KSL Capital Eyes £800m Divestiture of UK’s Village Hotels, Testing Hospitality Market’s Pulse Feb 19, 2024 KSL Capital Partners is set to explore the sale of its extensive Village Hotels portfolio, valued at approximately £800 million, marking a strategic pivot almost a decade after its acquisition for £485 million from De Vere Group. The American equity firm has engaged the services of Morgan Stanley to navigate this significant transaction, signaling a […] Posted by: Mya Driver Read more
Basingstoke – Invest in happiness with this hidden gem in the south east Feb 19, 2024 By Sarah Longthorpe, Director of Regeneration at Basingstoke and Deane Borough Council Being relatively new to Basingstoke I am still uncovering what this hidden gem has to offer myself! I don’t want to spill out the usual regeneration mantra about place, people and connectivity – in this piece, which aims to highlight the development and […] Posted by: Mya Driver Read more
Homes England Secures £250m Newcastle Regeneration Project to Revive Development Feb 16, 2024 Homes England has made a strategic purchase of Quayside West, the most substantial plot within the Forth Yards area, marking a major step in the regeneration of Newcastle. This move is set to introduce approximately 1,100 homes, heralding the creation of a vibrant and sustainable new neighbourhood adjacent to Newcastle Central Station and the Quayside, […] Posted by: Mya Driver Read more
£36.5 Million Deal Seals New Ownership for Bristol’s Tech Hub Office Block Feb 16, 2024 A prominent office building in the heart of the Bristol has changed hands for £36.5 million. The acquisition of the Programme building, situated on All Saints’ Street, was completed by BNF Capital in collaboration with Morgan Capital. This move signifies BNF Capital’s inaugural venture into Bristol’s dynamic real estate scene. Spanning 174,387 square feet across […] Posted by: Mya Driver Read more
Opportunity? ‘Ghost Shopping Centres’ to be demolished in £36.5m Scottish Regen Feb 16, 2024 A groundbreaking strategy to revitalise Hamilton’s town centre has been unveiled, with plans to demolish outdated ‘ghost’ shopping centres to make room for a new residential quarter. South Lanarkshire Council has outlined a visionary scheme focused on the regeneration of the area, promising a mix of housing and retail revitalisation. The ambitious project targets the […] Posted by: Mya Driver Read more
Home REIT Sells Off 117 Properties at a Loss, More to Follow Feb 16, 2024 Home REIT, the housing provider for the homeless, has disposed of 117 properties through a public auction on Valentine’s Day, incurring losses in the process. The company managed to gather gross proceeds of £5.6 million from the sale, which accounts for 1.4 per cent of its portfolio by value. The auction’s proceeds stood at £1.02 […] Posted by: Mya Driver Read more
Havering Council Eyes Compulsory Purchase to Drive £451m Romford Regeneration Feb 16, 2024 Havering Council has set its sights on a comprehensive £451 million regeneration project in Romford town centre, planning to utilise compulsory purchase orders as a means to progress. The ambitious initiative, set to transform Bridge Close, encompasses proposals for the development of 1,070 homes, a new school, a health centre, and several commercial units. Despite […] Posted by: Mya Driver Read more
Demolition of Devon Dairy Farm Opens Door for Development Feb 15, 2024 The demolition of the disused Torrington Dairy Crest in Devon, which has been derelict since 1993, is underway, signaling a clear path for future development. This site, once plagued by safety issues and anti-social behaviour, is now being cleared to make way for potential housing and retail opportunities. The demolition process, led by Waterside Construction […] Posted by: Mya Driver Read more
German Real Estate Giant Acquires Ruby Zoe Hotel in London for £53 Million Feb 15, 2024 Deka Immobilien, a leading German real estate management company, has acquired the Ruby Zoe hotel located in London’s prestigious Notting Hill area for £53 million. The deal sees the property transition from the ownership of Frogmore Real Estate Partners, who had held the freehold since April 2021, to becoming a key asset within the Deka-ImmobilienMetropolen […] Posted by: Mya Driver Read more
TRIG Expands Green Portfolio with Acquisition of Battery Storage Firm Fig Power Feb 15, 2024 The Renewables Infrastructure Group (TRIG), known for its investments in green energy, has announced the acquisition of Bristol-based battery storage developer Fig Power. This move adds a significant 1.7GW development pipeline to TRIG’s portfolio, which includes 400MW of projects with grid connection offers and an additional 1.3GW on exclusive sites. The acquisition, involving 100% equity […] Posted by: Mya Driver Read more
