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
British Land and AustralianSuper partner with King’s College London to promote science and technology innovation at Canada Water Jul 8, 2024 Joint venture partners British Land and AustralianSuper have signed a Memorandum of Understanding (MoU) with King’s College London (King’s) – a top 10 UK ranked university – aimed at establishing a dedicated science and technology innovation campus at Canada Water. The Zone 2 London destination is undergoing a 53-acre transformation, the most significant of its […] Posted by: Mya Driver Read more
Avant Homes acquires site to deliver £66.5m 300 new home development Jul 8, 2024 Avant Homes acquires site to deliver £66.5m 300 new home development. Subject to planning, Avant Homes will build 300 of its practically designed, energy efficient two-, three- and four-bedroom homes, which will have a gross development value of £66.5m. The proposed development, located on land off Thurnscoe Bridge Lane, Thurnscoe. will comprise 13 of Avant […] Posted by: Mya Driver Read more
Plans for New Commercial Space at Manchester’s 77-79 Mosley Street Jul 8, 2024 Architect Atelier MB has applied for planning and listed building consent on behalf of Biz Assets to transform the empty premises at 77-79 Mosley Street, Manchester. If approved by Manchester City Council, the proposals would create 21,500 sq ft of commercial space, with 13,000 sq ft designated for offices and nearly 9,000 sq ft for […] Posted by: Mya Driver Read more
“The Big Ask”: What Do You Want from the New Government? Jul 8, 2024 As the dust settles after an epic UK election, UKREiiF has gathered opinions from key figures across the UK’s built environment sector to answer a simple question: ‘What is your ask of this new government?’. We gathered the thoughts of experts from various sectors, including housing, construction, investment, logistics, and more, for their take on […] Posted by: Mya Driver Read more
Northern Group Acquires 19 Spring Gardens in Manchester City Centre Jul 4, 2024 Northern Group has expanded its commercial portfolio by acquiring the 37,000 sq ft office building at 19 Spring Gardens, Manchester. The deal was completed for an undisclosed amount, though Land Registry records show that BNP Paribas purchased the building for £13 million in 2015. CBRE acted as the agent for Northern Group, with OBI and […] Posted by: Mya Driver Read more
Great Portland Estates Reports Robust Leasing Activity and Strategic Acquisitions Jul 4, 2024 Great Portland Estates plc (GPE) has released a trading update for the quarter ending 30 June 2024, showcasing continued robust leasing demand and strategic growth initiatives. Despite a nearly full portfolio, GPE signed new leasing deals worth £4.3 million during the quarter, exceeding the valuer’s Estimated Rental Value (ERV) by 7.7%. This performance supports the […] Posted by: Mya Driver Read more
