Built Environment Networking Blog: Commercial and Mixed Use News

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‘The time is right for something different’

UKREiiF Advisory Group chair Lord Kerslake has held a variety of roles within the built environment industry during the last two decades, including Chair of housing association Peabody and Be First (the growth and regeneration agency for Barking and Dagenham). Here he outlines why the time is right for UKREiiF I’ve been involved in development […]

Posted by: Mark Flanagan

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£1.9bn Smithfield Birmingham project plans submitted

Plans for the £1.9bn Smithfield Birmingham regeneration project have been submitted. The development of residential, commercial and leisure facilities is set to create thousands of jobs. Birmingham City Council appointed Lendlease, an international real estate and investment group to prepare the hybrid proposals. Permission has been sought for approximately 3,000 residential units, along with 274,000 […]

Posted by: Nathan Spencer

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£19.4 Million Redevelopment: Vacant Leicester City Council Offices to be Transformed

Leicester City Council has approved a £19.4 million redevelopment project that will transform the vacant Ian Marlow Centre in Blackbird Road into a hub for high-tech industries and start-up businesses. Pioneer Park Expansion The city council secured the £19.4 million funding to expand Pioneer Park, the city’s science park. This expansion will include two more […]

Posted by: Mya Driver

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£300m development portfolio – Aitch Group diversify in challenging market with new land sought

In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […]

Posted by: Mya Driver

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61.5 acre site acquired for development near Edinburgh Airport

GSS Developments pay an undisclosed sum for 61.5-acre former Continental Tyres Factory near Edinburgh. The brownfield site has been abandoned since 1999 and could be a residential and/or commercial development one mile from Edinburgh Airport. Commenting on the purchase, which was assisted by corporate law firm Dickson Minto, Paul Stevenson of GSS Developments said: “This […]

Posted by: Nathan Spencer

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AIPUT doubles down on investment with acquisition of the Fleming Business Centre in the heart of the Gatwick airport ecosystem

AIPUT (Airport Industrial Property Unit Trust) managed by abrdn, has completed the freehold acquisition of the multi-let Fleming Business Centre, located in the heart of Manor Royal, Crawley, to the south of Gatwick Airport.  The freehold site (4.5 acres) was acquired from Lothbury Investment Management for £22.4m at a yield of 4.2%. This latest acquisition […]

Posted by: Nathan Spencer

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Albion Land submits plans for business park expansion

More high-value jobs could be coming to Bicester as plans for the third and final phase of the Axis J9 business park on Middleton Stoney Road are submitted to Cherwell District Council. Albion Land, the developers of Axis J9, are specifically aiming to provide space for dynamic young businesses who want to be in Bicester […]

Posted by: Nathan Spencer

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Amazon Property launches £250m real estate fund covering multiple sectors

Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors.  Amazon Property built its strong brand […]

Posted by: Nathan Spencer

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Angle Property announces acquisition of 1.5-acre office site

Angle Property is pleased to announce it has completed the purchase of RSA House on Western Road in Bracknell from RSA Security UK Limited. The 35,000 sq ft vacant office built in 2000 occupies a prominent 1.5-acre site at the entrance to the established Western Industrial Area and provides an opportunity for re-letting, conversion or […]

Posted by: Nathan Spencer

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Apollo strengthens presence in Europe with new, expanded London office

Apollo (NYSE: APO) today announced the opening of a new office in London, United Kingdom, strengthening its presence in Europe and building on the firm’s successful track record in the region. The transition to a single, modern space in London reflects Apollo’s desire to offer a best-in-class workplace for its teams and expand its offering […]

Posted by: Mya Driver

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Art-Invest Real Estate secures planning for Canada Water Dockside

Art-Invest Real Estate (Art-Invest) is pleased to announce that Southwark Borough Council has resolved to grant outline planning consent for the development of Canada Water Dockside, an office-led scheme in Canada Water. Canada Water Dockside, which marks Art-Invest’s largest investment in London to date, is a 4.5-acre site adjacent to British Land’s Canada Water masterplan […]

Posted by: Nathan Spencer

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Ashby and U+I push ahead with finishing Future Works complex

AshbyCapital and U+I have received planning consent for their extended 260,000 sqft office venture in Slough. The two office blocks will complete the campus with the companies having already collaborated on ‘No 2 The Future Works’, which recently became the first building in the UK to receive a Platinum AirScore for its indoor air quality. […]

Posted by: Mark Flanagan

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