UK Student Housing Boost: Puma Property Backs £72m Nottingham Development Jan 10, 2024 In a major boost to student accommodation in Nottingham, Puma Property Finance has committed to a £72 million loan for a new development project. This project, a joint venture between Olympian Homes and Housing Growth Partnership (HGP), aims to construct a 790-bed purpose-built student accommodation (PBSA) scheme in the city’s heart. Dubbed Forest Mill, the […] Posted by: Mya Driver Read more
UK Estate Agencies Belvoir and TPFG Announce Merger to Create £214 Million Entity Jan 10, 2024 Two leading estate agency brands, Belvoir and The Property Franchise Group (TPFG), have announced a merger agreement. This all-share union is set to establish a combined entity valued at £214 million. The merger will see Belvoir shareholders receiving 0.806377 of a new Property Franchise Group share for each share they currently own. This arrangement values […] Posted by: Mya Driver Read more
Former Leith bingo hall to be redeveloped Jan 10, 2024 Members of the public are being invited to offer feedback on plans to redevelop the bingo hall located on Leith’s Manderston Steet in Edinburgh. (current image and CGI of proposed development attached). Developer Longstone (2) Limited has unveiled plans to conserve and redevelop the existing building into new student homes. This is in response to […] Posted by: Mya Driver Read more
Tri7 Secures Portswood Centre in Southampton for £10m Jan 10, 2024 Tri7 has successfully purchased the Portswood Centre in Southampton. The deal, valued at £10 million, transfers ownership from the previous holder, Portswood Centre Ltd, to Tri7. The Portswood Centre, a prominent retail and food and beverage hub, spans an impressive 28,315 square feet. This bustling complex is fully tenanted, boasting key occupants like Iceland and […] Posted by: Mya Driver Read more
Firethorn Trust expands presence with prime North West logistics acquisition Jan 10, 2024 Real estate investor and developer, Firethorn Trust, has acquired a 21.5-acre logistics asset in Warrington for an undisclosed sum. Located on Hardwick Grange, Woolston in Warrington, the property comprises three units totalling 432,166 sq ft, of an ambient storage facility, a cold store and ancillary office space. The property is fully let under a long-term […] Posted by: Mya Driver Read more
Lunson Mitchenall sign up for UKREiiF 2024 Jan 10, 2024 Lunson Mitchenall, the UKs leading independent retail property advisory firm, 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. Lunson Mitchenall stands as a premier UK-based expert in retail and […] Posted by: Mya Driver Read more
DUAL Asset is exhibiting at UKREiiF 2024 Jan 9, 2024 DUAL Asset 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. DUAL Asset specialises in insurance solutions to protect assets, real estate, shares and inherited assets from legal and ownership […] Posted by: Mya Driver Read more
Wrexham Council Approves Over 500 New Homes in Stansty and Rhosrobin Developments Jan 9, 2024 Wrexham County Council has approved two major residential projects proposed by Russell Homes and SG Estates. The plans, which were discussed in a lengthy planning committee meeting, will see the creation of 547 new homes in the Stansty and Rhosrobin areas. Russell Homes’ outline application, which includes plans to build up to 455 homes on […] Posted by: Mya Driver Read more
Hub and Bridges’ £18.5 Million Bath Site Acquisition Fuels Urban Regeneration Jan 9, 2024 Hub, in a collaborative effort with Bridges Fund Management, has marked a new chapter in Bath’s urban development by acquiring a strategically located 4.5-acre brownfield site. This £18.5 million acquisition near Bath city centre is poised to invigorate the Bath Western Riverside enterprise area, addressing the acute need for quality rental housing in the city. […] Posted by: Mya Driver Read more
Hilco Real Estate Finance Announces £13 Million Loan Deal for Yorkshire Properties Jan 9, 2024 Hilco Real Estate Finance has successfully completed its inaugural loan transaction of 2024, marking a noteworthy development in the company’s lending portfolio. The deal involves a £13 million loan, secured for a duration of two years, against two prominent properties located in Yorkshire. This strategic financial manoeuvre facilitated the refinance of two key assets: a […] Posted by: Mya Driver Read more