Avant Homes acquires site in Mansfield to deliver £90m, 396 new home multi-tenure development Mar 4, 2024 Avant Homes has secured a multi-tenure new homes development site after exchanging contracts on 22-acres of land at Pleasley Hill Farm, Mansfield. Subject to planning, Avant Homes Central will build 396 of its practically designed, energy efficient two-, three- and four-bedroom homes which will have a gross development value of £90m. The housebuilder will be […] Posted by: Mya Driver Read more
Bristol’s Filton Airfield to Transform into £5 Billion Brabazon Housing Development Mar 4, 2024 South Gloucestershire Council has given the green light to YTL Developments for their ambitious plan to construct 6,500 new homes on the historic Filton Airfield, marking a major stride towards creating a new urban quarter in Bristol. The project, named Brabazon after the iconic Brabazon aeroplane built on the site, is set to include the […] Posted by: Mya Driver Read more
£1 Billion Regeneration Plan for Carpenters Estate Set to Provide Over 2,000 Homes Mar 4, 2024 The London Legacy Development Corporation (LLDC) Planning Decisions Committee has recently endorsed a £1 billion regeneration strategy for the Carpenters Estate in London, paving the way for the construction of 2,152 new homes. Spearheaded by Newham Council’s housing company, Populo Living, this project is a significant step towards addressing housing needs in the area, with […] Posted by: Mya Driver Read more
Blackpool Secures £90 Million Investment for Housing Revitalisation Mar 4, 2024 Blackpool has been earmarked for a £90 million funding boost aimed at revitalising the town’s housing infrastructure, a move facilitated by a collaborative effort involving Blackpool Housing Company, Blackpool Council, Homes England, and global commercial real estate firm Avison Young. This investment is set to provide a significant uplift to the housing within the inner […] Posted by: Mya Driver Read more
Elite Commercial REIT Obtains £135 Million for Refinancing and Expansion Efforts Mar 4, 2024 Elite Commercial REIT has secured £135 million in debt facilities from a group of financial institutions, aimed at enhancing its financial structure and supporting growth initiatives. The funding will allow the REIT to refinance existing debts under more advantageous terms, reflecting the financial sector’s trust in Elite’s management and its portfolio of essential social infrastructure […] Posted by: Mya Driver Read more
Andras House acquire Belfast’s ETAP hotel investment Mar 1, 2024 A prominent investment property on Belfast’s Dublin Road, comprising the 146 bed ETAP Hotel, has been sold by CBRE Northern Ireland together with CBRE Hotels Dublin to Belfast’s largest hotel group, Andras House for £7.35 million. The group’s existing portfolio includes Crowne Plaza Belfast; Hampton by Hilton; Ibis Coleraine Riverside; Holiday Inn Belfast City Centre; […] Posted by: Mya Driver Read more
Interbay Secures £8.2 Million Re-mortgage Deal for Brentwood Property Mar 1, 2024 In a recent financial move, Interbay has successfully finalised an £8.2 million re-mortgage for a mixed-use property located in Brentwood, Essex. The property, comprising 19 units with seven commercial spaces on the ground floor and 12 residential flats above, represents a strategic blend of business and living spaces within the community. The transaction was facilitated […] Posted by: Mya Driver Read more
£16 Million Refurbishment Loan Boosts London Student Housing Project Mar 1, 2024 Fiduciam has recently finalised a £16 million financing deal aimed at transforming a London property into desirable student accommodation. This funding arrangement combines acquisition and refurbishment financing, enabling significant upgrades before the property is occupied by university students. A seasoned real estate investment group, known for revitalising underperforming assets, is at the helm of this […] Posted by: Mya Driver Read more
Thorpe St Andrew to Welcome 550 New Homes Amid Revised Development Plans Mar 1, 2024 In an update to Thorpe St Andrew’s housing landscape, revised plans now earmark the development of 550 homes across the Pinebanks, Langley North, Langley South, and Griffin Lane sites. This development comes after a thorough review process, aimed at integrating community feedback and environmental considerations into the project’s blueprint. Originally proposed for a higher number […] Posted by: Mya Driver Read more
UKCM agrees £14.5 million sale of Bristol office building to Tri7 Mar 1, 2024 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has sold its 67,000 sq ft office building in Temple Quay, Bristol, to Tri7, a value-add real estate investment and asset management firm. 2 Rivergate in Temple Quay, Bristol, has been sold for £14.5 million, which is in line with the […] Posted by: Mya Driver Read more
