Chancerygate has pre-sold nearly 70 per cent of its 88,900 sq ft Panorama industrial development in Dartford, Kent ahead of practical completion.
Deals & Transactions
Blackbrook Capital (Blackbrook) has acquired a modern last-mile logistics facility in Denmark. The transaction price has not been disclosed.
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened Citadines Islington London - the newest addition to its Aparthotel portfolio in Europe.
The Bouwinvest Retail Fund has leased approximately 185 sq m of retail space in the Heyhoef Shopping Centre in the southern Dutch town of Tilburg.
Escrick Park Estate between York and Selby, has welcomed two new occupiers – music and audio producers Innersound Audio Recording Studio and signs and graphic installation firm Retail Install.
Detailed planning consent had been granted by Salford City Council for the delivery of a third phase at Middlewood Locks, the award winning, new 25-acre mixed use development at the western gateway to Manchester’s business district.
St Modwen Industrial & Logistics has entered into a development agreement to create an 11.3-acre business park with Basingstoke and Deane Borough Council and leaseholder ITT Inc.
RDI, an income focused UK Real Estate Investment Trust (UK-REIT), has exchanged contracts for the disposal of its UK retail parks portfolio of six assets for GBP156.9 million to M7 Real Estate Limited, on behalf of M7 Box+ II.
OakNorth Bank has completed an additional GBP20 million loan-on-loan facility to Hilltop Credit Partners, a West-End based specialist funding partner.
Clearbell Property Partners II (Clearbell), a fund managed by Clearbell Capital, has sold a prime development site at Churchill Court, Crawley, for GBP8.9 million to Arrow Capital Partners, an investor and operator of real estate in Europe and Asia-Pacific.