Octopus Real Estate £35m lending through the Greener Homes Alliance initiative Mar 5, 2024 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate investor and lender, announces the recent completion of four further loans as part of its Greener Homes Alliance initiative with Homes England. The four completed loans total more than £35m and will fund the development of 124 new homes in Dover, Wandsworth, […] Posted by: Mya Driver Read more
West Midlands Launches £200 Million Initiative to Develop 12,000 New Homes on Brownfield Sites in build Up to UKREiiF Mar 5, 2024 In an ambitious step towards revitalising the West Midlands, a £200 million funding initiative has been announced to drive the development of 12,000 new homes across the region. This ground breaking scheme aims to transform brownfield sites, previously industrial land, into thriving residential communities, bolstering the local economy and providing much-needed housing. The funding, confirmed […] Posted by: Mya Driver Read more
Grace Real Estate announces the acquisition of its second residential portfolio, located in thriving Central London location Mar 5, 2024 Grace Real Estate Partners (“Grace”), a real estate investment company, announced today its acquisition of a residential portfolio based in Zone 1, London. The purchase comprises 110 units of underutilised residential space alongside commercial and ancillary facilities. This is the second acquisition for the private real estate investment group, who in August 2023, completed its […] Posted by: Mya Driver Read more
LSH research finds Belfast is set for more Purpose Built Student Accommodation as student numbers and investor interest increases Mar 5, 2024 The development of Purpose-Built Student Accommodation (PBSA) is set to rise further across Belfast city centre as demand for student accommodation continues to grow and well occupied schemes become more attractive to investors. Research conducted by Lambert Smith Hampton into PBSA in Belfast has highlighted that with the student accommodation market now established and student […] Posted by: Mya Driver Read more
Chancerygate and Bridges Fund Management granted planning for £40m sustainable urban logistics development in Hayes, West London Mar 4, 2024 Developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management have been granted planning to speculatively build a highly sustainable 90,000 sq ft Grade A urban logistics development in Hayes, west London. Called Harlequin Business Park, once complete the scheme will comprise nine units ranging from 5,100 sq ft to 39,700 sq ft and […] Posted by: Mya Driver Read more
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
