Lothian Pension Fund snaps up Edinburgh Premier Inn-anchored asset
Lothian Pension Fund has acquired the Edinburgh Hub by Premier Inn hotel and five retail and leisure units from Oval Real Estate for £23.4m, reflecting a net initial yield of…
HUB gains consent for mixed-use Elephant and Castle scheme
HUB has secured planning approval from Southwark Council for its 1.2-acre mixed-use development at Elephant and Castle in south London, including 695 co-living homes. The plans also include affordable homes…
ME Asset Management launches platform targeting assets affected by building safety challenges
ME Asset Management has launched a specialist investment platform targeting assets affected by building safety and remediation challenges. Verender Badial, ME Asset Management The platform will combine capital with in-house…
Colliers appoints Dobson to launch portfolio and regional capital markets platform
Colliers has appointed Andrew Dobson to create a new portfolio and regional capital markets team. Andrew Dobson and John Munday Dobson joins from BCM Real Estate, where he has been…
Government rejects Wiltshire’s 37,000-home local plan
Wiltshire Council’s 2020-38 local plan, which included the delivery of 37,000 homes, has been rejected by planning inspectors appointed by the government. In a letter sent to Wiltshire Council at…
Manse and J Smart & Co team up for 200,000 sq ft Scottish I&L scheme
Developer Manse and contractor J Smart & Co have formed a joint venture (JV) to deliver more than 200,000 sq ft of industrial and logistics (I&L) space at Eurocentral business…
Supermarket Income REIT increases loan for Blue Owl JV to £437m
Supermarket Income REIT (SUPR) has increased its secured term loan for its joint venture (JV) with Blue Owl Capital by £222m to £437m. The FTSE 250-listed grocery real estate investment…
Currys triples workspace at WeWork’s flagship Waterloo site
Electronics retailer Currys is tripling the size of its headquarters at WeWork's flagship 10 York Road offices in London's Waterloo. 10 York Road is WeWork’s flagship EMEA location, spanning 280,000…
Kingston council rejects Berkeley’s 586-home scheme
The Royal Borough of Kingston upon Thames has rejected Berkeley Group’s 586-home residential scheme despite it being recommended for approval by the planning inspector. The scheme would have involved the…
SEGRO gets green light for £1bn west London data centre
SEGRO has secured planning permission for a £1bn data centre in Park Royal, west London. CGI of SEGRO and Pure DC’s Park Royal £1bn data centre plans. The 56-megawatt facility…