Strategic Redditch site acquired to deliver ￡35m urban logistics development
A joint venture between Chancerygate and 汉斯 , has purchased a site in Redditch, Worcestershire to speculatively build 139,000 sq ft of Grade A urban logistics space.?
The JV has bought a 6.4 acre site intends to develop 139,000 sq ft of space across 11 leasehold units ranging from 7,685 sq ft to 15,950 sq ft. Once complete, the development will have a gross development value of around ￡35m.
Also in today newsletter...
East Yorkshire based LOVEL DEVELOPMENTS (YORKSHIRE) LIMITED has unveiled plans to deliver 400,000 sq ft of new space in the existing business parks near J38 on the M62 at Newport. - https://www.ukreiif.com/investment-news/east-yorkshire-business-park/
Edison Capital Eden Homes is set to build over 150 new homes across Scotland’s west central belt with a gross development value (GDV) of ￡64 million over the next two years. It is already underway with 53 units. - https://www.ukreiif.com/investment-news/eden-homes-new-homes/
Housing association Salix Homes mes has unveiled its plans to invest more than ￡20 million improving social housing across Salford over the next year. - https://www.ukreiif.com/investment-news/investment-social-housing-salford/
Railpen and GreenPower team up for new green investment in Argyll - This latest investment initiative extends the existing partnership under which Railpen and GreenPower are co-owners of the 46MW operational Carraig Gheal Wind Farm. -https://www.ukreiif.com/investment-news/railpen-greenpower-investment-wind/
Comments from: Philip Lovel Rob Watts Gregory Cooper Calum Melville Neil Crombie sue sutton Robert Forrest Tim Grimstone