All South West articles – Page 4
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NewsPGIM 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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Online
Lime buys Bath student digs
Aviva Investors has completed the purchase of a purpose-built student accommodation in Bath on behalf of the Lime Property Fund.
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News
La Francaise snaps up prime Bristol office buildings
La Francaise Real Estate Manager has purchased the redeveloped Gilbert House and 41 Corn Street office buildings in Bristol city centre for £20.65m, reflecting a net initial yield of 5.75%.
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News
Picton buys another Gloucester multi-let industrial asset
Picton has completed the off-market acquisition of the Mill Place Trading Estate in Gloucester from Robert Hitchins for £10.4m, reflecting a net initial yield of 6.1%.
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News
Engineering company takes first floor at Bristol EQ development
Global engineering and consultancy firm Arup has confirmed it will take the second floor at CEG’s EQ development in Bristol.
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News
The University of Bristol takes 74,000 sq ft space at Temple Quay
The University of Bristol has taken on a 17-year lease on 74,000 sq ft of space at 1 Trinity Quay in the city’s business quarter of Temple Quay.
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News
Cornwall Council buys modular homes from The Hill Group
Cornwall Council has signed a deal with The Hill Group to purchase SoloHaus modular homes to help tackle homelessness.
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Online
Orchard Street completes £30m acquisition of Bristol industrial estate
Orchard Street Investment Management has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol, for £30m.
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News
Hayfield to deliver £21m ‘green’ development
Hayfield has acquired an eight-acre site in the Wiltshire village of West Lavington with plans to deliver a “green development” with a GDV of £21m.
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News
St Modwen signs 475,000 sq ft of warehouse space in South West
St Modwen Logistics has signed four deals for a total of 475,000 sq ft of logistics space in the South West.
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News
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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News
RVG to develop retirement community in Tunbridge Wells
Retirement Villages Group (RVG), owned by AXA IM Real Assets, has acquired a 1.5-acre site in the centre of Tunbridge Wells, on which it intends to develop a new integrated retirement community.
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News
Redevco snaps up Templars Square in Oxford
Real estate investment manager Redevco has acquired Templars Square in Oxford for £38.8m (€42.5m) from NewRiver.
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News
Circle Property offloads London and Bristol offices for £27m
Circle Property has sold an office in Bristol and one in London for a combined £27m.
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News
Canada Life to forward fund Turnstone Estates’ Colchester leisure scheme
Canada Life has agreed to forward fund Turnstone Estates £65m leisure development in Colchester’s Northern Gateway.
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News
Royal Ashton Hotel changes hands
The Royal Ashton Hotel in Taunton has been sold to hospitality management operator HOST RHM.
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News
Fiera and Cubex purchase 12-acre site to develop £25m grade-A logistics scheme
Fiera Real Estate and Cubex have acquired a 12-acre greenfield site adjacent to the M5 with a GDV of £25m.
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Markets
Office take-up soars in Bristol
Occupier demand is rising as lack of new space threatens to drive up rents.
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News
Bristol makes ‘compelling case’ for BTR investors, says BNP Paribas
There are currently 800 completed build to rent (BTR) units in Bristol and a further 2,000 in the pipeline, analysis by BNP Paribas Real Estate reveals.
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News
United Trust Bank backs Acorn’s Cornish resi scheme
United Trust Bank (UTB) is funding the £28.9m redevelopment of a north Cornwall former hotel site on behalf of Acorn Property Group.
