Vision for ID Manchester to be unveiled in new Strategic Regeneration Framework Jun 22, 2023 A strategic regeneration framework (SRF) for The University of Manchester’s former North Campus has been put forward to Manchester City Council, outlining the future of the trailblazing new, £1.7bn city centre district, ID Manchester, by its joint venture (JV) partners, Bruntwood SciTech and The University of Manchester. The framework sets out a vision for ID […] Posted by: Mya Driver Read more
Church Commissioners for England to exclude oil and gas companies over failure to align with climate goals Jun 22, 2023 The Church Commissioners for England, which manages the Church of England’s £10.3bn endowment fund, has decided to exclude all remaining oil and gas majors from its portfolio, and will exclude all other companies primarily engaged in the exploration, production and refining of oil or gas, unless they are in genuine alignment with a 1.5°C pathway, by […] Posted by: Mya Driver Read more
Sidra Purchases London Square for £40m Jun 22, 2023 Sidra Capital, a Saudi Arabian alternative asset management firm, has confirmed its acquisition of London Square, a multi-tenant office building in Guildford. The purchase, which cost just over 40 million pounds was made from M&G Real Estate. The property covers 133,290 square feet, includes three buildings, and provides 313 parking spaces. London Square is a […] Posted by: Mya Driver Read more
Greystar acquires BtR site in Stratford Jun 22, 2023 Greystar and Lifestory have exchanged contracts on an attractive BTR scheme, Stratford Mill, for £20 million. Consisting of 245 units, the site is located adjacent to Pudding Mill Lane station and benefits from excellent transport links into central London. Construction on site is due to commence in the second quarter of 2024, with completion anticipated […] Posted by: Mya Driver Read more
Mayfield’s Updated Plans Emphasize Increased Sustainability Jun 22, 2023 Revised Plans for Mayfield’s Initial Commercial Development Phase in Manchester Highlight Sustainability, Including a Large Cycling Hub and Expanded Green Spaces The Mayfield neighbourhood in Manchester had its first phase of commercial development approved in February 2020, which included Mayfield Park, two office buildings, and a sizable multi-storey car park. The Mayfield Partnership has now […] Posted by: Mya Driver Read more
Urban Splash Residential Fund eyes more purchases securing £20m debt facility with Barclays Jun 21, 2023 The new Revolving Credit Facility (RCF) is for an initial £20m with a further £20m accordion. USR is currently ungeared, and the deal will allow USR – a design-led residential investor – to accelerate its acquisition strategy to build an institutional-scale portfolio of design-led rental homes across the UK. The news comes following a significant […] Posted by: Mya Driver Read more
Lendco Secures £200m Bridging Agreement with Natwest Jun 21, 2023 Specialist lender Lendco, which caters exclusively to intermediaries, has entered into a bridging warehouse agreement with Natwest. This move will enable Lendco to expand and diversify its bridging criteria. The company states that this facility will provide the necessary extra funding capacity for its rapidly expanding bridging business, aiding its ambition to become a significant […] Posted by: Mya Driver Read more
Greystar acquires BTR site in Stratford, London Jun 21, 2023 LONDON, 21 June 2023 – Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, today announced it has acquired an attractive build-to-rent (“BTR”) site in Stratford, east London, with an existing capital partner, in the latest phase of its successful growth strategy in the UK. […] Posted by: Mya Driver Read more
Plans submitted for third residential development at Peel L&P’s Trafford Waters Jun 21, 2023 A planning application has been submitted this week by X1 Developments and Peel L&P to create 208 “open market” new homes as part of the latest phase of residential development at Peel L&P’s Trafford Waters site in TraffordCity. The proposals being considered will include a mix of one, two and three-bedroom apartments across two buildings, […] Posted by: Mya Driver Read more
Landsec invests in the future of retail as it announces plans for major retail destinations Jun 21, 2023 Landsec will today announce plans to invest significantly in its prime retail destinations to further enhance their positive growth outlook. The investment will be led by a £45m transformation plan for Gunwharf Quays, which will see the Portsmouth-based shopping outlet cement its position as the UK’s leading lifestyle waterfront destination. The targeted investment plan, which […] Posted by: Mya Driver Read more
