Urban&Civic to acquire L&Q Estates from L&Q Group Jul 23, 2024 London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […] Posted by: Mya Driver Read more
Stockport Council Unveils Plan to Build 15,000 New Homes and Protect Green Belt Jul 18, 2024 Stockport Council has revealed an ambitious plan to construct 15,761 new homes by 2041, while also preserving the borough’s green belt. The draft local plan aims to meet 85% of Stockport’s housing needs, with 8,000 homes slated for development in the town centre, predominantly on previously developed brownfield land. Feedback from residents, businesses, and stakeholders […] Posted by: Mya Driver Read more
Nottinghamshire’s Iconic County Hall Redevelopment Opportunity? Jul 18, 2024 Investment and regeneration plans for Nottinghamshire’s iconic County Hall are underway, guided by extensive feedback from residents, businesses, and stakeholders. The County Council’s decision to vacate the historic building next year, due to high maintenance costs, has prompted a new vision for the site. A survey conducted this spring revealed strong support for preserving the […] Posted by: Mya Driver Read more
£400 Million Investment to Revitalise Bloomsbury Jul 18, 2024 The Bloomsbury London Partnership, a consortium of key stakeholders and landowners, has announced a £400 million investment aimed at transforming Bloomsbury into a major destination in the capital. Over the next five years, this collective effort will attract new occupiers, businesses, and visitors to the area. The partnership includes The Bedford Estates, Imperial London Hotels, […] Posted by: Mya Driver Read more
LGPS Investors Commit £150m to Octopus Affordable Housing Fund Jul 18, 2024 Octopus Investments has secured £150 million from four Local Government Pension Scheme (LGPS) investors for its Affordable Housing Fund. This investment aims to address the shortage of affordable homes and provide energy-efficient housing across the UK. The new commitments come from Avon Pension Fund and Gloucestershire Pension Fund, each contributing £50 million, Devon Pension Fund […] Posted by: Mya Driver Read more
Rotherham Council Approves £19.9 Million Redevelopment Plans Jul 18, 2024 Rotherham Council Cabinet has approved updated plans for two projects aimed at transforming Wath and Dinnington. Feedback from the public has been instrumental in refining these plans, which focus on revitalising the cultural heart of both town centres and enhancing public spaces. The £8.9 million project in Wath includes the construction of a new state-of-the-art […] Posted by: Mya Driver Read more
abrdn Acquires Apartments at Springfield Place in Tooting Jul 17, 2024 abrdn has announced the acquisition of 50 new-build apartments at Springfield Place in Tooting, southwest London, on behalf of the South Yorkshire Pensions Authority. The acquisition, facilitated by Newmark Company Gerald Eve, marks a strategic investment into the Private Rented Sector (PRS), aiming to deliver high-quality, energy-efficient rental homes. The apartments, developed by Barratt London, […] Posted by: Mya Driver Read more
ASK Partners Funds Redevelopment of City Road Site in London Jul 17, 2024 ASK Partners (ASK) has provided a loan to support the redevelopment of a mixed-use site on City Road, London. The project is a joint venture between property development company HUB Residential (HUB) and global investment firm H.I.G. Capital (H.I.G.). The funding will facilitate the acquisition of a freehold site comprising three interconnected office buildings near […] Posted by: Mya Driver Read more
Chancerygate sells 275,000 sq ft Aston Clinton and Oldham urban logistics developments to private investor Jul 17, 2024 Chancerygate has sold two urban logistics in developments totalling 275,000 sq ft of Grade A accommodation to a private investor for an undisclosed sum. The developer has sold Vantage 41, which is located in Aston Clinton, near Aylesbury, and Broadway Central in Chadderton, near Oldham. Vantage 41 is a 165,000 sq ft development is located […] Posted by: Mya Driver Read more
Approved: £55m for Central Docks Housing Project Jul 17, 2024 Liverpool City Council has approved a £55m investment from the new Labour government, marking a significant advancement for the Central Docks housing scheme. This funding, part of the Brownfield Infrastructure Land (BIL) grant, aims to rejuvenate the stalled Central Docks project within Liverpool Waters. The initiative, announced by Chancellor Rachel Reeves, positions Liverpool at the […] Posted by: Mya Driver Read more
