News in Brief June 2022

St. Modwen Logistics has received the internationally recognised RoSPA (Royal Society for the Prevention of Accidents) Gold Health and Safety Award for demonstrating high health and safety standards across its construction sites for the second year running.

Derwent London has announced that it has exchanged a conditional contract to acquire the freehold of City Road Island EC1, the site of the Moorfields Eye Hospital and the UCL Institute of Ophthalmology. The site is being sold by Moorfields Eye Hospital NHS Foundation Trust and UCL, together the Oriel joint initiative, for £239M before costs. This is subject to receipt of final Treasury approval, which is expected later this year.

Planning permission has been granted for a science hub at Longbridge, Birmingham. The new facility will provide a world-class centre, developing high-value analytical technologies and offering industry-leading scientific expertise.

A joint venture between developer Cole Waterhouse and real estate manager Henderson Park is set to acquire a 136-acre logistics development in Kellingley, Yorkshire, which will ultimately provide 130,000m² of warehouse space. The site is 20km from Leeds and has outline planning consent. Seven units are expected to be developed ranging in size from 3,700m² to 68,000m².

Morgan Sindall has been selected as a preferred contractor to deliver the Western Way development in Bury St Edmunds, Suffolk. The multi-million-pound scheme includes the replacement of the town’s ageing leisure centre and new community health facilities on behalf of the NHS.