North Sea Showdown: RWE, Ørsted, and SSE in Legal Dispute Over Offshore Wake Losses

Three of Europe’s largest offshore wind developers RWE, Ørsted, and SSE are embroiled in a high-stakes legal battle over alleged “wind theft” in one of the UK’s most strategically important renewable energy zones. The dispute centers on RWE’s proposed Dogger Bank South project, a 3GW development that Ørsted and SSE claim will interfere with the…

Read More

Henry Boot Completes £9.5 Million Sale of Industrial Park Following Strategic Redevelopment

Henry Boot PLC has announced the successful sale of its TWO45 industrial business park in Skelmersdale, Lancashire, for £9.5 million. The transaction was completed by its property investment and development division, HBD, and acquired by an undisclosed European real estate investor. The sale follows a comprehensive value-add strategy executed over the past three years. The…

Read More

Blackstone’s £470m Takeover of Warehouse REIT Signals a Strategic Shift in UK Logistics Property

Blackstone has reached an agreement to acquire Warehouse REIT for £470 million, offering shareholders 110.6p per share. Although this offer is lower than some previous bids, Warehouse REIT’s board has welcomed the proposal, seeing it as a fair reflection of the company’s value given the current market environment. The commercial real estate sector, particularly in…

Read More

Hill Secures £51M Borehamwood Housing Project Through Direct Award

Hill Partnerships Limited is set to deliver a major £50.7 million residential development in Borehamwood, Hertfordshire, following a direct award from Thrive Homes. The appointment comes without the usual competitive tender, highlighting a growing trend in strategic project delivery. This opportunity stems from the work of Hill’s sister company, Hill Residential Limited, which had already…

Read More

London Gateway Port Extension Emerges as UK’s Largest Construction Project at £3bn

The UK construction landscape is witnessing a significant milestone as the £3 billion London Gateway Port Building Extensions project takes the lead as the country’s largest development, according to the latest data from Barbour ABI. This expansion signals a strategic commitment to enhancing the UK’s trade infrastructure at a crucial time of economic transformation. Situated…

Read More

£5 Million Vehicle Repairs Hub Project on Tyneside: First Stage Completed, Paving the Way for a Cutting-Edge Auto Facility

The first stage of a £5 million vehicle repairs hub project on Tyneside has been completed, marking a significant development for the region’s automotive sector. UK Land Estates has refurbished a 66,000 square foot building on the Tyne Tunnel Trading Estate, which will soon become the Lookers Paint & Body Centre. This new facility will…

Read More
Back To Top