Newham Council Mulls £40m Property Portfolio Sale Amid Financial Strain Nov 3, 2023 In a bid to mitigate financial hurdles, Newham Council is deliberating the sale of its property portfolio, NewShare, which presently holds an equity balance of circa £40 million. Initially introduced in 2013, NewShare, a shared equity loan scheme, aimed at facilitating affordable home ownership for residents. The scheme commenced with 305 properties, but now encompasses […] Posted by: Mya Driver Read more
£3m funding success to build affordable homes on brownfield land Nov 3, 2023 Manchester will receive more than £3million to support housing projects across the city bringing long-term brownfield land back into use. The funding will help build 210 homes in total – 119 of which will be affordable housing – at sites across north and east Manchester and one site in the city centre. 81 of […] Posted by: Mya Driver Read more
Downing Property Finance Attains £75m Sustainability-Linked Facility from HSBC Nov 3, 2023 Downing LLP has secured a substantial £75 million sustainability-linked facility from HSBC, earmarked by the institution’s property finance division. This move forms part of a broader endeavour to bolster Downing’s sustainability blueprint and extend sustainability-linked facilities to Small and Medium Enterprises (SME) developers. This sustainability-linked loan (SLL) framework laid down by Downing is crafted to […] Posted by: Mya Driver Read more
Development Opportunity Emerges as £1.4 Million Demolition of Rothesay House Approved Nov 3, 2023 The Fife Cabinet Committee Councillors have unanimously approved the £1.4 million demolition of the 40-year-old Rothesay House, a former council administrative office building. This decision, aimed at cost-saving and paving the way for redevelopment opportunities, aligns with Fife Council’s ambition for regional regeneration and sustainable property management. The demolition, funded from the corporate contingencies budget, […] Posted by: Mya Driver Read more
Council Unveils £630 Million Development Opportunity, Seeks Partners for Housing-Led City Regeneration Nov 3, 2023 Belfast City Council has launched a substantial venture, opening doors for a development opportunity valued at over £630 million, and is now in search of a proficient long-term partner to spearhead multi-site, residential-led, mixed-use developments across the city. This initiative aligns with the ambitious Belfast Agenda, aiming to accommodate an additional 66,000 residents by 2035 […] Posted by: Mya Driver Read more
CBRE Acquires Sovereign Centros, a leading UK Asset Management and Development Management Business Nov 3, 2023 CBRE today announced the acquisition of one of the UK’s leading asset management and development management business, Sovereign Centros. This acquisition will enhance CBRE’s asset management and development management capability, particularly within retail, expanding the company’s client relationships and growing its expertise across sectors. Sovereign Centros focuses on shopping centres and retail parks, leisure and […] Posted by: Mya Driver Read more
UKREiiF speaks to Industry Leaders #10: Practical Steps for SMEs to Embrace ESG Values Nov 3, 2023 Welcome to the UKREiiF opinion series! We’ve gained exclusive access to the opinions of leaders from across our industry. Stay tuned to find out thoughts on the important issues that affect the UK Built Environment. By Fahmida Nisa, Project Manager at UKREiiF In our rapidly evolving business landscape, ESG values are becoming integral for both […] Posted by: Mya Driver Read more
UKREiiF speaks to Industry Leaders #9: The Silent Struggle – My Struggle with Alcohol, Drugs, and Their Environmental Impact on the UK Built Environment Nov 3, 2023 Welcome to the UKREiiF opinion series! We’ve gained exclusive access to the opinions of leaders from across our industry. Stay tuned to find out thoughts on the important issues that affect the UK Built Environment. By Anonymous My name’s Jason, and I’m an alcoholic. I also work in the UK Built Environment. For 21 years, […] Posted by: Mya Driver Read more
UKREiiF speaks to Industry Leaders #6: Revolutionising Communities: The Digital Transformation of Placemaking in the UK and Beyond Nov 3, 2023 Welcome to the UKREiiF opinion series! We’ve gained exclusive access to the opinions of leaders from across our industry. Stay tuned to find out thoughts on the important issues that affect the UK Built Environment. By Charlotte Bowen, Business Development Manager at Commonplace I’m Charlotte, and I spearhead Business Development at Commonplace, with a singular […] Posted by: Mya Driver Read more
UKREiiF speaks to Industry Leaders #5: Maximising your minutes with UKREiiF Nov 3, 2023 Welcome to the UKREiiF opinion series! We’ve gained exclusive access to the opinions of leaders from across our industry. Stay tuned to find out thoughts on the important issues that affect the UK Built Environment. By Matt Christie, Director at UKREiiF One of the most common discussions myself and the team have with local authorities […] Posted by: Mya Driver Read more
