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
Buccleuch Property acquires prime George Street retail asset for £3.325 million Nov 7, 2023 Buccleuch Property has successfully acquired 49 George Street, situated in the heart of Edinburgh’s prime retail and leisure district, from Columbia Threadneedle Investments for a purchase price of £3.325 million. 49 George Street holds a prominent position on the northern side of the street and is in a 100% prime location between Frederick Street and […] Posted by: Mya Driver Read more
£1.5bn Investment Set to Revitalise Walsall: Over 1,000 Homes and 4,000 Jobs to Be Created Nov 6, 2023 Walsall Council is poised to unveil expansive regeneration plans following the confirmation of £1.5 billion in inward investment. The ambitious project aims to stimulate the local economy by delivering over 1,000 homes and creating approximately 4,000 job opportunities for residents. Councillor Adrian Andrew, the portfolio holder for regeneration, has presented the strategic vision on Monday […] Posted by: Mya Driver Read more
£18.4m Cleethorpes Seafront Enhancement Seeks Design Consultants for Market Place Revamp Nov 6, 2023 The North East Lincolnshire Council has unveiled an £18.4 million seafront enhancement project in Cleethorpes, targeting a transformative redevelopment of the Market Place, Pier Gardens, and Sea Road, financed by the Levelling Up Fund. A tender opportunity is now open for design consultants to lead the regeneration efforts of Cleethorpes’ Market Place. The project’s ambition […] Posted by: Mya Driver Read more
ASD Contracts Transforms Georgian Style Apartments In Central Cheltenham thanks to £2.3m Investment Property Loan Nov 6, 2023 A block of previously tired flats in central Cheltenham has been rejuvenated into a stunning, Georgian style contemporary development by ASD Contracts thanks to a £2.3m investment property loan from Secure Trust Bank (STB) Real Estate Finance. Situated on Wellington Road in Cheltenham town centre, Buckingham Court is currently undergoing a major refurbishment that will […] Posted by: Mya Driver Read more
West Berkshire Council to sell £62m Commercial Property Portfolio Nov 6, 2023 In a strategic financial move, West Berkshire Council is set to sell its commercial property portfolio valued at up to £62 million. The portfolio, which includes a variety of assets such as supermarkets, commercial warehousing, a bank, and a petrol station, is a part of the council’s plan to reallocate financial resources and support its […] Posted by: Mya Driver Read more
ELM Group Acquires 1,368 Retirement Units to Expand UK Property Portfolio Nov 6, 2023 ELM Group, the property management firm headquartered in Frimley, has broadened its holdings within the UK retirement sector by acquiring 1,368 units from Orbit, a housing provider. The purchase increases ELM Group’s portfolio in the South of England to a total of 4,638 properties. The portfolio addition consists of 1,178 retirement leasehold apartments, 168 houses […] Posted by: Mya Driver Read more
Redevelopment Opportunities: Greater Manchester Nov 6, 2023 Last week’s planning applications in Greater Manchester highlighted a significant focus on special education needs (SEN) with Bury’s outstanding special education school planning an expansion to increase pupil capacity by 70. Tameside also submitted plans for a new SEN-dedicated building at Longdendale High School. Bury and Stretford Eye Town Centre Overhauls Proposals for Bury town […] Posted by: Mya Driver Read more
Investec provides Stelling Properties with £12 million loan to fund Southampton modular PBSA development Nov 6, 2023 Investec Real Estate (“Investec”) announces that it has provided Stelling Properties Group (“Stelling”), the modular development specialists, with an £11.85 million loan to finance the construction of a modular purpose-built student accommodation (PBSA) scheme in Southampton. The 122-studio scheme, which will be operated by Unilife, is due to complete in time for the 2024/25 academic […] Posted by: Mya Driver Read more
Nido to partner with Primus and H.I.G on Leeds and Lancaster student developments Nov 6, 2023 Nido, Europe’s trusted operator in purpose-built student accommodation and residential for rent, is to partner with a Joint Venture between Primus Property Group (“Primus”) and H.I.G Realty Partners (“HIG”) on the design and subsequent operation of two purpose-built student accommodation (“PBSA”) schemes at the heart of Leeds and Lancaster. Scheduled to open in September 2025, […] Posted by: Mya Driver Read more
