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Opus Land Waitrose site in Worcester due to complete soon
Opus Land and RG Group (as build contractor) are developing a 52,000 sq ft supermarket to be let to Waitrose for a 20 year term. Practical completion is anticipated on 15th April 2016 and following an extensive fit out the planned date for the store opening is 30th June 2016. Opus Land are an experienced developer […]
Amy Lee joins Danescroft Land
Danescroft Land Limited have appointed Amy Lee as Development manager. She will be responsible for the ongoing management of a range of complex residential and mixed use projects. Amy is a Chartered Town Planner and was previously employed by CBRE and WYG.
Palmer and Cubex sell Bristol office for £56m
Palmer Capital and Cubex Land have sold the 115,000 sq ft Bridgewater House office building in Bristol for £56m – achieving a yield of 5.35%. The sale, to a private foreign individual, comes after EDF signed a deal last year for 80,000 sq ft in the largest office letting deal in the City since 2008. […]
CBRE GIP and Palmer Capital Acquire the ’Aurora’ Office Development at Finzels Reach, Bristol
Palmer Capital Development Fund III (“PCDF III”), a CBRE Global Investment Partners’ (GIP) programmatic venture, has acquired the Aurora site at Finzels Reach and will fund the office development. PCDF III, which is managed by Palmer Capital and funded by clients of GIP, was launched in mid-2014 and has grown to over £200m of assets. […]
50% of Amersham Iceland to remain retail space, say developers
Plans to replace the popular discount supermarket with a restaurant were met with widespread criticism, and the developers have now announced that at least half of the ground floor will remain ‘retail space’. At least half of a popular discount supermarket will remain retail space after controversial plans to replace it with a restaurant were […]
Wrenbridge Sport going from strength to strength
Wrenbridge Sport was founded in 2012 and has gone from strength to strength in the past 4 years. Richard Arnold, the man behind Wrenbridge Sport has developed a portfolio, that ranges from becoming the project manager on the new Brentford Community Stadium, which includes over 1,000 residential apartments, to being in partnership with Scarborough Borough […]
Palmer and SEDCO make £10m in 18 months with Blakelands sale
Palmer Capital and SEDCO Capital have sold Blakelands Industrial Estate in Milton Keynes to Royal London Asset Management for a £10m premium on what they paid 18 months ago. Palmer and SEDCO paid clients of Cornerstone Real Estate Advisers around £28m – an 8% yield – for the multi-let asset. Royal London bought the 565,354 […]
Colworth Park Sets To Expand Events and Conference Offering
Colworth Park is not only the place to do science, it’s building a reputation for excellence in events and conferencing too – raising its profile as one of the most beautiful places in England for a meeting or business function. The science park set in 91 acres of rolling parkland on the edge of the […]
Financial comment: where are the best returns?
The recent Purchasing Managers’ Index survey for the UK service sector suggests that, against the backdrop of a global slowdown and looming Brexit referendum, the UK economy has softened. Inevitably, investment decisions may be deferred and domestic institutional investment activity is likely to remain muted until the summer. Depending on the outcome of Brexit, it could […]
Angle Property react to residents’ concerns over possible supermarket site
At least half of a large scale development in Amersham town centre will be used for retail space after residents voiced concern over its future, it was confirmed this month. Developers Angle Property said the planning application for the development at 75 Sycamore Road has been amended after residents raised fears about restaurants taking up […]