Developer Honey gets funding with OakNorth Bank Funding Apr 17, 2024 Honey, a small to medium-sized enterprise (SME) housebuilder backed by OakNorth Bank, is set to enhance Yorkshire’s residential scene with two new housing schemes in Huddersfield and Maltby. The initiative, supported by a £12.2 million loan from OakNorth, aims to deliver 252 new homes that combine modern style with sustainability. Founded in October 2022 by […] Posted by: Mya Driver Read more
Brantones Group Expands with Acquisition of Two Liverpool Firms Apr 17, 2024 Liverpool-based developer Brantones, known for its work in retirement, affordable, and supported living schemes, has expanded its operations through the acquisition of two local companies, Robwood Construction and Robwood Residential. The announcement was made alongside news of a significant restructure within the company. The two acquired firms were previously owned by Kyriacos Zangoulos, a British […] Posted by: Mya Driver Read more
£23.2B worth of Property Opportunities Coming Apr 17, 2024 The Department for Levelling Up, Housing and Communities (DLUHC) has identified potential sales from approximately £23.2 billion worth of property assets owned by councils. Cities like Birmingham, Nottingham, and Croydon are among those with permission to liquidate assets. The range of assets likely to be put up for sale includes development lands, retail centres, industrial […] Posted by: Mya Driver Read more
Anglian Water Launches Search for Partners in £750M Reservoir Development Programme Apr 17, 2024 Anglian Water has initiated a search for delivery partners to assist in its extensive capital programme over the next 15 years, with contracts amounting to £750 million. The initiative includes the development of two major reservoir projects in the Fens and Lincolnshire, projected to be operational by the mid to late 2030s. Serving regions including […] Posted by: Mya Driver Read more
Russell Group Expands with Acquisition of Coatbridge Rail Terminal Apr 17, 2024 Russell Group, a Scottish logistics firm, has expanded its operations by acquiring the Coatbridge Rail Terminal from Freightliner. This strategic acquisition places the terminal adjacent to Russell Group’s existing Coatbridge facilities, enhancing the company’s network connectivity and service capabilities. The new addition to the Russell Group’s portfolio is expected to offer substantial benefits across various […] Posted by: Mya Driver Read more
Avamore Capital Boosts Bridging Loan Cap to £25m Apr 16, 2024 Avamore Capital has raised the ceiling on its bridging loan size from £7.5 million to £25 million. This strategic enhancement is designed to offer more substantial financial solutions to property developers who need to bridge funding gaps in their projects. Avamore’s development exit bridging loans, known for their customisability, are available with terms ranging from […] Posted by: Mya Driver Read more
Time to get industry moving with return of Pagabo’s FeelGood Games Apr 16, 2024 Following on from a hugely successful second event in 2023, the Pagabo Foundation has announced the return of the Feelgood Games in Leeds on Monday 20 May – with aims to get more property and construction professionals moving and raise more funds than ever before. The popular fundraising event will be kicking off the annual […] Posted by: Mya Driver Read more
South West Pension Funds Channel £230m into Regional Solar Energy Projects Apr 16, 2024 A consortium of Local Government Pension Scheme (LGPS) funds has committed £230 million to solar farm developments across the region. The investment, made through Wessex Gardens Limited Partnership, involves funds from Avon, Cornwall, Devon, Gloucestershire, Oxfordshire, and Wiltshire, focusing on climate-friendly initiatives. This substantial financial input is part of a larger £330 million commitment by […] Posted by: Mya Driver Read more
Harlow’s £20m Arts Quarter Revamp Gets Green Light Apr 16, 2024 Harlow District Council has recently approved a £20 million regeneration plan for the town’s arts quarter, aiming to enhance its appeal as a vibrant cultural hub. The endorsed project, unveiled last Wednesday, includes the construction of a new live performance and music venue adjacent to the Harlow Playhouse, which will also see significant enhancements under […] Posted by: Mya Driver Read more
2500 New Homes & York Central Regeneration to Transform Cityscape Apr 16, 2024 Homes England and Network Rail Property have partnered with McLaren Property and Arlington Real Estate for the York Central project, which is set to be one of the UK’s most extensive urban regeneration efforts. This ambitious initiative will revamp a large brownfield site in York, introducing 2,500 new homes—20% designated as affordable housing—and developing a […] Posted by: Mya Driver Read more
