Center Parcs announces plans for its first Scottish resort Nov 5, 2024 Household name holiday operator, Center Parcs has announces its plans to establish its first holiday village in Scotland, marking a significant expansion for the company and a major boost for Scottish tourism. The proposed development will be located just three miles north of Hawick in the scenic Scottish Borders. With an investment estimated between £350 […] Posted by: Deividas Krupstas Read more
Cordia secures planning permission for Birmingham’s first shared-living scheme Nov 5, 2024 Cordia UK, a member of Futureal Group, one of Europe’s largest property development companies, has announced planning approval of a first-of-its-kind shared living scheme in Birmingham. The landmark development will create the city’s first purpose-built shared living environment. Reimagining the HMO concept, Bradford Works will offer 54 self-contained en-suite studio units with well separated, generously […] Posted by: Deividas Krupstas Read more
Secure Trust Bank Strikes £3.8m Affordable Housing Loan with V&F Homes Nov 5, 2024 V&F Homes has received a bespoke £3.8m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance to further fund growth of its affordable housing portfolio in East Anglia. Comprising of 51 new-build homes spanning across Norfolk and Suffolk, the portfolio features a mixture of shared ownership and affordable housing schemes. V&F Homes, a […] Posted by: Deividas Krupstas Read more
£750m JV formed between Greykite and Gatehouse IM to invest into Single-Family Rental Nov 5, 2024 Greykite European Real Estate Fund I (the “Fund”) and Gatehouse Investment Management have formed a joint venture to invest in purpose-built single-family rental (SFR) homes across the UK, and have acquired an initial seed portfolio across 11 sites, in the Midlands, Yorkshire and the North East, from leading housebuilder Persimmon Homes. The portfolio will be […] Posted by: Deividas Krupstas Read more
DigitalBridge to acquire data centre business Yondr Oct 29, 2024 DigitalBridge is set to acquire data centre developer and operator Yondr. Jon Mauck, senior managing director at DigitalBridge, said: ”Yondr’s assets and strong relationships with leading hyperscale clients align with DigitalBridge’s vision to support the future of digital infrastructure. ”Yondr enhances our existing data centre portfolio and strengthens our ability to support hyperscalers. Together, we are […] Posted by: Deividas Krupstas Read more
Premcor submits plans for 445-home Croydon project Oct 29, 2024 Premcor has submitted plans to develop 445 new homes in Croydon alongside numerous commercial and community spaces. 156 of those homes will be ‘affordable’ in addition to 1,772 sq m of commercial and community space on the ground floor of the project. The project covers 4-buildings the tallest of which being 29 storeys. The others […] Posted by: Deividas Krupstas Read more
Whitbread completes the sale and leaseback of two operational hotels Oct 29, 2024 Whitbread PLC, the UK’s largest hospitality business and owner of Premier Inn, has successfully completed the sale-and-leaseback of two trading Premier Inn hotels. The two hotels achieved a net initial yield of 4.25% across the two properties and returned £56 million for the business. A 30-year term with five yearly CPI reviews (0-4%) was offered […] Posted by: Deividas Krupstas Read more
Government Budget: Major Boosts for Affordable and Social Housing Oct 28, 2024 The Deputy Prime Minister has written to Parliament to set out how this week’s Budget will support both affordable housing and social housing need. This week’s Budget will set out how the Government will deliver more affordable housing and ensure social housing is available for those who need it most. This will include an immediate […] Posted by: Deividas Krupstas Read more
Lidl secures £70 million deal to fund 12 new stores across the UK Oct 28, 2024 Lidl, the German discount supermarket chain, has finalised a significant £70 million sale-and-leaseback deal to fund the forward construction of 12 new stores across the United Kingdom. This landmark agreement supports Lidl’s ambitious expansion strategy in the UK, one of its key markets, as it seeks to increase its footprint and bring affordable, high-quality groceries […] Posted by: Deividas Krupstas Read more
Vistry Group to build 228 new family homes in Sileby Oct 28, 2024 Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, has exchanged contracts on a 28.5-acre site on Barnards Drive in Sileby. The land, with a GDV of £63.2m, is being developed to build 228 much-needed family homes to help combat the need for housing in the area. Situated just beyond Barnards Drive on the […] Posted by: Deividas Krupstas Read more
