All articles by Simon Creasey – Page 5
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Ekistics buys mixed-use central London scheme for £118m
Real estate investment advisor Ekistics Property Advisors has acquired the long leasehold of 19-20 St James’s Street, in central London, from WELPUT for £118m.
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Details of ‘world-class’ surf lagoon revealed
The £35m surf wellness resort would be located at Betteshanger Country Park.
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McLaren takes Leeds space for first office outside London
McLaren Property has signed for office space in Leeds at Clockwork Leeds on Greek Street, for the developer’s first office outside of London.
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IPSX appoints director in capital markets team
IPSX Group has appointed Richard Latter as a director in its capital markets team.
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Cubex appoints new development manager
South West-based property developer Cubex Land has appointed Tom Lewis as development manager.
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Citra makes three senior management hires
Citra Living has added three new senior managers to its management team.
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Crest Nicholson seals deal for plots with £725m GDV
Crest Nicholson has acquired more than 2,200 plots in five acquisitions with a total GDV in excess of £725m, as part of its plans to complete more than 3,000 new homes annually by 2024.
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Savills recruits new central London leasing team director
Catherine Owen has joined Savills’ central London leasing team as a director.
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Watkin Jones completes £47m Edinburgh deal with Vita Group
Watkin Jones has completed a £47m forward-funding deal with Vita Group for a 285-unit mixed BTR, PBSA and affordable development in Edinburgh.
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SEGRO snaps up Slough office portfolio for £425m
SEGRO has acquired a portfolio of offices on the Bath Road, Slough, from clients of AEW for £425m, which it intends to redevelop into data centre, life science and creative industries space.
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Citra Living acquires 150 new homes in Bristol
Citra Living has acquired 150 freehold properties to be built at the 2,000-home Ladden Garden Village development in Bristol as part of the strategic partnership it forged with Barratt Developments in July this year.
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Trammell Crow submits plans for Sheffield logistics facility
Trammell Crow Company (TCC) has submitted a planning application to Sheffield City Council to develop the former Betafence site at Shepcote Lane in Sheffield, which closed to manufacturing in November 2018.
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Countryside partners with Homes England on Harrogate resi scheme
Countryside has partnered with Homes England to deliver up to 200 homes on the site of a former police training centre just off Yew Tree Lane in Harrogate.
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EQT Exeter closes €3bn logistics portfolio sales
EQT Exeter has closed a €3bn (£2.6bn), 2.2m sq m logistics portfolio sale to an unnamed buyer on behalf of its private real estate fund EQT Exeter European Value Venture III
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Countryside and Bellway complete Salford golf club purchase
Countryside and Bellway Homes have completed the purchase of Brackley Golf Course in Little Hulton, Salford, for an undisclosed price.
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Taylor Wimpey removes ‘unfair’ ground rent terms for leaseholders
Taylor Wimpey has voluntarily given formal commitments to the Competition and Markets Authority (CMA) to remove terms from leasehold contracts that cause ground rents to double in price every 10 years.
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Blackstone snaps up €520m pan-European logistics portfolio
Macquarie Capital Principal Finance and Singaporean real estate fund Elite Partners Capital have sold their pan-European logistics portfolio Elite Logistics Fund I to Blackstone European Property Income Fund for €520m (£443m).
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Ediston Property Investment Company posts strong annual return
London-listed REIT Ediston Property Investment Company has delivered a 9.6% NAV total return for the full year to 30 September 2021. The return was driven by the company’s high weighting to retail warehouses, with NAV per share increasing by 4.2% over the period.
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New investment vehicle acquires 6,300ha for peatland restoration scheme
Aviva Investors and Scottish-based forestry investment fund manager Par Equity have established an investment vehicle to deliver a woodland creation and peatland restoration scheme in the north-east of Scotland that aims to capture more than 1.4m tonnes of carbon.
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Decision on future of Grenfell Tower delayed
The government has announced it is delaying a decision on the future of Grenfell Tower, which was destroyed by a fire that killed 72 people in June 2017.