30,800 homes & 300 hectares commercial property propose in Shropshire Jul 14, 2023 Shropshire Council’s Cabinet will be asked to endorse a response to the Planning Inspector’s Interim Findings report next week, as part of ongoing work to establish Shropshire’s new Local Plan. The draft Shropshire Local Plan was submitted for examination in September 2021, followed by a first stage of hearings with inspectors in July 2022 and January 2023. […] Posted by: Mya Driver Read more
Major Housing Development in Hull to Feature Riverside Promenade and Family-Friendly Spaces Jul 14, 2023 The Hull city council has revealed plans for a significant housing development in central Hull, focusing on the east bank of the River Hull between Myton and Drypool bridges. The project, known as the “East Bank Urban Village,” aims to revitalize the area as part of a city center regeneration program. The council’s report provides […] Posted by: Mya Driver Read more
Plans submitted for Crescent Innovation North Jul 14, 2023 Following a major community consultation exercise, plans have been submitted to Salford City Council by The English Cities Fund (ECF) and the University of Salford to bring forward Crescent Innovation North – a key part of the wider £2.5bn, 252-acre Crescent masterplan. The Crescent Innovation North application covers an area of approximately 29 acres and […] Posted by: Mya Driver Read more
The PG Group secures £7.4m Paragon Bank finance for Bristol apartments scheme Jul 13, 2023 Paragon Bank’s Development Finance division has provided a £7.4m finance package to support the development of 34 apartments by The PG Group in Redcross Mews, Bristol. The Redcross Mews development consists of 34 one, two and three-bedroom flats, five of which will be shared ownership. Construction is set to complete in Summer 2024. The PG […] Posted by: Mya Driver Read more
Cohort Capital £11 Million Loan for West London Life Sciences Hub Jul 13, 2023 Cohort Capital has facilitated a £11 million loan for the refinance of The Life Science Park located in Sunbury-on-Thames, West London. The park, which is housed in a Grade II-listed Victorian pump house, underwent extensive conversion and restoration in 2022. Spanning over 55,000 square feet, the park comprises high-quality laboratory space. The loan, with a […] Posted by: Mya Driver Read more
Padlock Partners UK Fund IV completes initial public offering and raises £26.4M Jul 13, 2023 Padlock Partners UK Fund IV (the “Trust”) announced today that it has completed its initial public offering of trust units (the “Offering”). Pursuant to the Offering, the Trust issued an aggregate of approximately £26.4 million of trust units, comprised of 2,541,920 Class A Units, 1,617,250 Class F Units and 209,400 Class U Units of the […] Posted by: Mya Driver Read more
Tilbury Douglas to lead construction of Garden Mills Refurbishment Project for Bradford College Jul 13, 2023 Tilbury Douglas, a leading UK building, infrastructure, engineering and fit-out business, is set to lead the construction of the Garden Mills Refurbishment Project for Bradford College, which will deliver a new higher education facility. The project to refurbish the five-storey 1900s building, will see it transformed into flexible higher education STEM training and educational facilities […] Posted by: Mya Driver Read more
Octopus Real Estate provides £36.8m loan for residential development Jul 13, 2023 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a development loan of £36.8m to repurpose and extend a vacant office block into 174 private residential apartments. The loan provided to Sheen Lane Developments will finance the conversion of a vacant office block in Addlestone, […] Posted by: Mya Driver Read more
Vodafone decides to put its portfolio of data centres in London up for sale Jul 12, 2023 Vodafone Enterprise has put a portfolio of its data centre and office freeholds in central London up for sale. The Network Portfolio, consisting of six facilities covering a total area of 260,000 sq ft (24,155 sqm), is estimated to be valued at £100 million. These properties are currently leased to Vodafone Enterprise UK until April […] Posted by: Mya Driver Read more
SCREF secures planning permission for prime Bloomsbury 106,000 sq ft office repositioning Jul 12, 2023 The Schroders Capital UK Real Estate Fund (‘SCREF’) has secured planning permission to redevelop Minerva House, Fitzroy House, and Telephone Exchange, contiguous, part Grade II listed landmark office buildings on Chenies Street in Bloomsbury into a 106,736 sq ft high-quality workspace, a 37% increase on the current floor area, following the addition of two further […] Posted by: Mya Driver Read more
