Infinium secures prime site in West Thurrock, East London, for EV FleetHub development Aug 6, 2024 Infinium Logistics, the European asset management and energy transition specialist, announces that it has completed the acquisition of two adjoining sites in West Thurrock for C.£15 million. The acquisition includes two adjacent off-market sites totalling over four acres, located on Motherwell Way in West Thurrock, a prime industrial area east of London, near Lakeside Shopping […] Posted by: Mya Driver Read more
Sunderland shopping centre acquired by Evolve Estate Aug 6, 2024 Evolve Estates has acquired The Bridges Shopping Centre in Sunderland. The 595,000 sq ft retail destination is home to 100 high street names such as Primark, Next, JD, a food and beverage court and a 938-scace car park. Joe O’Keefe, Co-Founder at Evolve Estates, said: “The acquisition of The Bridges Shopping Centre reflects our commitment […] Posted by: Mya Driver Read more
Cain establishes new £65M credit facility with Lovett Care Aug 5, 2024 Cain International (‘Cain’), a privately held firm specializing in real estate investment solutions, via its Fortwell credit strategy, has agreed a £65M revolving credit facility with Lovett Care, a fully integrated UK care home operator. This facility will finance a pipeline of new care homes across the UK, starting with three in the South of […] Posted by: Mya Driver Read more
Legal & General’s affordable housing strategy grows to £280m following GMPF investment Aug 5, 2024 Legal & General (L&G) today announces that it has secured a further £150m in commitments for its UK affordable housing strategy, following the recent launch of the Legal & General Affordable Housing Fund, bringing total commitments to the strategy to date to £280 million. The bulk of this new capital comes from Local Government Pension […] Posted by: Mya Driver Read more
Construction begins on £10m development as Melton West continues to grow Aug 5, 2024 Construction has begun on the latest development at the thriving Melton West business park in East Yorkshire. The £10m Evolve @ Melton West development will create 85,000 sq ft of prime commercial space for growing companies, in one of the most sought-after business locations in the region. Set within the wider Melton West site, west […] Posted by: Mya Driver Read more
Housebuilder Honey submits plans to deliver £53m, 184 home development in Doncaster Aug 5, 2024 Housebuilder Honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to deliver a £53m, 184-home development. The proposed site, which will be called Opal, is located off Cammidge Way and is adjacent to Bawtry Road. Subject to planning, Opal will comprise a mix of two-, three- and four-bedroom homes and […] Posted by: Mya Driver Read more
Denbighshire Council Advances Multi-Million-Pound Development Plans for Rhyl and Ruthin Aug 1, 2024 Denbighshire County Council is moving forward with plans for extensive development in Rhyl and Ruthin, supported by substantial funding from the UK Government. The projects, aimed at revitalising key areas in both towns, include a variety of infrastructure and public space enhancements. In Ruthin, improvements are planned for St Peter’s Square, Market Street, and Cae […] Posted by: Mya Driver Read more
PLATFORM_ Acquires Prime Bristol Site for New Build to Rent Development Aug 1, 2024 PLATFORM_, a prominent Build to Rent developer, investor, and operator, has acquired a prime riverside site in the heart of Bristol. Located on Eugene Street, just a five-minute walk from Cabot Circus and overlooking the River Frome, the development will feature over 300 new homes. This acquisition is part of the Bristol City Council’s Frome […] Posted by: Mya Driver Read more
Cala Acquires Major Development Site on Glasgow’s Southside Aug 1, 2024 Cala Homes has secured nearly six acres of land on Glasgow’s southside, previously an industrial site, to build over 250 homes. The 5.87-acre plot in Cathcart, once home to ClydeUnion Pumps, was purchased from the US firm Celeros Flow Technology. The new development, named The Foundry, will feature a mix of one, two, and three-bedroom […] Posted by: Mya Driver Read more
Opportunity: Partners Sought for Major Redevelopment at Morecambe’s Frontierland Site Aug 1, 2024 Lancaster City Council is seeking business partners to redevelop the former Frontierland site on Marine Road Central in Morecambe. The council invites bids from commercial leisure, hospitality, and mixed-use developers to transform the seafront location into a vibrant leisure and hospitality destination. This redevelopment aims to leverage the anticipated influx of visitors from Eden Project […] Posted by: Mya Driver Read more