All South East articles – Page 6
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Fears tenant Nationwide is ‘overrented’ lead AEW UK REIT to sell Portsmouth asset
AEW UK REIT has sold a high-street retail asset in Portsmouth because of fears the main tenant, Nationwide Building Society, is “significantly overrented”.
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Fareham Council buys shopping centre for £14.25m
Fareham Council has purchased Fareham Shopping Centre and several adjoining properties on West Street from Madone for £14.25m as it moves forward with regeneration of the Hampshire town.
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Planning permission secured for Gentian Hampshire logistics park
Developer Gentian has secured planning permission for a 50,000 sq ft urban logistics park just off the A3 at Petersfield, Hampshire.
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John Lewis planning £150m sale and leaseback of Waitrose stores
John Lewis Partnership (JLP) is reportedly planning to sell a dozen of its Waitrose stores in a sale-and-leaseback scheme aiming to raise an estimated £150m.
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Weston Homes acquires £150m GDV Berkshire resi site
Developer Weston Homes has acquired a site for a residential development in Bracknell, Berkshire with a gross development value of £150m from property company S2 Estates, for an undisclosed price.
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Really Local Group named anchor tenant for phase two of £68m Nuneaton regeneration
Nuneaton and Bedworth Borough Council has named developer Really Local Group as the anchor tenant for a 14,000 sq ft mixed-use town centre scheme in Nuneaton, Warwickshire.
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Oxford’s St Hilda’s College buys £12m city centre property
St Hilda’s College, part of Oxford University, has added to its property portfolio with the acquisition of 14-16 Norham Gardens for £12m, which will be used as student accommodation.
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NHS trust offers hospital development opportunity for £35m
West London NHS Trust has hoisted the ‘for-sale’ sign over the old Broadmoor Hospital, which has potential for redevelopment as a ‘working village’ under the area’s local plan.
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Phase two of £700m Oxford North life sciences district given green light
Phase two of the £700m Oxford North life sciences innovation district has been approved by Oxford City Council.
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Inspired Villages to develop 177-home Buckinghamshire later living scheme
Later living developer and operator Inspired Villages has exchanged contracts for a site at Farnham Royal, Buckinghamshire, where it plans to create 177 homes.
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Hill Group sells 111 affordable homes to Oxford City Council
Oxford City Council has acquired 111 affordable homes from housebuilder The Hill Group at the city’s northern Canalside development.
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Trammell Crow completes debut UK logistics development
Commercial real estate developer and investor Trammell Crow Company (TCC) has completed CORE Milton Keynes, its first UK logistics development.
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Westbrook buys Haslemere Industrial Estate from Barings for £12.75m
Real estate private equity investor Westbrook has acquired Haslemere Industrial Estate in Bishop’s Stortford, Hertfordshire from Barings for £12.75m.
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Government approves Essex garden village plans two years after council rejection
The government has given the go ahead for a scheme to build 1,200 homes as part of wider plans for a new 10,000-home garden village in Uttlesford, Essex, two years after it was rejected by Uttlesford District Council (UDC).
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BMW drives £600m investment for all-electric Oxford Mini factory
BMW has revealed plans to spend £600m on its Mini Cooper factory in Oxford to build the next generation of electric cars in the UK.
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Homes England seeks development partner for 860-home Hertfordshire scheme
Homes England is seeking a development partner for 860 homes on a 135-acre site at the former Panshanger Aerodrome in Hertfordshire.
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Dawson Group secures permission to rebuild Milton Keynes HQ
Asset management business Dawson Group has secured planning permission to rebuild its corporate headquarters in Tongwell, Milton Keynes.
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Woking council considers selling development site following bankruptcy
Woking Borough Council (WBC) is considering selling its 1,200-home Sheerwater regeneration scheme after effectively declaring bankruptcy in June.
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Lidl opens its largest-ever distribution centre in Luton
Budget supermarket giant Lidl has opened its largest-ever warehouse in Houghton Regis, Luton.
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London Square acquires £180m south London resi development site
Developer London Square has acquired a site in Crayford, south east London, to create a £180m development with 559 homes.