‘Model’ for post-Covid town centre development set for launch May 6, 2021 A mixed-use development in the Midlands is being hailed as a model for the post-COVID revival of the UK’s town centres. The Beeston Square development in Nottinghamshire, masterplanned and designed by Leonard Design Architects, will see its first phase go live next month – opening the first brand new cinema and town square complex after […] Posted by: Nathan Spencer Read more
‘The time is right for something different’ Mar 18, 2021 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 Read more
British Land Announces Potential £750m Sale of Iconic Meadowhall Centre Sep 19, 2023 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 Read more
Realty Seals £200.8m Agreement for 11 UK Retail Parks Sep 19, 2023 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 Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 11, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Nathan Spencer Read more
£200M Bristol ‘Sporting Quarter’ and new housing to get greenlight Sep 29, 2022 Proposals to build a 3,600-seater sports arena and convention centre next to Ashton Gate Stadium, along with 510 new homes nearby, look likely to get the greenlight next week after receiving the backing of Mayor Marvin Rees and city council planners. The £200 million Ashton Gate Sporting Quarter will consist of a sports and convention […] Posted by: Nathan Spencer Read more
£350m Blackpool Talbot Gateway regeneration progresses with release of new retail units Jul 10, 2023 Over 5,000 sq ft of retail space has been released as part of Blackpool Council’s £350m Talbot Gateway development. The units sit at the ground level of the 144-bedroom Holiday Inn hotel and surround the new tram terminal. The development includes a new underpass connecting passengers from Blackpool North train station with the new tramway […] Posted by: Mya Driver Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Nathan Spencer Read more
Acquisition of a Tesco in Worcester for £38.3 million Apr 24, 2023 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces the acquisition of a Tesco omnichannel supermarket in Worcester, for a total purchase price of £38.3 million (excluding acquisition costs), reflecting a net initial yield of 6.0%. Tesco has been operating at […] Posted by: Mya Driver Read more
ADG submits plans for Peterlee retail centre Jan 4, 2023 Yorkshire-based Almscliffe-Dhesi Group (ADG) has submitted plans to Durham County Council for a new centre on the former Vauxhall Car dealership site off Passfield Way, in a move it says would create up to 100 full and part-time jobs. High-profile tenants already signed up for the 13,027sqft sq ft development include national retailers Sainsbury’s, Tanning […] Posted by: Nathan Spencer Read more
Adhan Group acquires Blackburn retail asset in £38m deal May 26, 2022 Capital & Regional, the UK convenience and community focused shopping centre REIT has exchanged contracts for the sale of The Mall, Blackburn to the retail arm of the Adhan Group of Companies for £40 million in cash. This represents a premium to the December 2021 valuation of £38.2 million. Completion of the sale, which is subject […] Posted by: Nathan Spencer Read more
Admiral Taverns picks up NewRiver’s pubs in £222m deal Jul 28, 2021 Retail and leisure property investor NewRiver is selling its Hawthorn Leisure community pub business to pub company Admiral Taverns for approximately £222.3m. Admiral boss Chris Jowsey said it was an “exciting” time for the pub brand, despite hospitality’s struggles during the Covid-19 pandemic. The portfolio comprises 674 leased, tenanted and operator-managed community pubs across England, […] Posted by: Nathan Spencer Read more
