Aviva Investors acquires distribution park in Leicestershire Jan 16, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has completed the purchase of Leicester Distribution Park (“LEDP”), an industrial and logistics asset spanning more than 713,500 sq ft. The eight-unit scheme is fully-let and was developed in three phases between 2017 and 2022. Aligning with Aviva Investors’ continued focus on sustainability, […] Posted by: Mya Driver Read more
Ashington’s Town Centre Regeneration Gains Momentum with Key Site Acquisitions Jan 16, 2024 The Council is poised to bolster the ongoing £30 million regeneration of Ashington, with plans to acquire two pivotal town-centre sites. The move to purchase properties at Wansbeck Square and 2-4 Woodhorn Road, known as ‘Grand Corner’, for just over £1.5 million, is a strategic step in the town’s revitalisation efforts. This acquisition, recommended to […] Posted by: Mya Driver Read more
Fiddler’s Ferry Site to Transform into Vibrant Community with 860 New Homes Jan 16, 2024 Warrington’s Fiddler’s Ferry, a substantial brownfield site in the region, is on the cusp of a transformative redevelopment. The project, driven by the pressing need for various types of housing in the area, aims to alleviate the strain on local housing demands. A vast number of residents find themselves either on waiting lists or burdened […] Posted by: Mya Driver Read more
Lovell latest name to sign up for UKREiiF 2024 Jan 15, 2024 Lovell has confirmed its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is held in partnership with Pagabo and is set to take place between 21-23 May 2024, in Leeds. Lovell, part of Morgan Sindall Group plc, excels in developing, constructing and regenerating homes and communities throughout the UK. […] Posted by: Mya Driver Read more
UK Infrastructure Bank commits £300m to the Docklands Light Railway Rolling Stock Replacement Programme, boosting growth and opportunity Jan 15, 2024 The UK Infrastructure Bank has today announced a £300 million loan to Transport for London (TfL) to support the Docklands Light Railway (DLR) Rolling Stock Replacement Programme, boosting connectivity, job opportunities and helping to further cut emissions. The loan is provided through the Bank’s Local Authority function and will finance a significant part of the […] Posted by: Mya Driver Read more
Chancerygate submits plans for £15m, 59,500 sq ft urban logistics development in East Manchester Jan 15, 2024 Chancerygate has submitted plans to speculatively build 59,500 sq ft of Grade A urban logistics and industrial space in Clayton, East Manchester. Called Eastside, the proposed scheme will comprise nine units ranging from 4,000 sq ft to 14,000 sq ft available on a freehold or leasehold basis. The projected gross development value is approximately £15m. […] Posted by: Mya Driver Read more
Mayor unveils his £1 billion transport plan for Teesside, Darlington, and Hartlepool Jan 15, 2024 A huge package of vital transport projects to transform the region has been revealed by the Tees Valley Mayor, Ben Houchen, following a funding boost of £1billion from the scrapping of HS2. This represents the largest investment of money by the mayor in six years in office, with the money being earmarked to improve road, […] Posted by: Mya Driver Read more
Planning Regulations to be Eased for Nation-wide Mini Nuclear Plants Jan 15, 2024 The UK Government is actively considering revising planning regulations to facilitate the construction of mini nuclear plants across a more diverse array of locations. This move is part of the government’s broader strategy to enhance the country’s nuclear energy capacity, particularly through the development of small modular reactors (SMRs) and advanced modular reactors (AMRs). As […] Posted by: Mya Driver Read more
CapitalRise Secures £250 Million to Boost Lending Jan 15, 2024 CapitalRise, a prominent player in real estate finance, has announced the acquisition of a £250 million bank funding line. This move marks the company’s largest funding endeavour to date and its fifth successful acquisition of such a financial resource. The newly acquired funding will enhance CapitalRise’s lending capabilities, particularly benefiting UK limited company borrowers. It […] Posted by: Mya Driver Read more
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
