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UK

Dominus and Cheyne partner up for 65 Fleet Street

Dominus and Cheyne Capital Management have acquired 65 Fleet Street in a joint venture. This acquisition follows on from Dominus and Cheyne Capital having completed two development financing transactions in 2023. The partners have ambitious plans for the site to introduce a mix of uses that will add to the life and dynamism o...
Thursday, 25. April 2024

Brightbay strengthens senior team

Brightbay Real Estate Partners has appointed George Jerram as a Director of Asset Management and promoted a further three colleagues to Director to strengthen its senior management team and support its growth strategy.
Thursday, 25. April 2024

Topland reaches full occupancy for Bristol city centre office

33 Bristol, the Topland-owned Bristol city centre office space, is now fully occupied after engineering and environmental consultants, Rappor, completed the letting of its ground floor suite. The investment group acquired the office facility in 2019 before investing £1 million in an extensive refurbishment to attract business...
Thursday, 25. April 2024

Marstead Living secures £260m debt finance from Federated Hermes

Marstead Living has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering retirement village valued at over £260 million.
Thursday, 25. April 2024

Investec provides Hines with financing for West Midlands industrial portfolio

Investec Real Estate has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,00...
Thursday, 25. April 2024

Golden Triangle life sciences take-up increases 25% year-on-year

Life sciences take-up in the UK’s ‘Golden Triangle’ of London, Oxford and Cambridge was c.186,000 sq ft in the first quarter of 2024, according to Knight Frank, up 25% year-on-year as the sector continues to mature and the UK’s appeal as a hub for life sciences and innovation, start-up activity and talent quality transforms t...
Thursday, 25. April 2024

Sandyford lets three units in Deeside Industrial Park to Astra

Sandyford Properties has let three vacant units at Deeside Industrial Park, near Chester, just six months after buying them. The properties, totalling 70,000 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired in September 2023 from the former owner of DRB Group.
Wednesday, 24. April 2024

Allsop sees signs of growing confidence in market

Allsop has raised £43 million through the sale of 146 lots at its April residential auction, representing a success rate of 90%, as the firm sees appetite for income-producing and value-add opportunities demonstrate growing confidence in the property market.
Wednesday, 24. April 2024

Cole Waterhouse acquires former Hilti HQ in Trafford

Cole Waterhouse has exchanged on the acquisition of the former Hilti headquarters in Trafford, with plans to bring forward a new mixed-use, residential-led development on the site. The plot, which currently includes a 31,000 sq. ft. office building previously occupied by the manufacturer, is located within the 215-acre Traffo...
Wednesday, 24. April 2024

Scottish National Investment Bank invests £20m to ease housing crisis

The Scottish National Investment Bank has committed a further £20 million to the Mid-Market Rent („MMR“) strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank's follow-on investment will support the development of up to 100 new homes and takes its total investment in the...
Tuesday, 23. April 2024

Work starts on Salboy’s 26-storey Obsidian tower

Salboy Group, in partnership with construction firm Domis, has announced the launch of a new residential development in Manchester's Greengate district. The c. £84.5m project, named Obsidian, features a 26-storey tower which will house 250 residential units.
Tuesday, 23. April 2024