All East of England articles
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NewsDemand for ‘golden triangle’ lab space spurs spike in transactions
Rising demand for lab space in the ‘golden triangle’, the area spanning London, Oxford and Cambridge, saw a spike in transactions in Q1 2023, according to Cushman & Wakefield.
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‘Golden Triangle’ life sciences Q1 property investment hits £500m record, says Knight Frank
Life sciences real estate investment within the ‘Golden Triangle’, the area spanning London, Oxford and Cambridge, reached £496m in the first quarter of 2023, according to Knight Frank.
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East of England has UK’s highest commercial demand level
The east of England is the UK’s most in-demand region for commercial property both to purchase and rent, according to Sirius Property Finance research.
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Abstract gains consent for 140,000 sq ft Cambridge life sciences facility
Investor Abstract Securities has received detailed planning consent to build 140,000 sq ft of laboratory space in Cambridge with scope to increase the development by a further 40,000 sq ft.
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Rangeford gets nod for Cambridge retirement village
South Cambridgeshire District Council has given a resolution to grant planning permission to later-living specialist Rangeford Villages’ proposed retirement village in Stapleford, greater Cambridge.
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Jaynic gains consent for Bury St Edmunds sheds
West Suffolk Council has granted developer Jaynic Property Group consent to build two warehouses totalling 205,000 sq ft at Suffolk Park in Bury St Edmunds.
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Insight
Can counties build on property powers in devolution deals?
Deals are seen as positive for Cornwall, Suffolk and Norfolk, but some say they fail to address planning issues.
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Norfolk and Suffolk to gain greater building powers in £1bn devolution deal
The counties of Norfolk and Suffolk will gain the right to set building policy in a devolution deal revealed by the Department of Levelling Up, Housing and Communities (DLUHC).
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Insight
Cambridge’s new course
An ambitious scheme in north-east Cambridge will convert a wastewater treatment plant into a new 5,600-home development. Andy Hillier reports.
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Urban Logistics signs up 2Excel for 56,000 sq ft Peterborough shed
Last mile-focused specialist Urban Logistics REIT has let a 56,385 sq ft warehouse unit in Peterborough for 15 years to logistics and road haulage group 2Excel Logistics.
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Aviva Investors invests £80m in social housing provider CKH
Aviva Investors, the global asset manager of insurance giant Aviva, has undertaken an £80m placement in Cross Keys Homes (CKH), a social housing association based in Peterborough.
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Greene King slakes thirst for warehouse space at Jaynic’s Suffolk Park
Developer Jaynic has let a 161,344 sq ft warehouse at Suffolk Park in Bury St Edmunds to pub giant Greene King, Property Week can reveal.
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£5.95m London terrace leads the line-up at next Savills sale
The lot is one of 219 listed in the catalogue for Savills’ next auction, which will be its largest in five years
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Cambridge scheme highlights strong pulse for life sciences
Mission Street and BentallGreenOak’s plan for new science district joins wave of development in the sector
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Oxford and Cambridge drive South East office take-up, says Knight Frank
Continued interest in Oxford and Cambridge supported third-quarter South East office market investment that was 15% above the long-term Q3 average volume, said Knight Frank.
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The Range spends £200m on 1.2m sq ft Stowmarket warehouse site
Retail giant The Range is paying at least £200m to acquire the freehold of a 1.2m sq ft warehouse being developed at the Gateway 14 scheme in Stowmarket, owned by Mid Suffolk District Council.
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Mission Street and BentallGreenOak JV to create Cambridge science district
A joint venture between Mission Street and BentallGreenOak (BGO) is set to create a 23-acre science district at Coldham’s Lane in Cambridge
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Richborough Estates appoints Christmas as regional director
Anabel Christmas has joined Richborough Estates as director of its eastern region.
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Railpen buys 309,000 sq ft Cambridge office site
Railpen, the investment manager for several pension schemes, has acquired a 309,000 sq ft office development in central Cambridge from private group Pace Investment for an undisclosed sum.
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Life 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.
