News

Redrow acquires Stevenage land

Pigeon Land was appointed in 2016 to promote 70 acres of green belt land at Stevenage for residential development.   An allocation was secured in the East Herts Local Plan and planning permission for 600 homes was granted in 2020.   The land has now been sold to Redrow Homes following marketing by Savills Cambridge….

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Next tranche of Kingsfleet sold

A third phase of land at Kingsfleet, Thetford has been sold to Taylor Wimpey.   With planning permission for 225 homes, the land adjoins the first two phases which are under construction.   The sale brings the total number of plots purchased by housebuilders to over 700, with over 100 homes now completed and occupied….

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Acquisition of Cambridge warehouse

Pigeon has acquired a vacant warehouse in Waterbeach, Cambridge. The property extends to 27,500 sq ft, has immediate access to the A10, and is only three miles from the A14.   Having been recently vacated by the previous owner, Pigeon will implement an extensive refurbishment plan, creating an “as new” building in order to attract a…

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Cambridgeshire Business Park acquired

Pigeon has acquired the Broadway Business Park in Yaxley, south of Peterborough. The property comprises a multi-let industrial site extending to approximately 13 acres and a mix of industrial buildings and open storage plots.   The Business Park has a low site density and offers asset management opportunities including new developments and working with the tenants…

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Sale of Stapleton’s, Bury St Edmunds

Pigeon has completed the sale of the Stapleton’s premises at Tayfen Road in Bury St Edmunds, Suffolk.   The commercial investment was acquired in 2018 as part of a wider development site.  Pigeon has carried out an asset management program, including a recently agreed rent review which achieved a 25% increase.   The property benefits…

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New Lidl store at Broadland Gate, Norwich

Lidl has purchased the site for a new food store at Broadland Gate, Norwich, following the grant of planning permission in September last year.   Construction of the store commenced in January and will open later this year, creating 40 new jobs for the local area.   For further details please contact Hugh French: h.french@pigeon.co.uk

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J56 on A14

The marketing of Pigeon’s A14 roadside and logistics scheme was launched in late 2020. Located at Junction 56, the site has full planning consent for a new highway access and roadside services, including petrol filling station and drive thru restaurant.   The rear of the site has outline planning consent for employment uses. Unit A…

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Acquisition of Norwich industrial estate

Pigeon has completed the acquisition of a freehold multi-let industrial investment in Norwich.   Units 1-4 Caley Close are located on the Sweet Briar Industrial Estate and extend to 46,123 sq ft.  The estate benefits from immediate access to the outer ring road and there is strong interest from occupiers in this area. The units are all…

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