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» Chronological View: " UK " «

Meyer Bergman's third European Retail Real Estate Fund closes its capital-raising

Meyer Bergman has secured €816 million of equity commitments from international institutional investors for its third fund and associated co-investment vehicles at the final close of capital-raising. Meyer Bergman European Retail Partners III (MBERP III) held its final close with commitments from 15 international pension fund...
Monday, 15. January 2018
Frasers Property UK appoints Ilaria del Beato as CEO

Frasers Property UK appoints Ilaria del Beato as CEO

Frasers Property UK has appointed Ilaria del Beato as its Chief Executive Officer. Del Beato brings with her nearly 30 years of real estate and finance experience, most recently as CEO of GE Capital UK. Ms del Beato has deep connections within the United Kingdom's property and capital markets and a proven track record in buil...
Monday, 15. January 2018
£28 million Gilder's Yard development gets underway

£28 million Gilder's Yard development gets underway

Work has started on site to deliver a £28 million (c. €31.5 million) build-to-rent scheme which will create 156 new homes in Birmingham's Jewellery Quarter. The beginning of construction work on the site in Great Hampton Street follows a deal which saw Grainger, agree to forward fund and acquire the private rented sector (PRS...
Monday, 15. January 2018
Cushman & Wakefield establishes Capital Allowances Team

Cushman & Wakefield establishes Capital Allowances Team

Two new partners have joined Cushman & Wakefield to establish a specialist Capital Allowances service line in London. Jeanette Edmiston and Patrick Knight join from Wandsworth Consulting which they established in 2014 after working with capital allowances providers for many years. Capital allowances are a very valuable means ...
Monday, 15. January 2018

Panther Warehousing takes 35,000 sq ft Bracknell Warehouse

Panther Warehousing has signed a new ten-year lease for Unit 1, Eastern Road in Bracknell. Close to the A329 trunk road in the east of the town, Unit 1 offers 31,048 sq ft of modern industrial space and 3,772 sq ft of office space.
Friday, 12. January 2018

Spaces opens facility in Birmingham

Spaces will be opening a work hub in Birmingham. The workspace will occupy all 7,523 sq m of The Crossway on Great Charles Street. Spaces provides a productive working environment which allows its users to integrate work into their lifestyle. The new Birmingham hub will not just offer co-working opportunities, but will provid...
Friday, 12. January 2018

Rob Watts joins Avison Young in Coventry

Robert Rae, Avison Young Principal and Managing Director of the company’s Coventry/Midlands, U.K. office, announced today that industrial property development, sales and leasing specialist Rob Watts has joined Avison Young.
Thursday, 11. January 2018
Topping out ceremony at Dominvs Group's latest hotel development

Topping out ceremony at Dominvs Group's latest hotel development

Dominvs Group has marked a key construction milestone at its latest hotel project, The Dixon, with a topping out ceremony. The event, which was held on site with the main contractor McAleer & Rushe alongside key contractors and suppliers, signifies the hotel has now reached its maximum height and that the structural framework...
Thursday, 11. January 2018
Miller Homes signs deal for new regional HQ at Brook Court in Worcester

Miller Homes signs deal for new regional HQ at Brook Court in Worcester

Miller Homes is set to open a new Midlands regional office at Brook Court on the Whittington Park office development in Worcester following a deal brokered by Bruton Knowles. Said to be one of the most significant office lettings for the City, Brook Court is situated on the outskirts of the City is set in attractive landscape...
Thursday, 11. January 2018

Peel Logistics Property lets further space at Island Road

Peel Logistics Property, together with Rockspring Property Investment Managers LLP as funding partners, has let of a 56,000 sq ft unit for a 10 year term to Universal Electrical Corporation (UEC) at its Island Road urban logistics development in Reading. UEC is an industry leader in systems solutions for power distribution an...
Thursday, 11. January 2018
Evans Randall Investors completes £40m Glasshouse Yard purchase

Evans Randall Investors completes £40m Glasshouse Yard purchase

The private equity real estate company Evans Randall Investors has completed the purchase of Glasshouse Yard at 26-28 Glasshouse Yard, London, EC1, from client Michael Elliott. Evans Randall Investors moved very quickly to secure the transaction and exchanged on the purchase in ten days, with completion shortly after.
Thursday, 11. January 2018

LondonMetric Property sells B&Q retail store for £12 million

LondonMetric Propertyt in a joint venture with Universities Superannuation Scheme Ltd (the Metric Income Plus Limited Partnership) has sold a B&Q warehouse in Hull for £11.6 million (c. €13.1 million)(LondonMetric share: £5.8 million or c. €6.6 million), reflecting a blended NIY of 6.0%. MIPP was advised by Knight Frank.
Wednesday, 10. January 2018

A Better Choice for Property acquires Victoria Crescent

With recent substantial funding contributions to enable the construction of the Elwick Place cinema and restaurant complex in the town centre and the opening of Ashford College, the innovative property company of Ashford Borough Council ‘A Better Choice for Property’ continues to expand since it established in 2014. Now the c...
Wednesday, 10. January 2018

Legal & General buys Stafford retail investment for UK PIF II

LGIM Real Assets, on behalf of its second UK Property Income Fund (UK PIF II), has exchanged contracts to acquire Riverside Retail Park in Stafford from LXB Retail Properties for a total consideration of £36.8m (c. €41.6m), reflecting a net initial yield of 6.8%. This acquisition marks the final acquisition for UK PIF II.
Wednesday, 10. January 2018

Future Generation secures £35m student accomodation funding from Maslow Capital

Student accommodation provider, Future Generation, has secured a £35m (c. €39.6m) development finance deal with Maslow Capital to deliver schemes in Sheffield and Colchester. The new schemes will offer 569 beds between them and will open in time for the 2019 academic year. Steel City in Sheffield has planning permission for 3...
Wednesday, 10. January 2018

Tritax Big Box acquires a national distribution facility in Cannock

Tritax Big Box REIT plc has acquired a national distribution facility at Hickling Road in Cannock, Staffordshire, which is operated and let to Unilever UK Ltd. The total consideration is £44.25 million (c. €50 million) (excluding purchaser's costs).
Tuesday, 9. January 2018