Billingham Secures £20m in Levelling Up Funds, Poised for Economic Revitalisation Nov 20, 2023 Tees Valley Mayor Ben Houchen has welcomed the government’s announcement of a £20 million grant for Billingham from the Levelling Up Fund Round 3. This funding, aimed at job creation and redevelopment, is a significant boost for the town, building upon a previous £6 million allocation from Stockton Council. Mayor Houchen emphasised the importance of […] Posted by: Mya Driver Read more
Bournemouth Town Centre Summit: Exploring Development Opportunities Nov 20, 2023 Bournemouth is set to host a town centre summit, where senior figures from various sectors will convene to discuss enhancement and development opportunities for the area. This important meeting, organised by BCP Council, will be held at the Echo Building on Richmond Hill. The summit brings together a diverse group, including Bournemouth West MP Sir […] Posted by: Mya Driver Read more
BFS Secures £1.9m Loan for London Property Nov 20, 2023 Bridging Finance Solutions (BFS) has successfully facilitated a £1.89 million bridging loan for a London-based client. This achievement marks one of the largest bridging deals for BFS in the fourth quarter of the year. The loan will assist the client, who had previously purchased and refurbished a property for investment purposes, with their financial obligations. […] Posted by: Mya Driver Read more
UK Land Estates to Invest £50m in New Industrial Developments Across the North East Nov 20, 2023 UK Land Estates, a prominent commercial landlord and developer, has announced ambitious plans to create over 400,000 sqft of new industrial property across the North East, representing a significant investment of £50m. The company has submitted five applications for speculative new build industrial developments on greenfield sites, with construction expected to commence in 2025. The […] Posted by: Mya Driver Read more
Tottenham High Road West Scheme Set to Deliver 3,000 New Homes Nov 20, 2023 Haringey Council is moving forward with the High Road West scheme in Tottenham, a major development poised to deliver approximately 3,000 new homes. This significant regeneration project, which has been in planning stages and received approval last year, represents a transformative investment in the community. The scheme is a key part of the council’s vision […] Posted by: Mya Driver Read more
Sirius Real Estate Announces £145m Capital Raise to Expand Portfolio Nov 20, 2023 In a strategic move to bolster its property portfolio, Sirius Real Estate (SRE) has announced plans to raise £145 million through a capital placing. This initiative follows the company’s recent acquisition of multiple assets, including properties in Liverpool, Barnsley, and three locations in North London, which collectively amounted to £45 million. The fundraising effort will […] Posted by: Mya Driver Read more
Torsion Group Announces The Phoenix, a New Yorkshire BTR Development Nov 17, 2023 The Torsion Group, a Leeds-based real estate company, has announced a joint venture with Khalbros Group and Oliver Cookson’s Family Office to bring to life The Phoenix, a prominent Build to Rent (BTR) development in Yorkshire. This collaboration marks a significant step in enhancing the region’s housing options, particularly for its growing professional population. The […] Posted by: Mya Driver Read more
Elivia Homes Obtains £100m Revolving Credit Facility from Octopus Real Estate for Expansion Nov 17, 2023 Elivia Homes, a prominent homebuilding company, has successfully secured a £100m revolving credit facility (RCF) from Octopus Real Estate. This substantial financial arrangement is set to provide a robust platform for Elivia Homes’ ambitious growth plans, with a target to increase its homebuilding capacity from 300 to 1,000 homes annually. The new RCF complements the […] Posted by: Mya Driver Read more
Cardiff’s City Centre to get 2,500 New Homes Nov 17, 2023 Cardiff Council has given the green light to a transformative urban regeneration project by Vastint UK, set to introduce 2,500 new homes along with substantial office and leisure spaces in the city centre. This ambitious development, named ‘The Embankment’, will rejuvenate 47 acres of brownfield land in the southern part of the city, near Butetown. […] Posted by: Mya Driver Read more
Cambridge Set for 125,000 sq ft Life Sciences Hub by Gen Two Nov 17, 2023 Cambridge is poised to enhance its status as a life science and biotech hub with the approval of a new 125,000 sq ft facility by Gen Two. The family-run developer, specialising in life sciences, received unanimous approval from South Cambridge District Council for the project, named ‘Alchemy’, situated on a 5.2-acre site in Fowlmere, previously […] Posted by: Mya Driver Read more
