Puma Property Finance facilitates a £43m loan for Newcastle PBSA development Feb 6, 2025 Puma Property Finance (“Puma”) today announces it has facilitated a £43 million loan to Vita Group to fund the development of a new 260-bed purpose-built student accommodation (PBSA) scheme in Newcastle. This latest scheme follows Puma’s recent partnership with Vita on a 268-bed PBSA development in Edinburgh in December 2024.The Newcastle development is in the […] Posted by: Deividas Krupstas Read more
Caddick gets green light on 360,000 sq ft Ashton Park development Feb 6, 2025 Wigan Council has granted outline approval on Caddick’s Ashton Park development, a 360,000 sq ft industrial scheme set to deliver a £46m boost to the local economy. Located off Lockett Road in Ashton-in-Makerfield, the 19-acre site is situated at the edge of the existing South Lancashire Industrial Estate and offers convenient access to J23, 24 […] Posted by: Deividas Krupstas Read more
Places for People acquire land to deliver over 1,300 new homes in Edinburgh Feb 5, 2025 The UK’s leading social enterprise, Places for People, has secured land on the outskirts of Edinburgh to bring forward over 1,300 new homes. The organisation who supplied over 1,700 new homes in the last year acquired the 110-acre site from Murray Estates in its ambition to deliver more new homes to meet rising demand across […] Posted by: Deividas Krupstas Read more
Scannell and Royal London Asset Management Property received final go-ahead for 33-acre logistics scheme in Tunbridge Wells Feb 5, 2025 Scannell Properties and Royal London Asset Management Property have received detailed planning permission for TN2 Gateway, a new development of prime warehouse and industrial facilities in Tunbridge Wells, Kent. Construction has now started on the scheme which will deliver over 500,000 sq ft of much-needed warehousing accommodation with ancillary office space. The development comprises nine […] Posted by: Deividas Krupstas Read more
Birmingham scores transformative investment into new Sports Quarter Feb 5, 2025 US company Knighthead has invested £100 million into East Birmingham, showing how the Government’s Plan for Change is boosting jobs and opportunities in the West Midlands. The new site is estimated to create 8,400 new jobs annually in Birmingham while also supporting the wider city and West Midlands. The investment will pave the way for […] Posted by: Deividas Krupstas Read more
£20m Loan Funding Agreed for Wavensmere’s £150m Wolverhampton Canalside South Feb 5, 2025 £20m of development funding for the Canalside South regeneration scheme in Wolverhampton was today announced by Richard Parker, Mayor of the West Midlands. The West Midlands Combined Authority (WMCA) has provided the loan facility to Wavensmere Homes to bring about the £150m redevelopment and provide hundreds of new homes, including 109 affordable plots. The 17.5-acre […] Posted by: Deividas Krupstas Read more
Homes England and Cambridgeshire & Peterborough Combined Authority launch new Strategic Place Partnership to catalyse growth Feb 4, 2025 Homes England and Cambridgeshire & Peterborough Combined Authority (CPCA) have formalised their ongoing housing and regeneration efforts with a Strategic Place Partnership (SPP), as part of the Government’s plans to deliver 1.5 million new homes over the next five years. It builds on an established track record of partnership work across Cambridgeshire and Peterborough. Cambridgeshire […] Posted by: Deividas Krupstas Read more
Maslow Capital Provides £18 Million Development Loan to Citu Feb 4, 2025 Specialist real estate finance provider Maslow Capital has announced the successful completion of an £18 million development finance facility to support Citu, a pioneering developer known for delivering sustainable, high-quality residential schemes across Yorkshire. The funding will facilitate the completion of an 87-unit residential development, District Lofts, in the Climate Innovation District, Leeds, one of […] Posted by: Deividas Krupstas Read more
Legal & General steps up affordable housing push, raising £510m to tackle crisis head on Feb 4, 2025 Legal & General today announced that it has raised £510m for its affordable housing investment strategy as part of the second close of its Affordable Housing Fund (“the Fund”), aimed at tackling the UK’s housing crisis head on. New investors include London CIV, the entity that manages London Local Government Pension Scheme (LGPS) assets, which […] Posted by: Deividas Krupstas Read more
Whitbread acquires freehold of 35 Red Lion Square in Central London Feb 4, 2025 Whitbread Plc, the parent company of Premier Inn, the UK’s largest hotel brand, has acquired the freehold of 35 Red Lion Square, WC1 for conversion into a hub by Premier Inn hotel. The prime property, which is in a prominent location on the junction of Theobalds Road, Drake Street and Red Lion Square, was purchased […] Posted by: Deividas Krupstas Read more