Panattoni snaps up 10 acres to expand Sittingbourne development
The Business Magazine » Property & Construction
by Daniel Face
13h ago
Logistics property developer Panattoni has acquired a further 10 acres of land in Swale, Kent. The purchase will take Panattoni’s investment in the area to £170 million as it looks to create what will now be a 36-acre logistics park at Sittingbourne, targeting net zero carbon emissions. Work recently got under way on the speculative development to deliver the first phase of the park... Source ..read more
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Digital not-for-profit Jisc takes offices at Milton Park
The Business Magazine » Property & Construction
by Daniel Face
18h ago
Milton Park business campus in Oxfordshire has welcomed Jisc, a digital, data and technology agency focused on higher education, research and innovation. Formerly the Joint Information Systems Committee, Jisc supports education providers with cloud connectivity and cybersecurity, data analytics and tools to enrich learning and employability. Its vision is to help make the UK a world... Source ..read more
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Cheltenham's Daffodil up for sale
The Business Magazine » Property & Construction
by Nicky Godding
18h ago
The Daffodil, most recently a restaurant but before that furniture showroom, bingo club but built as art deco cinema, is up for sale for redevelopment by Savills. The Daffodil Cinema was designed by Leonard William Barnard, a prolific local architect. Built in Edwardian Free Style, with some Baroque Revival elements, the 750 seat cinema – then known as Daffodil Picture House – opened on 5... Source ..read more
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Three features of the Residential Development of the Year
The Business Magazine » Property & Construction
by Scott Whittle
1d ago
The Thames Valley is home to a highly active community of residential and commercial developers responsible for ensuring the region maintains its modern and lively landscape. At the Thames Valley Property Awards 2024, we’re looking to recognise these vital members of the region’s business community. Sponsored by B P Collins LLP, the Residential Development of the Year will be awarded to a... Source ..read more
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Do you know the Commercial Landlord of the Year?
The Business Magazine » Property & Construction
by Scott Whittle
2d ago
The Thames Valley Property Awards are back, and with the nominations process in full swing we’re looking forward to hearing from the best-of-the-best in the region’s property sector. As always, these awards will bring together all the top agents, developers, planners, consultants, property lawyers and dealmakers for an unmissable night of networking and awards. Nominations are open until the... Source ..read more
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Fastest expansion of construction output since February 2023
The Business Magazine » Property & Construction
by Nicky Godding
3d ago
Business activity growth gained momentum across the UK construction sector in April, largely due to solid rates of expansion in the commercial and civil engineering segments, according to the latest S&P Global UK Construction Purchasing Managers Index (PMI). Near-term prospects remained relatively positive, as new work increased for the third month running amid reports of a boost to sales... Source ..read more
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Stratford Park Hotel & Golf Club makes senior appointment
The Business Magazine » Property & Construction
by Daniel Face
3d ago
Stratford Park Hotel & Golf Club, a family-owned 32-bedroom hotel, has hired Snehal Lakhani as its new deputy general manager. Snehal, from Leicester, joins the hotel with 35 years’ experience in the hospitality and events sector, working in hotels across the country and as managing director of an events company. He was previously operations manager at Bromsgrove Hotel & Source ..read more
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Acrobatics centre bringing the circus to Surrey acquires second facility
The Business Magazine » Property & Construction
by Daniel Face
3d ago
A popular Surrey fitness and health business is set to open a second facility in Camberley to cope with increased demand. Prime Acrobatics, which offers a blend of gymnastics, acrobatics and circus skills to children and adults, has nearly completed the fitout at Prova Court. Dozens of jobs will be created when the new facility opens in June. Property consultancy Vail Williams... Source ..read more
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Thruxton Circuit bought by Boundary Real Estate Partners
The Business Magazine » Property & Construction
by Daniel Face
3d ago
Boundary Real Estate Partners has acquired Thruxton Motor Racing Circuit in Hampshire on behalf of a private investor. Owned by a private individual since the 1950s, the site comprises over 440 acres of land. It includes Thruxton Circuit, 150,000 sq ft of industrial warehouses and hardstanding, 95,000 sq ft of hangars and a CAA licenced aerodrome. The British Amateur Racing Club... Source ..read more
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Award-winning Portsmouth restaurant under new ownership
The Business Magazine » Property & Construction
by Daniel Face
3d ago
Restaurant 27 in Southsea, Portsmouth has been acquired by a private owner for an undisclosed sum. Occupying a corner position in the seaside suburb, the fine dining Italian restaurant was owned and operated for 15 years by Kevin and Sophie Bingham, during which time it picked up a prestigious AA Rosette. “As much as we’ve enjoyed being the owners and having dedicated much of our life to... Source ..read more
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