Arrow Global Secures £313m Commitment from ADIA Aug 2, 2024 Arrow Global Group Capital Management has secured a £313 million commitment from a subsidiary of the Abu Dhabi Investment Authority (ADIA) for its UK and European Real Estate Lending strategy. This partnership, which builds on ADIA’s previous investment in Arrow’s Opportunistic Credit strategy, will support various projects, particularly in the UK, including major developments in […] Posted by: David Gilbank Read more
RO Group Acquires Swindon Site for Mixed-Use Development Aug 2, 2024 RO Group has secured a 9.7-acre agricultural site in Swindon, located at Home Farm on the A420 road connecting Swindon to Oxford. The site is set to become part of the larger 8,000-home New Eastern Villages development, a key project in the region. The development will be modelled after RO Group’s successful Solstice Park project […] Posted by: David Gilbank Read more
Surge in London Office Retrofits as City Planners Approve Major Projects Aug 2, 2024 The wave of office retrofits in London’s Square Mile continues to grow, with City planners recently approving two significant projects. This brings the total number of approved office upgrades in July to four, reflecting a strong demand for modern, energy-efficient workspaces. Among the newly approved projects is the £250 million renovation of Winchester House at […] Posted by: David Gilbank Read more
Zedwell Expands to Edinburgh with Unique Windowless Hotel Concept Aug 2, 2024 Zedwell, a hotel brand known for its unique offering of windowless rooms, is expanding its footprint beyond London by acquiring the former Debenhams department store on Edinburgh’s Princes Street. This new venture marks the brand’s fifth hotel and signifies its entry into key British regional cities. Criterion Capital, the company behind Zedwell, has a robust […] Posted by: David Gilbank Read more
£120M Waterfront Housing Development Set to Revitalise Hartlepool Aug 2, 2024 A £120 million housing development in Hartlepool is poised to commence by the end of the year, following confirmation of existing planning permission. The project, overseen by Hartlepool Development Corporation (HDC), aims to deliver a mixed-use scheme featuring 650 homes, alongside retail, leisure, and medical facilities across multiple brownfield sites. This development could be a […] Posted by: David Gilbank Read more
5000 new homes: Longhurst and Grand Union Launch Consultation on 37,000-Home Merger Jul 22, 2024 Longhurst Group and Grand Union Housing Group will commence a six-week consultation with residents this Wednesday regarding their proposed merger to create a 37,000-home housing association. The boards of both organisations have approved the business case for the merger, which aims to enhance investment in existing properties and build 5,000 new homes over the next […] Posted by: David Gilbank Read more
MFS Secures Over £1bn in Institutional Funding to Boost Loan Growth Jul 22, 2024 Market Financial Solutions (MFS) has renewed and increased multiple institutional funding lines, securing over £1 billion to support its expanding loan book and enhance its product offerings. The new funding includes committed resources for long-term commercial real estate (CRE) loans, large loans of £5 million and above, and MFS Bridge Fusion loans with terms of […] Posted by: David Gilbank Read more
Blackburn Greenlights Major Housing Development for Nearly 600 Homes Jul 22, 2024 Councillors in Blackburn have approved full planning permission for Persimmon Homes Lancashire’s extensive project to construct 553 new homes off Heys Lane, with outline approval for an additional 45 residences. This approval initiates the transformation of a 101-acre site near Blackburn town centre into a substantial residential area. Persimmon Homes plans to develop a diverse […] Posted by: David Gilbank Read more
New Partnership Announced for Bath Quays North Regeneration Jul 22, 2024 Bath & North East Somerset Council and the University of Bath have announced a new partnership to develop the Bath Quays North site, following the expiration of the previous development agreement with L&G. The two organisations have signed a Memorandum of Understanding (MoU) to collaborate on a vision for the future of this prime riverfront […] Posted by: David Gilbank Read more
Fattal Hotels Secures £525m Loan for Refinancing Four London Properties Jul 22, 2024 Fattal Hotel Group has announced the securing of a £525 million senior loan from Cheyne Capital to support the refinancing of four London hotels. The deal also includes participation from Migdal Insurance Company. This move aims to bolster the group’s operations in the UK’s capital, enhancing the properties under the Leonardo Hotels brand. The hotels […] Posted by: David Gilbank Read more
