Business : Finance & Investment News
Liverpool John Moores University Campus Site for Sale

Liverpool John Moores University Campus Site for Sale

Liverpool John Moores University (LJMU) has appointed CBRE to bring a 20 acre former campus site to market. The former IM Marsh campus site in Aigburth is for sale as a development opportunity, with CBRE seeking offers by 28th May on either an unconditional or subject to planning basis. Situated

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Wates Breaks Turnover Records Despite Profit Dip in Tough Market

Wates Breaks Turnover Records Despite Profit Dip in Tough Market

Wates Group, one of Britain’s leading family-owned construction firms, has reported its highest-ever turnover – despite grappling with economic headwinds that squeezed profits. The company’s 2024 turnover rose by nearly 10% to a record £2.4 billion (2023: £2.18 billion), thanks to robust performance across key sectors including construction, engineering, and

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Major City Office Deal Signals Corporate Shift from Canary Wharf

Major City Office Deal Signals Corporate Shift from Canary Wharf

A landmark office deal in the City of London has been finalised, with Helical and Orion Capital Managers completing the £333 million forward sale of 100 New Bridge Street to an undisclosed owner-occupier. The buyer, confirmed by several sources familiar with the matter, is understood to be a major US-based

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Kennedy Wilson acquires Ultra-Urban London industrial park from Fabrix

Kennedy Wilson acquires Ultra-Urban London industrial park from Fabrix

4.7 acre Bromley-by-Bow industrial park is the biggest industrial site within three miles of the City Global real estate investment company Kennedy Wilson announces that it has acquired Bromley-by-Bow Industrial Park, a strategically located East London development site with planning consent for the creation of a highly sustainable, best in

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New Development and Asset Management Venture Launched by Ex-Thackeray Group Directors, Backed By SevenCapital

New Development and Asset Management Venture Launched by Ex-Thackeray Group Directors, Backed By SevenCapital

SevenCitiesLdn, a new property investment, development and asset management venture based in central London, has launched with the backing of leading UK property development and investment group SevenCapital. Backed by £100million in capital, the new business is dedicated to acquiring and repositioning value-add real estate opportunities across London, the South

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LondonMetric - Acquisition of new M&S logistics warehouse for £74m

LondonMetric – Acquisition of new M&S logistics warehouse for £74m

LondonMetric Property Plc (“LondonMetric”) announces the acquisition of a long-let M&S logistics warehouse for £74.0 million, reflecting a NIY of 5.65%. The 390,000 sq ft regional logistics warehouse is pre-let to M&S on a 20-year lease with five yearly upward only rent reviews linked to CPI. The highly specified warehouse

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Latest Issue
Issue 332 : Sept 2025

Business : Finance & Investment News

M&A gains momentum as construction industry seeks growth through strategic acquisitions

M&A gains momentum as construction industry seeks growth through strategic acquisitions

Mergers and acquisitions (M&A) remain a key priority for UK lower mid-market construction businesses, with 19% identifying it as one of their top three core growth strategies over the next three years, according to new research from business advisory group Dow Schofield Watts. As firms navigate an increasingly competitive landscape, M&A is seen as a critical tool for expanding market share, diversifying offerings, and strengthening resilience. The UK Growth Census, which surveyed 500 businesses with annual turnover between £10m and £150m, highlights a clear appetite for dealmaking, with 21% of construction firms saying their primary motivation in pursuing a merger or acquisition would be to enter new geographic markets, 21% to increase valuation ahead of a future exit, and 19% to acquire new talent and capabilities acquire new talent and capabilities. For many, M&A is not just a route to scale, it is a strategic imperative to remain competitive in a rapidly evolving market. However, construction businesses face significant challenges when pursuing M&A opportunities. Identifying suitable targets is the most frequently cited barrier (34%), followed by cultural alignment with targets (33%), and competition for attractive targets (33%). Securing financing remains another key hurdle for the construction industry, with 33% of respondents citing access to funding as a primary concern. Other critical challenges include navigating regulatory and legal hurdles (31%), valuation and price negotiations (26%), and post-merger integration (22%). Overall for construction businesses, 52% say that international trade or collaboration is a growing priority, and 33% state that it is a core focus and key part of their growth plans. Harry Walker, corporate finance partner at Dow Schofield Watts, commented: “The M&A landscape is evolving, and businesses are recognising that strategic acquisitions offer a powerful means of accelerating growth. With increased competition, rising valuations, and the complexities of post-merger integration, success requires a clear plan. Businesses that approach M&A with a well-defined strategy – balancing ambition with careful execution – are the ones best positioned to create long-term value.” Beyond M&A, businesses are investing in multiple avenues to drive long-term success. Digital transformation (41%) is the most widely cited strategic priority, while improving customer experience (37%) and new product development (32%) are also high on the agenda. With businesses facing an uncertain economic landscape, many are balancing growth ambitions with strategic cost-cutting (29%) and efforts to strengthen supply chain resilience (25%). Download the full UK Growth Census report here: https://dswcapital.com/uk-growth-census-2025/  Building, Design & Construction Magazine | The Choice of Industry Professionals

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Liverpool John Moores University Campus Site for Sale

Liverpool John Moores University Campus Site for Sale

Liverpool John Moores University (LJMU) has appointed CBRE to bring a 20 acre former campus site to market. The former IM Marsh campus site in Aigburth is for sale as a development opportunity, with CBRE seeking offers by 28th May on either an unconditional or subject to planning basis. Situated off Barkhill Road in a South Liverpool suburb, four miles from Liverpool City Centre, the overall brownfield site contains a range of buildings varying in age and architectural style which were used as teaching accommodation, halls of residences and indoor facilities along with a number of redundant playing pitches. The buildings, which include two with Grade II listed status, comprise a combined circa 213,000 sq ft. The site sale is in-keeping with the university’s estates strategy which has been focused on bringing all activities into the city centre to work more efficiently and sustainably. Over recent years, students have increasingly opted for city-based teaching and living accommodation. With a student population of over 27,000, LJMU has responded by investing in high quality campus facilities in both the city centre and around the Mount Pleasant area, including the development of the former Copperas Hill site which now features the award-winning student life building and sports facilities. Kieran McLaughlin, Senior Director, UK Development & Residential at CBRE, said; “The university vacated the site a number of years ago with no teaching or other student-facing activity at IM Marsh since 2020.  The site has been secured throughout that time and the university has been actively engaged with the neighbourhood to keep local residents updated and informed. The release of the IM Marsh site will allow LJMU to invest further in developing student-facing services, specialist facilities and the continued maintenance of an extensive campus portfolio in the city centre. “Land such as this is in high demand and we are looking forward to reviewing bids from interested parties seeking to bring this vacant site back into use to contribute to the local economy.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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United Trust Bank Supports £40m Build-to-Rent Development in London’s Canary Wharf

United Trust Bank Supports £40m Build-to-Rent Development in London’s Canary Wharf

United Trust Bank (UTB) Property Development has completed a £27.8m facility to support a £40m build-to-rent (BTR) scheme in Canary Wharf. The development is being undertaken by Lotus Living, a privately owned and experienced BTR developer-operator with a strong track record of delivering high specification BTR schemes across Greater London and Home Counties. The development, known as Bellerive House, comprises the conversion of a redundant office building to 50 rental apartments ranging from studio to 2 bedrooms, and the creation of 9 new rooftop airspace duplex apartments. In addition, the ground floor will offer 3000sqft of commercial space and parking. Like all of Lotus Living’s build-to-rent developments, each apartment will be presented to a very high standard with professional management, consistent policies and Lotus Living Resident friendly app. Rents will range from £2,200.00 to £4,600.00 pcm. The first apartments should be ready to move in by Q1 2026. UTB’s £27.8m facility supports the acquisition of the freehold of the building, conversion and construction costs, S106 and CIL liabilities, professional fees, interest and a 4-month VAT bridge. Paul Flannery, Senior Director – Property Development, United Trust Bank, commented: “We’re very keen to increase our lending to experienced specialist developers of BTR, PBSA and Co-living accommodation and I am delighted UTB is funding this exciting BTR scheme for Lotus Living. Raj and the team have created an outstanding portfolio of attractive homes in sought after locations, and at the same time established a reputation as an excellent landlord. Bellerive House will provide a great place to live in a vibrant area of London, and I look forward to UTB supporting many more successful Lotus Living schemes in the future.” Rajiv Nehru, CEO – Lotus Living, commented: “Paul and the wider UTB property development team have been a pleasure to work with. It’s clear that they share our vision and commitment to creating high-quality, affordable rental homes designed to meet the diverse needs of Londoners. When completed early next year, Bellerive House will provide attractive, well-connected and comfortable homes, conveniently located in the heart of Docklands, just a few minutes from Central London and City Airport.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Wates Breaks Turnover Records Despite Profit Dip in Tough Market

Wates Breaks Turnover Records Despite Profit Dip in Tough Market

Wates Group, one of Britain’s leading family-owned construction firms, has reported its highest-ever turnover – despite grappling with economic headwinds that squeezed profits. The company’s 2024 turnover rose by nearly 10% to a record £2.4 billion (2023: £2.18 billion), thanks to robust performance across key sectors including construction, engineering, and property services. However, pre-tax profits dropped significantly to £2.6 million, down from £44.9 million the previous year. Stripping out exceptional costs, underlying profit before tax stood at £31.4 million – still a sizeable fall from 2023. Operating profit also took a hit, with the group posting a small loss of £300,000 compared to a £44.6 million profit the year before. Despite the squeeze on profit margins, Wates remains bullish about the future. Its forward order book has surged to £8.64 billion, with year-end cash reserves up £57.6 million to £195.6 million – a strong platform for continued, sustainable growth. A major driver of both growth and expansion was the acquisition of Liberty Group, a move that added around 1,100 employees and boosted Wates’ total workforce to nearly 6,000. As a result, Wates now maintains around 600,000 social homes – equating to one in seven across England. The company’s profitability was dented by several factors, including higher administrative expenses driven by a major pension fund restructure. In 2024, Wates transferred members’ defined benefits to specialist Clara-Pensions, a move aimed at providing long-term financial security while de-risking the group’s pension liabilities. Chief Financial Officer Philip Wainwright said: “For the 25th consecutive year, Wates Group has delivered a profit before tax – a major achievement given the headwinds we faced. The pension transfer was a landmark step for the business and a key contributor to this year’s exceptional items.” The group’s solid turnover performance was underpinned by large-scale private and public-sector construction projects, SES Engineering Services, fit-out and refurbishment work through Smartspace, and significant growth within Property Services. However, a sharp rise in administrative costs – up £46.7 million – and increased losses from joint venture projects placed pressure on margins. A quieter year for land sales and some loss-making project closures also contributed to the dip in profitability. Still, Wainwright highlighted that gross profit rose by £32 million, with strong performances from SES, Smartspace and Property Services helping to cushion the impact. Chief Executive Eoghan O’Lionaird added: “We are performing well overall, with positive headline results: record turnover, a record order book, and 25 years of profit. 2024 was a year of progress and consolidation – and we’re well positioned to accelerate in 2025.” The company celebrated a number of high-profile contract wins in 2024. These include a major regeneration scheme in Gresham, Middlesbrough; the Victoria House life science hubs for Oxford Properties in London; and Ministry of Justice fit-out projects. Work also began on expanding HMP Highpoint in Suffolk, delivering 741 new prison places. Wates’ Property Services division had a standout year, increasing turnover by 30% to £547.2 million and expanding its forward order book to £2.7 billion – bolstered further by the Liberty Group acquisition. The division also secured work with the Peabody housing association, London Borough of Brent, and A2 Dominion through the Social Housing Decarbonisation Fund. Meanwhile, SES notched up record wins across a range of sectors including sport, education, commercial, and life sciences – reinforcing Wates’ position as a go-to partner for complex, high-spec projects. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Major City Office Deal Signals Corporate Shift from Canary Wharf

Major City Office Deal Signals Corporate Shift from Canary Wharf

A landmark office deal in the City of London has been finalised, with Helical and Orion Capital Managers completing the £333 million forward sale of 100 New Bridge Street to an undisclosed owner-occupier. The buyer, confirmed by several sources familiar with the matter, is understood to be a major US-based financial institution, marking one of the largest transactions in London’s office market in recent years. The sale sets the stage for a significant corporate relocation, as the purchaser prepares to vacate its current headquarters in Canary Wharf. This move underscores a growing trend of major tenants shifting away from Docklands in favour of more centrally located, premium office space in the City. Other high-profile firms making similar moves include HSBC and Clifford Chance, with Deutsche Bank also reportedly reassessing its presence in the area. Vacancy rates in the Docklands core market around Canary Wharf reached a record high of 19 per cent in the first quarter, according to data firm CoStar. 100 New Bridge Street is currently undergoing a comprehensive redevelopment, led by Helical and Orion, which is due for completion in April 2026. Once finished, the 10-storey building will provide 195,000 sq ft of office space designed to the highest standards of sustainability, wellbeing, and technology. The refurbishment includes a complete strip back to the frame, recladding, the addition of two new floors, and the creation of a rooftop terrace offering views of St Paul’s Cathedral and central London. The asset has been sold at a capital value of £1,712 per sq ft, reflecting a yield of 5% before transaction costs and rent-free allowances. The building, held on a 999-year virtual freehold lease from Network Rail Infrastructure, is part of a wider joint venture between Helical and a vehicle managed by Orion Capital Managers. Helical had previously sold a 50% interest in the development to Orion for £55 million. The transaction reflects a broader strategy among corporate occupiers to secure long-term control over prime office assets, rather than remaining in leased space. This has been particularly evident post-pandemic, as businesses seek to optimise their workplaces and attract employees back to physical offices through central, high-quality environments. In a statement, Matthew Bonning-Snook, Chief Executive of Helical, said:“This transaction is a true reflection of the quality of 100 New Bridge Street as a London headquarters destination. The very strong interest we received in the scheme over a year ahead of completion is testament not only to its best-in-class characteristics, but also the acute shortage of prime office space within the submarkets Helical has targeted as part of its significant development programme.” Aref Lahham, Founding Partner and Managing Director of Orion Capital Managers, added:“The sale of 100 New Bridge Street, following the leasing success of Panorama St Paul’s, represents a further vindication of Orion’s strategy to gain exposure to leasing risk in new best-in-class offices in the most in-demand locations across gateway cities in Europe.” The purchaser’s current headquarters at 20 Churchill Place in Canary Wharf is expected to be vacated before its lease expires in 2028. The departure follows a wave of corporate exits from Docklands. While some firms—including Barclays and Morgan Stanley—have opted to stay, the shift towards central London locations continues to reshape the capital’s office market landscape. The deal at 100 New Bridge Street highlights ongoing investor interest in high-quality office developments in core City locations, despite broader market uncertainty around office valuations and demand in the post-Covid environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Kennedy Wilson acquires Ultra-Urban London industrial park from Fabrix

Kennedy Wilson acquires Ultra-Urban London industrial park from Fabrix

4.7 acre Bromley-by-Bow industrial park is the biggest industrial site within three miles of the City Global real estate investment company Kennedy Wilson announces that it has acquired Bromley-by-Bow Industrial Park, a strategically located East London development site with planning consent for the creation of a highly sustainable, best in class ultra urban industrial scheme with a GDV of circa £100 million, from Fabrix. Located on a 4.7 acre area, the site was assembled and master planned by Fabrix following a series of land purchases which took place over several years. It subsequently achieved planning consent for the regeneration of the site in September 2024, doubling the current space for a scheme which will deliver 135,000 square feet of highly desirable and sustainable industrial space. Situated within only three miles of the City of London in a prime distribution location, the site benefits from fast access to Central London, a critical consideration for many high-value industrial occupiers, and the rest of the city by virtue of its excellent access to key arterial roads. As one of only two Strategic Industrial Locations in Tower Hamlets, Fabrix designed the redevelopment to set a new standard for how industrial space can be sensitively integrated within the urban fabric and be a positive neighbour to both adjacent industrial estates and residential communities, with a design that significantly improves the appearance, efficiency and sustainability of the site. It was this approach that helped to unlock the regeneration of the most centrally located, undeveloped large-scale industrial site in London, in an area where much of the existing stock of industrial space is being lost to other uses.  The site proposals comprise a new-build central block of industrial units arranged in two linear terraces around a central yard (consisting of 10 units of varying sizes from 600 square metres – 1800 square metres), and a re-purposed small brick MOT warehouse building, positioned at the west entrance, designated for use as the Affordable Workspace & a Circular Economy Hub, totaling 11,976 square metres (GIA) of floorspace. The scheme, which will be developed by Kennedy Wilson to EPC ‘A’, and BREEAM ‘Excellent’, is expected to be attractive to a range of future occupiers, but particularly those operating in ‘last mile’ delivery. Fabrix will retain a role as a consultant for Kennedy Wilson during the initial stages of development to drive forward ESG and community initiatives through the partnerships it has generated with local organisations. This latest acquisition expands Kennedy Wilson’s UK industrial platform, which totals nearly 9 million square feet and represents circa $1.6 billion of AUM. “This transaction represented a rare opportunity to acquire a highly desirable industrial scheme in a location with strong underlying fundamentals,” said Mike Pegler, President, Kennedy Wilson Europe. “We are always looking for opportunities to invest capital into industrial assets in thriving urban locations and this is particularly attractive where schemes, such as Bromley-by-Bow, will offer leading sustainability credentials to its future occupants.” Louis Duffield, Partner and Head of Investment at Fabrix said: “Fabrix’s consented scheme for the regeneration of Bromley-by-Bow Industrial Park is a project that will deliver super prime-quality space for ultra urban industrial and logistics uses, and secure genuine benefits for the community in Tower Hamlets. Kennedy Wilson’s purchase of the site will not only realise the value created by this vision, but also means that Fabrix can advance with our plan to rationalise our activity around the living and office sectors, marking an exciting new phase of work. Fabrix developed this project over many years of relationship building with the community and stakeholders, and we look forward to collaborating with Kennedy Wilson in a consultant role to drive forward ESG and community initiatives.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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New Development and Asset Management Venture Launched by Ex-Thackeray Group Directors, Backed By SevenCapital

New Development and Asset Management Venture Launched by Ex-Thackeray Group Directors, Backed By SevenCapital

SevenCitiesLdn, a new property investment, development and asset management venture based in central London, has launched with the backing of leading UK property development and investment group SevenCapital. Backed by £100million in capital, the new business is dedicated to acquiring and repositioning value-add real estate opportunities across London, the South East and key regional cities.  It will initially target assets between £5m and £30m, across multiple sectors, including commercial, residential, student accommodation, retail, hospitality and leisure. SevenCitiesLdn is led by Giles Hoare and Cameron Mitchell, both RICS qualified and former Thackeray Group directors, who together have a combined 25 years’ experience and over £500m worth of real estate transactions across multiple sectors. The newly formed team at SevenCitiesLdn will have a clear mandate to identify and execute deals that unlock value through strategic asset management, repositioning and development, capitalising on evolving market conditions and shifting occupier demands. Damien Siviter, Group Managing Director at SevenCapital Group said: “At SevenCapital, we pride ourselves on our ability to both identify and nurture new investment, development and business opportunities. Embracing modern advances in technology, new ways of working, and employing emerging industry talent are key ingredients to the future success of our business, the property market and indeed the urban landscapes within which we operate. “SevenCitiesLdn is an exciting new venture, with an enterprising vision and approach to transforming the built environment that both aligns with our values and adds a new dynamic to the SevenCapital Group. I look forward to supporting and developing the business as it establishes itself and grows over the coming months and years.” Giles Hoare, Director at SevenCitiesLdn, added: “The UK real estate market continues to offer compelling opportunities for those with the vision and agility to act decisively. With the backing of SevenCapital, we have the firepower and platform to make a meaningful impact. We look forward to collaborating with investors, occupiers, and stakeholders to deliver transformative projects.” Cameron Mitchell, Director at SevenCitiesLdn, added: “SevenCitiesLdn brings a fresh and ambitious approach to real estate investment and development. We are combining SevenCapital’s established expertise with a forward-thinking, entrepreneurial mindset to identify and unlock value in the market. With significant capital available, we are dedicated to acquiring and developing real estate that caters to the evolving urban landscape and needs of modern business and communities.” Prior to forming SevenCitiesLdn, Giles Hoare worked as Investment Director at Thackeray Group, which he joined in 2018. He previously worked for London & Cambridge Properties Ltd and Cushman & Wakefield. Cameron Mitchell leaves his role as Development Director at Thackeray Group, having joined in 2019, prior to which he worked as a surveyor for CBRE. SevenCitiesLdn is actively sourcing opportunities in London and key cities across the UK and welcomes discussions with agents, brokers, investors and joint venture partners across the sector. To get in touch email: enquiries@sevencitiesldn.com or visit our website: sevencitiesldn.com Building, Design & Construction Magazine | The Choice of Industry Professionals

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Network Space Investments Accelerates Growth with £9 Million Acquisition of Prime Sheffield Industrial Estate

Network Space Investments Accelerates Growth with £9 Million Acquisition of Prime Sheffield Industrial Estate

Network Space Investments (NSI) has completed the £9 million acquisition of a prominent 103,262 sq ft industrial estate on Grange Mill Lane in Sheffield – just minutes from Meadowhall and junction 34 of the M1. Comprising four vacant warehouse units with generous, secure yard space and parking, NSI will comprehensively refurbish and reposition the estate as a modern, high-spec industrial hub. This will deliver high-quality space across a range of flexible unit sizes from 10,000 to 50,000 sq ft, all featuring eight-metre eaves. The new units will be available from late summer 2025, adding much-needed supply to a highly constrained local market. This latest acquisition is part of NSI’s strategy to redeploy capital following the recent successful disposal of Europa Way at Trafford Park. It also follows recent acquisitions in Oakhill, Manchester, and Cowley Way, Sheffield, further strengthening the company’s footprint across key regional industrial markets. Tom Dawson, Investment Director at Network Space Investments, commented: “This is a well-located and underutilised estate that offers significant potential for value creation. Our plan is to deliver modern, energy-efficient space suitable for a range of occupiers – and the flexibility of unit sizes will appeal to both regional businesses and national operators.” “The acquisition reflects our confidence in the industrial sector and supports our long-term strategy of investing in assets with strong fundamentals in resilient, growth locations.” As Network Space Investments accelerates its expansion, the business is actively seeking new investment and value add opportunities across the North of England. To support this ambitious growth strategy the team is expanding its investment and asset management capabilities to source new deals and capitalise on market opportunities. Roger Haworth at CPP acted on behalf of the vendor. NSI was unrepresented. Building, Design & Construction Magazine | The Choice of Industry Professionals

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LondonMetric - Acquisition of new M&S logistics warehouse for £74m

LondonMetric – Acquisition of new M&S logistics warehouse for £74m

LondonMetric Property Plc (“LondonMetric”) announces the acquisition of a long-let M&S logistics warehouse for £74.0 million, reflecting a NIY of 5.65%. The 390,000 sq ft regional logistics warehouse is pre-let to M&S on a 20-year lease with five yearly upward only rent reviews linked to CPI. The highly specified warehouse is being developed by Epta Development Corporation (“EDC”) and its development partner, Stoford. It will be a key facility for M&S’s food distribution business and incorporates chilled, ambient and frozen product. The unit is located at Axis Works, a prime logistics location in Bristol, adjacent to other LondonMetric warehouse investments in Avonmouth. The BREEAM Excellent building is expected to complete in summer 2026 and LondonMetric will receive a funding coupon of 5.5% during the development. Andrew Jones, Chief Executive of LondonMetric, commented: “This is a high quality development let on a very long lease to one of the UK’s strongest retailers. It will deliver income longevity, certainty and guaranteed growth. It further extends our relationship with M&S and adds another exceptional building to LondonMetric’s portfolio.” Alex Freudmann, MD of M&S Food, commented: “Modernising our supply chain is key to increasing the capacity in our network and will help us get ahead of the volume curve we are driving in M&S Food to meet our ambition of becoming a shopping list retailer. This new site will ensure that we’re getting the right products to the right stores at the right time for our customers. It will also create a great working environment for our colleagues.”  Chris Tsakumis, Principal at EDC, commented: “We are pleased to have invested in the site and our long-term UK investment strategy has reaped initial dividends with the announcement of our first occupier and investment sale.” CBRE and Knight Frank acted for EDC and Stoford. Lambert Smith Hampton represented M&S. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Salix delivers decarbonisation work across the UK and has now secured silver status as a Carbon Literate Organisation

Salix delivers decarbonisation work across the UK and has now secured silver status as a Carbon Literate Organisation

Salix Finance, which supports governments across the UK achieve net zero targets, is celebrating after being accredited as a silver Carbon Literate Organisation by The Carbon Literacy Project. The award recognises commitment to equip teams with the knowledge and skills to actively reduce their carbon emissions and to contribute to a net zero future. To achieve this accreditation team members from across the organisation completed carbon literacy training. Achieving silver status fits with the Salix mission to ‘help save the planet’ and the leadership provided in decarbonisation for other public bodies, as well as sustainability in every aspect of the business. We hope it will serve as inspiration for other public sector organisations to follow. Going forward, Salix remains dedicated to helping organisations with the tools they need to reduce emissions at a personal, community, and organisational level. Salix chief executive, Kevin Holland, said: “We’re on a mission to help save the planet, supporting public sector organisations to reduce their environmental impact. “In order to provide leadership in this sector, we want to invest in our people to continually build the knowledge and skills they need. “That’s why we’re committed to carbon literacy training for everyone here. “I’m very proud we’ve been recognised with silver status by the Carbon Literacy Project.” Carbon literacy consultant, Georgina Patel, said: “Salix is focused on supporting clients with decarbonisation. “It has also been very clear that it is also serious about reducing its own organisational carbon footprint. “Through Carbon Literacy training, Salix’s employees have fully embraced their learning about the climate crisis we all face, and to understand what that means to them as individuals and in their job roles.” The Carbon Literacy Trust was formed in September 2013.  It is incorporated as a Charitable Incorporated Organisation (CIO). The Trust’s aim is to advance the education of the public in the conservation, protection and improvement of the physical and natural environment through the dissemination of carbon literacy.  It offers training to organisations and individuals. Building, Design & Construction Magazine | The Choice of Industry Professionals

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