Pinnacle Group Expands Affordable Housing Portfolio to 1,000 Homes Aug 20, 2024 Pinnacle Group is enhancing its affordable housing efforts with the addition of 250 new homes, raising its portfolio to 1,000 properties across England and Wales. Developed by Persimmon, these homes will be managed by Pinnacle Spaces, one of Pinnacle’s Registered Providers. This expansion will significantly boost Pinnacle Spaces’ portfolio, reaching approximately 500 homes, with further […] Posted by: Mya Driver Read more
Barratt to Finalise Acquisition of Redrow Amid Competition Review Aug 20, 2024 Housebuilder Barratt is on track to complete its acquisition of rival Redrow later this week, according to a joint statement from both companies. The £2.5 billion all-share deal, initially announced in February, faced scrutiny from the Competition and Markets Authority (CMA), which conducted a Phase 1 investigation starting in March. The CMA’s review focussed on […] Posted by: Mya Driver Read more
Hill Proposes Over 1,600 New Homes for North London Aug 20, 2024 Hill, in collaboration with the United Colleges Group, has put forward a proposal to redevelop a site in North London, aiming to deliver 1,675 new homes. The comprehensive plan, which is currently under review, includes detailed proposals for 1,076 homes spread across 11 buildings ranging from 4 to 28 storeys at a site in Willesden. […] Posted by: Mya Driver Read more
Glasgow’s Portcullis House Site to Become New Student Accommodation Aug 20, 2024 Plans to transform the Portcullis House site in Glasgow’s Charing Cross into a student accommodation complex have been approved by Glasgow City Council, pending certain conditions. The development, named The Àrd, will feature two buildings: a 36-storey tower and a 10-storey structure, providing a total of 784 student beds. Designed by Hawkins\Brown Architects and developed […] Posted by: Mya Driver Read more
Humber Freeport helps to secure £250m investment at key industrial cluster Aug 20, 2024 Humber Freeport has helped to attract yet another major inward investment by playing a key role in securing a £250m development by a world-class business. Mitsubishi Chemical Group UK Ltd, part of one of the world’s largest chemical producers, has committed to invest in a new production line at Saltend Chemicals Park, which is located […] Posted by: Mya Driver Read more
Bedford set for new social housing through £16m scheme Aug 20, 2024 Meeting residential property demand, work has completed on a new social housing scheme in Bedford, which will see the area benefit from 75 affordable homes. The Saxon Park site, located on Dovecote Drive in Biddenham, provides prospective homeowners with flats, as well as terraced and semi-detached 2, 3, 4 and 5-bed homes just three miles […] Posted by: Mya Driver Read more
Green light for Bicester Motion and Skyports’ first UK vertiport testbed to advance electric air taxi industry Aug 20, 2024 Bicester Motion, the 444-acre future mobility estate in Bicester, Oxfordshire and Skyports Infrastructure, the leader in vertiport infrastructure for the advanced air mobility (AAM) industry, have been given the green light to build the UK’s first vertiport testbed for the electric air taxi industry. The application for the new vertiport to be built at Bicester […] Posted by: Mya Driver Read more
Investec extends London PBSA footprint with development loan for 397-bed Stratford scheme Aug 20, 2024 Investec Real Estate has provided a joint venture between Watkin Jones plc, the UK’s leading developer and manager of residential for rent, and Housing Growth Partnership, the Lloyds-backed equity investor, with a development loan to fund the construction of a purpose-built student accommodation (PBSA) scheme in Stratford, East London, with a GDV of c. £120 […] Posted by: Mya Driver Read more
Public Consultation Launched for £230 Million/4,500 home Holt Town Development in East Manchester Aug 19, 2024 Manchester City Council has launched a consultation on the ambitious plans for Holt Town, a new development poised to transform a 74-acre brownfield site between the city centre and Etihad Campus. This project, featuring up to 4,500 new homes, is expected to bring a significant boost to Manchester’s economy and offer a blend of residential, […] Posted by: Mya Driver Read more
Tri7 acquires Manchester Development site for £16 Million Aug 19, 2024 London-based real estate firm Tri7 has acquired the Vision site on Whitworth Street West in Manchester for £16 million. Tri7 aims to revitalise the prime city centre location, which has been vacant for years despite attempts by various developers and investors. Samuel Castle, a partner at Tri7, commented: “10-12 Whitworth Street West is in a […] Posted by: Mya Driver Read more
