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
Multi-Million £ Regeneration Plan Set to Transform Croydon Town Centre Nov 8, 2023 Croydon’s North End Quarter is poised for a transformative regeneration, with the local council inviting input from residents, workers, students, and visitors to the area. An innovative Urban Room initiative has been launched in Croydon to facilitate discussions, exhibitions, and events, aiming to engage the community in the redevelopment process. This initiative is a collaborative […] Posted by: Mya Driver Read more
Joint Venture to Regenerate 4,700 Homes in Basingstoke’s Urban Sites Nov 8, 2023 Sovereign Network Group (SNG) has joined forces with the Hill Group to form the Sovereign Hill Partnership, a new venture focusing on the development of urban brownfield sites. This collaborative effort begins with the regeneration of the Buckskin and South Ham estates in Basingstoke, which consist of 4,700 homes and are highlighted as a regeneration […] Posted by: Mya Driver Read more
JLL announce pavilion partnership with UKREiiF 2024 Nov 7, 2023 International real estate adviser JLL has announced its partnership 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. This is the third consecutive year that JLL has taken a central pavilion at the event […] Posted by: Mya Driver Read more
Avant Homes announces major PRS deal with £59.5m, 306 home sale across 8 developments to Sigma Capital Group Nov 7, 2023 Avant Homes has completed the sale of 306 new homes across eight developments to leading single family housing provider in the UK, Sigma Capital Group, for over £59.5m. The homes are set to be taken to market under Sigma’s private rental brand, Simple Life. The housebuilder’s major sale into the private rented sector (PRS) forms […] Posted by: Mya Driver Read more
Cardiff plans 2,500 New Homes Nov 7, 2023 Cardiff is set to embrace a transformative redevelopment project that promises to introduce up to 2,500 new homes on a historical World War II site. The ambitious scheme, proposed by Vastint UK Services, will rejuvenate the Curran Embankment area in Butetown, incorporating a vibrant mix of residential, business, and leisure facilities. The expansive 47-acre site, […] Posted by: Mya Driver Read more
Sirius Real Estate continues asset recycling programme with disposal of Maintal industrial park at premium to book value and acquisitions in North London Nov 7, 2023 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the disposal of an industrial park in Maintal, in Germany’s southwest Hesse region, for €40.1 million, representing a net initial yield (“NIY”) of 5.7%. The disposal was achieved […] Posted by: Mya Driver Read more
Brent Cross Town starts construction on second Build-to-Rent building with appointment of main contractor and securing of £97m Green Loan Nov 7, 2023 Related Argent and joint venture partner Invesco Real Estate have appointed the main contractor and secured the debt finance for the development of Brent Cross Town’s second Build-to-Rent (BtR) building, enabling construction of 286 new homes. Galliford Try will deliver the homes and over 17,000 sq ft of amenity and retail space, while the £97m […] Posted by: Mya Driver Read more