Blackfinch Property completes £5.6m bridging loan Oct 12, 2023 Blackfinch Property, a rapidly growing agile lender to the residential and commercial real estate sectors, has completed a £5.6m bridging loan, with a 12-month duration, which will be used to help facilitate the development of a new hotel in the heart of Edinburgh. The hotel development project will rejuvenate three dilapidated mixed-use retail/office buildings on […] Posted by: Mya Driver Read more
Torbay on a Roll: £950,000 Grant Secured for Crossways Shopping Centre Regeneration Oct 12, 2023 In a significant boost to Torbay’s rejuvenation projects, the council has bagged a £950,000 government grant. This is specifically earmarked for breathing new life into Paignton’s former Crossways shopping centre. This grant forms a part of a joint effort with One Devon and Torbay One Public Estate, who together have raised nearly £2 million. The […] Posted by: Mya Driver Read more
Chancerygate acquires strategic Manchester site to deliver £15M, 60,000 Sq Ft urban logistics development creating up to 60 jobs Oct 12, 2023 Developer Chancerygate has acquired a 2.3-acre site in East Manchester to speculatively build 59,500 sq ft of Grade A urban logistics and industrial space which could create up to 60 jobs. The site, which was formerly Walkers of Manchester’s printing facility, is located on Crabtree Lane in Clayton three miles east of Manchester city centre […] Posted by: Mya Driver Read more
East of England Showground to become 1,500 Homes, Leisure Centre, and Hotel Oct 12, 2023 The East of England Showground, historically celebrated as the home of the Peterborough Panthers since 1966, is set to embark on an exciting new chapter. The famed racetrack is poised for a transformation, making way for an invigorating blend of modern living and leisure. Owner of the Peterborough Panthers, Keith Chapman, commented on the upcoming […] Posted by: Mya Driver Read more
£2.3 Million Grant Clears Path for Wallasey Town Hall Annexes Demolition; Contractors and Developers Being Sought for Housing Project Oct 12, 2023 Wirral Council has secured a pivotal £2.3 million grant from the Government’s Brownfield Land Release fund, greenlighting the planned demolition of Wallasey Town Hall’s North and South Annexes. As momentum gathers, contractors and developers are actively being sought to revitalise the site, with a vision of introducing up to 149 new homes. The initial stages […] Posted by: Mya Driver Read more
Staffordshire announces commitment to future investment at national conference for 2024 Oct 11, 2023 Staffordshire’s reputation as a county growing in investment potential is set to be enhanced at a national three-day conference in 2024. A delegation from the county council and its partners will be returning to promote Staffordshire at UKREiiF (UK’s Real Estate Investment and Infrastructure Forum) in Leeds to over 10,000 attendees. The event is in […] Posted by: Mya Driver Read more
Octopus Real Estate completes multiple Greener Home Alliance loans totalling over £15m Oct 11, 2023 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate lender and investor, announces today that it has recently completed four further loans as part of its Greener Homes Alliance initiative with Homes England. The four completed loans total more than £15m and will fund the development of dozens of new homes […] Posted by: Mya Driver Read more
Maslow Capital Supports the Development of Two Student Accommodation Schemes with £68M Loan Oct 11, 2023 Leading real estate finance specialist, Maslow Capital, is facilitating the development of two student accommodation schemes in the heart of Leeds and Lancaster with a finance package totaling £68 million. Two loans will enable a joint venture between H.I.G. Realty Partners, the dedicated real estate investment affiliate of H.I.G. Capital, a leading global alternative investment […] Posted by: Mya Driver Read more
Pension SuperFund Capital Acquires STM Group in £35.6m Deal with Upside to £39.8m Oct 11, 2023 Pension SuperFund Capital has officially announced its acquisition of STM Group, the parent company of Options Pensions, in a deal valued at £35.6 million. Through the acquisition arm Bidco, the deal’s worth might increase to £39.8 million if the deferred consideration units (DCU) achieve their full value. Stakeholders in the scheme can expect a cash […] Posted by: Mya Driver Read more
£4.2M Grant Fuels 350 Home Development on Lowestoft’s Old Sanyo Site Oct 11, 2023 A substantial financial boost is poised to transform south Lowestoft as the former Sanyo factory site receives a £4.2 million grant, setting the stage for 350 new homes. However, noticeably absent from the reports is the mention of a specific developer attached to the project. The UK government, via the Department for Levelling Up, Housing […] Posted by: Mya Driver Read more
