Sama Investment Group submits plans for new apartments in Birmingham Dec 9, 2024 Sama Investment Group, a Birmingham-based developer and investor, has submitted plans for new 31 residential apartments and three spacious commercial units as part of a mixed-use regeneration scheme known as Highgate Corner on the outskirts of Birmingham city centre. Located to the north of the iconic Balti Triangle, the proposals would see the transformation […] Posted by: Deividas Krupstas Read more
Belgian firm Aedifica invests £14m for redevelopment of care home Dec 6, 2024 Aedifica has confirmed £14m of investment into the redevelopment of a former care-home sit which has been demolished. The site, situated 15-miles from Greater London, will deliver a care home for up to 65-people. On completion the care home will be operated by Hamberley Care Homes. Stefaan Gielens, CEO of Aedifica, commented: “We are investing […] Posted by: Deividas Krupstas Read more
UKREiiF announces 2025 exhibitors Dec 5, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced the first leg of its exhibition partners for the annual event taking place between 20th-22nd May 2025, in Leeds. UKREiiF will feature two expansive exhibition halls, teeming with a diverse array of organisations, from local authorities and private sector companies to investors and government […] Posted by: Mya Driver Read more
LLDC and Vistry Group form joint venture to deliver 948 new mixed-tenure homes in East London Dec 5, 2024 The London Legacy Development Corporation (LLDC) has formed a 50/50 joint venture partnership with Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, for the delivery of 948 new homes in Pudding Mill Lane in Stratford. The deal sees the creation of a new residential and commercial neighbourhood, which will be brought forward over […] Posted by: Deividas Krupstas Read more
£40m 700,000 sq ft logistics development approved Dec 5, 2024 Wrenbridge and Fiera Real Estate (“Fiera”) has announced that they have secured planning for a new 120,000 sq ft logistics facility in Stevenage, bringing Wrenbridge’s total pipeline approved at planning this year to 700,000 sq ft. The site has a GDV of £40m and was purchased in June 2024 on behalf of the Fiera Real […] Posted by: Deividas Krupstas Read more
Beal Homes gets approval for £120m development delivering 450 homes Dec 5, 2024 A planning application by East Yorkshire-based housebuilder Beal for a 52-acre site in the Kingswood area has been given the green light by Hull City Council’s Planning Committee, subject to conditions. The “hybrid” application included full planning permission for the first 214 homes and associated works, as well as outline plans for a further 236 […] Posted by: Deividas Krupstas Read more
Plans for £250m Stockport project submitted Dec 5, 2024 A planning application has been submitted for a mixed neighbourhood in Stockport following a detailed community consultation. The proposals have been brought forward by The Stockport 8 LLP – a joint venture of Stockport Council and ECF (itself a joint venture between Homes England, Legal & General and Muse.) The proposals seek to create an […] Posted by: Deividas Krupstas Read more
Helical sells £7m asset to private investor Dec 5, 2024 Helical has sold its freehold interest in the Power House in Chiswick, London W4, to Riverside Capital’s private investor syndicate at 30 September 2024 valuation of £7 million, reflecting a net initial yield of 7.3%. The c. 21,000 sq ft property is let to Metropolis London Music Ltd for a further 19 years at a […] Posted by: Deividas Krupstas Read more
Quintain secures £128m loan on BtR development at Wembley Park Dec 4, 2024 Quintain, the developer behind Wembley Park, has successfully completed the refinancing of a trophy build-to-rent (BtR) building at Wembley Park with a £128.7 million Natixis CIB green loan. The loan represents a significant deleverage on the existing facility and refinances out Cheyne Capital, who supported Quintain by providing the original development financing for the construction […] Posted by: Deividas Krupstas Read more
KKR and Baupost Purchase 33 Marriott International Hotels in the UK from ADIA Dec 4, 2024 Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR’s vertically integrated European hospitality platform, will serve as managing partner for the joint venture and […] Posted by: Deividas Krupstas Read more
