£Billions of development set for Greenbelt Lands in England Aug 7, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver Read more
TSP continues flex platform expansion with c£6m acquisition of 79 Clerkenwell Road Aug 7, 2023 TSP, the real estate investor and asset manager, has acquired 79 Clerkenwell Road from La Salle IM, in a £5.75m transaction. The acquisition, financed by Investec Bank Plc, will contribute to the expansion of TSP’s flex platform, a portfolio of sustainable commercial offices offering flexible workspace to small- and medium-sized business in London. The 10,000 […] Posted by: Mya Driver Read more
LCP acquires dominant Grimsby retail park Aug 7, 2023 National commercial property and investment company LCP, part of M Core, has taken ownership of the largest retail warehouse scheme in Grimsby. It has acquired Alexandra Retail Park, Alexandra Road, for an undisclosed sum from an institutional vendor, as part of its proactive acquisition drive in shopping parades, centres and retail parks across the country. […] Posted by: Mya Driver Read more
Hines submits proposal for new mixed use destination in Bankside, central London Aug 7, 2023 Hines, a global real estate investment, development and property manager, working with architects Foster + Partners and consultants Lipton Rogers Developments, has submitted a planning application for a mixed-use project to develop 18 Blackfriars Road. The site sits in close proximity to the River Thames and is set among some of London’s best loved cultural […] Posted by: Mya Driver Read more
New JV for Urban Splash and Glenbrook – as the pair plan a new green neighbourhood in Milton Keynes Aug 7, 2023 Award-winning regeneration company Urban Splash and Manchester-based developer Glenbrook have formed a new joint venture partnership to deliver new homes in Milton Keynes. The North-West based pair will commence their partnership with the initial phase at Campbell Park in Milton Keynes, for which a planning application has been submitted today. Urban Splash was appointed as […] Posted by: Mya Driver Read more
UKREiiF showcases exemplary sustainability to secure ISO merits Aug 7, 2023 UKREiiF (The UK’s Real Estate Investment and Infrastructure Forum) has successfully retained their ISO20121 Event Sustainability Management Accreditation which it gained after the inaugural 2022 event following a site visit at their annual event – receiving zero non-compliances from the official auditors investigation. The accreditation looks to mitigate the impact events have on resources, society […] Posted by: Mya Driver Read more
Plans submitted for £300m net zero neighbourhood signed during UKREiiF Aug 4, 2023 Developer Citu has submitted plans to create a new vibrant canal-side district in Sheffield – which would become one of the largest zero carbon developments in the UK if approved. The Attercliffe Waterside progressed during the week of UKREiiF with the city council announcing the partnership with Citu. The scheme would include: A public square […] Posted by: Mya Driver Read more
Larkvale Turns Old Petrol Station Into Nine Luxury Homes Aug 4, 2023 The former home of an old petrol station has been rejuvenated into a new luxury property development in Suffolk, financed by Secure Trust Bank (STB) Real Estate Finance with a £2m property development loan. Situated in the picturesque village of Cockfield, Scotts Way (formerly a brownfield site) is now home to nine new-build properties valued […] Posted by: Mya Driver Read more
Home REIT puts 40 properties up for £4.8 million Aug 4, 2023 Home REIT PLC, a property investor specialising in accommodation for homeless people, has announced the sale of 40 properties for £4.8 million. This move comes after the company, which has faced several challenges including rent withholding by tenants, allegations of misleading shareholders, and being targeted by a short-seller, appointed AEW UK Investment Management LLP as […] Posted by: Mya Driver Read more
Drax Receives Approval for £500 Million Underground Hydro Storage Plant Project Aug 4, 2023 Drax Group, a leader in renewable energy, has received development consent from the Scottish Government for its innovative plans to construct a new underground pumped storage hydro plant at its existing Cruachan facility in Argyll. The project, which is estimated to cost around £500m, marks a significant step in Scotland’s path to net zero, as […] Posted by: Mya Driver Read more
