Buyer Wanted: Lichfield City Centre Land Up for Development to Enhance Urban Landscape Feb 6, 2024 A sought-after 1.5-acre site in Lichfield city centre is on the market, earmarked for a residential development that aims to revitalise the area. Lichfield District Council is on the hunt for a buyer to transform the land formerly housing the Tempest Ford garage, situated at the intersection of Birmingham Road and Upper St John Street. […] Posted by: Mya Driver Read more
Development Opportunity? Blackburn’s £250 Million Masterplan Feb 6, 2024 In a substantial shift towards urban renewal, Blackburn is on the brink of a transformative phase with the unveiling of a £250 million masterplan. This significant redevelopment is part of the ambitious Blackburn Town Centre Masterplan, which was introduced in December 2021 to revitalise the heart of the town. The scheme is not just about […] Posted by: Mya Driver Read more
£100m Revamp Set to Transform Oxford’s Blackbird Leys: New Homes and Community Facilities in the Pipeline Feb 6, 2024 Blackbird Leys is on the cusp of a major transformation, with a £100m redevelopment plan set to reshape the district, often noted for its untapped potential. The comprehensive project aims to rejuvenate the area with a modern community centre, an influx of new homes, and upgrades to key local structures, including a church. Linda Smith […] Posted by: Mya Driver Read more
BPF finds 40% of BtR sites take at least a year to achieve planning consent Feb 6, 2024 New analysis published today by the British Property Federation (BPF) shows the time required for Build-to-Rent (BtR) planning applications have significantly increased over the past decade, with 40% of sites achieving detailed planning permission last year taking at least a year to do so. The analysis, conducted at the end of the fourth quarter in […] Posted by: Mya Driver Read more
Carlyle provides £115 million development loan for Round Hill Capital’s 488-unit Manchester BTR scheme Feb 6, 2024 Global investment firm Carlyle’s (NASDAQ: CG) Global Credit platform has provided Round Hill Capital, a leading global specialist real estate investor, developer and manager, with a £115 million development loan to fund the construction of Fairfax, a 488-unit luxury build-to-rent (“BTR”) scheme in Manchester, UK. It represents the first transaction between the two parties. The […] Posted by: Mya Driver Read more
Western Gateway announce UKREiiF 2024 Pavilion Feb 5, 2024 Western Gateway has announced its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo and is set to take place between 21-23 May 2024. The Western Gateway Powerhouse Partnership is dedicated to advancing regional development and fostering collaboration among diverse entities throughout the UK. Operating […] Posted by: Mya Driver Read more
MFG and Morrisons announce forecourts partnership and EV expansion Feb 5, 2024 Motor Fuel Group (“MFG”) and Morrisons announce that they have entered into an agreement relating to the proposed acquisition by MFG of 337 Morrisons petrol forecourts (including fuel, convenience retail kiosk and ancillary services) and more than 400 associated sites, across the UK, for Ultra-Rapid electric vehicle (“EV”) charging development. The proposed £2.5bn transaction forms […] Posted by: Mya Driver Read more
Mayors Secure Approval to Develop Rail Links after HS2 Cancellation Feb 5, 2024 Regional leaders, West Midlands Mayor Andy Street and Greater Manchester Mayor Andy Burnham, have been given the green light by Transport Secretary Mark Harper to develop new rail link projects between Birmingham and Manchester. This initiative emerges as a proactive response to the recent cancellation of the HS2 rail link’s northern section. The endorsement to […] Posted by: Mya Driver Read more
CrowdProperty Secures £3m from Flow Capital to Fuel Growth and Innovation Feb 5, 2024 CrowdProperty, a prominent player in property development finance, has recently secured a £3m investment from Canada’s Flow Capital Corp. This substantial financial boost is set to propel CrowdProperty’s innovation and expansion plans, further cementing its position in the UK’s property finance sector. In its ten years of operation, CrowdProperty has made a substantial impact on […] Posted by: Mya Driver Read more
Shrewsbury Embarks on Transformative Redevelopment with Riverside Centre Closure Feb 5, 2024 The Riverside Shopping Centre, once a bustling hub in Shrewsbury, is set for a transformative redevelopment as plans to close and demolish the structure are underway. Shropshire Council has revealed an ambitious vision for the site, marking a significant leap towards revitalising the town centre with a modern, community-focused approach. Secured by the council for […] Posted by: Mya Driver Read more
