Latest news

Offices acquired near Cambridge

Pigeon has acquired a freehold office premises in Swavesey near Cambridge. The property extends to 21,427 sq ft on a site of just under three acres, and consists of two office/workshop buildings at the front, with storage land at the rear. The two buildings were simultaneously let on acquisition to Envea, an engineering business, on…

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Land at Trimley St Martin sold to Flagship Housing

On behalf of a landowner, Pigeon has promoted and sold 7.5 acres of land in Trimley St Martin, near Felixstowe to Flagship Housing. Detailed planning permission was granted in January 2018 for 69 homes including affordable housing. Construction is expected to begin late 2019. For more information – Elena Walker e.walker@pigeon.co.uk

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Sale of North Yorkshire site for 250 homes

Pigeon has sold 24 acres of land at Sherburn-in-Elmet, in North Yorkshire to Yorkshire Housing Association. Planning permission was granted in March last year for 250 houses, open space, and a new access road onto the A162. Construction is due to commence in March 2019. For more information – James Bromhead j.bromhead@pigeon.co.uk

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Ipswich industrial estate sold

Pigeon has sold a multi-let industrial estate at Cavendish Street, Ipswich. The property was sold in two separate transactions. The first comprised a terrace of trade counters and a car wash, with tenants including Screwfix and Rexel. The property was sold to a private investment partnership for circa 6.1% Net Initial Yield. Carter Jonas acted for…

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Housing land at Thurston, Suffolk

Having been selected as promoter by a private landowner in 2016, Pigeon has sold 37 acres of land in Thurston, near Bury St Edmunds to Linden Homes. Outline planning permission was granted in April this year for 200 homes, including nine self-build plots, a primary school, woodland and extensive open space. Construction is due to begin in 2019. Savills advised the…

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Upper King Street, central Norwich

Pigeon has sold a prominent mixed-use office building in the heart of Norwich’s business district to a private health insurance provider. The five-storey period property comprises office and leisure space; occupiers include Arnold Keys estate agents, Clancy Consulting and Stadia nightclub. The property was part vacant and derelict when Pigeon acquired it, and refurbishment works to…

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Golden Pigeon Football Tournament raises £4,000

Pigeon held its annual Charity Football Tournament last Thursday raising a record total for its two chosen Suffolk-based charities, Fresh Start New Beginnings, and Rural Coffee Caravan. The 6-a-side football tournament saw twelve local teams from across the housebuilding and property industry compete to win the ‘Golden Pigeon’ trophy. The fast-paced, mixed tournament resulted in Redrow…

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Construction begins at KingsFleet, Thetford

Construction of the first phase of the Thetford North Strategic Urban Extension (SUE) scheme, known as KingsFleet, is set to begin later this month. Pigeon obtained planning permission in 2016 for up to 5,000 homes, three primary schools, open space, significant employment areas, community and healthcare facilities. The development will lie alongside the A11 dual…

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Multi-let industrial estate in Ipswich sold

Pigeon has sold a multi-let industrial estate at Olympus Close, Ipswich to a private investment company. The estate comprises 16 units over 21,600 sq ft and is let to multiple tenants. Pigeon acquired the estate in November 2016 and has since implemented a management plan to improve lease terms. Carter Jonas in Cambridge acted for Pigeon…

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Land west of Bury St Edmunds

Pigeon has acquired 62 acres of freehold land on the western edge of Bury St Edmunds, and entered into a promotion agreement on 48 acres of adjoining land. The land acquired is allocated in the St Edmundsbury Local Plan for 450 dwellings, and Pigeon will shortly submit a planning application. The adjoining land will be promoted…

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