All East of England articles
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NewsLife Science REIT draws down £37m to develop Cambridge and London assets
Life Science REIT has drawn down £37.2m from its £150m debt facility with HSBC to fund the development of sites in Cambridge and London.
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First specialist family rental housing site gets greenlight in Cambridge
Investment manager Apache Capital Partners has gained planning approval to develop in Cambridge what it claims is the UK’s first ever purpose-built, single-family rental housing scheme.
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Socius and Railpen gain consent for Cambridge mixed-use scheme
Railways pension scheme investor Railpen and developer Socius have received planning approval from Cambridge City Council for Devonshire Gardens, a £165m sustainable scheme in the centre of Cambridge.
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Tibbalds CampbellReith JV appointed to unlock Homes England Bedfordshire site
Homes England has appointed the Tibbalds CampbellReith JV to lead the development of its Houghton Regis housing project on the edge of Luton.
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LendInvest backs Cambridge office project with £17m loan
LendInvest has provided a £17m development loan to finance a 30,000 sq ft office scheme in Cambridge, Property Week can reveal.
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Blackstone and Hudson Pacific get green light for studio facility in the UK
Blackstone and Hudson Pacific Properties have received a positive resolution from the planning committee to develop Sunset Waltham Cross Studios, a major new studio facility for feature films, high-end television and digital production in Broxbourne, Hertfordshire.
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Trebor mints £150m deal with Crown Packaging for Peterborough site
US packaging supplier Crown Packaging has acquired a 625,000 sq ft site from commercial developer Trebor Developments to make beverage cans at Delta Park Peterborough.
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Vertical farming company takes 70,000 sq ft at Newmarket Business Park
UK-based vertical farming company OneFarm has taken 70,000 sq ft of space at Newmarket Business Park in Suffolk.
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Markets
Transport plans hit a road block
U-turns on road and rail projects in the region are stalling development.
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Fortwell funds Jaynic’s latest Suffolk shed
Fortwell Capital has provided a £13.8m development loan to Jaynic for the construction of a new logistics unit at Suffolk Park, in Bury St Edmunds, Suffolk.
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PGIM snaps up care home portfolio from LGIM for £70m
PGIM has bought a portfolio of six care home assets from LGIM for £70.2m.
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ICG Real Estate buys Whirlpool’s Peterborough site for £54m
ICG Real Estate has acquired Whirlpool’s 78-acre UK headquarters site in Peterborough for £54m in a primary sale & leaseback transaction.
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Lovell Partnerships chosen for Suffolk County Council’s £700m resi joint venture
Suffolk County Council has agreed to join forces with Lovell Partnerships to form a property development alliance to build nearly 3,000 homes.
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Markets
Turnstone Estates eyes core sectors
Tim Deacon tells Property Week about the company’s plans for leisure, offices and strategic land.
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Rent collection in commercial property at highest level since pre-pandemic
Rent collection across the UK commercial property market has hit the highest level since pre-pandemic.
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Bellway selected to deliver Kennett Garden Village
The East Cambs Trading Company (ECTC) has selected Bellway Homes to deliver a 500-home scheme in Cambridgeshire.
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Panattoni leases 346,000 sq ft speculative warehouse in Luton to Ocado
Logistics real estate developer Panattoni has signed a lease with online grocer Ocado Retail for a 346,132 sq ft, speculatively developed logistics facility in Luton.
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Chancerygate and Bridges submit plans for Peterborough scheme
A joint venture between Chancerygate and Bridges Fund Management has submitted a planning application for a 200,000 sq ft roadside development in Peterborough, Cambridgeshire.
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Markets
The council housing challenge
Local authorities need to be more ambitious in their regeneration strategies. Kate Parker reports
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Mid Suffolk District Council set to approve 2.45m sq ft logistics park
Mid Suffolk District Council is set to grant planning consent for the 2.45m sq ft innovation, business and logistics Gateway 14 scheme in Stowmarket, adjacent to Junction 50 of the A14.
