Logicor secures planning for major redevelopment in the North West Feb 7, 2024 Logicor, a leading owner, manager and developer of European real estate has reached a significant milestone in its UK redevelopment programme as planning is secured for a 330,000 sq ft, highly sustainable warehouse in the North West. The site at Little Hulton was the previous base for retailer Littlewoods, and once completed, will be known […] Posted by: Mya Driver Read more
Transport for London open consultation for Docklands Light Railway expansion Feb 7, 2024 Transport for London (TfL) has initiated a public consultation to gather valuable input on the proposed extension of the Docklands Light Railway (DLR). The envisioned expansion entails stretching the railway from Gallions Reach to Thamesmead, passing through Beckton Riverside, with the potential to pave the way for the development of approximately 30,000 new homes along […] Posted by: Mya Driver Read more
£88m forward funding deal agreed for Yardhouse with City Developments Limited Feb 7, 2024 HUB have agreed a forward-funding deal with Singapore-based real estate developer City Developments Limited (CDL) to deliver Yardhouse, an innovative mixed tenure scheme in Wood Lane, west London, in partnership with Bridges Fund Management Ltd. The project, designed by Allford Hall Monaghan Morris, will deliver 209 co-living homes alongside high-quality amenity spaces and two roof terraces, […] Posted by: Mya Driver Read more
Barratt Developments strikes £2.5bn deal with Redrow PLC Feb 7, 2024 Barratt Developments has unveiled a significant £2.5 billion acquisition deal to merge with its competitor, Redrow. The financial arrangement offers Redrow investors a premium of 27.2%, with the valuation derived from Redrow’s closing share price on February 6th, 2024. As part of the agreement, Redrow shareholders will possess up to a third of the rebranded […] Posted by: Mya Driver Read more
Integrity International Acquires Historic Atlas House and Crescent for London Portfolio Expansion Feb 7, 2024 Integrity International Group has announced the acquisition of the historic Atlas House and the adjacent Crescent buildings, positioned in the heart of London. These properties are set to enhance the group’s luxury portfolio, which already includes several prestigious hotels and residences across the city. Atlas House, a Grade II listed building, is located near significant […] Posted by: Mya Driver Read more
Landmark £100m+ Prestwich Village regeneration plans submitted Feb 7, 2024 Plans to transform the centre of Prestwich Village into a thriving heart of the community have been submitted to Bury Council. Prestwich Regeneration LLP – the joint venture between nationwide placemaker Muse and Bury Council – has lodged a planning application for the £100m+ regeneration of the Longfield Centre site. The ambitious plans are set […] Posted by: Mya Driver Read more
Stoneweg and Teras Capital to invest £50 million to develop UK’s largest wave park in Birmingham, as part of recently launches pan-European urban surf destination strategy Feb 7, 2024 Stoneweg InfraSport, the recently launched partnership between Stoneweg and Teras Capital focused on the acquisition, development and operation of man-made urban surf destinations across Europe, has acquired the former Emerge Surf development site in Coleshill, Birmingham, from IM Properties, where it intends to deliver the UK’s largest wave park. The c. £50 million commitment represents […] Posted by: Mya Driver Read more
Springfield Properties agree affordable housing contract for £15m Feb 6, 2024 Springfield Properties, a Scottish housing construction company, has entered into a £15.3 million agreement with the Highland Housing Alliance (HHA) to undertake the construction of affordable housing. The agreement encompasses an initial housing bulk sale, followed by the subsequent development phase. Springfield is set to receive £4.1 million for the bulk sale of housing, with […] Posted by: Mya Driver Read more
Further Development Planned For Symmetry Park Biggleswade Feb 6, 2024 Tritax Symmetry have been granted detailed planning permission for the third phase of Symmetry Park, Biggleswade, totalling 927,000 sq ft of highly sustainable logistics space. The first two phases, offering a total of 1.24m sq ft, are fully occupied. Central Bedfordshire Council has approved plans for three new, state-of-the-art logistics buildings to be developed, comprising […] Posted by: Mya Driver Read more
Atom Bank Secures £3.7m Loan Deal for Edinburgh Property Feb 6, 2024 Atom bank has stepped in to provide a substantial financial boost to an Edinburgh-based property investment company, delivering a commercial loan of £3.7m. This strategic financial move comes at a critical time for the business, which was seeking to expand its portfolio with six additional properties in the city. The company, initially bound by a […] Posted by: Mya Driver Read more
