Whispers of a £3.5 Million Development Opportunity: Lichfield Council Nov 29, 2023 Lichfield District Council is in the spotlight with plans to take over a new cinema development, a move that could transform the heart of the city. Discussions are underway about a potential £3.5 million investment to acquire complete ownership of the cinema, currently under development in the former Debenhams building. This initiative is part of […] Posted by: Mya Driver Read more
Stafford Borough Council Set to Acquire Guildhall Shopping Centre, Aiming to Revitalise Town Nov 29, 2023 Stafford Borough Council has unveiled its intention to purchase the Guildhall Shopping Centre, marking a significant step in its ambitious plan to revitalise the town. This strategic move, announced on Tuesday, aims to transform the centre, which currently comprises approximately 20 retail and business units. This announcement follows closely on the council’s decision to acquire […] Posted by: Mya Driver Read more
Exeter City Council Weighs Sale of Key Sites for Student Housing to Mitigate Debt Nov 29, 2023 Exeter City Council is facing a pivotal decision regarding the sale of two significant sites for the development of student housing. This move, which aligns with a strategic development opportunity, is aimed at addressing the council’s financial challenges stemming from debts accrued by the unsuccessful venture, Exeter City Living. The discussion centres around the former […] Posted by: Mya Driver Read more
Connected Places Catapult returns to UKREiiF in 2024 as Pavilion Partners Nov 28, 2023 UKREiiF – The UK’s Real Estate Investment & Infrastructure Forum, set to take place between 21-23 May in Leeds, in partnership with procurement specialist Pagabo – has announced that Connected Places Catapult – the UK’s innovation accelerator for cities, transport, and place leadership – will be a Pavilion Partner at next year’s event. The announcement […] Posted by: Mya Driver Read more
Plans submitted for Multiversity campus Nov 28, 2023 Plans for a new state of the art education campus in Blackpool town centre have been submitted. An outline planning application for a new Multiversity campus for Blackpool and the Fylde College has been submitted to Blackpool Council, showing a five storey campus on Cookson Street which could bring up to 3,000 new staff and […] Posted by: Mya Driver Read more
Salboy Launches Public Consultation for Flagship Viadux Scheme in Manchester Centre Nov 28, 2023 Salboy, a leading property development and funding company, has initiated a public consultation for the next phase of its Viadux scheme, a landmark urban development in central Manchester. In collaboration with construction partner DOMIS, Salboy is set to introduce two new towers, marking a significant step in the project’s evolution. The ambitious plan includes a […] Posted by: Mya Driver Read more
£7.8m Alexandra Dock Housing Project Seeks Partners Nov 28, 2023 A significant development opportunity has arisen at Alexandra Dock, with the release of a brownfield site for a new housing project near Grimsby’s Fishing Heritage Centre. The Council is seeking development partners for this 6.25-acre town centre site, which is poised to become a thriving residential community of around 130 homes, along with commercial accommodations. […] Posted by: Mya Driver Read more
Tilstone Partners Boosts Stake in Warehouse REIT to 6.5% with £500,001 Investment Nov 28, 2023 Tilstone Partners Ltd, the investment adviser for Warehouse REIT PLC, a London-based real estate investment trust specialising in UK industrial warehouses, has increased its shareholding to 6.5%. The firm acquired 592,038 shares at an average price of 83.7 pence, totalling an investment of £500,001. Following this transaction, Tilstone Partners now holds 27.8 million shares in […] Posted by: Mya Driver Read more
Tritax Big Box REIT Achieves £327m from Sale of Six Properties Nov 28, 2023 Tritax Big Box REIT Plc (BBOX) has announced the successful sale of six properties, realising a total of £327m. This achievement by the FTSE 250 real estate investment trust aligns with recent valuations, confirming the sales at or above these figures. The sold assets, located in Corby, Raunds, Knowsley, Skelmersdale, Worksop, and Littlebrook, cover a […] Posted by: Mya Driver Read more
HGP commits £15 million of equity for 300-home residential Joint Nov 28, 2023 Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor in the UK Living sector, has committed £15 million of equity to a newly formed joint venture (“JV”) with Cayuga Homes (“Cayuga”), the Sussex based property developer. The JV will target the delivery of up to 300 homes for sale, along England’s South Coast, and is HGP’s […] Posted by: Mya Driver Read more