Approval Granted for Major 600 Housing Development in Wembley Oct 18, 2024 A major housing development at 1-22 Brook Avenue in Wembley, London, has been granted approval by the local planning committee. The unanimous decision marks a significant milestone for the project, which will deliver 600 new homes across four buildings, with heights reaching up to 16 storeys. Located north of Wembley Stadium, the development will be […] Posted by: Deividas Krupstas Read more
National Wealth Fund, Barclays UK Corporate Bank and Lloyds Banking Group join forces to unleash £1 billion to retrofit social housing Oct 18, 2024 The NWF has announced financial guarantees that will see Barclays UK Corporate Bank and Lloyds Banking Group deliver £1 billion of funding to accelerate the retrofit of social housing in the UK. Barclays UK Corporate Bank and Lloyds Banking Group will each deliver £500 million of lending to the market that has been enabled by […] Posted by: Deividas Krupstas Read more
Cain partners with Olympian Homes to expand PBSA platform with St James House redevelopment in Bristol Oct 18, 2024 Cain International (‘Cain’), the alternative asset manager specialising in real estate investment solutions, announced its acquisition and redevelopment plans for St James House in partnership with UK based real estate Developer, Olympian Homes. The scheme, set to be the tallest in Bristol at 28 storeys, will provide 574 beds and bring Cain’s Purpose-Built Student Accommodation […] Posted by: Deividas Krupstas Read more
Crosstree Real Estate Partners and Bloom Secure £29m Loan Oct 17, 2024 Crosstree Real Estate Partners and Bloom have secured a £29 million loan to fund the repositioning of the Fairview Business Centre, a multi-let industrial estate in Hayes, west London. This marks the first acquisition under their newly formed joint venture, which is focused on transforming industrial and logistics properties, with an emphasis on last-mile logistics. […] Posted by: Deividas Krupstas Read more
Noventa Energy acquires innovative heat from wastewater assets from Scottish Water Horizons Oct 17, 2024 Noventa Energy (Noventa), a leading provider of decarbonised heating and cooling solutions, has acquired three innovative heat from wastewater assets from Scottish Water Horizons, located in Glasgow, Stirling and Campbeltown. These assets, the first of their kind in the UK, will be partially repowered to benefit from Noventa’s proprietary, world-leading technology to reduce emissions and […] Posted by: Deividas Krupstas Read more
The Leonardo Hotel at London Heathrow Airport Goes on the Market for £30 Million Oct 17, 2024 The Leonardo Hotel at London Heathrow Airport, a premium four-star property, has been put up for sale with a guide price of £30 million. Located near one of the world’s busiest airports, this sale presents a prime investment opportunity in London’s dynamic hospitality sector. Refurbished in 2020, the hotel offers 230 en suite bedrooms, a […] Posted by: Deividas Krupstas Read more
Last Energy unveils £300m micro-modular nuclear power plant scheme in Wales Oct 16, 2024 Last Energy, a pioneering US-based start-up, has unveiled plans to develop a series of micro-modular nuclear power plants in South Wales, representing a substantial investment in the UK’s nuclear energy sector. The £300 million ($366 million) project will see the construction of four 20 MWe micro-modular nuclear units, delivering a total capacity of 80 MWe, […] Posted by: Deividas Krupstas Read more
Whitbread Sells 51 Restaurants for £56 Million Oct 16, 2024 Whitbread, the parent company of Premier Inn, has completed the sale of 51 restaurants for a total of £56 million. This move is a critical part of Whitbread’s broader cost-cutting and restructuring strategy aimed at streamlining its operations and focusing on more profitable ventures, particularly its Premier Inn hotel brand. Earlier this year, Whitbread announced […] Posted by: Deividas Krupstas Read more
Planning consent secured by Legal & General for £750m hyperscale data centre Oct 16, 2024 Legal & General (‘L&G’), specialist digital infrastructure investment firm Goldacre, and data centre development partner sineQN, announce planning has been approved for a £750m sustainable, urban hyperscale data centre investment located in the London Borough of Newham. The development is expected to contribute £88m to Newham’s GVA (gross value added), creating over a thousand skilled […] Posted by: Deividas Krupstas Read more
Citra Living Acquires 821 Homes from Gatehouse Living Group Oct 16, 2024 Citra Living, a subsidiary of Lloyds Banking Group, has completed the acquisition of 821 rental homes from Gatehouse Living Group. The property deal, finalised on October 16, 2024, includes homes across Greater Manchester, Merseyside, and the West Midlands, spread over nine schemes that were originally completed in 2018. This acquisition marks a significant expansion of […] Posted by: Deividas Krupstas Read more
