£1bn investment secured in North Wales Sep 26, 2024 A major investment of over £1 billion in the redevelopment of Shotton Mill in Deeside, North Wales, will safeguard 147 jobs and create a further 220 when fully commissioned, the UK and Welsh governments have confirmed today. Cabinet ministers from both the UK and Welsh government will visit the historic industrial centre of Wales to […] Posted by: Deividas Krupstas Read more
Blackstone announces £10bn investment into UK AI data centre Sep 26, 2024 Blackstone has confirmed they’ll be investing around £10bn into the UK for an artificial data centre in Blyth, situated in the North East of England. The development will create 4,000 jobs including 1,200 during the construction period – with the project housed on the site formerly outlined for the BritishVolt battery plant which was set […] Posted by: Deividas Krupstas Read more
Plans in for £15m urban park in Aberdeen centre Sep 25, 2024 Aberdeen City Council has submitted plans for their £15m urban park in Queens Street. Central to their regeneration plans for the area – which includes the City Centre and Beach Masterplan – the park will include outdoor seating, performance spaces, terraced garden, sensory garden and more, as well as a strong link across key areas […] Posted by: Deividas Krupstas Read more
Yotel to open £17m Belfast hotel Sep 25, 2024 Yotel has confirmed they’ll be opening their first hotel in Belfast – as they look to expand across Europe. Plans submitted to Belfast City Council highlight their desire to deliver a 165-bed hotel totalling £17m of investment. The hotel is outlined to open in 2026 if planning is secured and works are on time. The […] Posted by: Deividas Krupstas Read more
Planning secured for new Dakota hotel at Manchester Airport Sep 25, 2024 Planning approval has been secured for a new boutique Dakota Hotel at MIX MANCHESTER, adjacent to Manchester Airport. The 154-bedroom hotel is expected to inject approximately £12million per annum to the local economy, with 150 jobs for local people. It has an estimated £60m development value with a gross internal area of 7,835sqm. The hotel […] Posted by: Deividas Krupstas Read more
Developer Zephyr X unveils BtR project in Milton Keynes Sep 25, 2024 Commercial and residential property developer Zephyr X has today announced it has submitted a planning application for a major redevelopment of a prime Milton Keynes site to create 376 high quality build-to-rent (BTR) apartments. The redevelopment of 500 Avebury Boulevard, formerly known as the Allianz offices, in the city centre will see it replaced with a […] Posted by: Deividas Krupstas Read more
LondonMetric acquires six assets in £78m off-market deal Sep 25, 2024 LondonMetric Property has announced the off market acquisition of six single let urban logistics properties for £78.0 million from a FSTE 100 pension fund. The purchase price reflects a blended NIY of 5.8% which rises to 6.9% over the next two years. The Portfolio comprises six high quality properties totalling 526,000 sq ft, located in […] Posted by: Deividas Krupstas Read more
£96 Million Funding Approved for New Liverpool Baltic Merseyrail Station Sep 23, 2024 The Liverpool City Region Combined Authority has approved a £96 million funding package to support the construction of the new Liverpool Baltic Merseyrail station. This transformative investment signifies a major leap forward in enhancing the region’s transport infrastructure, further solidifying the city’s ambitions to improve connectivity and sustainability. The new station will be strategically located […] Posted by: Deividas Krupstas Read more
£200m Crosstree and Bloom Joint Venture launched Sep 23, 2024 Crosstree Real Estate Partners has officially expanded into the industrial and logistics real estate sector through a new £200 million joint venture with Bloom. This marks Crosstree’s debut in the growing logistics market, a sector that continues to thrive amidst strong investor demand. The partnership will focus on identifying industrial real estate opportunities across the […] Posted by: Deividas Krupstas Read more
Nest Launches £1bn Investment Platform for UK BTR Sector Sep 23, 2024 Nest, the government-backed auto-enrolment pension provider, has entered into a groundbreaking partnership with Legal & General (L&G) and Dutch pension fund PGGM to drive substantial investment in the UK’s build-to-rent (BTR) sector. This strategic collaboration will establish a £1 billion investment platform aimed at accelerating the development of high-quality rental properties across the country. The […] Posted by: Deividas Krupstas Read more
