Iconic Leeds Hotel sold for £50m Feb 23, 2023 Pandox AB has acquired and gained access to The Queens Hotel, Leeds, UK for £50m. The acquisition includes both the hotel property and the hotel operations. The hotel has 232 rooms and will be operated as an independent brand under a new management agreement with Axiom Hospitality. The total acquisition price amounts to approximately MGBP 53 with […] Posted by: Mya Driver Read more
Immobel Capital Partners acquires 50% of White Rose Office Park in Leeds Mar 8, 2022 Immobel Capital Partners, the investment management business of Immobel Group, the largest listed real estate developer in Belgium, announces it has signed a sale and purchase agreement to acquire 50% of the White Rose Park from OIRP Investment 10, part of Orion Capital Managers. White Rose is a green office campus situated just outside of […] Posted by: Nathan Spencer Read more
Industrials REIT acquires four MLI assets for £21m Apr 21, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Nathan Spencer Read more
Industry leaders set to appear en masse at UKREiiF Mar 12, 2021 More than 100 speakers will take part in UKREiiF’s three-day networking, exhibition and conferencing event in Leeds next year (May 17-19). Some of the biggest names in the industry, from the public and private sectors, will get together to discuss vital topics and elements which feed into the UK’s need to Build Back Better following […] Posted by: Mark Flanagan Read more
Kinrise embarks on the transformation of prize Leeds building Jan 26, 2022 Leading UK property company Kinrise is embarking on a comprehensive refurbishment programme of its latest high-profile acquisition in Leeds, Trevelyan Square. Kinrise has bought the freehold, 3.5 acre site in the heart of the city in a multi-million pound deal. The creative office specialist will refurbish 1 Trevelyan Square, a seven-storey 53,688 sq.ft building, and […] Posted by: Nathan Spencer Read more
Knight Frank: How the pandemic is transforming the role of the office Jan 25, 2022 The “black swan” event of Covid has revolutionised the way in which the traditional office is viewed, according to a brand-new report by global property consultancy Knight Frank. The UK Cities report, which is published today, expands on Knight Frank’s recent ground-breaking (Y)OUR SPACE report, suggesting that the past 20 pandemic-dominated months have led to […] Posted by: Nathan Spencer Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 27, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Nathan Spencer Read more
Leeds Bradford Airport improved turnover will mean modernisation Jan 10, 2023 Leeds Bradford Airport (LBA) is moving forward with plans to create “a modern and decarbonised airport” with recently filed accounts showing an improved financial performance as pandemic restrictions eased. Recently filed accounts show turnover of £16.5m for the year ending 31 March 2022, up from £5.3m in 2020/21. Alex Tong, Chief Financial Officer of LBA, […] Posted by: Mya Driver Read more
Leeds secures £16.8 million boost for new plans to help residents access affordable green home upgrades Mar 22, 2023 Hundreds more households will enjoy cheaper energy bills thanks to green upgrades after Leeds City Council secured £16.8 million to progress its plans to deliver climate-friendly housing across the city. The funding will enable the council to kick start the delivery of its new Net Zero Homes Plan, which sets out actions the local authority […] Posted by: Mya Driver Read more
Leeds Shopping Centre to get overhaul Sep 19, 2023 Leeds is poised for a significant urban transformation as plans for the redevelopment of a local shopping centre have been officially submitted. The Core Shopping Centre on The Headrow, previously known as the Headrow Shopping Centre, is the focus of this ambitious project. The proposal, put forth by AFAS The Core Ltd and Fusion Global […] Posted by: Mya Driver Read more
Leeds University looking for Net Zero Strategic Delivery Partner Aug 9, 2023 The University of Leeds has announced a significant step in its Climate Plan by seeking a strategic delivery partner to help achieve net zero emissions by 2030. The university’s commitment to energy reduction and decarbonization is part of a broader initiative to embrace sustainability and reduce its carbon footprint. A Strategic Pathway to Net Zero […] Posted by: Mya Driver Read more
Legal & General and Glenbrook complete Leeds City Centre’s largest Build to Rent funding to date Apr 18, 2023 Legal & General (‘L&G’) and Glenbrook today announce the funding of a £140m residential development in Whitehall Riverside in Leeds, committing to the delivery of 500 new homes. This marks the third scheme funded by L&G in the City and, upon practical completion, will bring the number of new rental homes it has delivered in […] Posted by: Mya Driver Read more
