Placefirst secures £31.3m GMPF loan for BTR projects in Bolton and Halifax
UK developer Placefirst has secured a £31.3m loan from Greater Manchester Pension Fund (GMPF) for the delivery of two Build to Rent (BTR) schemes...
CTP buys 140,000 sqm land plot to expand Gdańsk Port logistics park
CTP has acquired a 140,000 sqm plot of land located within the Pomeranian Investment Centre (PCI), an industrial park located in the vicinity of the...
Home REIT offloads 101 properties for £18.5m
Home REIT has sold a further 101 properties for £18.5m, representing 6.6% of the company's portfolio by value (based on JLL's August 2023 draft valuation).
The gross...
FEC, Trafford Council and GMCA to develop 750 homes in Stretford
FEC (Far East Consortium), Trafford Council and the Greater Manchester Combined Authority (GMCA) has signed a new joint venture agreement to enable the development of around 750 new...
European hotel transactions hit five-year peak in H1 2024
New data from Cushman & Wakefield reveals that European hotel transactions surged to a five-year high in the first half of 2024.
Transactions in...
Sainsbury’s buys 10 Homebase stores for supermarket conversion
Sainsbury’s has agreed to acquire 10 leasehold properties from HHGL Limited, which operates under the Homebase brand.
These locations will be repurposed into Sainsbury’s...
Anchor secures £85m funding from L&G for affordable energy-efficient homes
Legal & General (L&G), L&G’s Asset Management division, has provided £85 million in funding to Anchor, which will use the investment primarily to develop...
Indurent wins planning consent for logistics development in Lichfield
Indurent has secured planning consent for a new 432,000 sq ft industrial and logistics development, which will be known as Indurent Park Lichfield.
Indurent launched...
LaSalle buys central London hotel for £56m
LaSalle Investment Management has bought a central London hotel from abrdn for £56 million on behalf of a UK Custom Account client.
The modern, 291-bedroom...
Patrizia secures €200m for smart city infrastructure fund
Patrizia has secured a further €200 million for its flagship Smart City Infrastructure Fund (SCIF), taking the total fund commitment to €950 million.
Taking...
Pandox snaps up three aparthotels in central London
Sweden-based hotel property company Pandox AB has acquired three aparthotels in central London for approximately £230m.
The sellers are controlled affiliates of Starwood Capital.
Initially,...
Henry Boot to develop 75,000 sq ft of industrial space in Southend
Henry Boot’s property investment and development arm HBD has completed a £15m GDV industrial & logistics (I&L) unit at Airport Business Park Southend (ABPS).
In...
