Padlock Partners UK Fund IV Bolsters British Portfolio with £1.75m Chippenham Buy Aug 29, 2023 In a strategic move to strengthen its UK presence, Padlock Partners UK Fund IV has confirmed the acquisition of a prime development property in Chippenham. The deal, sealed at £1,750,000, is a testament to the Trust’s commitment to expanding its footprint in the British real estate market. The Chippenham site, currently housing a warehouse, is […] Posted by: Mya Driver Read more
Glasgow Set for Major Student Accommodation Boost with £18.85m Investment Aug 29, 2023 Glasgow’s student accommodation landscape is poised for a significant uplift, thanks to a substantial £18.85m funding secured by Urbanite Living from Paragon Bank. This investment will fuel the development of the Clyde Court project, a state-of-the-art student accommodation facility. Designed by the renowned NW Architects, Clyde Court will stand tall with six storeys, offering 169 […] Posted by: Mya Driver Read more
Glasgow’s Prime Sites Poised for £5.5m Transformation Aug 29, 2023 Glasgow is gearing up for a significant transformation as five key derelict sites in the city are set to benefit from a £5.5m regeneration fund. This initiative is part of a broader effort to revitalise vacant lands that have remained underutilised for years. Among the sites earmarked for development is the area overlooking Govan Graving […] Posted by: Mya Driver Read more
£25,000 Per Home Investment Opportunity Emerges as UK Revamps Waterway Protection Rules Aug 29, 2023 The UK government is set to revisit environmental regulations related to waterway protection, unlocking significant investment opportunities in the housing sector. This strategic move aims to stimulate the construction industry and pave the way for expansive development. Reports indicate that the current “nutrient-neutrality” regulations have added costs of up to £25,000 per home in remediation. […] Posted by: Mya Driver Read more
London’s Prime Property Market Sees a Resurgence with £22m Sale to Far East Buyer Aug 29, 2023 A recent sale of a London flat for a staggering £21.95 million to a buyer from the Far East has marked a notable shift in the capital’s luxury property market. This sale, of a residence overlooking Green Park, is significant as it’s one of the rare central London properties to have sold for over £5,000 […] Posted by: Mya Driver Read more
Global Infrastructure lands multi-million pound SSEN Transmission contract for design & construction of storage warehouses in Inverness and Dundee Aug 29, 2023 Leading Civil Engineering contractor in the Energy & Renewables, Utilities, Infrastructure and Transportation sectors – Global Infrastructure (Scotland) Ltd. – has been awarded a multi-million pound contract by SSEN Transmission for the design and construction of two strategic storage facilities in Dundee and Inverness. The pair of 7500m2 warehouses at the Claverhouse East Industrial Estate, […] Posted by: Mya Driver Read more
Green light for new whisky storage facility Aug 29, 2023 A planning application for a new whisky storage warehouse scheme at Throsk has been approved today (29th August) by councillors on Stirling Council. The planning approval is subject to conditions and a legal agreement being signed (CGI images courtesy of Michael Laird Architects attached). The development at Bandeath Industrial Estate, on behalf of Ian Macleod […] Posted by: Mya Driver Read more
Goole’s Vision for Economic Expansion: Humber Freeport’s £600m Investment Blueprint Submitted Aug 25, 2023 Humber Freeport has taken a pivotal step in its development trajectory by presenting the blueprint for Goole’s freeport tax site to the government. This initiative, spanning 200 hectares, is poised to unlock a plethora of investment avenues. Divided by the M62 motorway, the site is designed to offer potential investors a suite of compelling advantages. […] Posted by: Mya Driver Read more
Capital & Regional Successfully Closes £25 Million Open Offer for Shopping Centre Acquisition Aug 25, 2023 Capital & Regional PLC, a leading UK-focused REIT specializing in community shopping centres, has announced the successful closure of its Open Offer. Earlier this month, on 10 August, the company had unveiled its plans to acquire The Gyle Shopping Centre. This ambitious acquisition was set to be partially funded by an open offer aiming to […] Posted by: Mya Driver Read more
Cardiff’s Iconic Howells Building Undergoes £100m Transformation Aug 25, 2023 Developer Thackeray has unveiled a series of images showcasing the anticipated look of the £100m redevelopment of Cardiff’s renowned Howells building. The retail component of this revamped structure will be christened Hayes @ Howells, boasting 15,000 sq ft of space tailored for upscale tenants. Notably, House of Fraser was the sole occupant of this building […] Posted by: Mya Driver Read more