UKREiiF 2024: What’s New and What’s Changing Nov 10, 2023 By Nathan Spencer, Director at UKREiiF It’s sometimes difficult to remember that UKREiiF has only taken place twice. It’s become the must-attend event in the industry calendar, and there’s a real sense of FOMO for those who’ve yet to attend. But we’re not resting on our laurels; having only run the event twice means there’s […] Posted by: Mya Driver Read more
Billion-Pound Foundation Drives Transformative Office Development in South Bank Nov 9, 2023 The Guy’s and St Thomas’ Foundation, renowned for its billion-pound endowment, has announced a landmark office development at Old Paradise Yard, poised to become a beacon of growth and opportunity in the South Bank. This significant development is set to reshape the borough’s landscape, replacing the current cultural hub with a modern office complex. The […] Posted by: Mya Driver Read more
Newcastle-under-Lyme’s York Place Poised for Transformation: Development Opportunities Abound Nov 9, 2023 The York Place shopping centre in Newcastle-under-Lyme is slated for demolition, marking a pivotal change in the town’s landscape and opening doors to a series of potential development opportunities. As the last of its tenants, The Co-operative Bank and Specsavers Hearing Centre, relocate to new premises within the town centre, the stage is set for […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
West Northamptonshire Council Acquires St James’ Depot for Northampton Revitalisation Nov 9, 2023 In a strategic move to revitalise Northampton, West Northamptonshire Council has acquired the former St James’ Depot, an area lying dormant for over a decade. This 4.5-acre site is set to be transformed into a vibrant housing development as part of Northampton’s broader regeneration efforts. The council, having purchased the site from Church’s Shoes, is […] Posted by: Mya Driver Read more
Preston High-Rise Flats Scheduled for Demolition and Redevelopment Nov 9, 2023 The Onward Group has disclosed the date for the commencement of demolition work on three high-rise apartment blocks in Preston. The demolition, which includes Carlisle House, Lincoln House, and Richmond House off Avenham Lane, is set to begin on 11th March 2024. This decision follows a thorough consultation with the 180 tenants residing in these […] Posted by: Mya Driver Read more
45,000 Square Feet Redevelopment Proposed for Former Wallsend Industrial Site Nov 9, 2023 The Oceana Business Park, covering an impressive 45,000 square feet in Wallsend, Newcastle, is on the brink of a comprehensive redevelopment. Plans submitted to North Tyneside Council by Harris Strategic Land Ltd outline a vision to repurpose the sprawling area, emphasizing a shift from its industrial past to a revitalized future. The proposed demolition and […] Posted by: Mya Driver Read more
Green light for Gen Two’s 125,000 sq ft Cambridge life sciences hub Nov 9, 2023 Gen Two, the family-run life sciences developer and investor, has received a resolution to grant planning permission for the development of a new 125,000 sq ft next generation life sciences hub in Cambridge. Following a unanimous consent decision by South Cambridge District Council today, Gen Two is aiming to commence construction at ‘Alchemy’ – a […] Posted by: Mya Driver Read more
UKREiiF Reveals Employee Ownership Approach Nov 8, 2023 Organisers behind The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) have finalised their plans to move to an all employee ownership model – with all 22 full-time employees being brought into the programme alongside the business owners. UKREiiF has quickly become the UK’s leading platform and event within the real estate, property and built […] Posted by: Mya Driver Read more
Arc & Co. delivers 68% LTGDV on development with £1.5m-plus units Nov 8, 2023 Arc & Co. and Clearwell worked together to provide a gross loan of £3,265,000 to the developer, whose equity position meant that maximum leverage was required. While providing the stretched debt, Clearwell was also able to support the high value units—each of the three houses is valued at between £1.5m and £2m. Particularly in the […] Posted by: Mya Driver Read more
