UKREiiF News

Elivia Homes Obtains £100m Revolving Credit Facility from Octopus Real Estate for Expansion

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

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Cardiff’s City Centre to get 2,500 New Homes

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

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Cambridge Set for 125,000 sq ft Life Sciences Hub by Gen Two

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 […]

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CDL Bolsters British Presence with Manchester Build to Rent Purchase

City Developments Limited (CDL), a prominent Singapore-based global real estate conglomerate, has bolstered its British portfolio through the acquisition of 1NQ, a Build to Rent project in Manchester. This move, costing £75.6 million, marks a strategic expansion of CDL’s private rented sector (PRS) investments across the UK. The ambitious project involves the construction of two […]

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Potential for 1,100 New Homes on South Downs Border in Hamsey and Cooksbridge

A substantial development opportunity has emerged on the edge of the South Downs National Park, with a 78.6-hectare site across Hamsey and Cooksbridge, north of Lewes, being considered for the construction of 1,100 homes. Lewes District Council is conducting an assessment of land suitable for new housing developments, with a public consultation scheduled to begin […]

Posted by: Mya Driver

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5,000 New Homes Proposed in Croxley’s Local Plan

A major development opportunity is emerging in Croxley as the Three Rivers District Council opens a public consultation for its ambitious Local Plan. This plan, a blueprint for the future, proposes the construction of nearly 5,000 new homes in the area over the next 18 years. Focused on sustainable and strategic growth, the plan targets […]

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Norfolk Set to Decide on £7 Million Brownfield Revitalisation in Upcoming Devolution Deal

Norfolk County Council is on the verge of a decisive moment regarding a transformative devolution deal, which includes a significant £7 million allocation for brownfield site development. Council leader Kay Mason Billig anticipates potential enhancements to the deal in Chancellor Jeremy Hunt’s autumn statement. This decision, crucial for the county’s urban redevelopment, is tied to […]

Posted by: Mya Driver

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Orchard Street secures c. 30,000 sq ft Dunstable industrial letting following ESG upgrades

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed a new letting with Shankar Foods Ltd, a leading UK world foods wholesaler, at its Nimbus Park industrial estate in Dunstable. Shankar Foods has agreed a five-year lease across one of the estate’s seven units, taking 28,936 sq ft at a […]

Posted by: Mya Driver

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