Sirius Real Estate is making waves in the UK property market with its latest acquisition in Southampton. The company has finalized a deal to purchase Chalcroft Business Park and an adjacent development plot for a total of £40.5 million. This strategic move is set to boost Sirius's portfolio and generate substantial returns. Key Details of the Acquisition Chalcroft Business Park: Acquired for £36.5 million, this park spans 267,073 sq ft of warehousing space and 126,511 sq ft of outdoor industrial storage. Development Land: An additional 4.5-acre plot with outline planning permission was secured for £4.0 million, offering potential for future commercial development....
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Eldridge Real Estate Credit Boosts UK Care Home Sector with £96.7 Million Loan to Morar Care Group
In a significant move to enhance the UK's care home infrastructure, Eldridge Real Estate Credit has announced the provision of a £96.7 million loan to Morar Care Group, in collaboration with Simply UK. This substantial investment will support the refinancing of existing care facilities and the development of new ones across Scotland and South East England. Addressing Growing Demand for Quality Care The UK is experiencing a rise in its median age, leading to an increased demand for high-quality residential care homes. Morar Care Group, known for its focus on resident comfort and well-being, has been at the forefront of...
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