mixed-use scheme which will deliver 943 new homes and a new public park for the city. Cole Waterhouse has entered into an agreement with […] Posted by: Nathan Spencer Read more
Commission launched to develop vision and plans for the former Greyfriars Bus Station Jul 4, 2023 The regeneration of Northampton Town Centre has taken an exciting step forward as West Northamptonshire Council (WNC) seeks designers and engineers to develop the vision and plans for the former Greyfriars Bus site. Greyfriars is the largest brownfield opportunity within West Northamptonshire and represents a significant opportunity to deliver a large-scale development in this area. […] Posted by: Mya Driver Read more
Compulsory Purchase Order made to progress Cannock town centre regeneration Jun 21, 2023 As part of its £20 million Levelling Up Fund scheme to create a leisure and cultural hub in Cannock town centre, Cannock Chase Council has made a compulsory purchase order and is now issuing a legal `Notice of Making a Compulsory Purchase Order`. The notice, which is required to be published in one or more […] Posted by: Mya Driver Read more
Construction completes on new Warwick Arts Centre in UK’s City of Culture Jun 29, 2021 National contractor Willmott Dixon has this month completed work on the new and improved Warwick Arts Centre situated on the University of Warwick’s campus. The Arts Centre now boasts a large new building with a number of newly created spaces including three digital auditoria with high-end digital projection and sound, as well as a ground floor gallery to exhibit […] Posted by: Nathan Spencer Read more