Starwood Capital Expands London Presence with 10-Hotel Acquisition from Edwardian Group Jan 15, 2024 Starwood Capital Group, an international private investment firm with a focus on real estate, has announced the acquisition of a collection of 10 hotels from Edwardian Group. This deal was finalised through an off-market transaction for an undisclosed amount. This notable addition to Starwood’s portfolio includes a total of 2,053 rooms. Despite the sale, Edwardian […] Posted by: Mya Driver Read more
One to Watch: North East Lincolnshire Unveils Future-Oriented Local Plan Jan 15, 2024 North East Lincolnshire Council today announced the public consultation phase for its revised Local Plan, marking a pivotal moment for the borough’s future development. The Local Plan, a comprehensive framework guiding land use and development in North East Lincolnshire, is currently under review with its latest draft now available for public scrutiny. This plan, which […] Posted by: Mya Driver Read more
Zenzic Capital launches £500+ million student accommodation strategy Jan 15, 2024 Zenzic Capital (“Zenzic”), the real estate credit and special situations investment manager, has launched a new UK purpose-built student accommodation (PBSA) strategy with a target portfolio GDV of over £500 million. The strategy, through which Zenzic will invest in existing stock and develop new assets, will help address the UK’s acute shortage of high-quality PBSA. […] Posted by: Mya Driver Read more
fu3e. secure UKREiiF exhibition spot Jan 12, 2024 fu3e. (fuse), the real estate software platform has confirmed 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, in Leeds. fu3e., offers funds, owners, developers, and consultants custom-fit live dashboards, drill-down capability to source […] Posted by: Mya Driver Read more
Vonovia Issues £400 Million Bond in London, Expanding Investor Base Jan 12, 2024 Vonovia, a prominent player in the real estate sector, has made a fresh entry into the capital markets by issuing a £400 million bond in London. This strategic decision not only marks the company’s expansion into new financial territories but also offers improved pricing conditions, catering to a broader spectrum of investors. The move signifies […] Posted by: Mya Driver Read more
UKREiiF-bound Oldham Invites Public Input on Future Development and Local Plan Jan 12, 2024 Oldham is actively preparing its new Local Plan, guiding development until 2039 – and the Greater Manchester Team will be at UKREiiF in May 2024! The Local Plan, a cornerstone for future growth, encompasses a wide range of areas including housing, the economy, and community facilities. Councillor Elaine Taylor, Cabinet Member for Housing and Licensing, […] Posted by: Mya Driver Read more
Robert Hitchins Set to Expand Bridgend Industrial Estate with £20m Investment Jan 12, 2024 Robert Hitchins, a prominent developer, has declared a £20 million investment in Bridgend Industrial Estate, South Wales, marking a substantial expansion of the Central Park development. This initiative involves the construction of two new commercial property units, both pre-let to major national brands. The project will deliver over 100,000 sq ft of Grade A commercial […] Posted by: Mya Driver Read more
Hotspots: UK Residential Development Approvals Indicate Emerging Focal Areas for Future Growth Jan 12, 2024 Recent approvals of residential development projects in the UK, especially in London, Wiltshire, and Surrey, subtly point to these regions as potential focal areas for future construction and urban development. The sanctioning of five notable projects in these areas highlights a trend that could inform future development strategies. 1. Swindon Borough Council Greenlights Major Housing […] Posted by: Mya Driver Read more
Ayr Town Centre Set for Revitalisation with Hourstons Site Redevelopment Jan 12, 2024 Ayr Town Centre is gearing up for an inspiring transformation as demolition works for the redevelopment of the former Hourstons site are scheduled to commence in May. This development is a crucial part of The Ayr Town Centre Framework, a strategic plan aimed at revitalising the town by focusing on a mix of achievable projects […] Posted by: Mya Driver Read more
No Developers Mentioned: Keel Row Shopping Centre in Blyth Demolition Redevelopment Jan 12, 2024 The Keel Row Shopping Centre in Blyth is preparing for an exciting new chapter as plans for its redevelopment take shape. Northumberland County Council, having acquired the centre, is spearheading this initiative, which aligns with the broader £90m Energising Blyth regeneration programme. The redevelopment of Keel Row is poised to breathe new life into the […] Posted by: Mya Driver Read more
