Greater Manchester to get 10,000 new council homes by 2028 May 7, 2024 NEWLY re-elected Mayor of Greater Manchester, Andy Burnham, has made tackling the housing crisis a top priority for his third term. Today he unveils measures to increase the amount of social housing in the city-region, improve the standard of rented accommodation and end the housing crisis in Greater Manchester by 2038. The Mayor’s announcements include: […] Posted by: David Gilbank Read more
First Proptech Hub in UK History May 3, 2024 UK PropTech Association (UKPA) to Host the UK’s First Dedicated PropTech Hub at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in 2024. This pioneering initiative marks a significant milestone in the integration of property and technology sectors, and comes after the recent merger with the UKPA and British Property Federation (BPF) Nathan Spencer, […] Posted by: David Gilbank Read more
One to Watch: Home of the ‘Dambusters’ £300 Million Investment? May 3, 2024 Sir Edward Leigh, the Conservative MP for Gainsborough, has recommended “the entire site” of RAF Scampton be considered for development, highlighting its potential for attracting £300 million in investment, marking a significant opportunity for the region. Speaking in the House of Commons on Wednesday, May 1, Sir Edward emphasized the untapped potential of RAF Scampton, […] Posted by: David Gilbank Read more
L&G Initiates Sale of Manchester Mixed-Use Property May 3, 2024 Legal & General UK Property Fund has commenced efforts to divest its retail and leisure complex located at 19–31 Piccadilly in Manchester. The asset, which encompasses a Travelodge hotel alongside a diverse array of food and beverage outlets, presents a lucrative investment opportunity for prospective buyers seeking exposure to Manchester’s vibrant commercial landscape. Originally acquired […] Posted by: David Gilbank Read more
£24.3 Million Revamp Propels Lowestoft Towards Cultural Hub Status May 3, 2024 A bold vision to revitalise Lowestoft’s town centre with an injection of £24.3 million aims to usher in a new era of vibrancy and cultural prominence, as plans for the ambitious Cultural Quarter undergo scrutiny this month. The transformative project, bolstered by a significant investment, envisions the creation of state-of-the-art amenities including a new 80-seater […] Posted by: David Gilbank Read more
Council Implements £65 Million Plan for University Campus Development May 3, 2024 In a move aimed at progressing the development of a new £65 million university campus, a council has initiated a compulsory purchase order to acquire necessary land, paving the way for ambitious construction plans. Blackpool Council has previously granted approval for the demolition of 59 residential properties within the designated area, endorsing an outline proposal […] Posted by: David Gilbank Read more
Aspen Unifies £5.6 Million Investment for Three Property Projects May 3, 2024 Aspen, a prominent player in the property investment sector, has orchestrated a £5,625,000 financing arrangement to support the redevelopment of three distinct sites across Cheltenham and Bath. This comprehensive funding initiative encompasses the conversion of a heavy works site in Cheltenham, the revitalisation of a church in Bath, and the acquisition of brownfield land for […] Posted by: David Gilbank Read more
Boston Borough Council Acquires Key Site in £15 Million Town Centre Revamp May 2, 2024 In a bid to revitalise Boston’s town centre, a derelict building has been acquired as part of a £15 million regeneration initiative. The Rosegarth Square development aims to rejuvenate the heart of Boston, stretching from the River Witham to the Len Medlock Centre, with plans for a new public park and enhanced pedestrian routes. With […] Posted by: David Gilbank Read more
New Stadium and 3,500 Homes Approved for Kent Development May 2, 2024 Plans for a new football stadium and thousands of homes on brownfield land in Kent have been given the green light by Gravesham Borough Council. Ebbsfleet United FC’s proposal for an 8,000-capacity stadium and accompanying residential complex comprising 3,500 homes has been approved, signalling a transformative development for the area. The project entails the demolition […] Posted by: David Gilbank Read more
Stonewater Secures £254m Funding Deal with Multiple Lenders May 2, 2024 Savills Financial Consultants has facilitated Stonewater in finalising a £254 million funding arrangement with five lenders to bolster its investments in new and existing affordable housing projects. The funding, sourced from both existing backers like Barclays, NatWest, and Nationwide, as well as new partners ABN AMRO and HSBC, marks a significant step for Stonewater, a […] Posted by: David Gilbank Read more
