Weymouth Town Centre Set for £19.5 Million Regeneration Boost Feb 20, 2024 Weymouth’s town centre is set to undergo a major transformation after securing £19.5 million in government funding aimed at revitalising the area. This financial injection is earmarked for critical projects designed to facilitate new housing and business ventures, marking a new chapter in the town’s development. The focus of the regeneration effort will be on […] Posted by: Mya Driver Read more
Redbridge Seeks Partner for New Community Hub Development Feb 20, 2024 The London Borough of Redbridge is on the hunt for a private partner to bring a new community hub to life, alongside the development of adjacent land. This initiative aims to enhance the local community with a focus on the Seven Kings area. Located in Ilford, the borough is offering a prime opportunity for developers […] Posted by: Mya Driver Read more
Whitbread to Enhance Manchester’s Hotel Scene with New Premier Inn Development Feb 20, 2024 Whitbread PLC, the powerhouse behind the Premier Inn brand, has secured a new development site on the fringe of Manchester’s vibrant Northern Quarter. The site, acquired from Premcor on Rochdale Road, boasts planning permission for a striking 229-bedroom hotel. This move aligns with Whitbread’s ambitious plan to refine its portfolio of Manchester city centre hotels. […] Posted by: Mya Driver Read more
LGIM Revamps UK Property Fund with a Hybrid Approach Feb 20, 2024 Legal & General Investment Management (LGIM) has announced plans to revamp its UK property fund, introducing a strategy that blends direct property investments with indirect holdings. The new approach, dubbed the PAIF Hybrid, aims to adjust the fund’s composition by reducing its direct property investment to 45%, while allocating another 45% to global real estate […] Posted by: Mya Driver Read more
Urgent Funding Sought for Belfast’s Casement Park Redevelopment Ahead of Euro 2028 Feb 20, 2024 With the clock ticking towards the Euro 2028 football tournament, Belfast’s Casement Park is in a critical race against time to secure the necessary funding for its ambitious redevelopment plans. Contractors have already started the preliminary groundwork, focusing on maintenance and pre-enabling tasks that are crucial for the forthcoming demolition of existing structures. This initial […] Posted by: Mya Driver Read more
Pic Invests Further £30 Million To Support Social Housing Development In Northern Ireland Feb 19, 2024 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has completed a further £30 million debt investment in Apex Housing Association (“Apex”), following an initial investment of £100 million with Apex completed in 2021. PIC’s other investments in Northern Ireland include the £55 million invested in Clanmil Housing Association.The investment will […] Posted by: Mya Driver Read more
Peckham’s Aylesham Centre Set for Transformation with 850 New Homes Feb 19, 2024 dRMM Architects has unveiled plans to transform the Aylesham Centre in Peckham, aiming to breathe new life into the south London neighbourhood. The project, supported by Berkeley Homes, proposes the construction of over a dozen new buildings on a 2.7-hectare site along Rye Lane, Peckham’s bustling main thoroughfare. This ambitious scheme replaces earlier proposals and […] Posted by: Mya Driver Read more
VIRTUS to Launch Groundbreaking AI-Ready Data Centre Campus in Buckinghamshire Feb 19, 2024 VIRTUS Data Centres, a leading data centre operator in the UK and a member of the ST Telemedia Global Data Centres Group, has unveiled plans for an innovative data centre campus in Saunderton, Buckinghamshire. This development, situated to the northwest of London, close to Slough’s established data centre hub, is poised to cater to the […] Posted by: Mya Driver Read more
Unite Group and Newcastle University Forge Partnership for Student Accommodation Expansion Feb 19, 2024 Unite Group PLC, a leading provider of student housing based in Bristol, has announced a joint venture with Newcastle University to create 2,000 new student beds, scheduled for completion in 2027 and 2028. The collaboration will see the closure and demolition of the existing Castle Leazes accommodation on the university grounds starting in summer 2024, […] Posted by: Mya Driver Read more
Sidra Capital Acquires Brentwood Office for £19m Feb 19, 2024 Sidra Capital, the Saudi investment firm, has completed its acquisition of the Countryside House HQ in Brentwood, within the M25 submarket, for £19 million. The property, now under a 15-year lease to Countryside PLC, a company listed on the FTSE 250, is set for a £8 million refurbishment. This investment aims to upgrade the building […] Posted by: Mya Driver Read more
