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UK

Investment in Oxford laboratory and office space could break record

UK Life Science investment funding reached nearly $5 billion in H1 2022, according to data from national property consultancy Carter Jonas, in its new Life Sciences Research Report - an update on the outlook for the life sciences sector across the UK and in the key markets of Oxford and Cambridge. In 2021, funding exceeded th...
Tuesday, 4. October 2022

Newcore Capital acquires £20 million of educational assets

Newcore Capital Management, the UK social infrastructure real estate investment manager, has acquired a further £20 million of educational assets for Newcore Strategic Situations V LP, its new £300 million value-add, social infrastructure fund.
Tuesday, 4. October 2022

Quilvest Capital Partners acquires multi-let industrial estate

Quilvest Capital Partners, working with operating partner Arax Properties Limited, announces that its dedicated real estate investment arm, QCP Real Estate, has acquired Falcon Works, a multi-let industrial estate in Loughborough.
Tuesday, 4. October 2022

TCC appoints additional development director in UK

Trammell Crow Company (TCC) has expanded its UK industrial and logistics team through the appointment of Jamie Hargreaves as its second development director in the country, reflecting the international firm’s appetite for acquiring new sites.
Friday, 30. September 2022

Investec lends £1 billion for student schemes

Investec Real Estate has committed over £1 billion of senior finance in the high growth UK purpose-built student accommodation (“PBSA”) sector. Since 2011, Investec has supported over 17 clients, including CA Ventures, Scape, Student Roost and Watkin Jones, with the delivery of 22,000 beds across 52 schemes in 23 cities.
Friday, 30. September 2022

Yourgene Health opens new global hub at Manchester Science Park

International molecular diagnostics group, Yourgene Health has significantly expanded its presence in Manchester after opening a new 43,000 sq ft global headquarters at Manchester Science Park - part of Bruntwood SciTech’s network of specialist science and technology campuses - in the heart of Manchester’s innovation district...
Friday, 30. September 2022

Salford National Grid site sold to Praedius for £6.25m

BNP Paribas Real Estate (BNPPRE) has completed the unconditional sale of a former Gas Holder site in Salford to brownfield development specialists Praedius, the development arm of Warrington-based European Metal Recycling, for £6.25m.
Friday, 30. September 2022

Evelyn Partners selects 177 Bothwell Street in Glasgow as new home

In its biggest commercial property deal since the onset of the Covid-19 pandemic, DM Hall has secured the lease of 30,000 square feet of offices at 177 Bothwell Street on behalf of wealth management and professional services group, Evelyn Partners.
Wednesday, 28. September 2022

Précis Capital expands credit team with two hires

Précis Capital Partners today announces the strengthening of its credit team through the appointments of Ben Lynch as Senior Director, Credit, and Benoit Fesquet as Associate Director. Both will report directly to David Jerrard, Précis Capital's Chief Credit Officer.
Tuesday, 27. September 2022

Glenbrook disposes of Preston retail park units for £3.6m

Glenbrook’s Investment team has completed the off-market disposal of Units 1 & 2 Mariners Way Retail Park in Preston to a US-based income fund for £3.62m reflecting a net initial yield (NIY) of 6.3%. The property was let to the strong covenants of Pets at Home and Halfords, producing an annual rent of £244,124.
Tuesday, 27. September 2022

Fourth Inditex brand opens at Liverpool One

Last week, Grosvenor has announced that international fashion brand, Stradivarius, has officially opened at Liverpool ONE, marking its city debut. The expansive 8,000 sq ft flagship store is the fourth Inditex-owned brand to open at Liverpool ONE and has launched on South John Street adjacent to Zara, Pull & Bear and Bershka.
Tuesday, 27. September 2022

Railpen adds Botanic Place asset to Oxford-Cambridge Arc portfolio

Railpen has purchased the 309,000 sq ft office development in the heart of Cambridge from Pace Investments. One of Cambridge’s prime developments, Botanic Place is positioned in a key strategic location, midway between the train station and the main area of the University. The development comprises Botanic House, completed ...
Tuesday, 27. September 2022

Legal & General to deliver Wolverhampton residential scheme

Legal & General Modular Homes has been selected by the City of Wolverhampton Council as its preferred developer from a strong field of contenders for one of the largest city centre residential development opportunities in the Midlands.
Tuesday, 27. September 2022