Railpen, manager of around £34 billion of assets on behalf of the railways pension schemes, has named Skanska and Morgan Sindall as main contractors for the first two of its major developments in Cambridge, Botanic Place, a 540,000 sq ft sustainable office scheme, and Devonshire Gardens, a 120,000 sq ft mixed-use development. Both projects are being developed by Socius on behalf of Railpen.
Read MoreDesign changes have been submitted for Botanic Place, a new office scheme with planning permission being developed by Railpen and Socius, which will see the delivery of the most sustainable and intelligent workspace in the UK, outside of London. The amendments, which are currently under review by Cambridge City Council, will significantly reduce the carbon impact of construction, improve energy efficiency, promote active travel with greater accessibility and priority for cyclists over cars, and enhance the volume of accessible shared outdoor green space.
Read MoreRailpen, one of the largest pension managers in the UK, has purchased Coral Park Trading Estate in Cambridge. Coral Park comprises nine units totalling 50,474 sq ft and is fully let to tenants such as Halfords, Wolseley and Royal Mail, offering a secure income stream with that will deliver long-term returns for Railpen’s members.
Read MoreRailpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes, has purchased the 309,000 sq ft office development in the heart of Cambridge from Pace Investments.
Read MoreCambridge City Council has resolved to grant planning consent for Devonshire Gardens, a new sustainable neighbourhood in the heart of Cambridge to be delivered by mixed-use developer Socius and Railpen, the investment manager for the £37 billion railways pension schemes.
Read MoreDeveloper First Base and RPMI Railpen (“Railpen”), the investment manager for the £35 billion railways pension scheme, have submitted plans for Devonshire Gardens, a new sustainable neighbourhood in the heart of Cambridge.
Read MoreDeveloper First Base and RPMI Railpen (Railpen), the investment manager for the £30 billion railways pension scheme, have entered into a contract to acquire a 3-acre site in Cambridge city centre for a new 250,000 sq ft mixed-use neighbourhood. The site, which is currently utilised as a Travis Perkins depot, is located five minutes’ walk from Cambridge station in the heart of the city.
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