Tungsten Properties Bags £8m Basingstoke Site for Progressive Urban Logistics Development Oct 31, 2023 Tungsten Properties has secured a six-acre plot in Basingstoke, Hampshire, at a purchase price of £8 million, marking a strategic step towards the establishment of a new urban logistics scheme. The developer has already sailed through the planning permission stage for the erection of two industrial warehouses on the acquired site. The larger warehouse, dubbed […] Posted by: Mya Driver Read more
Fasanara Capital Invests £10m in Multifi Oct 31, 2023 SME credit platform, Multifi, has secured a £10 million investment from asset manager Fasanara Capital, aiming to significantly alter the SME finance sector. The funding aims to bolster Multifi’s which is dedicated to simplifying credit access for Small and Medium Enterprises (SMEs). Multifi, recognising SMEs as the “backbone of the UK economy,” provides an interface […] Posted by: Mya Driver Read more
The Dean Hotel Group Agrees to Sell Majority Stake Oct 31, 2023 The Dean Hotel Group has today announced that it has agreed to sell a majority stake in its business to an investment vehicle that is managed and led by Lifestyle Hospitality Capital (LHC) Group, and backed by funds advised by Elliott Investment Management L.P. Founder Paddy McKillen Jr and the McKillen Company will retain a […] Posted by: Mya Driver Read more
Liverpool Street Station and Luxury Flats to Replace Car Park in West London Oct 31, 2023 A series of planning applications have been submitted in Hammersmith and Fulham, outlining major redevelopment projects in West London. Among these proposals is the transformation of a residential car park into three luxury flats and a significant revamp of the Liverpool Street Station. The residential car park project, led by Architects Studio Varey, proposes the […] Posted by: Mya Driver Read more
Preferred Developer announced for a major £130+ million Northampton regeneration project Oct 31, 2023 West Northamptonshire Council has confirmed that national regeneration developer, Cityheart has been announced as their preferred development partner to bring forward the Four Waterside and Marefair sites. Working in a joint venture partnership with West Northamptonshire Council (‘WNC’) Cityheart will deliver a transformational and ambitious scheme for the town centre. Situated at the entrance of […] Posted by: Mya Driver Read more
Final round of consultation launched on key planning document set to shape the future of Leeds Oct 30, 2023 Leeds City Council is encouraging residents, businesses, and other stakeholders to have their say in the final round of consultation on the Local Plan Update. This final round sets out new and updated planning policies, to help the council deliver its climate emergency commitments. This third round of consultation is the last step, before the […] Posted by: Mya Driver Read more
Creagh Industrial Park to expand with new builds Oct 30, 2023 An industrial park in Co Antrim is expanding with a new build unit being brought to the rental market and a further warehouse receiving planning permission. The new units will add more than 62,000 sq ft of space to Creagh Industrial Park outside Toome representing an excellent opportunity for business growth and development to new […] Posted by: Mya Driver Read more
TCC Strengthens Foothold in European Market with Candour Acquisition Oct 30, 2023 The Trammell Crow Company (TCC) broadens its real estate horizon in the UK by acquiring London-based office developer Candour. This strategic move sees TCC bolstering its UK office sector position, with Candour’s founders stepping into senior roles. The acquisition, part of TCC’s European expansion, includes ongoing projects in Bristol, Manchester, and London. The union signifies […] Posted by: Mya Driver Read more
Reward Finance Group Amplifies Credit Line with £50m Addition from Foresight Group Oct 30, 2023 The UK-based specialist lender, Reward Finance Group, has successfully augmented its credit line by £50 million, courtesy of the alternative investment manager, Foresight Group. This enhancement not only propels Reward’s total lending facility with Foresight to £180 million but also fortifies their shared vision for growth and expansion. Amid a challenging industry milieu, this move […] Posted by: Mya Driver Read more
£5m Government Grant Fuels Low-Cost Housing Project in North Taunton Oct 30, 2023 The North Taunton Woolaway Project, steered by Somerset Council, recently secured a £5 million grant from the central government, promising a faster pace of development. This initiative aims to replace 162 outdated residences in Priorswood with 229 low-carbon council houses, and refurbish 27 more. The funding, channelled through Homes England’s affordable housing programme, is set […] Posted by: Mya Driver Read more
