Two Dunfermline High Schools to be demolished…£123m campus proposed Dec 6, 2023 Fife Council has put forward plans for the demolition of Woodmill High School and St Columba’s RC High School in Dunfermline, with the process scheduled to start towards the end of 2024. This initiative is part of a broader plan to build a new £123.6 million campus, set to open in August 2024. The new […] Posted by: Mya Driver Read more
Wheatley Homes South to Construct 800 Affordable Homes in Dumfries and Galloway Dec 6, 2023 Wheatley Homes South, a major social housing provider, plans to build over 800 new homes in Dumfries and Galloway. These homes are part of the company’s efforts to meet the region’s housing demand and will be spread across a dozen new projects. The homes, designed to be modern and energy-efficient, are a key aspect of […] Posted by: Mya Driver Read more
Cityheart continues its investment in Stockport with acquisition of Royal George Village Dec 6, 2023 Development and regeneration company, Cityheart has acquired the 442-home Royal George Village site on Greek Street in Stockport, continuing its commitment to the transformation of Stockport town centre. Cityheart secured the site following the withdrawal of previous developer Investar Property Group, which had originally been appointed as the developer in 2022. Royal George Village is […] Posted by: Mya Driver Read more
Cratus Group join UKREiiF as Pavilion Partner Dec 5, 2023 Cratus Group 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. Cratus Group provide strategic communication and public relations services for the built environment, finance, technology, energy, infrastructure and transport […] Posted by: Mya Driver Read more
OakNorth Provides £29m for ALMCOR and Cerberus Capital’s Real Estate Acquisitions Dec 5, 2023 OakNorth has provided a £29m debt finance facility to ALMCOR and an affiliate of Cerberus Capital Management, L.P. This funding supports their acquisition of Leyland Business Park in Preston, Lancashire, and Melton Commercial Park in Melton Mowbray, Leicestershire. The acquired sites are part of their European Industrial Outdoor Storage (EIOS) platform. The Leyland site is […] Posted by: Mya Driver Read more
£16.2 Million Boost for Newry City Park Development Dec 5, 2023 In a major boost for urban regeneration, Newry City Park has secured a £16.2 million funding injection. This development marks a significant milestone for one of Newry’s most ambitious urban rejuvenation projects. The approval of Newry, Mourne and Down District Council’s Outline Business Case (OBC) by the Department for Communities, coupled with the issuance of […] Posted by: Mya Driver Read more
Alterity Investments acquires prime retail sites in Belfast City Centre Dec 5, 2023 Alterity Investments has acquired three prominent sites in Belfast city centre which are home to some of the UK and Ireland’s best known retail brands. Alterity has purchased the adjoining Mayfair Building, Arthur Chambers and State Buildings, listed buildings which have frontages on to Cornmarket / Arthur Square, Arthur Street and William Street South. The […] Posted by: Mya Driver Read more
Cardiff Set for Major Transformation with £140M Station Regeneration Dec 5, 2023 Network Rail, in collaboration with Cardiff Council, Transport for Wales, and Rightacres, has embarked on a masterplanning process for the redevelopment of Cardiff Central Station and its surroundings. This ambitious project aims to transform over 10 acres of railway land into a vibrant new neighbourhood, offering new homes and improved connectivity in the Welsh capital. […] Posted by: Mya Driver Read more
Valor completes £101 million loan with Canada Life Asset Management secured against five prime urban logistics assets in London Dec 5, 2023 Valor Real Estate Partners, Europe’s fastest growing last-mile real estate specialist, has completed a £101 million debt facility with Canada Life Asset Management. The 5-year investment loan, referenced off gilts, represents the first transaction between the two parties. The loan is secured against five recently acquired urban infill logistics properties, all located in high demand, […] Posted by: Mya Driver Read more
Development Opportunity: Newport City Centre Dec 4, 2023 In a step towards rejuvenating Newport city centre, the local council is actively seeking expertise from external consultants to formulate an innovative Placemaking Plan. This initiative, announced on the public-sector procurement site Sell2Wales, aims to breathe new life into the heart of Newport. The council’s current strategy for the city centre is set to conclude […] Posted by: Mya Driver Read more