BDC

Search
Linkedin
BDC Magazine
March 29, 2022

Westbrook Partners forward purchases prime £172.5m industrial portfolio from Chancerygate and Bridges Fund Management

Kenneth Booth March 29, 2022

Westbrook Partners has agreed to forward-purchase two BREAAM ‘Very Good’ urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management. The first portfolio, which was wholly owned by Chancerygate, is called Urban Portal and comprises three multi-unit logistics developments located in Aston Clinton, Brackley and Leicester. The schemes will

Read More »

Bouygues E&S to deliver Total FM for Roche Diagnostics UK

Kenneth Booth March 29, 2022

Roche Diagnostics UK has partnered with Bouygues Energies & Services (Bouygues E&S) to deliver a total FM contract for an initial 5-year term beginning 31st January 2022. The partnership will see Bouygues E&S bring together a number of individual services under an umbrella Total FM contract, with a strong drive

Read More »

Baxi invests in apprentices with team building programme

Kenneth Booth March 29, 2022

Baxi apprentice service engineers took part in a week-long team building course this month, designed to develop the next generation of installers with activities focusing on personal development and problem solving. The programme was tailored to Baxi’s visions and values, with apprentices undertaking team-based exercises linked to their Level 3

Read More »
Latest Issue
Issue 324 : Jan 2025

March 29, 2022

Westbrook Partners forward purchases prime £172.5m industrial portfolio from Chancerygate and Bridges Fund Management

Kenneth Booth March 29, 2022

Westbrook Partners has agreed to forward-purchase two BREAAM ‘Very Good’ urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management. The first portfolio, which was wholly owned by Chancerygate, is called Urban Portal and comprises three multi-unit logistics developments located in Aston Clinton, Brackley and Leicester. The schemes will total 347,177 sq ft across 45 units and all three are set to practically complete in the next 12 months. The second portfolio, called City Gateway, comprises three multi-unit developments in Edinburgh, Leeds and Peterborough. The three schemes were jointly owned by Chancerygate and Bridges, who have a long track record of successful collaboration on sustainable industrial developments. The City Gateway portfolio will total 485,389 sq ft across 61 units, providing 43 industrial/warehouse units, 16 trade counter units and two drive throughs. The three schemes are set for practical completion in the next 24 months. In total, the portfolios comprise 832,000 sq ft over 42 acres, with each of the six schemes being acquired on a forward-commitment basis. All the newly built units will have market leading green credentials and will be constructed to the highest specification. Commenting on the deal, Mark Donnor, managing principal of Westbrook Partners, said: “We are delighted to have concluded the deal with Chancerygate and Bridges Fund Management, in such a timely manner. “The 832,000 sq ft of Grade A stock is already receiving strong occupational interest for a variety of units. JLL is instructed to pre-lease the portfolio.” Chancerygate managing director, Richard Bains, said: “Our strategy of focusing on acquiring urban logistics sites and delivering Grade A schemes benefiting from strong environmental credentials has been borne out by the very strong interest we received for these portfolios. “We are very pleased to have concluded the deal with Westbrook Partners in a very swift timescale. The funds from the disposal will be used by us to invest in further strategic speculative development opportunities as Chancerygate continues to expand throughout the UK.” Guy Bowden, partner at Bridges Fund management, added: “We’re delighted to complete this forward-purchase, which we think is testament to the strong demand – from both investors and occupiers – for high-quality highly sustainable logistics developments. Bridges’ sustainable logistics portfolio continues to deliver both attractive financial returns for our investors and superior environmental outcomes.” Tudor Real Estate represented Westbrook. JLL advised Chancerygate and Bridges Fund Management. You can learn more about Chancerygate’s live developments here.

Read More »

Bouygues E&S to deliver Total FM for Roche Diagnostics UK

Kenneth Booth March 29, 2022

Roche Diagnostics UK has partnered with Bouygues Energies & Services (Bouygues E&S) to deliver a total FM contract for an initial 5-year term beginning 31st January 2022. The partnership will see Bouygues E&S bring together a number of individual services under an umbrella Total FM contract, with a strong drive to continuously improve the user experience. Headquartered in Burgess Hill, Roche Diagnostics UK is part of the world’s largest biotech company and a world leader inin-vitro diagnostics tissue-based cancer diagnostics and a frontrunner in diabetes management. The services Bouygues E&S are delivering include: mechanical and electrical building fabric; cleaning, security; grounds maintenance; pest control services; waste management; stores and post services; caretaking services and gymnasium service. Bouygues E&S will also use the first year of the partnership to map out a carbon reduction plan for the client. Emmanuel Chautemps, Executive Director at Bouygues E&S said, “After more than 18 months developing our relationship with Roche Diagnostics UK, we have started in earnest delivering our total FM solution. Our journey to become part of their DNA begins and it is time to deliver on our commitments. “I want to take this opportunity to welcome to our family, the 18 employees who all chose to transfer. Finally, I am very proud of the work our business development, mobilisation, operations and support services teams have achieved together.” Martijn van den Raad, Head of Facilities and Lyndsey Courtney, Building Services Manager at Roche Diagnostics UK said, “We want to convey our sincere thanks to Bouygues E&S and their team for their attention, professionalism, and commitment to the mobilisation process. They have gone above and beyond and given us great confidence in their team and their solution. We look forward to a successful partnership in the coming years.”

Read More »

KAWNEER’S SOLUTIONS CREATE AN ENVIABLE NEIGHBOURHOOD IN THE HEART OF LONDON

Kenneth Booth March 29, 2022

VISION One of the most significant challenges architects can face is regenerating an area full of personality, but in desperate need of renovation. The challenge can be even more demanding if the project involves changing the purpose of the site. But that’s precisely what the architects in charge of the Primrose Hill project in London, had to face. With a project value of approximately £16m this project required a highly sensitive design solution to address a complicated urban context involving 28 neighbouring residential and commercial properties. The transformation visioned by PKS Architects, and developed by main contractor Knight Harwood, involved converting some of the buildings into high-quality apartments and high-specification offices using Kawneer’s solutions. The task was immense and involved six neighbouring commercial properties. The goal was achieved using multiple high-performance Kawneer products. TRANSFORMATION Through site-specific technical visits and studies, Kawneer specified and costed various façade packages and options. The lack of natural light was one of the many problems that needed to be rectified. It was solved using Kawneer’s AA®100 sloped rooflights. Additionally, GT70S windows were specified to replicate the building’s original steel windows to compliment the building aesthetics. For the entrance and balcony doors, the chosen product solution was Kawneer’s AA®720 doors with Glass Balustrading, thanks to the products superior aesthetics and thermal performance. For the curtain wall specification, the natural choice was AA®100 SSG, since it has smooth and seamless glass-to-glass joints without external capping. REALISATION The resulting specification helps to enhance the aesthetics of the building façade and increase the energy performance of the building whilst meeting the cost requirements of the build with Kawneer’s market-leading product range. Shortlisted in the 2017 BREEAM Awards, this development sustainably refurbishes and reimagines a group of six buildings to create 3,500m2 of high specification office space and four new luxury flats. The impressive results haven’t gone unnoticed. The Primrose Hill project won the 2020 GGP’s Best Commercial Installation, by Kawneer’s customer and specialist facade subcontractor, JPJ Installations Ltd. Find out more about Kawneer’s products at www.kawneer.co.uk

Read More »

Baxi invests in apprentices with team building programme

Kenneth Booth March 29, 2022

Baxi apprentice service engineers took part in a week-long team building course this month, designed to develop the next generation of installers with activities focusing on personal development and problem solving. The programme was tailored to Baxi’s visions and values, with apprentices undertaking team-based exercises linked to their Level 3 Domestic Service Engineering apprenticeship scheme. During the week spent at SKERN Training & Skills in Devon, apprentices experienced climbing, rafting, and tunnelling. Each practical exercise was designed to help the apprentices improve teamwork, leadership, risk assessment and communication. Krystal McKinnell, Apprenticeships Coordinator at Baxi Heating, said: “Investing in apprenticeships is vital for tackling the skills gap in the UK heating sector. By supporting and training individuals throughout their professional journey, we hope to make a difference and give people a head start as they join the industry.” Baxi apprentice, Liam Bate, said:“I really enjoyed the course and built a good rapport with the other apprentices in my group, which is useful as I may end up working alongside them in the future. We all worked well together as a team and identified each other’s strengths and points for development. Apprentice, Madison Dowding, said: “I enjoyed the teamwork aspect of this course and learned to take other people’s ideas into consideration. I kept my learning log up to date throughout the week and will apply what I learned in my apprenticeship end point assessment.” As well as offering entry-level apprenticeship schemes, Baxi also supports qualified heating engineers with training courses tailored towards the introduction of low carbon systems. For more information about Baxi’s training opportunities, visit: www.baxi.co.uk

Read More »

The Power of Ownership, LuxPalace puts its stamp on holiday real estate

Nick Child March 29, 2022

In a world where rewards are granted for hard work, LuxPalace Black Sea offers this and ownership of an amazing destination. Location Positioned in the allure of mesmerising Black Sea, LuxPalace is the perfect place to live your memorable & well-earned vacation time. Whether it is at the pool, the dead sea spa or at the casino, luxury and elegance magically come together, allowing you to experience an exclusive lifestyle. Built in the beautiful European city of Odessa. Odessa is set to impress and indulge the senses. It’s waterfront location puts it in a prime spot for visiting and enjoying the Black Sea. It offers fine dining experiences from around the world, exciting nightlife, sandy beaches that feel like heaven, a rich culture that will broaden your horizons, fascinating history, and attractions to enrich our guests’ stay. Odessa is second to none and lets our guests dial in to every wish and need they have, Odessa is set to provide it with style. A Pursuit for Perfection Nowadays luxury hotels are famous for their guests’ high standards, but they also have to keep in mind that they are offering a product that needs to meet high standards. Excellence, as a philosophy, is the pursuit of perfection and LuxPalace delivers the highest standards Luxury destinations can offer. To cater every need, LuxPalace offers a wide variety of state of the art facilities – the luxurious swimming pool, fine dining restaurants and casual dining spots, VIP cinema, fitness center, dead sea spa and much more. Nothing has been spared to provide the best. The design & build for LuxPalace has the best engineers, architects and contractors on board. Suppliers have been carefully chosen to provide the highest quality for all areas. Vacation Ownership Vacation ownership is a membership offer provided by LuxPalace to enjoy a weeks’ vacation every year for a lifetime. Your hard work can be rewarded and what better place than a week every year at Lux Palace. This deserved vacation will truly be enjoyed at LuxPalace.  Your luxurious lifetime vacation can be yours for the nominal price of 15,000$. A lifetimes immersive experience for an amazing price, without any doubt.  The vacation ownership will be given to the buyer, but the actual property will belong to the hotel only; the buyer can just access the membership for a week once every year. You may not get the same room every time you visit, but all the rooms have five-star facilities with maximum comfort. This ownership can be transferred to someone else as well, but first, you will have to contact LuxPalace. In a nutshell, your vacation ownership at LuxPalace is completely worth the investment, and you must not wait any longer to make your vacations even more luxurious and fun.

Read More »