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British Land Announces Potential £750m Sale of Iconic Meadowhall Centre

Sheffield, UK – In a significant move reflecting the evolving retail landscape, British Land has unveiled plans to sell the renowned Meadowhall shopping centre in Sheffield for an estimated £750 million. This monumental sale, if finalized, would rank among the UK’s most substantial retail property deals in the past few years. Opened in 1990, Meadowhall […]

Posted by: Mya Driver

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Realty Seals £200.8m Agreement for 11 UK Retail Parks

In a significant move in the UK’s real estate sector, the American real estate conglomerate, Realty, has announced an agreement to acquire 11 retail parks from Ediston Property Investment Company for a sum of £200.8 million. The deal, which involves Ediston’s entire property estate, is with RI UK 1 Limited, a subsidiary of Realty. The […]

Posted by: Mya Driver

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£4.8 million invested to expand Hull Container Terminal storage capacity

ABP Humber has recently completed an extension to its Humber Container Terminal at the Port of Hull. An investment of £4.8 million has enabled an additional 17,600m2 of heavy-duty paving to expand the terminal’s storage capacity. The Humber Container Terminal in Hull welcomes around 12 vessels per week from Rotterdam, Amsterdam and Ghent, serving customers […]

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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Aldermore provides £16.5m to Citu for Sheffield housing scheme

Aldermore has provided a £16.5m development finance loan to Citu for the next phase of its Kelham Central housing development in Kelham Island, Sheffield. The next phase of the development will be comprised of 68 additional low carbon homes, including a range of house types, plus two small commercial units. This marks the next chapter for […]

Posted by: Nathan Spencer

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Aldermore provides £21m of loans for PBSA development in Leeds

Aldermore has provided loans totalling £20.9m to Study Inn Group for a 400 room, two phase student accommodation development, in the heart of Leeds city centre. The first phase, Brotherton House on Grace Street was converted and regenerated to create 163 rooms and opened for the student intake in September 2022 with all rooms fully […]

Posted by: Nathan Spencer

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