Multi-million PRS deal a first for Hopkins Homes and Invesco Jan 7, 2025 A £40.6 million deal at an Essex development marks a major milestone for housebuilder Hopkins Homes, part of the untypical group, and Invesco Real Estate, the US$85bn real estate investment manager, as it represents the first ever Private Rental Scheme (PRS) agreement for Hopkins Homes, and the first for Invesco Real Estate in the UK. […] Posted by: Deividas Krupstas Read more
Lambeth launches partnership search to deliver 450 new homes Jan 7, 2025 Lambeth Council’s plans to build desperately needed new affordable homes in the borough are advancing with the search for a new Development Partner set to start this January. Lambeth Council is seeking a single Development Partner to deliver up to 450 new homes, of which at least 150 will be affordable. These will be delivered […] Posted by: Deividas Krupstas Read more
Placefirst Announces Joint Venture with Strata to Deliver Homes in Leeds Jan 7, 2025 Placefirst, a leading build-to-rent developer, has unveiled its first private sector joint venture, marking a significant milestone in the company’s growth strategy. This partnership underscores Placefirst’s commitment to collaborating with quality housebuilders capable of delivering at scale and speed without compromising on long-term value and sustainability for residents. The collaboration will commence with the delivery […] Posted by: Deividas Krupstas Read more
Castleforge and Galaxy Data Centres to acquire Redhill Data Centre Jan 7, 2025 Real estate investor Castleforge in partnership with full-service data centre operator and advisory firm Galaxy Data Centers, announced today the acquisition of Redhill Data Centre with a development value of over £100 million. This partnership marks Castleforge’s entry into the data centre sector, combining their expertise in operational real estate investment with Galaxy Data Centers’ deep industry […] Posted by: Deividas Krupstas Read more
London chosen by Australian firm for first Pod Hotel development in their European expansion Jan 7, 2025 LyLo, part of EVT, has kickstarted the global expansion of its innovative pod hotel concept and has chosen London as the potential location of its first European property. Appointed as sole agent, P-Three, the retail, leisure and placemaking agency, is initially focused on potential sites in Southwark, although other central locations will be considered. LyLo […] Posted by: Deividas Krupstas Read more
Hill Group secures approval for 423 new homes Jan 7, 2025 Housebuilder The Hill Group has secured planning permission for the third and final phase of Marleigh, its vibrant new neighbourhood on the eastern edge of Cambridge. The approved plans will deliver 423 new homes, bringing the total number of homes at the development to 1,391 – establishing Marleigh as a key residential destination for the […] Posted by: Deividas Krupstas Read more
JMK Group Secures £17 Million Loan for Office-to-Hotel Conversion in the City of London Jan 6, 2025 JMK Group, a leading privately-owned hospitality company, has announced a major milestone in its expansion strategy with the acquisition of a £17 million loan facility. The financing will support the transformation of a Grade II-listed office block located off St Clement Lane into a state-of-the-art 185-room hotel. The project, which reflects JMK Group’s commitment to […] Posted by: Deividas Krupstas Read more
Glenbrook Submits Plans for Landmark Residential Development in Manchester City Centre Jan 6, 2025 Leading property developer Glenbrook has officially submitted plans for a transformative residential development on Whitworth Street West, adjacent to the bustling Deansgate Train Station in Manchester city centre. The ambitious project aims to redefine urban living with a striking 44-storey tower that will house 364 high-quality apartments and over 7,750 square feet of dynamic commercial […] Posted by: Deividas Krupstas Read more
Seventy Ninth Group Commit to £250 Million Leisure Property Development Jan 6, 2025 Asset Management company, the Seventy Ninth Group, announce its most significant development to date – pledging hundreds of millions of pounds to develop the Holy Island site, in the proximity of one of Wales and the UK’s most prestigious Areas of Outstanding Natural Beauty. The Seventy Ninth Group has purchased the Penrhos site on Holy […] Posted by: Deividas Krupstas Read more
NewRiver REIT Completes £147 Million Acquisition of Capital & Regional, Creating £2.4 Billion Retail Property Portfolio Dec 12, 2024 NewRiver REIT has announced the acquisition of Capital & Regional in a transformative £147 million transaction. This strategic merger establishes a combined property portfolio valued at £2.4 billion in assets under management, reinforcing NewRiver’s position as a leading player in the UK retail real estate market. The combined portfolio comprises 47 retail assets, including 29 […] Posted by: Deividas Krupstas Read more