NUMA Group Acquires UK-Based Aparthotel Brand Native Places Jul 9, 2024 European hospitality group NUMA has acquired the UK-based lifestyle aparthotel and serviced apartment brand Native Places, expanding its portfolio by 800 new units. The acquisition from Native Holdings, for an undisclosed amount, includes Native Aparthotels with properties in London, Manchester, Edinburgh, and Glasgow, as well as The Apartment Collection’s ten serviced apartments in London. Berlin-based […] Posted by: Mya Driver Read more
Trebor has entered into contract to purchase a new off-market site at Martland Park, Wigan and submitted planning Jul 9, 2024 Trebor has entered into contract, in an off-market deal, to purchase a 7.30 acre site at Martland Park, Wigan. Outline Planning Permission was granted in March 2023 and Trebor has now submitted a Reserved Matters application. If the application is approved a high quality logistics unit offering 101,805 sq ft will be developed on a […] Posted by: Mya Driver Read more
Plan to accelerate ambitious city centre regeneration goals Jul 9, 2024 A plan to accelerate Wakefield’s ambitions to regenerate parts of the city centre and attract investment is to be discussed by Cabinet members. Senior councillors meeting on 16 July will be asked to support the Council’s intention to seek a Strategic Regeneration Partner to work with the Council and partner organisations to deliver the vision. Cllr Michael […] Posted by: Mya Driver Read more
‘Once-in-a-Generation Transformation’ of Bath City Centre Development Approved Jul 9, 2024 A massive redevelopment of Bath’s Avon Street Car Park has received final approval, heralding a transformative era for the city centre. The Bath Quays North project will see the creation of a vibrant new district, complete with shops, office spaces, a hotel, and various leisure facilities. The project will feature over 16,000 square metres of […] Posted by: Mya Driver Read more
Vabel Secures £48.3m OakNorth Loan for Queensway Development Jul 9, 2024 Vabel has secured a £48.3m loan from OakNorth to develop a mixed-use scheme in Queensway, west London. The project will feature 27 residential apartments, landscaped communal gardens, and 251 sqm of retail space at ground level, with completion scheduled for the fourth quarter of 2025. All Vabel developments incorporate energy-saving features, including LED lighting, solar […] Posted by: Mya Driver Read more
Public Consultation Opens for St Helens Glass Works Regeneration Jul 9, 2024 Residents of St Helens are invited to share their views on the proposed redevelopment of the former Watson Street glass works site. This 30-acre site is being considered for a mixed-use development as part of the Liverpool City Region Life Science Investment Zone, with plans for 600 to 700 homes and commercial, R&D, and industrial […] Posted by: Mya Driver Read more
Wavensmere Homes Seeks Midlands Brownfield Land to Ramp Up to 1,000 Homes Per Annum Jul 8, 2024 Wavensmere Homes is seeking brownfield development opportunities in excess of three acres within city centres and towns across the Midlands. The Birmingham-headquartered firm – which currently has 3,500 plots in production or planning – is gearing up to deliver 1,000 new homes per annum, in order to double turnover to circa £250m. Established in 2015, […] Posted by: Mya Driver Read more
Fiera Funds £77m for Student Accommodation Projects in South East London Jul 8, 2024 Fiera Real Estate Debt Strategies has completed a £77 million senior investment loan to refinance two newly developed student accommodation projects in South East London. The loan supports YourTRIBE Student Housing’s 250-bed scheme in South Bermondsey and a 267-bed scheme in Peckham, both equipped with amenities such as a gym, roof terrace, and study areas. […] Posted by: Mya Driver Read more
Unite Students’ Development Pipeline Valued at £2.9 Billion, Boosting Future Growth Jul 8, 2024 Unite Students, a leading provider of student accommodation, forecasts a seven per cent rise in rental revenues for the 2024/25 academic year, supported by a robust development pipeline valued at £2.9 billion. The Bristol-based company expects to achieve 98-99 per cent occupancy, reflecting strong demand from both domestic and international students. With planning approval for […] Posted by: Mya Driver Read more
Altermo Real Estate Gains £18 Million to Enhance Property Acquisitions Jul 8, 2024 Altermo Real Estate has strengthened its ability to purchase residential properties in the UK with an £18 million cash injection. The move aims to bolster the company’s market presence and expand its residential property investment portfolio. The cash boost comes at a time when the UK residential property market remains robust despite economic uncertainties. With […] Posted by: Mya Driver Read more