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Watkin Jones sells 819 bed PBSA scheme in Bristol to KKR

Watkin Jones has exchanged contracts with funds managed by KKR, a leading global investment firm, to forward fund an 819-bed purpose-built student housing (PBSA) scheme in Dalby Avenue located in Bedminster, Bristol.
Friday, 26. May 2023

UKCM sells Wembley logistics asset to the LDS Church for £74m

UK Commercial Property REIT Limited has sold its 186,455 sq ft Wembley180 logistics asset in London to Covent Garden IP Limited (CG), a registered charitable company. UKCM will get a consideration of £74 million, which reflects a net initial yield of 3.49% and is broadly in line with the 31 March 2023 valuation.
Friday, 26. May 2023

Topping out ceremony at Pocket Living scheme

The Deputy Leader of the London Borough of Waltham Forest, Cllr Ahsan Khan, has celebrated the ‘topping out’ of Pocket Living’s Forest Road development, which will deliver 90 new affordable homes.
Wednesday, 24. May 2023

Valor agrees 57,000 sq ft urban logistics letting in Birmingham

Valor Real Estate Partners has completed a 57,000 sq ft pre-let to Specialist Computer Centres (“SCC”) at Oscar House, in Birmingham. Having acquired the urban logistics property in 2021 , Valor subsequently undertook a significant capex programme, which included a 6,000 sq ft extension and a number of sustainability initiati...
Tuesday, 23. May 2023

Tungsten completes final phase of £70m Witney industrial development

Tungsten Properties has practically completed the final phase of its £70 million, 14-unit scheme which totalled 470,000 sq ft (43,664 m²) of new industrial space at Tungsten Park Witney in Oxfordshire all of which has been fully let or sold to 13 different businesses.
Tuesday, 23. May 2023

Glasgow’s £500 million Buchanan Wharf reaches completion

The final building phase at Drum Property Group’s £500 million regeneration of Buchanan Wharf on Glasgow’s Clydeside has reached practical completion with the successful delivery of the new office headquarters for the Students Loans Company (SLC).
Tuesday, 23. May 2023

Ashley Centre kicks off summer with signing of Deichmann

CBRE Investment Management (CBRE IM) has announced Deichmann, the largest footwear retailer in Europe, has signed at the Ashley Centre in Epsom, as the destination continues to evolve its retail mix following significant investment from the landlord.
Tuesday, 23. May 2023

M7 signs two office lettings in Belfast

M7 Real Estate has signed two new lettings totalling 11,152 sq ft at 20 Adelaide Street, its Grade A office redevelopment in Belfast city centre’s Linen Quarter.
Friday, 19. May 2023

Staycity announces £40m investment in Stratford aparthotel

European aparthotel operator Staycity Group, through its associated development arm, has acquired a 0.06 hectare site in Stratford, East London, for the development of a 240-apartment Staycity Aparthotel property due to open in the second half of 2026.
Friday, 19. May 2023

Sustainable expansion of Edinburgh planned

West Town Edinburgh Ltd, the development consortium which owns more than 200 acres of prime development land to the west of Edinburgh, has agreed a joint approach with the City of Edinburgh Council to deliver a major new ’20-minute neighbourhood’ for the city. Both parties have agreed a ‘Memorandum of Understanding’ which set...
Friday, 19. May 2023