Wavensmere Homes Launches £10m Short-term Rental Facility at Nightingale Quarter, Derby Apr 15, 2024 Wavensmere Homes has launched ‘Covo’ a £10m short-term rental operation within the newest apartment building to complete at its £175m Nightingale Quarter development in Derby city centre. Bookings are being taken for stays of two nights or longer via a dedicated online portal. Comprising all 52 apartments within the six-storey red brick Hardwick House – […] Posted by: Mya Driver Read more
Leeds Set for 502 Homes as Part of New Aire Park Development Apr 15, 2024 Leeds is on the brink of a major urban transformation with the redevelopment of the former Tetley Brewery site into the new Aire Park, featuring a striking 28-storey tower block among its proposed new structures. This development is part of a broader plan to introduce 502 homes, complemented by a multi-storey car park and multiple […] Posted by: Mya Driver Read more
AEW UK Core Plus Property Fund acquires Northgate House in Reading for £8 million Apr 15, 2024 AEW, one of the world’s leading real estate investment and asset managers, announces the acquisition, on behalf of the AEW UK Core Plus Property Fund (the “Fund”), of Northgate House on Valpy Street, Reading, for £8 million from a private property company. The c. 66,000 sq ft town centre office building is arranged over basement, […] Posted by: Mya Driver Read more
Aldermore provides additional bridging facility to Manchester based specialist lender Apr 15, 2024 Aldermore bank has provided an increase to its already multi-million pound block bridging facility to SDKA, which will provide the funding they need to continue to accelerate their growth plans. Established in 2016, SDKA is a principle, specialist lender offering short-term bridge finance secured against residential, mixed-use and commercial properties across England, Scotland and Wales. […] Posted by: Mya Driver Read more
South Staffordshire Council Plans for 4,086 New Homes in Strategic Local Plan Apr 15, 2024 South Staffordshire Council has outlined a strategic Local Plan targeting the development of 4,086 new homes, concentrating on areas with excellent access to services and transportation. The initiative prioritises “tier one” settlements, which are identified as having the greatest access to facilities and are within walking distance of a train station. The council’s approach follows […] Posted by: Mya Driver Read more
Balanced Commercial Property Trust Up for Sale in New Strategic Review Apr 15, 2024 The Balanced Commercial Property Trust (BCPT), valued at £554 million, has announced it is exploring sale options as part of a comprehensive strategic review aimed at boosting returns and correcting a 28.5% discount on its share price. This significant step is disclosed just two months before a pivotal continuation vote. Amid challenging economic conditions and […] Posted by: Mya Driver Read more
UKREiiF announces ticket deadline Apr 15, 2024 With Tickets sales at record levels, UKREiiF have announced that all ticket discounts will end this Friday night, April 19th. Since its inception in 2022, the Leeds event is now the UK’s most popular Real Estate and Property Investment forum with ticket sales for 2024 predicted to go well above 10 000 attendees. In 2023, […] Posted by: Mya Driver Read more
Briar Homes Gains £7.3m Support to Boost Scottish Housing Development Apr 12, 2024 Glasgow-based housebuilder Briar Homes has received a substantial financial boost of £7.3 million from the Bank of Scotland and the Housing Growth Partnership (HGP) to further its housing projects across Scotland. This funding is set to kickstart the development of 310 new homes, which includes 66 affordable units, addressing the urgent need for more housing […] Posted by: Mya Driver Read more
Mapletree Expands UK Student Housing Portfolio with £1 Billion Acquisition Apr 12, 2024 Mapletree Investments has significantly expanded its footprint in the UK student accommodation market through a £1 billion acquisition of 31 student housing assets and an operating platform from Cuscaden Peak Investments. This deal increases Mapletree’s UK student housing portfolio to over 17,000 beds, reinforcing its status as one of the major players in the sector. […] Posted by: Mya Driver Read more
Shurgard Set to Expand UK Operations with £378m Acquisition of Lok’nStore Apr 12, 2024 Shurgard has announced its acquisition of rival Lok’nStore in a deal valued at £378 million. This acquisition is set to double Shurgard’s presence in the UK, adding significant capacity and market reach. Lok’nStore, which launched in 1995 and is listed on the AIM, operates 43 self-storage facilities across England and Wales in key locations including […] Posted by: Mya Driver Read more
