UKREiiF News

Puma Property Finance facilitates a £43m loan for Newcastle PBSA development

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

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Caddick gets green light on 360,000 sq ft Ashton Park development

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 […]

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Scannell and Royal London Asset Management Property received final go-ahead for 33-acre logistics scheme in Tunbridge Wells

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 […]

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£20m Loan Funding Agreed for Wavensmere’s £150m Wolverhampton Canalside South

£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 […]

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Homes England and Cambridgeshire & Peterborough Combined Authority launch new Strategic Place Partnership to catalyse growth

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 […]

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Maslow Capital Provides £18 Million Development Loan to Citu

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 […]

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Legal & General steps up affordable housing push, raising £510m to tackle crisis head on

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 […]

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