Ediston in £1bn build deal to develop 11,000 homes in Scotland May 18, 2021 Business tycoon Lord Willie Haughey plans to spend more than £1bn on building 11,000 homes affordable homes in Scotland over the next nine years – and his Glasgow based company City Facilities Management Holdings has formed a partnership with property group Ediston to bring forward the plans. He said the plan would reduce rental costs […] Posted by: Nathan Spencer Read more
Progress on £25m Rushbond & Advent Developments Stonebridge Mills project May 17, 2021 Caddick Construction have started work on a key brownfield residential scheme to deliver 112 homes on the site of the former Stonebridge Mills in Farnley, Leeds, on behalf of developers Rushbond Plc and Advent Developments. The £25m project called Stonebridge Beck and located on Stonebridge Lane includes 82 contemporary style, new build, homes as well […] Posted by: Nathan Spencer Read more
Mixed-use developer, Montreaux, expands development team May 17, 2021 Successful mixed-use developer, Montreaux, recently expanded its team with the appointment of new Development Manager, John English. With a strong background from within the industry – including a degree in Land Management from Reading University, and ten years at Broadhaven Estates overseeing the Planning and Acquisition team – John will no doubt make a valuable […] Posted by: Nathan Spencer Read more
Crest Nicholson unveils new development in Godalming – Surrey May 17, 2021 Award-winning housebuilder, Crest Nicholson, has launched a collection of three and four bedroom houses and one and two bedroom apartments at its brand new development, Catteshall Court, in Surrey. Located in the picturesque market town of Godalming, on the banks of the River Wey, Catteshall Court is perfect for first time buyers and families looking […] Posted by: Nathan Spencer Read more
SEGRO publishes its green finance framework May 17, 2021 SEGRO has published its Green Finance Framework, building on the Responsible SEGRO strategy launched in February 2021. The Framework, which applies to SEGRO, its subsidiaries and joint ventures including SEGRO European Logistics Partnership, integrates financial strategy with the Responsible SEGRO commitments. The Responsible SEGRO strategy has three central commitments: Championing low-carbon growth Investing in our […] Posted by: Nathan Spencer Read more
Long Harbour strengthens its multi-family investment platform with strategic senior appointment May 17, 2021 Long Harbour, the specialist real estate investment, development and management firm, has appointed Richard MacDowel as Capital Solutions Director as part of the firm’s ongoing expansion in the Build to Rent (BtR) sector through its Multi Family Investment (“LHMF”) investment platform. Richard joins Long Harbour from Lone Star-backed property company and BtR operator, Quintain. In […] Posted by: Nathan Spencer Read more
Lendlease gets on board with UKREiiF May 15, 2021 Lendlease’s European Managing Director for Development Bek Seeley has joined the Advisory Group of the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF). In her current role with Lendlease Bek is responsible for leading the Development business to successfully deliver Lendlease’s European pipeline including the Over-Station Development at Euston, Thamesmead Waterfront, Birmingham Smithfield, Elephant Park, […] Posted by: Nathan Spencer Read more
Ambitions plans for a new Canal Quarter in Cardiff to ‘play major part’ in economic recovery May 14, 2021 Ambitious plans for a new Canal Quarter in Cardiff could play a major part in helping the city recover and renew itself after the pandemic. A masterplan for the area has been drawn up by the council which reimagines the east of the city centre as a vibrant and bustling district – able to deliver […] Posted by: Nathan Spencer Read more
Mailbox REIT becomes first company to have shares admitted to trading on new property focused stock exchange May 14, 2021 The Board of Mailbox REIT, a single asset REIT which owns the Mailbox, a large prime office-led mixed use property in Birmingham, is pleased to announce that dealings in its ordinary shares will commence at 0900 today on the International Property Securities Exchange (“IPSX”) under the ticker ‘MBOX’. Mailbox REIT will become the first company […] Posted by: Nathan Spencer Read more
LondonMetric Property continues growth with acquisition of three urban logistics warehouses May 14, 2021 LondonMetric Property Plc (“LondonMetric”) announces the acquisition of three urban logistics warehouses in Croydon, Dunstable and Warrington for £18.7 million, reflecting a blended NIY of 4.3% and a reversionary yield of 5.3%. The warehouses have been acquired in separate transactions and have a WAULT of five years. In Croydon, a highly reversionary 28,000 sq ft […] Posted by: Nathan Spencer Read more