AXA IM Alts secures £480 million development loan for landmark net-zero London office scheme, 50 Fenchurch Street Mar 11, 2024 AXA IM Alts, a global leader in alternative investments with €183 billion of assets under management[1], has secured a £480 million construction loan from Cale Street, the real estate investment and finance firm, to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. This transaction represents one of […] Posted by: Mya Driver Read more
Manchester’s Holt Town Set for Transformation with 4,500-Home Development Plan Mar 8, 2024 Manchester City Council has chosen Studio Egret West to formulate a visionary regeneration plan aimed at revitalising 74 acres of formerly industrial land into a vibrant new community. The project, set to unfold over the next decade, envisions the creation of approximately 4,500 new homes in the Holt Town area, located strategically between Eastlands and […] Posted by: Mya Driver Read more
Somerset Council Eyes Sale of County Hall Section to Cut Costs and Generate Funds Mar 8, 2024 Somerset Council is contemplating the sale of a portion of its County Hall premises in Taunton. The move comes as the newly formed unitary authority, established in 2023 following the merger of five councils, finds itself with an excess of office space. C Block, located within the County Hall complex, has been identified as a […] Posted by: Mya Driver Read more
£2 Billion Regeneration Effort to Revitalise Royal Docks Announced Mar 8, 2024 London’s Royal Docks is set for a £2 billion regeneration, announced by Mayor Sadiq Khan, aiming to breathe new life into the historic area. The ambitious plan seeks a fresh development partner for the Royal Albert Dock, following a previous initiative that failed to draw Asian businesses, leaving the site with vacant office blocks. Khan’s […] Posted by: Mya Driver Read more
Exodigo secures significant funding to expand UK operations Mar 8, 2024 An underground mapping startup has brought in more than £82m from its latest funding round to help bring artificial intelligence to the UK infrastructure industry. Exodigo – for whom former Crossrail CEO Simon Wright OBE acts as an advisor – will use the capital to invest in its UK and European team and expand its range […] Posted by: Mya Driver Read more
Clarion Partners Europe continues UK warehouse push with acquisition of two Golden Triangle logistics parks for £80 million Mar 8, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, has acquired two logistics parks in Redditch and Kettering, prime Golden Triangle distribution locations, for £80 million, from EPISO 5, a fund managed by Tristan Capital Partners. The transaction is the second on behalf of Clarion’s UK-only logistics fund (the […] Posted by: Mya Driver Read more
Hines acquires 260-bed PBSA development in Bristol Mar 8, 2024 Hines, the global real estate investor, developer and property manager has acquired a new 260 bed PBSA (‘Purpose Built Student Accommodation’) development at Gas Lane in Bristol on behalf of the Hines European Property Partners Fund (HEPP). The agreed sale will represent the first transaction between Hines and Watkin Jones, a leading UK developer and […] Posted by: Mya Driver Read more
County Durham’s Green Revolution: A Pioneering Path to Carbon Neutrality Mar 8, 2024 In a world grappling with the urgent need for sustainable development, County Durham stands as a trailblazer in the quest for a carbon-neutral future. The county council’s commitment to environmental stewardship is not just a vision; it’s a tangible reality manifested through a comprehensive Climate Emergency Response Plan, setting the ambitious goal of achieving carbon […] Posted by: Mya Driver Read more
Durham: Investment opportunities in the ‘culture county’ Mar 8, 2024 Durham is a county with a rich history and unique culture, and where the incredible attractions and landscapes of today have led to a visitor economy worth a milestone £1 billion, and which is set to grow even further in the future as a range of ambitious projects come online to further enhance the appeal […] Posted by: Mya Driver Read more
County Durham Invests in Sustainable Mobility with Multi-Million Pound Transport Programme Mar 8, 2024 County Durham is taking a proactive approach to transportation, prioritising economic growth and environmental responsibility. Their robust £200 million transport programme goes beyond traditional rail, focusing heavily on sustainable solutions. Investing in the Present and Future Funded through a combination of local and national sources, the multi-million-pound programme encompasses a range of key projects. Improved […] Posted by: Mya Driver Read more
