Salboy and DOMIS Unveil New £84.5 Million Residential Tower in Manchester’s Greengate Area Apr 18, 2024 Salboy Group, in partnership with construction firm DOMIS, has announced the launch of a new £84.5 million residential development in Manchester’s Greengate district. This marks the duo’s tenth development in central Manchester over the past seven years. Named Obsidian, the project features a 26-storey tower which will house 250 residential units. The breakdown includes 30 […] Posted by: Mya Driver Read more
Palace Capital Reports Active Property Disposals for £15.3 million Apr 18, 2024 Palace Capital plc (LSE: PCA) has released an update regarding its recent property disposals and debt reduction efforts since its last announcement on 7 February 2024. The company has successfully sold five investment properties for a total of £15.3 million. These transactions, which include notable properties like Kiln Farm in Milton Keynes and Sandringham House […] Posted by: Mya Driver Read more
Hilton Expands Lifestyle Hotel Portfolio with Acquisition of NoMad Apr 18, 2024 Hilton has announced the acquisition of the NoMad hotel brand, significantly enhancing its lifestyle hotels division. This strategic addition follows the company’s recent acquisition of Graduate Hotels, reinforcing its focus on the boutique and lifestyle hotel segment. The NoMad brand was developed by the Sydell Group, known for its innovative approach to hospitality, encompassing lodging, […] Posted by: Mya Driver Read more
Regent Acquisitions Limited Set to Buy TClarke for £90.56 Million Apr 18, 2024 Regent Acquisitions Limited has agreed to a £90.56 million cash offer to acquire TClarke, a major player in the UK’s building services sector. This deal encompasses the entire issued and to be issued share capital of TClarke, valuing the company’s shares at approximately £90.56 million. Established in 1995 and led by CEO Deep Valecha, the […] Posted by: Mya Driver Read more
South Gloucestershire Council Set to Approve Over 20,000 New Homes by 2040 Apr 18, 2024 The leader of South Gloucestershire Council has outlined a plan to address the housing shortage in the district by setting the stage for the construction of over 20,000 new homes by 2040. This ambitious plan includes developing more than 7,000 homes on previously undeveloped land. The emerging Local Plan details the allocation of these new […] Posted by: Mya Driver Read more
Aberdeen’s Annan House Acquired by Israeli Firm for £32 Million Apr 18, 2024 In a noteworthy transaction, an Israeli investment company has completed the purchase of Annan House in Aberdeen, sealing the deal at £32 million, a figure considerably less than the original £42 million asking price. Situated in the North Dee Business Quarter, the 120,000 square foot office block had been on the market since last year, […] Posted by: Mya Driver Read more
North Somerset launches Consultation for Local Plan Apr 18, 2024 North Somerset Council is undertaking another round of consultation on its draft Local Plan. This is set to take place during the summer. The council began preparing a new Local Plan for North Somerset in 2020. This document identifies where development can and cannot take place in the area, and guides investment for new housing, […] Posted by: Mya Driver Read more
City Corporation resolves to grant permission for London Wall West development proposals Apr 17, 2024 The City of London Corporation Planning Applications-Sub Committee has, today, resolved to grant permission for the redevelopment of the 140 and 150 London Wall sites, known as Bastion House and the former Museum of London. With employment in the City projected to rise significantly in the coming years, the scheme will deliver around 56,000 sqm […] Posted by: Mya Driver Read more
Land at King’s Lynn to Barratt and David Wilson Homes to provide 574 homes Apr 17, 2024 National property consultancy, Carter Jonas, acting on behalf of a private landowner client, has completed the sale of a residential development site at King’s Lynn to Barratt Homes. This follows Carter Jonas having obtained planning consent on behalf of the developer in November 2023. The 38.2 hectares (94.39 acres) site, known as Knight’s Hill, will […] Posted by: Mya Driver Read more
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
