ASK Partners Provides Loan for Major Mixed-Use Development in East London Jul 19, 2024 ASK Partners has provided a loan to HUB Residential and H.I.G. Capital for the acquisition of Finsgate House in East London. The joint venture aims to secure planning consent for a mixed-use development on the site, located near Old Street roundabout. The loan will facilitate the redevelopment of three interconnected office buildings into a residential-led […] Posted by: David Gilbank Read more
Weaver Vale Housing Trust Expands with Acquisition in Cheshire Jul 19, 2024 Weaver Vale Housing Trust (WVHT) has expanded its portfolio by acquiring 89 homes from Auxesia Homes, a private housing provider in northern England. This acquisition increases WVHT’s total holdings to over 6,500 properties throughout Cheshire. The newly acquired properties, located in areas such as Moulton, Kelsall, and Wilmslow, include a mix of affordable rent and […] Posted by: David Gilbank Read more
Newcastle University Unveils £250m Student Accommodation Redevelopment Jul 19, 2024 Newcastle University has announced a £250 million redevelopment of its Castle Leazes site, aiming to provide modern accommodation for 2,011 students. The project, approved by the city council, includes the demolition of the outdated 1960s student housing block and the creation of a new student village. The redevelopment, a joint effort between Newcastle University and […] Posted by: David Gilbank Read more
Salford Approves Plans for Major Logistics Development ‘Halo West’ Jul 19, 2024 Salford City Council has approved plans for a new 108,553 sq. ft. logistics and industrial development named Halo West, submitted by Peel Waters. The site, located off Liverpool Road in Eccles, Salford, will transform a former waste recycling facility into a well-connected employment hub. The development, designed by Peel Waters in collaboration with AEW, Langton […] Posted by: David Gilbank Read more
Harbour Hotels Acquires Rothay Garden in the Lake District for Expansion Jul 19, 2024 Harbour Hotels Group has acquired Rothay Garden hotel in Grasmere, Lake District, aiming to expand its presence in northern England. The financial details of the transaction remain undisclosed. The 32-bedroom Rothay Garden hotel will be rebranded as Rothay Garden by Harbour Hotels and will undergo a “non-intrusive” refurbishment. The hotel will continue to operate during […] Posted by: David Gilbank Read more
UKREiiF Triumphs at the Conference and Events Awards 2024 Jul 5, 2024 UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum) has pulled off a remarkable achievement at the Conference and Events Awards 2024. In just three years, UKREiiF has become a cornerstone for the UK’s real estate, investment, and infrastructure sectors, and caps a phenomenal rise by winning the hotly contested “Best UK Conference won Best […] Posted by: David Gilbank Read more
Clowes Developments purchase major mixed-use development site in Mansfield Jul 5, 2024 Clowes Developments have successfully purchased a 35-acre site at Pleasley Hill in Mansfield. Pleasley Hill was initially presented to the land and planning team at Clowes Developments in 2017 by land promotor, David Winterbotham. Since then, extensive due diligence and research into the sites potential has been happening behind the scenes and resulted in an […] Posted by: David Gilbank Read more
ISG Nears Sale as Parent Company Cathexis Finalises Deal Jul 5, 2024 ISG, the sixth-largest UK contractor, is on the verge of being sold by its parent company, Cathexis, after eight years of ownership. The potential buyer, who has not yet been named, is expected to invest heavily in the business. Cathexis Chief Operating Officer and ISG Chairman Matt Roche communicated to stakeholders that the sale is […] Posted by: David Gilbank Read more
ESR Europe Closes £153m Loan for London’s Corus Hyde Park Hotel Jul 5, 2024 ESR Europe, the European platform of ESR Group, has arranged a £152.5m commercial real estate loan secured against the in London. The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property. The hotel is located on the north side of Hyde Park, near Lancaster Gate, […] Posted by: David Gilbank Read more
Development Opportunities on the Horizon in Flintshire? Jul 5, 2024 Development opportunities could be on the horizon in Flintshire as the county council invites residents to participate in early-stage public consultations, signalling development opportunities for four town centres: Connah’s Quay, Flint, Mold, and Queensferry. The local authority is encouraging residents to contribute to the creation of seven ‘Place Making Plans’ for town centres across Flintshire […] Posted by: David Gilbank Read more
