Saudi and French Groups to Acquire 38% Stake in Heathrow Jun 17, 2024 Saudi Arabia’s sovereign wealth fund and a French private equity group are set to acquire a 38% stake in Heathrow, London’s busiest airport, according to an announcement made last Friday. FGP Topco Limited, the consortium owning Heathrow, is led by Spanish infrastructure giant Ferrovial, which currently holds a 25% stake in the airport. In November, […] Posted by: Mya Driver Read more
UKREiiF advisory group member Jen Hartley receives MBE in honours list Jun 17, 2024 Jen Hartley, Director of Invest Newcastle at NewcastleGateshead Initiative (NGI), has been recognised in the King’s Birthday Honours List 2024 with an MBE. She has been awarded by His Majesty the King for the honour of Member of the Order for the British Empire for services to Business and Trade. For more than 15 years, […] Posted by: Mya Driver Read more
Planning application submitted for major east London estate regeneration Jun 17, 2024 A planning application has been submitted for the regeneration of the Teviot Estate in Poplar, East London. The £800 million redevelopment by The Hill Group and Poplar HARCA will provide around 1,900 new homes with 35% affordable, over four phases. This will be complemented by new open green and play spaces, shops, community and faith […] Posted by: Mya Driver Read more
S. Notaro signs Welcome Break for new 93-acre industrial/warehouse scheme in Somerset Jun 17, 2024 S. Notaro, together with leading commercial property developer, Stoford, have announced the first occupier at a new 93-acre industrial/warehouse scheme near Bridgwater, Somerset. Welcome Break has agreed terms to acquire a 10-acre plot at Notaro Park for the development of a new service station adjacent to Jct 24 of the M5. Stoford is the lead […] Posted by: Mya Driver Read more
Firethorn Trust adds landmark London site to Living portfolio Jun 17, 2024 Real estate investor, developer and asset manager, Firethorn Trust, has purchased One Bessborough Gardens, SW1, in an off-market deal. Situated in the City of Westminster, London, the 70,000 sq. ft. asset has been acquired from Charles Street Building Group for an undisclosed sum. A prominent four-storey office building overlooking the Gardens and the Thames, One […] Posted by: Mya Driver Read more
Darlington Unveils Major Regeneration Plans for Town Centre Jun 14, 2024 Darlington Council has revealed comprehensive regeneration plans for the town centre, focusing on residential, mixed-use, and office-led commercial developments across Kendrew Street, East Street, and Commercial Street. The initiative aims to attract investors and businesses by showcasing Darlington as a prime location. The council also seeks a private development partner to bring expertise to the […] Posted by: Mya Driver Read more
£54m Regeneration Approved for East Barnwell, Cambridge Jun 14, 2024 Cambridge City Council has approved a £54 million redevelopment project for East Barnwell, one of the city’s most promising areas. The scheme will see the construction of 120 new council homes, a new library, and a community centre. The regeneration will transform the Newmarket Road junction area, with existing buildings, including the Abbey Bowls Club, […] Posted by: Mya Driver Read more
City of Edinburgh Council Approves 700 Home Meadowbank Housing Development Jun 14, 2024 The City of Edinburgh Council has approved plans for the construction of over 700 new homes in the area surrounding Meadowbank Sports Centre. The project, described as a “transformational redevelopment” by the council, is being developed in collaboration with the Edinburgh-Meadowbank (EDMB) Consortium. The consortium, comprising Graham, Miller Homes, and Panacea Property Development, was appointed […] Posted by: Mya Driver Read more
450 Homes for South Epping Development Masterplan Jun 14, 2024 Epping Forest District Council’s local plan mandates a masterplan to guide future development in South Epping. The South Epping Developer Consortium, comprising Barwood Land, Bellway Homes, Landvest Developments, and Mount Street Developments, is drafting this plan in collaboration with Epping Forest District Council (EFDC) and Essex County Council. The masterplan includes: – A minimum of […] Posted by: Mya Driver Read more
UK Infrastructure Bank invests £165m in Highview Power Jun 14, 2024 The UK Infrastructure Bank has invested £165 million in Highview Power to support with the construction of a liquid air energy storage (LAES) plant in Carrington, Greater Manchester. The long duration storage facility will provide capacity of 300 MWh, with an output power of 50 MWs per hour for 6 hours. The investment demonstrates the […] Posted by: Mya Driver Read more
