Padlock Euro Storage Fund I Acquires Strategic Ashford Property, Announces Temporary Pause in Distributions to Support Development Initiatives

TORONTO – Padlock Euro Storage Fund I (the “Trust”) today announced the acquisition of a strategically located freehold property in Ashford, London, United Kingdom, for a purchase price of £7.25 million, excluding costs. The transaction was financed using proceeds from the Trust’s recently upsized debt facility. The property will be developed into a purpose-built, four-storey…

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Government Launches AI Tool to Modernize UK’s Planning System

In a significant step toward modernising the UK’s housing and infrastructure landscape, the Government has unveiled Extract, a new AI-powered tool designed to transform the country’s outdated planning system. Announced by Prime Minister Keir Starmer during London Tech Week, the tool promises to speed up planning permission processes and reduce delays that have long frustrated…

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Scotland’s First Children’s Hospice Rachel House to Undergo £17 Million Redevelopment

Rachel House, Scotland’s first children’s hospice, is preparing for a significant transformation as Children’s Hospices Across Scotland (CHAS) submits plans for a £17 million redevelopment. Since opening in Kinross 30 years ago, Rachel House has been a vital source of care and comfort for children with life-shortening conditions and their families across the country. The…

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UK Property Finds New Pulse in Doctors Surgeries Bidding Frenzy

The UK property market is witnessing a notable shift as doctors’ surgeries emerge as highly sought-after assets among investors. Traditionally overlooked in favour of residential or commercial developments, these medical premises are now commanding fierce bidding competition, offering a reliable and resilient investment opportunity amid wider market uncertainties. This surge in interest is driven largely…

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REACH UK Announces 2025 Cohort: Eight Startups Set to Transform the Property Sector

REACH UK, the scale-up programme powered by Second Century Ventures, the venture capital arm of the National Association of Realtors, has announced the eight high-growth startups selected for its 2025 scale-up programme. Developed in collaboration with Propertymark and TDS Group, the initiative supports the growth of early-stage companies driving innovation across the UK property sector….

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