News
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Landsec files plans for next phase of £1.4bn Mayfield Park
Landsec has submitted a planning application for the first phase of homes at its £1.4bn Mayfield Park development in Manchester. The developer will bring forward 879 homes, designed by architects…
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Green light for more homes in Liverpool
Liverpool City Council has given the go-ahead for almost 400 homes across two schemes in the city centre. Carpenter Investments will deliver 297 flats at 1 Kings Dock Street. The…
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Lendlease gets nod for Birmingham Smithfield scheme
Lendlease has been granted planning permission for a mixed-use building at its Birmingham Smithfield scheme by the council planning committee. The building will overlook Manor Square and provide 408 build-to-rent…
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AEW UK REIT splashes £10m on Hertfordshire asset
AEW UK REIT has bought a high street retail asset in Hitchin, Hertfordshire, for £10m. The purchase price reflects a net initial yield of 8.3% and a capital value of…
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Solaris asked to rethink Leeds’ Castleton Works revamp
Solaris Real Estate’s proposals to transform a disused carpark into 386 build-to-rent homes at Castleton Works in Leeds have been deferred by the city planning panel. It has been asked…
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Thumbs up for first flats at Leeds’ Aire Park
Vastint has received planning permission for the first homes within its Aire Park masterplan in the heart of Leeds South Bank. The proposals include the development of 418 build-to-rent homes…
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Life Science REIT weighs sale or wind down
Life Science REIT has launched a strategic review that could see it sold or wound down, with several buyers already showing interest in buying the company. The company said in…
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Target Healthcare eyes disposals to stay on the ‘front foot’
Target Healthcare REIT is considering disposals to free up capital for a fresh acquisition drive. The company, which invests in purpose-built care homes, has today published results for the six…
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Embracing change and creating spaces that work
COMMENT The gulf between high-quality, grade-A offices – whether newly built or thoughtfully retrofitted – and older, outdated workspaces is becoming increasingly pronounced. We’re seeing a growing rental divide, with…
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Trainline sets course for Ivanhoé and Co-Re’s Stonecutter Court
Travel company Trainline has secured a lease for its new HQ at Ivanhoé Cambridge and Co-Re’s Stonecutter Court at 1 Stonecutter Street, EC4. The deal, which Estates Gazette revealed was in the works last year,…
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Elite REIT embarks on PBSA journey with pair of schemes
Singapore-listed Elite UK REIT is planning on entering the UK student accommodation sector with its first two assets in Scotland and Wales. In November last year, the REIT announced a…
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Lateral and HIG gets green light for Cavell Street labs
Lateral and HIG have secured planning permission from Tower Hamlets Council for the redevelopment of 100-136 Cavell Street, E1. The developer acquired the site in March 2022 in an off-market…