Hands set to get his fingers on Kier’s housebuilding arm Apr 6, 2021 Construction giant Kier is reportedly on the brink of selling its housebuilding arm to Guys Hands, the influential private equity founder of Terra Firma Capital. The sale of Kier Living is expected to raise in the region of £120m for a company that reported a pre-tax loss of £225m in its latest set of annual […] Posted by: Mark Flanagan Read more
100% increase in large-scale warehouse construction Apr 6, 2021 The rapid expansion of the logistics industry is reflected in new research released today (April 6) by Knight Frank which reveals twice as much large-scale warehousing will be built this year compared to 2020. According to the leading property consultancy, 40million sqft of new warehouse space in developments larger than 50,000 sqft is scheduled for […] Posted by: Mark Flanagan Read more
Historic Naval club building offers rare Mayfair redevelopment opportunity Apr 6, 2021 A rare Mayfair redevelopment opportunity has arisen with the freehold of The Naval Club building being put up for sale for £35m. Marketed via Gerald Eve or Wetherell, the imposing Grade II listed building (1,595 sqm) is located on a wide and deep corner plot, offering substantial accommodation over six floors. Thirty-eight Hill Street has […] Posted by: Mark Flanagan Read more
Planners approve £500m scheme to transform Southend Mar 31, 2021 The £500m redevelopment of the Queensway area of Southend was approved by the local council last night (March 30). The Better Queensway project, which is a joint venture between Southend-on-Sea Borough Council and Swan Housing Association (Porters Place Southend-on-Sea LLP), is proposing to build 1,760 homes. It is hoped it will also become a catalyst […] Posted by: Mark Flanagan Read more
Travis Perkins boost for CEG’s Nottinghamshire development Mar 31, 2021 Property investors CEG has submitted a detailed planning application to deliver a 1,933 sqm builders merchant facility for Travis Perkins at the Vesuvius retail park in North Nottinghamshire. The proposal will further regenerate this brownfield site and address a live requirement for a new bespoke Travis Perkins facility within Worksop. CEG is currently managing the comprehensive […] Posted by: Mark Flanagan Read more
Quick-fire hat-trick of acquisitions for Network Space Mar 31, 2021 Network Space has completed the purchase of Newfield Industrial Estate near Stoke on Trent, a multi-let industrial investment totalling 125,000 sqft across nine acres. Newfield is occupied by 20 businesses. Tenants include global corporate Air Liquide, together with a number of successful local businesses. This acquisition comes hot on the heels of acquisitions by Network […] Posted by: Mark Flanagan Read more
Town centre regeneration made easier as relaxation of planning rules kicks in Mar 31, 2021 New rules allowing commercial premises to be converted into homes come into force today (March 31) as part of a package of government measures aimed at revitalising England’s high streets and town centres. The new rules, announced by Housing Secretary Robert Jenrick, will help support the creation of residential accommodation while also giving developers the […] Posted by: Mark Flanagan Read more
Three steps forward for Sunderland’s massive Riverside project Mar 31, 2021 Three key elements of Sunderland Council’s flagship Riverside development were approved by planners this week. A £31m smart bridge, 132 new homes – the first of 1,000 planned for the area – and a 650-space multi-storey car park were all given the go ahead at a meeting on Monday. All are due for completion in […] Posted by: Mark Flanagan Read more
Battersea developers hope panoramic lift adventure will add to its pulling power Mar 30, 2021 The company behind the multi-billion-pound Battersea Power Station redevelopment has revealed plans for a unique Chimney Lift experience. Travelling 109 metres up the interior of the North West chimney, it is set to become one of the most unique viewing platforms in London, holding around 30 visitors and will be part of a wider visitor […] Posted by: Mark Flanagan Read more
Troubled Scottish golf complex development heading back to planners Mar 30, 2021 Plans to create a world-class golf resort at the ‘Home of Golf’ in Scotland have been resurrected. Investment consultants GPH Engineering has notified Fife Council they intend to resubmit a planning application to build a multi-million-pound leisure complex on the outskirts of St Andrews. A previous application, granted in 2017, was given to Canadian firm […] Posted by: Mark Flanagan Read more
